HIPs Will Definitely Start on 1st June
Law Society News
12 February 2007
The Law Society met the Housing Minister on 12 February, and she
unequivocally confirmed the government's intention to launch HIPs
on 1 June 2007. We clearly stated that we believe the launch is a
serious risk for several reasons, particularly the continuing
problems with the search market. As you know, we vigorously
opposed the HIPs proposals in the Housing Act and have continued
to voice concerns over the concept and implementation of HIPs.
Many practitioners were uncertain whether HIPs would become a
reality when the government announced the Home Condition Report
would not be mandatory. It's now clear that HIPs will happen, so
it's vital to prepare your practices to offer HIPs. The Law
Society must support practitioners to compete in the HIPs market
and retain their key role in the conveyancing process. We're
working with MDA/Searchflow to provide you with a high quality
HIP. The pack will include revised, HIP-compliant Law Society
Transaction Protocols