London Fields Blogs

A housing market body has said there is a “loophole” in the Home Information Pack (HIP) rules which could mean sellers escape having a pack.

The Royal Institution of Chartered Surveyors (RICS) said the rules allowed for sellers merely to have ordered a home pack when exchanging contracts.

As a result, sellers, if they sold quickly, could do so without having a pack in place, RICS added.

But the government said the claim of a loophole was “nonsense”.

full story 

Welcome to London fields financial services website, this is the first post in our blogs. Very soon we shall start bringing you latest information on financial stuff that you will find very useful.