RICS comment on the parliamentary debate on HIPS

Commenting on today's parliamentary debate on HIPS, RICS spokesperson Jeremy Leaf said: "Today's debate highlights the need for immediate Government action. The introduction of HIPS will have few benefits to the consumer and adversely affect the housing market and the wider economy. The Government should be brave and postpone their flawed plans for home buying reform. By preventing this potentially damaging and chaotic policy Gordon Brown could give substance to his claim to lead a listening Government."