RICS Director of Regulation Steven Gould said: "We are not surprised by these findings. RICS has been warning the Government for months that the HIP is unfit for purpose. Consumers have a right to expect a product in which they can have confidence. RICS has made a number of proposals to Government which deliver the right information to consumers at the right time in the transaction. We hope this damming indictment from their own consumer market research leads to a swift review of policy."
