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UK NEWS

HIPS 'HAVE NOT HELPED HOMES MARKET'

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Home Information Packs have 'failed to make house-buying easier'

Thursday March 20,2008

The Government's controversial Home Information Packs (HIPs) appear to have failed in their aim to improve the home-buying and selling process, a consumer group has said.

An investigation carried out by Which? found that both buyers and sellers were having problems getting hold of the packs, and the information they contained may be inaccurate and could be out of date within six months.

The packs, which the group found to cost between £234 and £529, aim to speed up the house-buying process by providing buyers with information on the property and Energy Performance Certificates.

But a team of Which? researchers, who posed as prospective buyers in Eastbourne, Ipswich, Leicester and Rotherham, found that out of 23 estate agents, 11 had properties with HIPs and the researchers were shown just two reports.

Two estate agents said HIPs were the private property of the owner, while two others said it was illegal to mail a copy to prospective buyers. Both these excuses are untrue.

The researchers also found anecdotal evidence that some sellers were having problems obtaining the packs, with one being told she would have to pay £20 plus VAT to get a hard copy of the report.

When she asked for an electronic copy, the agent said she would have to come to his office and view it on his computer.

Which? also expressed concerns about the quality of some HIPs. It asked a HIP assessor to examine six packs and while three were rated good, two were average and one was poor.

Housing Minister Iain Wright said: "Consumers are already benefiting from the introduction of Hips. Search costs are falling as a result of increased transparency in the market, energy ratings can help people to reduce fuel bills, and first-time buyers are receiving important information about their home for free.

"But it is clear from our trials and these findings that more can be achieved, which is why we are actively working with key stakeholders to embed and enhance the Hip."


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HIPS ANOTHER WAIST OF MONEY

20.03.08, 10:33pm

another labour job creation scheme ,,labour has the monopoly on creative jobs in the uk ,we have the wheelie bin police ,hips assesors,anti smoking patrols ,congestion marshals ,congestion monitors and charge personnel and administration etc ,etc .

• Posted by: crazyhorseReport Comment

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HIP'S

20.03.08, 7:19pm

Well this deaf 2nd rate govt. with 3rd rate ministers can't say they were not warned by the people involved in buying and selling houses,(which has given billions of pounds in stamp duty to useless govt.) The ministers seem to believe that they know best and carry on ruining systems that have worked well for decades, in particular assisting MPs to buy second homes on the back of the tax payer without the need for HIP's. Leave the markets to the experts and not to some stupid person who has probably never had a job or business in the real world.

• Posted by: DaveyboyReport Comment

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IS WRIGHT RIGHT?

20.03.08, 4:59pm

Instead of Housing Minister Iain Wright claiming that the consumers are already benefiting from the introduction of Hips, should have said the Treasury is benefitting from the VAT and the Income Tax on these worthless reports.

He claims earch costs are falling but does not mentin the fact that the allowances given to these incompetent MPs keep on going up from these ill gotten gains.

• Posted by: NalinReport Comment

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INCOMPETENT

20.03.08, 3:59pm

Another useless initiative from this incompetent government.
What a waste of money and totally meaningless bits of paper.
Just another tax on the home owner.

Get rid of them.

• Posted by: lionedReport Comment

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PURE GOVERNMENT INTERFERENCE.

20.03.08, 11:30am

How the hell this was ever going to 'help' the housing market, I do not know.
This is nothing more than more bloody interference by this government yet again in anything and everything it can meddle with and of course TAX!
GET RID OF IT AND THIS INCOMPETENT,LYING CHEATING,THIEVING GOVERNMENT.

• Posted by: Jac16Report Comment

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HIPS 'HAVE NOT HELPED HOMES MARKET'

20.03.08, 10:19am

Another Debacle emanating from THE INCOMPETENCE PARTY !

Britain must be the laughing stock of Europe !

• Posted by: EmperorMingReport Comment

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