Connells responds to HIP announcement

Kay McLellan

June 16, 2006

Rowley, chief executive, survey and valuation division at Connells, said: “The confirmation of the HIP legislation is welcome and everyone can now focus on getting prepared for 1 June 2007. All eyes will be on the housing industry over the coming year and those that have been ignoring HIPs will find that 12-months is a very short time. We’ve been preparing ourselves for a number of months now and having our own survey and valuation division, nearly 500 estate agency branches, a shareholding in Rightmove and a 25 per cent holding in the legal search company TMG puts us in a very strong position to deliver an end-to-end service to all our customers when HIPs become mandatory.”

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