The Royal Institution of Chartered Surveyors (RICS) has taken the same tact as the Council of Mortgage Lenders (CML) by calling for HIPs to be postponed.

RICS spokesman Jeremy Leaf said: “Home buying reform, yes. But, implementation proposals are potentially detrimental to the market and the interest of consumers and the wider economy, that we have little choice but to call for a postponement.

“This would provide the opportunity to look at home buying reform in the round, which we have been urging the government to do for some time. We believe that it is time to sweep up all the problems with home buying and selling rather than focus on the depleted home information pack which has most of the stuffing removed.”

RICS has offered a number of solutions to the government as part of its consultation response and is working with other government departments and colleagues in industry to deliver real benefits for consumers.

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