Sell or let your house privately online
Houseladder.co.uk
 
GUIDES
News Categories
News Archives
 

More unrest over Hips

Posted: 19 Apr 2006 09:47:17 GMT

Property News - More unrest over Hips

Home Information Packs (Hips) have polarised public opinion in the UK and as the government steps up its campaign, it seems the dispute is as strong as ever.



Tory MP Ian Liddell-Grainger yesterday called for the Hips scheme to be scrapped, arguing that it would waste tens of millions of pounds and that it would create huge VAT returns for the Treasury.

The government, on the other hand, claims that a huge amount of money will be saved, with fewer transactions breaking down.

Responding to Mr Liddell-Grainger's anti-Hip stance, Paul Broadhead, deputy director general of the Association of Home Information Providers (AHIPP), said that he was "poorly informed".

"What he failed to mention is that the introduction of packs will allow a buyer to be properly informed about the condition of a property before it goes on the market and before a hapless buyer spends cash on a survey - the results of which cause the sale to fall through.

"These Home Condition Reports will be done by highly trained Home Inspectors who are not 'instant professionals' but people who will have come from a surveying or building background or who have newly trained to a high level of competence. They will be rigorously regulated," he added.

Hips will be introduced in June 2007 and the government argues that the entire market will benefit from increased transparency.


© Houseladder Ltd




MOST POPULAR

FREE Property Advert
Selling or Letting? List Your Property FREE Now!

FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!

LATEST NEWS

Lib Dem Cable speaks on reasons for record slump
05 Jan 09

Isle of Man boasts rising house prices
05 Jan 09

Homes in Scotland now more affordable
02 Jan 09

First-time buyers may return by year-end
02 Jan 09

Bold buyers could return this year
02 Jan 09

BBA records mortgages dropping by third
31 Dec 08

1 in 5 homes taking a year to sell
30 Dec 08

Repossessions to rocket in 2009
30 Dec 08

Popularity gaining among commercial property
29 Dec 08

Year-end accompanies optimism
29 Dec 08

House prices will drop 35%
24 Dec 08

Lettings and landlords looking good in 2009
24 Dec 08

Capital properties near bottoming out
23 Dec 08

Property prices drop £22,000
23 Dec 08

No house price forecast from CML
22 Dec 08

NAEA offers mixed messages
22 Dec 08

Repossessions could hit 1991 levels
19 Dec 08

Mortgage lending drops to below half
19 Dec 08

Almost 50% of Brits would still buy property now
18 Dec 08

Repossessed homes increasingly sent to auction
18 Dec 08

Asking prices likely to redouble 10% drop
17 Dec 08