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Old 20-05-10, 10:14 AM   #1
Ed
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Default 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
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Old 20-05-10, 10:41 AM   #2
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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! ), 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!)
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Old 20-05-10, 10:45 AM   #3
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common sense in our government....who'd have thought it possible.
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Old 20-05-10, 10:46 AM   #4
Ed
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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.
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Old 20-05-10, 10:48 AM   #5
yorkie_chris
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Default Re: Home info packs suspended

Shame about their employees but it was tantamount to extortion...
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Old 20-05-10, 10:49 AM   #6
BigBaddad
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Quote:
Originally Posted by Ed View Post
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.
What did they do before HIP's. More people out of pocket with them than without.
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Old 20-05-10, 10:54 AM   #7
gettin2dizzy
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Bah, all you bleedin' homo-wners.

Less paperwork = better. Always.
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Old 20-05-10, 10:58 AM   #8
Ed
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Quote:
Originally Posted by gettin2dizzy View Post
Bah, all you bleedin' homo-wners.

Less paperwork = better. Always.
I ain't a home owner no more. I've decided I like renting
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Old 20-05-10, 11:03 AM   #9
timwilky
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Quote:
Originally Posted by BigBaddad View Post
What did they do before HIP's. More people out of pocket with them than without.
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
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Old 20-05-10, 11:07 AM   #10
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Quote:
Originally Posted by Ed View Post
I ain't a home owner no more. I've decided I like renting
Rentboy
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