In a statement made by the Communities Secretary Ruth Kelly to the House of Commons regarding the implementation of Home Information Packs it was stated that they will be delaying the implementation from June 1st to August 1st.
The government will also revise the regulations and implement the following changes.
From August 1st Home information packs and energy performance certificates will be required for the sale of four bedroom properties and larger.
Until the end for this year, they will also allow people to market their properties as soon as they have commissioned the information packs, not having to wait until they have received them.
The minister for Housing Yvette Copper stated:
"Energy ratings for homes will help cut carbon emissions and family fuel bills. Given the serious threat from climate change, it would not have been acceptable for energy certificates to be subject to long legal delays and uncertainty."
The Council of Mortgage lenders welcomed the delay in the implementation of the home information packs and urged the Government to consider the best way of moving forward.
We have helped thousands of UK people obtain advice on Remortgages.
We Believe the Best Advice is 'Independent' Advic
- Bank Rates Rise Hit Borrowers
UK bank rates have been rising much faster than most financial analysts predicted. Many economists expect that UK rates will continue to increase. Experts note.... - Finding The Best Mortgage Rate
The key to finding the best UK mortgage rate is to have a full understanding of all the types of mortgages available. The mortgage you.... - Why Should You Remortgage?
More and more people are opting to remortgage. Remortgaging is when current mortgage holders switch their mortgage deal, or mortgage lender, with the expectation of.... - Variable Rate Mortgages
Variable rate mortgages are mortgages based on the standard variable rate offered by lenders. It is variable because it is linked to the Bank of....