Sunday, June 10, 2007

Kelly Threatened by HIP Companies

HIPs team seeks reassurance

The Home Information Organisation are to demand (monday) a precise timetable for the rollout of HIPs and have threatened the Communities Secretary with a multi-billion claim if she scraps the scheme. Just shows how the smell of homeowners money can whip the property sharks into a bloodthirsty lather.

Posted by enuii @ 11:18 PM (430 views)
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3 thoughts on “Kelly Threatened by HIP Companies

  • Regardless of the effect of HIPS (I think the negative impact on the housing market will be negligible next to another interest rate rise), I think this is a good thing that someone at least attempts to hold one of Nu-Labour’s postergirls fawning sycophants accountable for their incompetence.

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  • Yes,

    The reason for the HIPs in the first place was that they (i.e. Hometrack etc) wanted the conveyancing ‘market’ given to them on a plate by solicitors. Once they have HIP’s then they pretty much control the conveyancing business.

    I see no reason why they shouldn’t go ahead really, the conveyancing solicitors have displayed on very many occasions that they neither want nor are they prepared to fight for this area of work.

    To the contrary the Courts are always demanding that we investigate a client’s intimate affairs to see if they have ‘insurance’ for litigation. Then we must give it to the insurance company to run by either in house soliciotrs or panel solicitors of which most local solicitors are not one.

    Nice to know isn’t it that we are so altruistic towards other businesses?

    And this is in the public ‘interest’? Well there won’t be any high street solicitors to challenge the insurance companies in the future so it doesn’t matter does it ?
    1. There will be no High Street solictors

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  • Paul

    How did you cross out the ‘postgirls’ ? comment? I don’t seem to have the tools?

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