or is it good for the buyer and bad for the seller ?
2007-07-31 23:22:55 · 16 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
They are a joke
the original idea was fine... get the seller to bring together all the required documents so there is no need for many purchasers to do the same work.
then the reality started to kick in, the people doing the work for the seller had no duty of care to the purchasers (the people actually using the info in the HIP's).. so it could be anything at all, and the purchaser couldn't rely on the information.
the early days of the HIP surveys demonstrate that the HIPS information is worthless.. as the surveyors really don't have a scooby..
the aim may have been laudable.. but like so much of government legislation in the alst 10 years it sounds great.. but its actually one giant con job that costs money.. but doesn't actaully achieve anything tangible or useful.
2007-07-31 23:35:31 · answer #1 · answered by Mark J 7 · 3⤊ 0⤋
No it is the usual good intentions pave the way to hell.
It is OK if the house sells very quickly but after a certain time things can change. The Council can decide to put a road through. The roof may begin to leak. Any one of a number of things. it is shambolic and will only irritate vendors and purchasers alike.
Frankly I think it is a lousey idea, it is still a question of "Let the Buyer Beware, I'm not sure how a competant solicitor or Mortgager is going to react. I do think it is up to the government to tell them how they lend their money
The annoying thing is the government know it is a bad idea which is why they have modified it on the hoof but to drop it would lose face and they would have to compensate those who have paid for some training in the matter. Instead they now wish to protectthe public purse by wasting private money
2007-08-01 05:00:58 · answer #2 · answered by Scouse 7 · 2⤊ 0⤋
Crap idea. I've no plans to sell my house anyway and own it outright. Thankfully it only has three bedrooms, one of which, the smallest, has been converted into an office, where I am right now.
The home info packs are for houses with four or more bedrooms.
No point in converting the 4th bedroom into a large broom cupboard, because it will only bring down the price.
Like every other form of 'tax', it starts out quite low at about £500 or so, but how long before it's £1,000 or worse, the UK.gov decide to place a tax levy on the sale of a property, say 10% VAT.
It will happen. I'm staying put and I don't give a damn if there is a house price crash.
The new home information packs [HIPs] will go the same way as the MoT on a banger - not worth the paper it's printed on. We all know, don't we?
Take this quotation and write it out in big letters and put it up in your office or home where everyone can see it.
"EVERYTHING IS TAXABLE".
Benjamin Disraeli, Prime Minister 19th century.
In UK politics it's not so much a choice of tax or no tax, but which tax! This HIP tax is totally useless and as other posters have already pointed out, is quite meaningless and of no value. Just another cash grab by UK.gov who as ever, no mattrer who we vote for, is profligate with our money.
2007-08-01 01:16:51 · answer #3 · answered by Dragoner 4 · 3⤊ 0⤋
Bad idea. More expense, tax, time. Also some vital information is not going to be included i.e. flooding risk. Also would u risk accepting this information, can it be forged in any way? Can u sue if the information in the pack is incorrect? I think most of the people and industry itself thought it was a bad idea, so the Government still persisted so is it to raise more tax?
2007-07-31 23:33:49 · answer #4 · answered by shafter 6 · 3⤊ 0⤋
New houses are built to current building regulations.
The HIP's are written to follow the latest building regulations.
If your house is older than a new build, it is bad for everyone. Buyers will start trying to barter prices down due to poorer results on older houses and sellers will be stuck with a house and a HIP with a big red sticker against it.......!!!!
It takes 30 minutes to do the inspection and we will have to pay how much?
THEN, when you have paid for your HIP on the house you want to sell, you will have to pay extra for a full structural survey to tell you if the house you want to buy, is OK, because the HIP for the house you want to buy doesn't include a full survey....Once again, the government have got it sooooo wrong for us but sooooo right for them £££££££££££......!!!!
2007-07-31 23:35:16 · answer #5 · answered by Anonymous · 3⤊ 0⤋
A bad idea.
I cannot see anyone refusing to by a house on the grounds that 'the loft is not insulated'.
You can also say "Not not four bedrooms - 3 beds & a study"
I hear that there was one section on if there were energy saving lightbulbs !!!!!! What moron thought that up ??? A lot of people would just take them with them, most would not care at all !!!!!!!
2007-08-02 03:16:29 · answer #6 · answered by David 5 · 1⤊ 0⤋
Its a big con, just another tax. Buyers will still get their own surveys and searches done anyway, as most of this information goes out of date quickly. When I sell my house, I will NOT be paying for one. Who is anybody to tell me I need this rubbish to sell my house.
2007-07-31 23:39:50 · answer #7 · answered by the boss 4 · 1⤊ 0⤋
I do not think they will make any difference.I have my home well insulated so nothing to hide & if I decided to sell my property I would add the price on to it.So I think the buyer will end up getting the raw deal.
2007-08-03 06:37:32 · answer #8 · answered by Ollie 7 · 0⤊ 0⤋
That is out of context as you have just stated. I do not like or respect this President. Think he should fill out his term and stop the blame game. Regardless, he will be judged by History. I cannot fathom that being a good thing for him or those who supported him.
2016-04-01 05:14:38 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I don't think they help either to be honest.
What you need is a structual survey, and it's doesn't have one in it.
Energy certificate - yeah right, it doesnt cost ₤400 to ask for a copy of the last 12 months electricty /gas bills. What more do you need to know.
2007-07-31 23:28:03 · answer #10 · answered by 'Dr Greene' 7 · 3⤊ 0⤋