Commenting on the Government's decision to delay the introduction of Home Information Packs (HIPs) from 1st June until 1st August, Royal Institution of Chartered Surveyors (RICS) spokesperson Jeremy Leaf said:
"This decision shows our fears and concerns were justified. We support the introduction of Energy Performance Certificates (EPCs) - we always have. The additional time should be used constructively to iron-out the problems. The practical implementation of HIPs must serve the best interests of the consumer.
RICS has not withdrawn the Judicial Review - it has been 'stayed' and can be reactivated if the Government fails to deliver on its obligations. RICS has not agreed to what the Minister outlined in Parliament today. RICS has only agreed to the stay of the Judicial Review on the following terms:
* The Government provide a 12 week consultation period on EPCs.
* The Government publish a Regulatory Impact Assessment (including a full cost-benefit analysis).
* The Government pay RICS' legal costs.
We will be examining the new proposals in detail, and will continue to work in the public interest on home buying reform and climate change."
RICS has invited the department of Communities & Local Government to attend a key stakeholder meeting (organised by RICS) for the 7th June to discuss the way forward on home buying reform.