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The Government’s decision to abolish Home Information Packs (HIPs) has helped push more supply onto the market, according to the Royal Institution of Chartered Surveyors (RICS), as house prices edged up in May.
The number of properties put on the market in May jumped 89.4% on April 2009 to its highest level in more than two years, according to Agency Express.
A proposed addition to the controversial Home Information Pack (HIP) that every property seller is obliged to pay for could play into the hands of thieves.
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