Home Information Packs – alternative viewpoint
Posted by markharrison on November 23, 2007
And yet another angle on Home Information Packs, again prompted by my article on Monday.
I’ve had some feedback from an estate agent (who wished to remain anonymous).
In his experience, HIPs are, rather than making the process quicker, significantly slowing down the marketing and sales process. He explains:
There’s a transitional rule, whereby as long as we’ve applied for a HIP, we can start marketing the property. The trouble is with water surveys. Vendors used only to need them in order to exchange, so after a sale was agreed. Now they’re needed for the HIP, we’re having to order them on every property we put on the market, whether it’s withdrawn or not. Because of this, [the local water company] have a backlog of several months, and nothing’s completing.
From his point of view, it’s only going to get worse:
If this continues into the new year, when we’re not going to be allowed to market until the HIP report has been completed, we’re going to be in trouble. Can you imagine someone coming in and putting their property on the market, and discovering that 6 weeks later, we haven’t yet been able to start. They’re going to blame us, or our choice of HIP provider, even though everyone’s in the same boat because of [Water Company]