Tuesday, Oct 16, 2007
HIP operation kicks away the market crutches
Telegraph online: Prices for flats may fall on HIPS
Buyers hunting for one and two bedroom properties could snap up a good deal over the next few months, experts have revealed, if the Government announces the next deadline for home information packs (HIPs) as is widely anticipated within the industry. Rightmove, the property website, expects to see a price fall of up to 5pc in a month, if one and two bedroom properties are given their own HIP deadline - which has yet to be announced.
Posted by bloke111 @ 08:40 AM (308 views) Add Comment
3 Comments
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1. Mark said...
surely rightmove have this wrong, prices go up when HIPs come out...and supply drops.... ha ha ha ha
2. Yorkshireman said...
Hip Hip Hooray !!
3. Roberto Wolf said...
Well said Mark