Facts about the Conservative Party Policy on Home Information Packs The Conservative Party has consistently said it will if elected repeal the Home Information Pack regulations. The Conservative Party claim the Home Information Pack creates additional expense for the seller and buyer when they come to move home. The Conservative Party also claims the public has made it clear they do not see the Home Information Pack as conferring any benefit and will be pleased to see the back of this requirement. The purpose of this information sheet is to make you aware of the purpose behind the Home Information Pack and to make you aware of what will happen if the Conservative Party is successful with its intention. It is hoped that by providing a more balanced view of the Home Information Pack and making you fully aware of the consequences of the Conservative Party policy on the Home Information Pack, you will make you own mind up on whether the Conservative Party is correct and whether this political Party deserves your vote at the next general election. Here are some facts that the Conservative Party has withheld from you: FACT: The cost of a home information pack does not add any extra cost to the home selling process. Apart from the cost of the energy performance certificate which is required under European law, all of the other content was required and had to be paid for before the HIP was introduced. FACT: The home information pack has significantly shortened the time it takes to proceed from receipt of offer to exchange of contracts and in the process has taken some of the stress away from moving home. FACT: The home information pack has led to less wasted costs to the homeowner when a sale transaction collapses, amounting to a saving of around 1 million pounds per day FACT: The legal cost of moving home has come down since the home information pack was introduced with homeowners paying 40% less for property searches. FACT: The Conservative Party does not intend to replace the home information pack meaning the stress and wasted costs associated with the antiquated home selling and buying process, that before the HIP, was last overhauled in 1925, will return. FACT: If the home information pack goes you will have to pay more to move home and will also be looking at longer and more stressful home selling and buying experiences. No process is perfect and those working in the Home Information Pack industry are working hard to use the home information pack as a basis to press for badly needed reform to the home selling and buying process. If the Conservative Party goes ahead and implements its policy any hope of further and progressive reform will be lost. Please can we ask you to keep the above in mind when it comes to considering the housing policy of the political parties and deciding for which Party you should vote.