HIP could be axed! About time.

EliteHeat

It would be retrograde step if the HIP requirements were abolished in my opinion. Any legislation that sweeps aside an army of qualified and experienced practitioners in a knee-jerk response to public opinion is surely short sighted and naive.

Plus, there is the human cost to consider. How likely is it that all of the HIP inspectors can resume their previous careers at Tesco?

But on the other hand though, it's looking good for anyone hoping to pick up cheap expanding ladders and virtually brand new clipboards on eBay.

Now I don't know what to think

david29dpo

The HIP could have been good but as usual the government c**ked it up. Dont forget it was the lenders who caused most of the problems.

Mistymaid

I don't know what the English HIP pack contains really, but here in Scotland it consists of a single survey (condition of home, valuation and accessibility audits, energy report and a property questionaire.

Sorry about this, my bracket key is sticking!

Anyhoo, the property questionaire is completed by the owner anyway. Also I was told by somebody who recently had one done that there was a disclaimer on the survey saying the surveyor was not responsible for its contents!!??? and then you have the energy report.

Building societies have no need, as I understand it, to take into consideration the survey and usually require another one doing for the purchaser to obtain a mortgage and I think I'm probably right in assuming that most disabled people can tell when they go and visit a property what the access issues are like, and the valuation is what they term 'generic.' Read into that what you will.

Most sellers I know have found the document to be useless and buyers simply aren't interested and as somebody else said it's a contractual thing so they have to get their own anyway.

The sum I was quoted the other day for having my 65k house HIPPED - £510 plus travel time plus travel expenses. Rough guesstimate it will probably come in at around £700.

Bargain.

hostman

Mistymaid wrote: »

I don't know what the English HIP pack contains really, but here in Scotland it consists of a single survey (condition of home, valuation and accessibility audits, energy report and a property questionaire.

Sorry about this, my bracket key is sticking!

Anyhoo, the property questionaire is completed by the owner anyway. Also I was told by somebody who recently had one done that there was a disclaimer on the survey saying the surveyor was not responsible for its contents!!??? and then you have the energy report.

Building societies have no need, as I understand it, to take into consideration the survey and usually require another one doing for the purchaser to obtain a mortgage and I think I'm probably right in assuming that most disabled people can tell when they go and visit a property what the access issues are like, and the valuation is what they term 'generic.' Read into that what you will.

Most sellers I know have found the document to be useless and buyers simply aren't interested and as somebody else said it's a contractual thing so they have to get their own anyway.

The sum I was quoted the other day for having my 65k house HIPPED - £510 plus travel time plus travel expenses. Rough guesstimate it will probably come in at around £700.

Bargain.

Then you're being ripped off. Our HIP for our £128.5k house (price it sold at) this year was just over £300.

Mistymaid

Yep, I agree, but since all the local surveyors are in the same ball park ...

Same report in Edinburgh would cost me £300 all in. I checked.

beccad

EliteHeat wrote: »

Plus, there is the human cost to consider. How likely is it that all of the HIP inspectors can resume their previous careers at Tesco?

Slightly unfair perhaps - I know a few people who've retrained as HIP inspectors - previously a teacher, charity worker, accountant, and a couple of stay-at-home mothers who wanted a career to fit around kids.

GarryJ68

simytrader wrote: »

I'll be glad to see the back of this useless piece of red tape.

www . ftadviser.com/FTAdviser/Mortgages/News/article/20091006/7b6ff01a-b27c-11de-b38a-00144f2af8e8/TORY-CONFERENCE-HIPs-would-be-axed-under-Conservatives.jsp

Hope so - its a joke.... if it included the survey it could have worked

Catherine_Johnson_2

beccad wrote: »

Slightly unfair perhaps - I know a few people who've retrained as HIP inspectors - previously a teacher, charity worker, accountant, and a couple of stay-at-home mothers who wanted a career to fit around kids.

Are you saying that a trained, qualified Accountant gave it up to become a HIPS inspector? Sounds a little unlikely.

54druids

Mistymaid wrote: »

I don't know what the English HIP pack contains really, but here in Scotland it consists of a single survey (condition of home, valuation and accessibility audits, energy report and a property questionaire.

Sorry about this, my bracket key is sticking!

Anyhoo, the property questionaire is completed by the owner anyway. Also I was told by somebody who recently had one done that there was a disclaimer on the survey saying the surveyor was not responsible for its contents!!??? and then you have the energy report.

Building societies have no need, as I understand it, to take into consideration the survey and usually require another one doing for the purchaser to obtain a mortgage and I think I'm probably right in assuming that most disabled people can tell when they go and visit a property what the access issues are like, and the valuation is what they term 'generic.' Read into that what you will.

Most sellers I know have found the document to be useless and buyers simply aren't interested and as somebody else said it's a contractual thing so they have to get their own anyway.

The sum I was quoted the other day for having my 65k house HIPPED - £510 plus travel time plus travel expenses. Rough guesstimate it will probably come in at around £700.

Bargain.

TOTALLY AGREE! I think they are a complete and utter waste of time. I paid £600 for mine in Scotland (house is only 4 years old) and my purchaser's bank has commissioned another valuation report despite my surveyors being on their approved list. I should add that this is happening 3 weeks before date of entry so if the valuation differs from the HIP, alot of other money will have been wasted. I feel so incensed about the whole scheme that after I have moved (hopefully) and recovered from the stress, I will most definitely be putting pen to paper or at the very least fingertips to keyboard.