property uk real estate agents investments websites sell news features information map company services
 PROPERTY   DIRECTORY   AGENTS   INVESTMENT   SELL   SERVICES   NEWS   GUIDES   HOTSPOTS   FEATURES   MAP   COMPANY
Image 3 of Northern Ireland Image 4 of Northern Ireland Image 5 of Wales Image 6 of London Image 7 of London Image 1 of England Image 2 of England UK Flag property uk real estate agents investments websites sell news features information map company services
 REGISTER
Username:
 Password:  LOG IN
 Search:  GO
     
 

 Iron out housing bill problems first

 

Thursday, July 24, 2003


The home information pack, (HIP) is a key part of the draft Housing Bill, which aims to improve standards in private sector housing and the government hopes the pack will reduce the average time between agreement and completion of residential property sales.

Much resistance to the bill and in particular to the HIP has been voiced by estate agents and others in the industry who are worried that the housing market (and their businesses) will be adversely affected should the bill prove unworkable.

The intense lobbying has clearly made its mark on the Office of the Deputy Prime Minister Select Committee reporting on the draft bill. MPs on the committee said it was worrying that witnesses have highlighted so many potential problems with implementation of the home information pack and said they felt it had not been tested widely enough for professionals to feel confident about its effects.

Andrew Bennett, chairman of the committee, said while the draft bill contained some "good ideas" more work need was needed on the packs before it received a second reading.

The Council of Mortgage Lenders (CML) reported that it agrees with findings from the committee and said that it shares a number of outstanding concerns:

  • The Home Information Pack has not been adequately piloted.
  • The impact of HIPs on the market is unclear.
  • Will Home Inspectors have adequate professional indemnity insurance?
  • How will the pack work in low demand areas?

Others have outlined further potential problems to be addressed:

  • Will there be enough home inspectors to produce the packs by the time they become compulsory?
  • Will buyers be able to trust the home condition report?

Michael Coogan, CML Director General, commented:

"This report gets right to the heart of the areas that the Government urgently needs to address if HIPs are going to work.”

“The CML and others have been warning for some time how important it is to iron out these problems before rolling out the legislation. Hopefully, the Select Committee report will now encourage the Government to work through the problem areas before introducing the Housing Bill into Parliament."

 
 
     
     
 

 Get this news on your website !

If you have a website, whether it is a personal homepage or a fully fledged estate agent service, you can get our news headlines included on your site. Both these newsfeed services give you the option of having the full news content from TheMoveChannel.com - not just the articles that appear on country subdomains such as this one:

Premium service

For just £50 / month, you can now have your own customised news service on your website. With the XML-based service, articles actually appear on a page on your site, making this a sticky feature that won't result in your traffic leaving. You have control over the display format to show your choice of headlines, dates and short article introductions and can apply your own style sheet or control the display format with XSL sheets. Finally, you can also set your subject preferences so that your feed only displays articles which are relevant to your site audience.

 
     
     
 

 Top News Stories:

Brits abroad have 'no regrets’
6/19/2008 - Expats who’ve escaped to sunnier climes seemingly have no regrets about leaving the UK…


Canny FTBs remain ‘undeterred’
6/19/2008 - A new survey has revealed that FTBs are increasingly entering the new homes market with confidence...


Londoners love ‘laid-back’ Italy
6/18/2008 - A survey has revealed that Londoners see Italy as the most desirable place to buy property...


 
     
     
 

 Sponsored listings:

 
     
     
 

 Free E-zines:

Subscribe to our free regular email newsletters on the following subjects:

First name:

Surname:

E-mail:


Please select:

Daily headlines
Investment
Leaseback
Overseas
Weekly review
Other stuff


Click here for descriptions


 
     
 VISITORS   INVESTORS   OWNERS   DEVELOPERS   AGENTS   AFFILIATES   ADVERTISERS   PARTNERS   PRESS
worldwide
Worldwide
england
England
northern-ireland
Northern Ireland
scotland
Scotland
wales
Wales
london
London
spain
Spain
france
France
italy
Italy
usa
USA
Investment
Investment
Privacy policy   Terms of use   Support   Bookmark now!   uk index
TheMoveChannel.com is a protected Trademark.
Copyright © 2000 - 2008 On The Move Ltd. All rights reserved.