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Tories call for halt to home information packs

The Conservative party plans to pressurise the government into halting the introduction of home information packs (Hips).

Research by estate agents, published today, shows that the majority of the public would think twice about selling their house following the introduction of the packs in June 2007.

The Conservatives say the packs simply saddle sellers with additional costs, while doing nothing to halt gazumping or helping to speed up the process of buying a house. Home information pack providers, however, say they will help first-time buyers take their first steps onto the property ladder. Sellers will have to pay for the packs, which include information about a property including a home condition report, prior to putting their property on the market.

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