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Petition against Hip rules rejected

Downing Street has rejected a petition calling for the Government to drop plans to tighten the rules on Home Information Packs (Hip) for residential properties in England and Wales.

Some 1,694 people signed the petition on the Number 10 website protesting against the plan to end the so-called "first day marketing concession", which has so far allowed sellers to put their homes on the market before receiving their Hip, provided they have paid for a pack or made a commitment to do so.

After April 5, owners and agents who start advertising a home - for instance by erecting a For Sale board or preparing flyers - before the Hip is available face a £200 fine from trading standards officers.

Estate agents are concerned that requiring a seller to have a copy of the basic Hip in their hands...