CPS Homes

HIPs Make Breakfast News

On 22nd April, BBC Breakfast held a debate about the implementation of Home Information Packs (HIPs). The Housing Minister Yvette Cooper, Rightmove"s Managing Director Paul Creffield and various other industry spokespeople were interviewed including a home-mover whose house purchase almost fell through.

The feature was a rounded debate on HIPs with discussions on both the positives and problems in the current home moving process and which aspects of it HIPs will assist.

One of the questions posed was that HIPs are expensive and will make moving house more costly. In defence, it was explained that the costs of the production of the packs is money that is spent in the current house moving process on such things as surveys, searches and legal disbursements. HIPs will simply redistribute the costs from the buyer to the seller.

HIPs will be made compulsory from 1st June 2007. If you are thinking about selline, why not beat the deadline? We offer a free valuation service and competitive fees. Call our Sales Office on 029 2045 4555 for friendly, helpful advice.

16 May 2006

The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.

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