Abolish HIP

 So, it’s not all doom and gloom in the world of property! New Land Registry figures show that house prices have increased sharply in East London which is hosting the Olympics in 2012. A large amount of money has been ploughed into the area to regenerate it, and it is paying off. The...

  As most people will have heard by now,  the controversial HIPs have now been suspended. You are therefore not required to have a HIPs pack when you put your property on the market. The EPC will remain though since it is part of European Union legislation. You must therefore...

The coalition government have announced that HIPs packs are to be suspended from 21 May 2010. HIPs will therefore no longer be required when you market your property although you must still commission an EPC. EPC’s are required as part of EU regulations so even if the government wanted to...

Let's talk politics !The question :What is the similarity between the UK electoral system and HIPs?The answer :Neither are perfect but there are no better alternatives !Following the government's announcement of the abolition of HIPs, home owners selling their properties are no longer required to...

 The official Government’s measure shows that overall house prices have risen by 0.7 per cent in March which means they have increased over five consecutive months. According to the Department for Communities and Local Government (DCLG), the average house price is now...

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...

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...

Is the Government about to change First-time Buyer Stamp Duty and even Abolish HIPs?