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Oral question asked in the House of Lords, by Lord Dixon-Smith (Conservative). It was answered by Baroness Andrews (Labour) on Monday, 23 March 2009.


Housing: Home Information Packs

Question
To ask Her Majesty’s Government whether, in the light of current housing market conditions, they will abandon the requirement to provide home information packs. My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I declare an interest as I own a small number of farm cottages.
Answer

My Lords, the current problems facing the housing market were caused not by HIPs but by the global economic downturn. Independent research undertaken by Europe Economics found no evidence of any impact by HIPs on transactions or prices.


Secondary information

Type
Oral question
Reference
709 c446 
Session
2008-09
Oral question type
Lead
Chamber / Committee
House of Lords chamber
Subjects
Housing Home information packs Prices Housing market
Link
View this Oral question on www.publications.parliament.uk