Tuesday 9 February 2010

Research strikes blow to Conservative policy on home information packs

Home information Packs are not hampering the property market is the message that emerges loud and clear from the results of research conducted by national estate agents, Connells. Figures released show a 9% increase in the number of new valuations carried out on residential property in January 2010, compared to January 2009.


In fact this is the fifth time in a row that monthly valuations activity has exceeded that of the same month the year before. This news must come as a bitter blow to Grant Shapps policy stance on home information packs as it clearly undermines his repeated assertions of late that the cost of the HIP is deterring the home owner from taking steps to enter the property market. The argument with its origin in misguided political rhetoric has always lacked credibility and is now hopefully one that will finally be put to rest.


Is it not now time for the Conservative Party to admit defeat and begin to look at ways to impress the electorate with some positive and progressive policy?

1 comment:

  1. With reference to the cost of a HIP, it is not the real cost but the greedy Estate Agents ( not all) but those who put a tremendous "Mark up" on those supplied by genuine small HIP providers. If the present Government and all the associated bodies had got together in the first instant and discussed the way forward, we wouldn't be in the predicament we are today. A HIP can be a very important part of buying a home but in its present state it is the Homeowner who sells his property is losing out.

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