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All you need to know about HIPS...

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What will HIPs deliver?

  • Transaction Improvements by reducing the abortive costs to consumers and the industry as well as reducing the number of failed transactions caused by survey or valuation inspection finding. 
 

Independent Estate Agents will lose out

Local independent estate agents are running the risk of losing their independence when HIPs are introduced, says Hailstone, as new major corporate players enter the market in the wake of HIPs. The announcement by supermarket chain ASDA that they are to enter the home sales market and will give HIPs away free is a perfect example of what is likely to happen. In my view, local estate agents need to act now to protect their independence not wait until next year.

 

What will HIPs deliver?

  • Transaction Improvements by reducing the abortive costs to consumers and the industry as well as reducing the number of failed transactions caused by survey or valuation inspection finding. 
 

Time to make the case for HIPs

Last week brought us possibly one of the most unedifying sights possible - the Conservative Party cosying up to estate agents. They have joined forces to slate the new government initiative to improve the house-buying process - home information packs (HIPs).

 

Mortgage lenders support HIPS

The CML welcomes the timeline that the Office of the Deputy Prime Minister has today published for implementing home information packs. The CML regards this as essential to enable the ODPM and the industry to work together to an agreed timetable, and to monitor whether progress is on track.

 

Should we fear home information packs?

In just over a year, the home information pack (HIP) will be part of every property transaction. The Government insists it will be better for the public - but criticism is mounting. Last week, the Conservative Party said it will oppose its introduction, and research by the National Association of Estate Agents shows that the public is beginning to have doubts.

 

Send her packing Mr Prescott

The battle lines are drawn. On one side is deputy prime minister John Prescott. On the other is Kirstie Allsopp, the Location, Location, Location presenter better known for swooshing round properties in search of the perfect pad for hapless house hunters.

The battle is over Home Information Packs (HIPs), or sellers' packs as they were first called. Given Allsopp's mumsiness and sensible shoes, you wouldn't fancy Prescott's chances of winning.
 


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