
Chris
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Nov 23, 2007, 4:28 PM
Post #1 of 1
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Changes in Legislation
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Following the announcement today 22.11.07 that Home Information Packs are to be extended to 1 & 2 bedroomed properties from 14th December 2007, there have also been some legislative changes which have been made concurrently with the press release. The main changes are: Before most properties with one or two bedrooms can be marketed, as from the 14th December a HIP will have to have been formally requested. This falls in line with the current requirements for properties with three bedrooms or more. The temporary provisions enabling marketing to commence, once a HIP has been formally requested, will now be extended until the 1st June 2008. Most of the leasehold information, now classed as Required (compulsory) will become Authorised (voluntary). The exception is the Lease itself, which must be included in the HIP. Chris DEA
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