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The Story of the UK Hips or Home Information Pack
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Home Page > Finance > Mortgage > The Story of the UK Hips or Home Information Pack
The Story of the UK Hips or Home Information Pack
Posted: Sep 17, 2007 |Comments: 0
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Ministers have wrecked Hip scheme’s foundations Estate agency may go private over Hips. There has been a U-turn Labour climb-down on Home Information Packs. There is fear the property industry will be hit with the cost. Home info packs threaten disruption Home seller’s pack threatened by lack of inspectors Information packs will ‘destabilise housing market’ Anti house-pack campaign stated the £1,000 home sellers packs should be axed, When an inspector calls ‘It will be like a doctor examining a patient with their clothes on’ Lenders generally in support of Home Information Packs. House information packs ‘half-baked and dangerous ”Hips will harm economy’ claim Estate agents: what’s in it for us.
The pack consists of a Energy Performance Certificate. This part of the Home Information Pack is required to meet the in order to meet the requirements of the European Energy Performance of Buildings Directive. Initially the cost of a Home Information Pack, including the Home Condition Report, was estimated to be around £600 by the Government. Compulsory documents are Home Information Pack Index, Energy Performance Certificate, Sales statement, Standard searches (local authority enquiries, drainage and water search)Evidence of title, Additional information for leasehold and commonhold sales, where appropriate.
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About the Author:
Lee Car has been a UK mortgage broker for over 10 tens with a vast knowledge of buy to let, commercial, insurance and residential mortgages. http://www.MortgageHome.co.uk
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What should be in a hip pack ?
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Lee Car has been a UK mortgage broker for over 10 tens with a vast knowledge of buy to let, commercial, insurance and residential mortgages. http://www.MortgageHome.co.uk
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