Home Information Packs
Home owners no longer have to pay for a HIP when selling their property after the new coalition government scrapped the controversial packs.
Home Information Packs were introduced to speed up the house selling process by obliging sellers to provide certain information about their property when it is first put up for sale.
Ministers suggested the move would save consumers £870 million over the next 10 years as the packs are paid for sellers and cost several hundred pounds each.
However, energy performance certificates – which show how energy efficient a property is – will be retained.
