Monday, December 8, 2008
HIP burden ramped up by Government
Government announces HIP shake-up
Housing minister Margaret Beckett has announced an overhaul of home information packs which will force buyers to compile a HIP before the property is marketed. Sellers can currently commission and pay for a HIP and then start marketing their property for up to 28 days before the pack is available, but from April 6 2009 they will no longer be allowed to market the property without the HIP. A new Property Information Questionnaire will also be introduced.
Posted by jack c @ 09:02 PM (932 views)
7 thoughts on “HIP burden ramped up by Government”
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paul says:
Expect mad aunt Anne Ashworth to take to the high street every night in her nightie, mascara running down her cheeks, drunk, directing traffic and ranting at cars.
“You’re aaalll wrong, the lor-of-yaaahhhh. Property izza vey good investment I tell’ya …. *bleugh * … “
quiet guy says:
NuLabour just can’t help themslves.
They must meddle.
They must be seen to be doing something.
They cannot admit mistakes (suspend or abolish HIPS).
Ulfar says:
Maybe if they had left the inclusion of a survey as part of the HIP it would have been of some use.
Planning4acrash says:
Maybe this is just an attempt to keep prices high by reducing the number of properties put up for sale?
guiriduro says:
Another wiff of forthcoming election shenanigans. ZaNulab desperately want to show the indices of asking prices to be seen to be slowing down their precipitous drops, measures like these serve to extend the sales process, stop new properties coming onto the market and trying to create a very temporary supply restriction which may translate into a slow down in the rate of price drop (again, temporarily.) Call an election and point to the “improvements”, and maybe enough idiots will vote for the “safe pair of hands” of the incompetent Broon.
growler says:
I see it more like that people won’t “test the market” and sellers will be real sellers. Right now, you could test for 28 days and then decide to take the house off the market. I think you might find that estate agents have themselves brought this on since they’ll nowadays be fed up with vendors “seeing what happens” in what is undoubtedly a falling market. I certainly wouldn’t want my time to be wasted by a waster not seeing reality for what it is. I can’t imagine Rosa Klebb would do such a thing without RICS support. I’ve not seen any criticism from the EA professional body people – which sort of says it all.
gardeniadotnet says:
@4. guiriduro
Nice plan, but people will see right through it. Then again….
The Guardian, Tuesday December 9 2008
Labour has closed the gap on the Conservatives and cemented its position as the party most trusted to deal with the recession, according to a poll published today.