Revised Search Code and Consultation Announced
The Council of Property Search Organisations (CoPSO), owner of the Search Code of Practice, has announced a revised Code to reflect the new market environment while still maintaining standards. A corresponding consultation with key stakeholders has also been initiated. These developments are as a consequence of the recent suspension of the HIP Regulations meaning that the legal framework governing the provision of local and other property search reports has fallen away. PCCB welcomes the revision, consultation and also the aims to actively promote the Code as a mark of quality with key stakeholders and to add value to the Code by creating a clear differentiation in the market between reliable operators and those whose actions bring the whole industry into disrepute.
The full CoPSO press release is copied below.
01 Jul 2010 - Read more...
PCCB Statement on Suspension of HIPs
In the light of today's Government statement, the PCCB has suspended its compliance activities in respect of the HIP Code with immediate effect. It will also review its role in relation to both the Search Code and any subsequent developments in the market following the demise of compulsory HIPs.
20 May 2010 - Read more...
PCCB Cancels Registration of HIP Firm
The PCCB has today cancelled the registration of HIP-Save Ltd and HIPserve (UK) Ltd as a subscriber to the HIP Code of Practice for failure to comply with PCCB’s Registration Rules.
06 May 2010 - Read more...
Revised HIP Code announced
AHIPP, the owner of the HIP Code, today announced minor revisions to the Code to provide increased protection for users of Exchange Ready Packs. The changes are effective from today but firms will as always have a period of grace in which to meet the new requirements. The full AHIPP press release is copied below.
16 Apr 2010 - Read more...
PCCB suspends registration of HIP Provider
The Property Codes Compliance Board (PCCB) today announced that it has suspended the registration of HIP Code subscriber HIP-Save Ltd and HIPserve (UK) Ltd after it persistently failed to meet the Board’s compliance requirements and thereby comply with PCCB’s Registration Rules.
12 Mar 2010 - Read more...