The home information pack, offers no value to home sellers, and home buyers receive nothing of any use in the pack itself.
- The pack costs around £700 which is then added to the price of the home.
- Local searches in the pack are mostly not acceptable to the buyers lenders, and will be rather lacking in detail.
- Then we come to the energy certificate “well buyer beware”
Quite frankly home buyers will save £700 by buying a home without a HIP in place.
Home sellers can legally avoid HIPs and those ridiculous Energy performace certificates, by calling bedrooms -Rooms.
So a 4 bedroom home becomes a “4 ROOM HOME”
This applies on all property sizes.
The government is just pursuing its usual policy of never abandoning anything until they’ve got a few more Labour-voting bureaucrats on the payroll.
By: Neal Asher on August 1, 2007
at 12:01 pm
What a waste of £700. Many home sellers are skint anyway after renovating their homes. This is the last thing they need.
By: Home Info Packs Suck on August 4, 2007
at 12:56 am