Here’s another thing that we don’t really need in a credit crunch...

The controversial Home Information Packs (HIPS) have come under new criticism from political parties that will be of interest to conveyancing news.

With the property market in a slump, many charted surveyors have long been critical of the implementation of the packs, blaming them for delays and hindrances in the housing sector.

Many have argued that HIPS provides information to buyers, whereas others say it is not needed.