A new body has been introduced to the UK property information providing sector after the Association of Home Information Pack Providers (AHIPP) and the Council of Property Search Organisations (CoPSO) merged, MortgageSolutions-Online.com has reported.
The Federation of Property Information Providers is the name of the new property sector group. Its aim is to enhance the current working ability of the two separate property bodies and to behave as one voice for the entire property sector.
Director-general of AHIPP and the first executive director of the new federation, Mike Ockenden said: ?The creation of this influential representative body recognises the increasing importance of property information provision to consumers. Working together, we can ensure that home buyers and sellers have access to the highest quality property information, backed up by the guarantee of the search and HIP codes.?
The Council of Property Search Organisations? chief executive, Kate Nicholls commented: ?The establishment of the Federation marks a coming of age for the newer segments of the property sector, and recognises the growing professionalism of HIP and search providers. Bringing these fields together promises to add real value to our efforts to improve the home buying process and is intended to assure consumers that we have their interests at the fore during what is often a stressful period in their lives.?
This is good news for property owners and first-time buyers, as it should make the process of buying and selling houses easier. With the property sector showing definite signs of improving and stabilising, this merger signals another sign of buoyancy for the UK housing market.
