Thursday, August 2, 2007

Long-awaited Home Information Packs have finally been launched today with estate agents warned they risk losing their jobs if they encourage home sellers to bend the rules

Home packs - no tricks and no escape

From today all homes of four bedrooms or more which go up for sale on the open market must have a Home Information Pack, known as a Hip, which contains an evaluation of the property's energy efficiency, evidence of ownership, information from local searches, and copies of any planning or building consents

Posted by chris :-)) @ 03:30 AM (339 views)
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2 thoughts on “Long-awaited Home Information Packs have finally been launched today with estate agents warned they risk losing their jobs if they encourage home sellers to bend the rules

  • planning4acrash says:

    Do they also have to put in planning refusals and enforcement notices issued against the property?! I hope so!!

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  • Interesting to see Ms Cooper dodging questions on TVam the other day. Rather like politicians shifting the justification for the Iraq war to ‘regime change’ when the WMD in 45 mins dossier proved to be dodgy.

    The reasons originally given for the introduction of HIPS was to speed up and oil the wheels of the house sale process by providing information up-front. The Home Condition Report and the searches were the most important. The Energy rating was included as a sideline as the Gov will be required to do this eventually anyway.

    Due to Government ineptitude and lack of planning, the HCR was pulled, and the Energy report postponed (and now only includes 4+ bed houses). Ms Cooper is now inflating the importance of the Energy rating as justification for this silly and costly fiasco. Speeding up the house sale process doesn’t seem to be the issue any longer. Well, how could it be – the buyer will still have to obtain their own survey; the mortgagee will still require their mortgage valuation; the conveyancing will still need to be done. When asked whether people would bend the system by marketing their house as 3 beds plus a study, the response was that this would not happen as 4 bed houses sell for more – yeah right!.

    To be honest, I don’t think most people give a stuff about energy efficiency. If they were then everybody would make sure they had over 12″ loft insulation, double glazing, cavity wall insulation and a condensing boiler coupled to a modern efficient heating system. Open fireplaces also reduce energy efficiency, although some rather like the effect in the winter. In my experience, people are currently more interested in whether the house has a white bathroom suite with chrome fittings (whats wrong with Pampas I say), and whether the kitchen compares with those seen on property porn TV.

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