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News Release from: Chartered Institute of Building [CIOB] | Subject: Home Information Packs timeline
Edited by the Buildingtalk Editorial
Team on 21 March 2006
Home Information Packs timeline
published
Key milestones for introduction of the Home Information Pack programmes have been published by the Office of the Deputy Prime Minister.
Key milestones for introduction of the Home Information Pack programmes have been published by the Office of the Deputy Prime Minister, setting out what Government and industry need to do to ensure that Home Information Packs are successfully launched in June 2007 Key points in the timeline include:
This article was originally published on Buildingtalk on 12 Mar 2004 at 8.00am (UK)
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* March 2006 - Government go ahead for multiple certification schemes, meaning lower set up costs for industry and robust standards set by Government to ensure quality Home Inspectors and a trusted, objective Home Condition Report for consumers.
A number of organisations who are interested in running certification schemes have already come forward and the Government is considering their proposals.
Over 3,000 people are already going through training for the Home Inspector qualification.
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* April 2006 - Government launch HIP publicity campaign to industry and details of a three-phased product launch and dry run will be published.
* June 2006 - draft regulations are made setting out the detailed contents of Home Information Packs, rules governing the availability of packs, exceptions from the pack duties and arrangements for enforcement.
* June 2006 - June 2007, a three phase approach to product testing - that builds up to Government and industry testing across all aspects of the process, involving estate agents, solicitors, pack providers, lenders and others who play a part in delivering Home Information Packs to consumers, from ensuring that certification schemes are up and running, so that Home Inspectors can register Home Condition Reports, to offering voluntary packs to consumers in advance of mandatory implementation.
The Summer of 2006 will also see the launch of a series of geographical industry led trials.
* September 2006 - Government approve the first Certification Schemes to oversee the work of Home Inspectors.
The schemes will be set up and run by industry.
Government will set the standards that the schemes will operate.
In September the Home Condition Report Register contract will be agreed.
A fully operational register will follow as soon as possible afterwards.
* November 2006 - June 2007 - product testing continues with phase two and three leading the programme into implementation on June 1st.
By now, lenders will be able to use information from the Home Condition Report for valuation purposes, resulting in less on site valuation and costs savings for consumers.
* April 2007 - public awareness publicity campaign is launched.
* March 2007 Review of the outcomes of the final phase of the product launch make final adjustments ready for going live 1 June 2007.
The detail of the timeline will be further developed in partnership with industry and be continuously updated.
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