Home info packs suspended
 

..and then to be abolished.

http://www.communities.gov.uk/news/housing/1591781

Shame. The planning and introduction was a shambles, they were incomplete - for example, no environmental search - and criminalising people for no HIP was a joke. But they did make more info available upfront and did help speed things up a bit.

More to the point, I made money on them. Not much, about £20 a go, but we had a great priocess. We could get them in place within about 30 mins. I'll just have to increase fees elsewhere:D

Re: Home info packs suspended
 

Hooo-bloody-ray! Too late to help me out, but I seems to me that HIPS gave nothing the normal conveyancing process would not show up (EPC excepted*) and cost money just to put a house on the market. £250-£450 for nowt IMHO. Yes I can see that the whole HIPS industry that has grown up around this will go down the toilet and I feel for you in that regard Ed (but you can add £20 to conveyancing and no one will really notice! :-dd), but folks who make a living from HIPS were just leeching off the housing market.

* The EPC remains but is not needed before putting on the market.

God I hope this helps put a buyer my way (but I doubt it!) :smt120

Re: Home info packs suspended
 

common sense in our government....who'd have thought it possible.

Re: Home info packs suspended
 

We used to outsource our HIPs to a HIP company but then we realised that we could do them better ourselves and make a small profit. We used to charge £275 to include VAT. The outsourcing company we used has invested lots of money in their systems and I suspect that their 15+ employees will now be made redundant.

Re: Home info packs suspended
 

Shame about their employees but it was tantamount to extortion...

Re: Home info packs suspended
 

What did they do before HIP's. More people out of pocket with them than without.

Re: Home info packs suspended
 

Bah, all you bleedin' homo-wners.

Less paperwork = better. Always.

Re: Home info packs suspended
 

I ain't a home owner no more. I've decided I like renting:D

Re: Home info packs suspended
 

Same as they still do now. The buyer has to appoint a solicitor to make sure all the right questions are asked/answered. The HIP was supposed to contain all the information a potential buyer would need. But only a fool would accept a sellers survey without getting their own full structural etc.

So they used the energy mallarky to tell you what you already know. Fit energy saving bulbs, insulate cavities/loft etc. Bullpoo really

Re: Home info packs suspended
 

Rentboy ;)