Wednesday, July 27, 2005

Dry run for Home Inspection Packs next year

Plans to force homeowners to provide detailed information about their homes to potential buyers came a step closer yesterday, as the government outlined plans for a "dry run" for the scheme next year.
Home information packs (Hips), previously referred to as "sellers' packs", are designed to give buyers upfront information on a property before they put in an offer.
Rules to make the provision of the packs compulsory in England and Wales are scheduled to come into force in early 2007.

Speculation about house prices

Britain's biggest mortgage lender, the Halifax, yesterday repeated that house prices will fall by 2pc this year, while Morgan Stanley, the investment bank, said they would drop by 5pc.
Suffolk house prices are remaining steady but buyers are cautious with there offers.

Tuesday, July 12, 2005

Home Inspection packs get nearer

With first day marketing still to be resolved, home inspection packs will come into force on 1st January 2007.
The goverment have delayed a reading until the Autumn, but it seem inevitable that they will go ahead.