Hip

[temi]

I have not bought or sold a property since HIP was introduced. I remember when it was still being discussed, credit crunch was not with us then.

Have you bought or sold a house recently, was HIP a blessing or a hindrance?

[Tony]

They are great for first time buyers especially as is reduces the costs for them as the information is provided by the seller.

Tony

[red]

The debate with HIPs continues. NAEA and RICS consistently oppose HIPs though have recently inadvertently accepted some aspects are good which came as a suprise.

Alot of the information is 'legal' documentation which means very little to the consumer though is valued in progressing a house sale. There is plans to add a questionnaire to the HIP which will provide practical reading which will be of interest to the home buyer.

HIPs are not perfect though you will see them change over time to become the 'finished' article. The concept is sound in my opinion and will evolve as most things do.

[Tony]

HIPs are a good idea but my feeling is that the Home Condition Report should not be optional. This is unlikely to change and I think the contents of the HIP are going to decrease further. The Energy Peformance Certificate is required under EU legislation and will have to stay. It will be interesting to see how this pans out...

[red]

Yes there does not seem like the HCR will return, even though there are so many assessors hoping and wishing it does.

The future of the HIP will be interesting for sure. If the conservatives win they have said they will scrap though my money is on them renaming, maybe a PIP property infromation pack