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Unanimous preference for homes with Hips

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Property News - Unanimous preference for homes with Hips

Unanimous preference for homes with Hips

Posted: 25 Oct 2006 11:12:05 GMT

Both pro and anti delegates at a recent Home Information Pack (Hips) conference were unanimous in saying that they would rather buy a home assured by the scheme


Both pro and anti delegates at a recent Home Information Pack (Hips) conference were unanimous in saying that they would rather buy a home assured by the scheme.

Supporters of the much-criticised Hips programme said that the result proved that there was a clear commercial demand for the certification.

Hips are set to be launched in June next year but won't include a mandatory requirement for what had been flagged as the biggest change, Home Condition Reports (HCR).

"Hips are going to happen and the industry must ensure that it is ready," said Mike Ockenden of the Association of Home Information Pack Providers (AHIPP).

"We are commencing our early roll out of the packs in November and have received immense support from local businesses in the six identified locations.

"The overwhelming response from both audience and panel saw 100 per cent agree that they would prefer to buy a home with a HIP," he said, reports In2perspective.

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MORE UK PROPERTY NEWS: October 2006

House price growth still hearty says Nationwide  Posted: 31 Oct 2006 12:24:39 GMT
House prices have risen for the eighth consecutive month and are now eight per cent higher than last year, the Nationwide house price index has shown

New mortgages hit two year high says BoE  Posted: 31 Oct 2006 12:21:52 GMT
New mortgage approvals hit a two year high in September, the Bank of England figures have shown, with 126,000 new home-loans approved over the month

CML criticises "costly indulgence" of Hips  Posted: 30 Oct 2006 12:10:45 GMT
The Council of Mortgage Lenders (CML) has weighed into the ongoing debate about Home Information Packs (Hips), describing the scheme as a "costly indulgence".

House price growth may herald slowdown says survey  Posted: 30 Oct 2006 12:09:24 GMT
Recent increases in UK property prices may be the last burst of growth heralding a slowdown, new research from Hometrack has suggested

Mortgage lending rises in September says BBA  Posted: 27 Oct 2006 10:40:08 GMT
Mortgage lending continued to rise over the course of September, new British Banker Association (BBA) figures have shown, with a three per cent rise in approvals on August

Equity release continues to grow  Posted: 27 Oct 2006 10:38:12 GMT
The number of UK pensioners using equity release to tap the built-up value of their homes has continued to rise says industry group Safe Home Income Plans (Ship).

Average London prices to hit £400k by 2011  Posted: 26 Oct 2006 10:53:51 GMT
Average house prices in London will rise to almost £400,000 within the next five years, a London Housing Federation report has warned

Buy-to-let unaffected by rate rise says report  Posted: 26 Oct 2006 10:52:13 GMT
Enthusiasm for new investment in the buy-to-let market remains undimmed, despite concerns that affordability is cutting rental yields and dampening the market generally

Government announces areas to receive £40 million development fund  Posted: 25 Oct 2006 11:14:50 GMT
The government has released a list of 45 towns and cities across the UK that it believes will see rapid economic growth and will receive a share of new homebuilding funds

Unanimous preference for homes with Hips  Posted: 25 Oct 2006 11:12:05 GMT
Both pro and anti delegates at a recent Home Information Pack (Hips) conference were unanimous in saying that they would rather buy a home assured by the scheme

Property market to continue to flourish in '07 says report  Posted: 24 Oct 2006 11:13:29 GMT
House prices in the UK will grow six per cent over the course of 2007, a report from international property agents Knight Frank has predicted

Savings back in bricks and mortar says survey  Posted: 24 Oct 2006 11:09:40 GMT
Cash flows in the UK are returning from savings vehicles to the property market as confidence in bricks and mortar returns to pre-2005 levels says new research

Thousands of mortgage holders overcharged admits BoS  Posted: 23 Oct 2006 11:34:33 GMT
Thousands of Bank of Scotland mortgage holders have found their bank accounts cleared out after the company accidentally charged multiple mortgage payments

HMO charging "lottery" says study  Posted: 23 Oct 2006 11:31:07 GMT
Houses in Multiple Occupation (HMO) rules have become a "postcode lottery" with councils across the country failing to consistently apply them, says new research

House price rises near 50% push NI to top of UK hotspots  Posted: 20 Oct 2006 10:40:02 GMT
Dramatic house prices of 46 per cent in the Northern Irish towns of Newry and Antrim have powered them to the top of the UK's property hotspots, says new research

A quarter of young reliant on parents for deposit  Posted: 20 Oct 2006 10:37:58 GMT
A quarter of all 20 to 35-year-olds are banking on their parents to cover a significant amount of their deposit when they buy their first home says a new survey

Letting terms of just days considered as "seismic changes" shake Scots rentals  Posted: 19 Oct 2006 12:05:26 GMT
The Scottish buy-to-let market is experiencing "seismic changes" due to rapidly rising property prices, a leading rental agent has said

Mortgage lending at seasonal record says CML  Posted: 19 Oct 2006 12:01:19 GMT
Mortgage lending hit £29.5 billion during September, new Council of Mortgage Lender (CML) figures have shown, a historical high despite declining from August

Young to power coming buy-to-let explosion says report  Posted: 18 Oct 2006 11:59:10 GMT
The number of buy-to-let tenants in the UK is set to expand by between 20,000 and 30,000 every year for the next ten years, a new report has claimed

HMO apocalypse off mark says analyst  Posted: 18 Oct 2006 11:56:47 GMT
The more doom-laden predictions of the effects of Houses in Multiple Occupation (HMO) legislation have not come to pass, Moneyfacts has claimed

Buy-to-let investors move fast says survey  Posted: 17 Oct 2006 12:35:58 GMT
Buy-to-let investors tend to move fast when they have a good feeling about a property, says new research – and in some cases alarmingly so

Average new home prices fall 1.1 per cent  Posted: 17 Oct 2006 12:34:28 GMT
Average new home prices fell to £255,787 in September, down 1.1 per cent over the course of the month and 0.1 per cent over the last year

Average asking prices up 11% over year says survey  Posted: 16 Oct 2006 15:00:16 GMT
The average asking price on property in the UK has risen 11.5 per cent over the past year to a record £218,954, new figures from Rightmove have suggested

Population growth to drive buy-to-let over coming decades  Posted: 16 Oct 2006 14:58:34 GMT
The buy-to-let market is likely to see sustained growth over the next quarter of a century as official figures show population increase of more than six million up to 2030

Economy boosts housing market  Posted: 13 Oct 2006 11:59:51 GMT
The strength of the British economy is fuelling further house price rises across the country, according to a new report.

UK house prices 'continue to soar'  Posted: 13 Oct 2006 10:14:51 GMT
House prices across the UK rose significantly during the third quarter of the year, indicating a continued strengthening of the market.

Landlords warned to protect against flooding  Posted: 12 Oct 2006 10:18:42 GMT
Landlords and homeowners across the UK are being advised to prepare themselves for storms over the next few weeks.

Half of non-homeowners priced out of property market  Posted: 12 Oct 2006 10:14:39 GMT
Almost half of all non-homeowners in Britain (49 per cent) cannot afford to buy a property.

New mortgage targets graduate buyers  Posted: 11 Oct 2006 09:06:10 GMT
A new mortgage product has been launched to help graduate first-time buyers and young professionals.

More first-time buyers pay stamp duty  Posted: 11 Oct 2006 09:02:59 GMT
More than half of all first-time buyers in the UK now pay stamp duty.

House prices 'slow in September'  Posted: 10 Oct 2006 15:42:21 GMT
An unusually high level of property market inflation in August this year has been followed by a dip in September, a new report claims.

New property regulations 'to improve energy conservation'  Posted: 10 Oct 2006 15:38:13 GMT
The introduction of Energy Performance Certificates (EPC) is expected to boost energy conservation within the residential property sector, a report claims.

Experts issue advice for buy-to-let landlords  Posted: 09 Oct 2006 16:29:26 GMT
UK professional landlords are being advised to watch out for warning signs with tenants to ensure that they are not left struggling.

Average UK home 'now costs £198k'  Posted: 09 Oct 2006 14:56:20 GMT
The average price of a house in the UK rose to at £197,631 in August 2006, up from £194,454 in July.

UK landlords mark buy-to-let tenth anniversary  Posted: 06 Oct 2006 09:48:14 GMT
Landlords and lenders in Britain are celebrating the tenth anniversary of buy-to-let.

Majority of graduates 'unable to buy first home'  Posted: 06 Oct 2006 09:34:03 GMT
Over half of UK graduates are uanable to afford to buy their first home.

Bank of England holds interest rates steady  Posted: 05 Oct 2006 12:27:05 GMT
The base rate of interest in the UK will remain at 4.75 per cent for another month.

Further house price rises last month  Posted: 05 Oct 2006 12:26:41 GMT
UK house prices rose by one per cent last month, new figures reveal.

Housing market experts welcome new Homebuy scheme  Posted: 04 Oct 2006 17:28:18 GMT
Leading property market specialists have welcomed the launch of the government's new Open Market Homebuy scheme.

Mortgage payments 'placing added pressure on incomes'  Posted: 04 Oct 2006 14:18:27 GMT
Mortgages are taking a much larger chunk of homeowners' incomes than they did ten years ago, a new report claims.

Housing scheme for key workers  Posted: 03 Oct 2006 11:06:43 GMT
A new initiative aimed at helping thousands of key workers in Britain get a foot on the property ladder has been launched.

New buy-to-let mortgages from Britannia  Posted: 03 Oct 2006 11:04:31 GMT
Britannia Commercial Lending has unveiled a new buy-to-let mortgage range for investors looking to expand their property portfolio.

One in three homeowners 'increase mortgage term'  Posted: 02 Oct 2006 08:57:40 GMT
A third of homeowners in Britain opt to increase the term of their mortgage when they change their plan, a new poll reveals.

British parents add value to children's homes  Posted: 02 Oct 2006 08:55:48 GMT
Parents in the UK have provided billions of pounds worth of free DIY to their children over the past five years.

UK PROPERTY NEWS: Archives


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