Home inspectors - the newest profession
The introduction of Home Information Packs from early 2007 will signal the creation of a new breed of professional - the home inspector. Brokers should be prepared for the new business opportunities they may bring
Under the Housing Act 2004, those marketing property (usually estate agents) must provide a Home Information Pack within 14 days of a request by a potential buyer. Default may result in a fine, investigation by the Trading Standards Authority and/or civil action by a prospective buyer or seller. HIPs will include evidence of title, replies to standard enquiries, results of the standard searches and home condition reports.
HCRs will be similar to the existing home-buyer survey, although they will
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