The public are avoiding the home information pack which is causing a knock on effect of depressing the housing market. However you can legally avoid the home information pack and we will show you how.
A review carried out for the Government by Europe Economics, published yesterday, found that the home information packs had already deterred people from putting their houses up for sale.
Bottom line Home information packs are depressing the housing market, as speculative sellers, are not prepared to spend up to £700 on a sellers pack just to dip there toe in the water, this has led to a reduction of almost 1.5 million homes from the market.
First time buyers are now facing a mammoth struggle to even get on the property ladder.
If you were buying a really expensive second hand car would you accept the reports on the car from seller as fact. NO YOU WOULD NOT.
Which is why Solicitors are advising clients to to get there own property searches which defeats the purpose of the pack, its time it just went away.
Better still we can show you how to legally avoid the Home information pack..
However the Hips pack providers are still churning out there rambling spin. Take this idiot for example: Paul Broadhead, Deputy Director General, Association of Home Information Pack Providers (AHIPP).
“The latest HIP allegations from RICS appear to have disregarded the many benefits that the home information packs will offer first time buyers – the most vulnerable of buying groups.
With more information upfront and the costs incurred in gathering and providing information such as searches transferred to the seller, first time buyers will find their first step onto the housing ladder a more affordable and more informed one.
“What RICS appear to have forgotten is that first time buyers stand to benefit the most from the introduction of HIPs. With the vendor responsible for acquiring the HIP, costs will be eliminated and buyers will be able to make a more informed decision from the offset.”