Oral Answers to Questions
Debate between Jessica Lee and Adam Holloway
Jessica Lee (Erewash) (Con)
1. What assessment has been made of the effect on providers of home information packs of the suspension of the requirement for such packs to be produced.
Mr Adam Holloway (Gravesham) (Con)
3. What assessment he has made of the effect on the housing market of the suspension of the requirement to provide home information packs.
The Secretary of State for Communities and Local Government (Mr Eric Pickles)
The suspension of HIPs has given a much needed boost to the housing market. Reports from the industry suggest that the number of new homes coming on to the market has increased by more than one third since HIPs were suspended. We have also estimated that abolishing HIPs could save consumers just short of £900 million over the next 10 years.