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What impact does the HIP have on home sales?
It helps prospective vendors.
2%
 2%  [ 1 ]
It helps prospective buyers.
6%
 6%  [ 3 ]
It's a waste of time and money.
71%
 71%  [ 32 ]
It deters some folk from offering their home for sale.
13%
 13%  [ 6 ]
It's a 'job for the boys' ploy.
6%
 6%  [ 3 ]
Total Votes : 45

HIPs effect on housing market?
356319 PostPosted: Mon Jan 14, 2008 12:56 am Thank this member for this postReply with quote
UncleNorm Subscriber 17/01/2009 
 
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Good evening all. (not supposed to sound like Asprn! Laughing )

I was talking to my best pal/next door neighbour about this Home Information Pack idea and the impact it might be having on the housing market.

There was a time when, having seen houses in the area going up for sale, another impetuous resident might follow suit, just to test the waters! If he struck lucky, fine. But he might not have really wanted to sell.

We now have the HIP. Apparently, this package costs £300 - £500 to prepare before a house is put on the market. Could it be that the need for a HIP and the cost of its preparation is deterring some people from putting their home up for sale?

I thank you for your views which might make for interesting reading.

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356322 PostPosted: Mon Jan 14, 2008 1:05 am Thank this member for this postReply with quote
Fatalhud Subscriber 11/07/2008 
 
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Would have clicked 3, 4 and five if it would have let me

Alan H
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356323 PostPosted: Mon Jan 14, 2008 1:18 am Thank this member for this postReply with quote
geraldandannie Subscriber 13/06/2009 
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I think it's a case of "all of the above".

When we had a little dabble in the housing market recently, we have several prospective purchasers fail to turn up. No word from them or the estate agent. We 'prepared' the house, waited in, and for nothing.

On the other side of the coin, we travelled to Lancashire to view some properties, and one estate agent cancelled our viewing, with an appointment made several days earlier. As far as they knew, it was our only viewing of the weekend, and what we'd made a 5 hour journey up there for. The reason? They didn't have enough staff to show the property to us. We were flexible on time, but they could not accommodate us.

Anybody 'taking a punt' on selling their house will find some way of backing out of an agreed sale, thus messing up their buyers, and possibly many more in the chain.

So, anything that makes property buying a more serious business, with committed purchasers and committed vendors, and with fewer delays post-offer, has got to be a good thing.

Just my opinion Wink

Gerald
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356328 PostPosted: Mon Jan 14, 2008 2:11 am Thank this member for this postReply with quote
aultymer Subscriber 23/06/2009 
 
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Having, in the past, paid for a survey when I knew the same surveyor had been commissioned by 4 other prospective buyers (and charged them all) I cannot see how the charge 'jobs for the boys' can be made.

If anything HIPS should slow the gravy train that surveyors have been on for years. If it deters people from putting houses on the market when they have no real intention to sell it must be a good thing.

Do I detect, on the forum, a strong feeling that 'if the government does it, it must be wrong'?
How quickly the horrors of the Thatcher years are forgotten.
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356348 PostPosted: Mon Jan 14, 2008 8:37 am Thank this member for this postReply with quote
geraldandannie Subscriber 13/06/2009 
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aultymer wrote:
Do I detect, on the forum, a strong feeling that 'if the government does it, it must be wrong'?


I don't think so, except for the fact that they're in power, and therefore open to criticism of everything they do Laughing

Besides, in answer to this question, there have been 3 responses, all in favour so far.

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356352 PostPosted: Mon Jan 14, 2008 8:40 am Thank this member for this postReply with quote
Pusser Subscriber 30/01/2009 
 
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I believe HIPS is a mixture of the government wanting to be seen doing a green thing that cost them nothing, to earn them some more money and to deliberately slow the housing market down. Off course this idea was conceived during the boom and now of course it will hamper sales throughout England.

The other tiny issue is are there any benefits to seller or buyer and so far that has been a tad difficult to tell and because it is a tad difficult to tell then we can safely assume it is in Gordons interest only.

I too find that I can tick all boxes in the vote as they are all negative and I enjoy being negative. Very Happy

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356368 PostPosted: Mon Jan 14, 2008 9:18 am Thank this member for this postReply with quote
Steamdrivenandy Subscriber 20/06/2009 
 
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My view is that if the operation of HIPS had actually cost the government, rather than house sellers then they wouldn't have happened. They haven't addressed the main problems of the great delays that exist in the house purchase process.
I think they're also symptomatic of a government that has and is micro managing everything, rather than leaving well alone, probably because the EU has taken responsibility for so many things that used to pre-occupy them in the past.
Yesterday I was reading the draft minutes of a Parish Council meeting in another part of the country (don't ask me why Rolling Eyes ) They had been considering the nomination of a plot of land at the village edge by the District Council for the purpose of building a dozen low cost houses for local people sometime in the next 20 years. The point was made that there appeared to be no demand for such housing by 'local people' and the nomination was driven by the District being forced to fulfil a quota set by national government.
In the same minutes they were considering the possibility that the erection of a 'met mast' to measure wind speed a mile or so outside the village would lead to a windfarm in the locality. They decided it wasn't worth raising an objection because even if the application was rejected it would be overturned on appeal as it was national government policy to allow them.
Those two items made me think just how much this government is forcing hundreds of parishes across the country to accept things they instinctively feel are wrong for their area and how the results will despoil and desecrate our country for generations to come.
But there again I s'pose they don't have much of a view locked in Westminster.

Andy

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356372 PostPosted: Mon Jan 14, 2008 9:23 am Thank this member for this postReply with quote
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Steamdrivenandy wrote:
My view is that if the operation of HIPS had actually cost the government, rather than house sellers then they wouldn't have happened. They haven't addressed the main problems of the great delays that exist in the house purchase process.
I think they're also symptomatic of a government that has and is micro managing everything, rather than leaving well alone, probably because the EU has taken responsibility for so many things that used to pre-occupy them in the past.
Yesterday I was reading the draft minutes of a Parish Council meeting in another part of the country (don't ask me why Rolling Eyes ) They had been considering the nomination of a plot of land at the village edge by the District Council for the purpose of building a dozen low cost houses for local people sometime in the next 20 years. The point was made that there appeared to be no demand for such housing by 'local people' and the nomination was driven by the District being forced to fulfil a quota set by national government.
In the same minutes they were considering the possibility that the erection of a 'met mast' to measure wind speed a mile or so outside the village would lead to a windfarm in the locality. They decided it wasn't worth raising an objection because even if the application was rejected it would be overturned on appeal as it was national government policy to allow them.
Those two items made me think just how much this government is forcing hundreds of parishes across the country to accept things they instinctively feel are wrong for their area and how the results will despoil and desecrate our country for generations to come.
But there again I s'pose they don't have much of a view locked in Westminster.

Andy


That is an interesting slant on this subject. Sort of points out in one hit where we are really at and not were we percieve to be at. Brill.

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356379 PostPosted: Mon Jan 14, 2008 9:38 am Thank this member for this postReply with quote
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