The recent change in the requirements for properties which require a Home Condition Report (HCR) before they can be offered for sale has led to requests for the Government to state when it will be necessary for owners of properties put on the market before HCRs were required to supply an HCR if the property remains unsold. This is called the 'drop dead date' in the vernacular.
The Government's repsonse last week was...
"No date has yet been set. Currently, any property that was already on the market on the commencement date (i.e. 1 August 2007 for sales of homes with four or more bedrooms and 10 September 2007 for those with three or more bedrooms) does not need to have a HIP. However, a date will be set (the Drop Dead Date) when all properties that are on the market will be required to have a HIP, regardless of when they were first marketed. We will set this date in the light of market conditions as HIPs bed in."
When the date is announced, we'll publish it, but it looks like it might be some time yet.
