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gasket37

Hips To Be Withdrawn?

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... on Radio 4 PM programme

Interview with Yvette Cooper, Housing minister soon.

FFS! Listening now but the item isn't on yet.

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Probably. They don't want to be held responsible for any antics in the housing market.

What grips my p#ss is the likely crowing of that fat biatch Kirstie :angry:

FFS! Listening now but the item isn't on yet.

Gimme a break - there is the small matter of a war in the middle east to cover first. :P

Still - the Brits are getting out - so that is alright then... ;)

Edited by gasket37

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Gimme a break - there is the small matter of a war in the middle east to cover first. :P

Still - the Brits are getting out - so that is alright then... ;)

:lol::lol:

No, not a surprise, but those who have been priced out have even more grounds for protest. This 'government' is doing nothing to create a level playing field. Such negligence will backfire.

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:lol::lol:

No, not a surprise, but those who have been priced out have even more grounds for protest. This 'government' is doing nothing to create a level playing field. Such negligence will backfire.

Hips would have done nothing whatsoever to make homes more affordable for those who are currently priced out. It is likely that it would have made the current situation worse.

By no means is the current scenario acceptable but Hips would not bring prices down imho.

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as a public service , i rattled the below in from the interview whilst it was on:-

"will still bring in energy efficiency bit first on 01.07.06 - this will still go ahead.

rest needs more testing - but the remainder will still be bought in

will continue with area based trials as it is "in the interest of consumers"

mortgage lenders - don't want big bang approach

there will be an "Inside Money" programme soon where apparently cooper said the exact opposite!

but the interviewer let her off the hook. :angry:

cooper mentioned the magic words "vested interests - people who don't want change"

she has met HIP providers / lenders in last 2 weeks to gauge progess

so all in all, it will still go ahead in due course (in you believe nulab on anything) :unsure:

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And from the link

'Michael Gove, for the Tories, said the plans are now "a complete shambles".

His party has urged the government to scrap the packs, which it says could cost homeowners up to £1,000 each. '

Homeowners??? Surely home sellers?

does it get to you as well?

that someone with a mortgage for so much money your balls shrink at the very thought of it.. and go on to call themselves home owners as they increas their mortgage to buy some new dual cab pickup called the compensator or something..

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Here is the link to the government's press release (with the appropriate spin!)

http://www.dclg.gov.uk/index.asp?id=100288...ssNoticeID=2207

'The introduction of HIPs will now be phased prioritising the delivery of energy efficiency information (ie. energy efficiency certificates will be required from June 2007) with further testing later this year on the other aspects of HIPs'.

Just shows the power Kirsty Alsopp has in Whitehall!

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3 U-turns and you are out:

1. SIPPS

2. ID Cards

3. HIPS

And NuLabour are still in power? :blink:

P.S. The Law Society were anti-HIPS saying they were unworkable and that most solicitors had no clue as to how they would work in practice. The Lawyers said no.

Edited by Realistbear

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Oh dear. Rightmove could be in the 'brown stuff'. Didn't their share price surge recently on the back orders of HIPS?

Ooops!! B)

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Oh dear. Rightmove could be in the 'brown stuff'. Didn't their share price surge recently on the back orders of HIPS?

Ooops!! B)

:lol::lol::lol:

http://www.hipsco.co.uk/news/03-04-06.htm

Rightmove relying too much on HIPS for future revenue
Rightmove, the property website, shares may have slipped last week, however, the company is still trading on a price-earnings ratio of more than 100. Even judged against the excesses of the dotcom boom that is an impressive rating.
Rightmove believes it is well placed to sell home information packs to its customers. In fact, by 2008, UBS, the company's broker,
expects the packs to generate £360m of £400m forecast turnover
.

Serves the data-skewing con artists right. RMV might get hit hard on the markets tomorrow.

:lol::lol::lol::lol::lol::lol:

http://www.hipsco.co.uk/news/18-07-06.htm

Sources say the government has been plagued by criticism of the new HIPs packs especially by the conservatives, particular criticism has been made of the high cost of the packs for homeowners and their potential impact on the housing market.

IMO, this is a vote of no-confidence in the property market. Too fragile to introduce anything that might stop a sale. In a way its a victory for the EAs (not RM) but another blow to NuLabour and their ability to manage the economy.

Edited by Realistbear

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Realist,

Rightmove slipped 2.29% in the last 30 minutes of trading (just after 4pm).

Oops looks like the news has had an affect!!!!

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:lol::lol::lol:

http://www.hipsco.co.uk/news/03-04-06.htm

Rightmove relying too much on HIPS for future revenue
Rightmove, the property website, shares may have slipped last week, however, the company is still trading on a price-earnings ratio of more than 100. Even judged against the excesses of the dotcom boom that is an impressive rating.
Rightmove believes it is well placed to sell home information packs to its customers. In fact, by 2008, UBS, the company's broker,
expects the packs to generate £360m of £400m forecast turnover
.

Serves the data-skewing con artists right. RMV might get hit hard on the markets tomorrow.

:lol::lol::lol::lol::lol::lol:

http://www.hipsco.co.uk/news/18-07-06.htm

Sources say the government has been plagued by criticism of the new HIPs packs especially by the conservatives, particular criticism has been made of the high cost of the packs for homeowners and their potential impact on the housing market.

IMO, this is a vote of no-confidence in the property market. Too fragile to introduce anything that might stop a sale. In a way its a victory for the EAs (not RM) but another blow to NuLabour and their ability to manage the economy.

Hmmmmmmmmmmm...is it possible that the government can see where the wind is blowing on houseprices and don't want to be lumbered with the blame when it goes pop.

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Realist,

Rightmove slipped 2.29% in the last 30 minutes of trading (just after 4pm).

Oops looks like the news has had an affect!!!!

RIGHTMOVE (LSE:RMV.L) Edit

Last Trade: 352.00 p

Trade Time: 4:35PM

Change: Down 8.25 (2.29%)

Prev Close: 360.25

Open: 360.00

Bid: 351.75

Ask: 352.25

1y Target Est: 425.00

The overall FTSE was only down .34% which suggests that RMV were tanking and got saved by the bell. It will be interesting to see how they do tomorrow.

The property market has been taking some heavy body blows recently with IR headed up, bad news on the inflation front, U-turns on HIPS, No wonder the EAs are publishing estimates for house prices to rise 50% in 4 years etc.

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Hmmmmmmmmmmm...is it possible that the government can see where the wind is blowing on houseprices and don't want to be lumbered with the blame when it goes pop.

Exactly what I've started to think. This is such a massive political error that there has to be more to it...

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Major U-turn Number 4:

http://news.bbc.co.uk/1/hi/health/5191284.stm

Tuesday, 18 July 2006, 13:21 GMT 14:21 UK

Key NHS reform plans put on ice

The expansion of a key NHS reform has been put on ice after specialist services started to suffer.
Payment by Results is a new system of funding whereby hospitals are paid per patient treated.
But it has caused cash problems in specialist children's hospitals due to the complex nature of their work.
Ministers said they would get extra money to plug the shortfall and said there was now no timetable to extend it into other services not covered.

1. SIPPS

2. ID cards

3. HIPS

4. NHS

And for their next U-turn: A nice big IR hike!!! :D

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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