Monday 23 November 2009

HIPS – when will the politics stop?

I feel sorry for anyone dealing in HIPs. The idea is sound, have as much information as possible about a home before you make an offer, this way less sales are likely to fall through after the offer stage. But, even before they were introduced, the Royal Institute of Chartered Surveyors (RICS) mounted a legal objection, which was overcome. Now there is a major battle on with the Conservatives determined to scrap them if they come into power. Not only have they become a political football between Labour and Conservatives, they are also a dividing the property 'industry experts'.

Read on to find out what current HIPs arguments are raging ...

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