Changes to the rules surrounding Home Information Packs (HIPs) introduced today look set to cause more confusion and rule bending. This comment from price comparison site moneysupermarket.com just about sums things up:
“Amid all the chaos surrounding HIPs, the Government has introduced yet another amendment that will only confuse matters further. Anyone searching for a three bedroom home might have to look much harder, with a sudden glut of adverts for two bedroom houses with a large study! The Government should bite the bullet and admit, in their current format, HIPs are a disaster."
You can find the official Government website for HIPs at http://www.homeinformationpacks.gov.uk/. This explains that, from today, all homes in England and Wales with three or more bedrooms will require a HIP, including a home energy rating certificate.
There was a suggestion from a property expert on the news this morning that HIPs can cost up to £1000. This example was for a leasehold property in central London and it is typically much cheaper than this, but the wider introduction of HIPs will certainly add an additional layer of cost and complexity to the already difficult home selling process.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment