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How will Home Information Packs (Hips) Affect Chartered Surveyors?
The introduction of the home information pack (hip) in the early part of 2007 will mean a significant shift in the way residential properties are appraised. The emphasis will shift away from merely surveying a property for bank valuation purposes (as is the case in 80% of residential sales) to providing a more detailed Home Condition Report (HCR) likely to be similar to a RICs Homebuyers survey and valuation (HSV), this will bring many new opportunities for the professional Chartered Surveyor / Home Inspector.

What’s Hipsco role in the Home Information Packs market?
Hipsco is set to be a major supplier to the home information pack (Hip) market, we are fully committed to making the transitional period following the introduction of the home information packs (hips) as smooth as possible. We will provide all the technology needed for the electronic delivery of the Home Condition Report (HCR) and will make full use of new and existing systems to ensure Hipsco registered Home Inspectors are at the forefront of the Home Information Packs (Hips) industry.

What do I do now?
Hipsco are constantly updating our database to enable us to have a nationwide network of Chartered Surveyors / Home Inspectors ready to deal with a large share of the expected 1.2 million home information packs (hips) compiled every year. We are welcoming pre-registration to be a home inspector for Hipsco. Once you are registered you will receive regular updates via Hips e-News informing you of the latest regulations and industry changes.

 

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