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Sunday 25th of April 2010
April 21, 2010    

Researcher corrects claims for HIP impact on transaction volumes

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by Gill Montia

On 6th April, Finance Markets published an article entitled “HIPs get all-clear on influencing sales volumes” reporting that the Association of Home Information Pack Providers (AHIPP) had announced there has never been a correlation between the number of new properties put up for sale and the introduction of the HIP.

However, researcher Ipsos MORI, which conducted the study used to back AHIPP’s statement, has today issued a press release clarifying its findings.

The move has, in part, been prompted by comments from Shadow Housing Minister, Grant Shapps, who described the research as “fundamentally flawed right at the outset” because it failed to take into account those deterred from selling their home because of HIPs.

Ipsos MORI is at pains to point out that study was based on consumers who had both already decided to sell their home and had ordered a HIP from a member of AHIPP.

It was not, therefore, commissioned to capture the views of those who were only contemplating selling, in fact the report clearly states: “It is important to note that all those that took part in the research have commissioned a HIP”.

According to MORI, the results were never intended to be used to make authoritative statements on the impact of HIPs on levels of housing market transactions and consumer decisions about whether or not to sell.

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