Home Information Pack Redress Scheme
Posted on: 18th July 2007
The Home Information Pack (Redress Scheme) (No. 2) Order 2007 has been made and comes into force on 1 August 2007.
It coincides with the introduction of Home Information Packs (HIPs) for homes with four or more bedrooms, and means that any estate agent in England or Wales who wishes to market a home for which a HIP is required, must be a member of an approved redress scheme.
Currently, the only redress scheme that has been approved is that offered by the Ombudsman for Estate Agents. Other schemes are under consideration.