2010 Election

Things are looking up for Borrowers in the Property Market

 The 2009 Annual Report for the Council of Mortgage Lenders (CML) was published last week. It signals hope for lenders and borrowers in the current climate. On the back of the elections and the disarray the election results caused, this is indeed welcome news. The report says that although the...

The Election Results and what they have in store for the public

While we wait for the final results of the general elections thoughts are probably racing through virtually everyone’s heads about what the eventual outcome will mean in our every day lives. It is clear that the conservatives have the most votes but not enough for a majority and therefore for...

What happens to the HIP in a Hung Parliament?

With everything now pointing to a Hung Parliament, it's worth examining the possibilities for the future of the Home Information Pack.  After all, The Conservatives and Liberal Democrats both promised to abolish HIPs whereas the Labour Party wanted HIPs to stay.  We do know of course that...

Election 2010: Liberal Democrats vow to scrap HIPs too!

In their 2010 Election manifesto launched on April 14th 2010, the Liberal Democrats stated that they would "Scrap burdensome Home Information Packs, retaining the requirement for homes to have an energy performance certificate."  To read the whole manifesto go here. At last one of the main...

Conservatives confirm HIPs to be Abolished

The Conservatives announced in their 2010 Election manifesto on 13th April 2010 that they would indeed plan on abolishing the Home Information Pack if they get into power.  They would also make the lower limit on Stamp Duty £250,000. To quote the manifesto; "Help the housing market to...

Labour's Election commitments - a Flipping Tax-break?

The Labour Party launched their 2010 Election manifesto on 12th April 2010 which included little that was specific and new about housing and property.  One headline announcement, however, was a slight rewording of the 2010 Budget announcement on Stamp Duty. When is a Stamp Duty...

What will the 2010 Election do to UK Property?

With the Prime Minister calling an Election for May 6th 2010, this is a good time to consider the effect the campaign will have on the UK property market - both in terms of activity and prices.  Could the Election reduce demand for conveyancing? Any market is driven by sentiment as much as...

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