Home Information Pack
Home Information Pack (sellers pack)
In an effort to reform and improve the home buying and selling process, the Government is proposing to introduce a Home Information Pack (HIP), or sellers pack in 2007. As well as the terms of sale, this pack will also provide other key information, including surveys, replies to local searches, warranties on new properties, and guarantees for work carried out on the property. The proposed legislation will require home owners or their selling agents to have this pack available when marketing homes for sale and for propective buyers to see on request. You can find the latest information on HIP at the website of the Office of the Deputy Prime Minister.
Homebuyers News
Budget airlines to boost Cyprus house prices !!
The price of property in Cyprus is set to rise this year after a low-cost airline said it would serve the island from the UK. !!
Hips trial extended to 12 more locations !!
The trial run of Home Information Packs (Hips) will be extended to an additional 12 locations across the UK it was revealed today. !!
Over 5,000 sign petition against Hips !!
More than 5,000 people have signed a petition against Home Information Packs (Hips), which are due to come into force in June this year. !!
Desperate first-time buyers give up holidays !!
Most first-time buyers are so desperate to get on the property ladder they would give up holidays to save money, a new survey reveals. !!
Buy-to-let "not to blame" for first-time buyer crisis !!
The growth of buy-to-let is not to blame for pricing first-time buyers out of the housing market, an expert in property economics has said. !!