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Home Information Packs

Volume 506: debated on Wednesday 24 February 2010

To ask the Secretary of State for Communities and Local Government pursuant to the answer to Lord Bates of 25 January 2010, Official Report, House of Lords, column 1190, on energy performance certificates, what the evidential basis is for the assessment that home information packs have (a) bedded down well and (b) proved to be a useful instrument to help purchasers. (317871)

A survey by Connells estate agency in 2009 of more than 37,000 transactions showed that sales with HIPs go through seven days more quickly on average. Consumer research carried out by the Office of Fair Trading showed that a third of buyers were influenced by their HIP and found the new property information questionnaire to be the most useful component.