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PROPERTY NEWS ARCHIVE

10 Dec 07 - Tories Launch Home-Buying Review

The Conservatives are launching their own review of the home-buying process amid growing controversy over the Government's Home Information Packs scheme.

The party has teamed up with Channel 4's "Location Location Location" presenter Kirstie Allsopp, along with housing industry expert Owen Inskip for the review, which will analyse both the consumer side of buying and selling a home and the industry's perspective.

The move comes after the Government announced it will introduce additional HIPs to cover smaller one and two-bedroom homes before the end of the year, costing homeowners hundreds of pounds more to sell their property.

The Conservatives have already said they will scrap the scheme if they secure power at the next General Election. Shadow housing minister Grant Shapps said the review will "invite submissions from people who really know this market, like the industry experts and of course anyone who has ever bought and sold a home".

Source: Conservative Party

 


News items supplied by SelectNews, produced by PA Business, part of the group that owns The Press Association, the UK's national news agency. Copyright (c) PA Business 2007.

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