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Home Information Packs to be scrapped

Some good news for sellers with HIP being scrapped.
http://www.dailyexpress.co.uk/posts/view/176161

Will be on to my Solicitor soon as only got our HIP application form filled in yesterday, as we are in Scotland not sure if this HIp will be scrapped up here too. Thoughts?
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Comments

  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    from tfa:

    "The news will be greeted by widespread applause in the housing market – from estate agents to buyers and sellers."

    I don't think buyers have much to applaud here. It just means that certain showstoppers which you would spot from the HIP can be concealed for anothe 6 to 8 weeks. And for sellers who are buying too, it is a double edged sword, in that while they might applaud not having to provide a HIP for their own property, they risk losing their own sale if they find a problem with the house they are going to buy 8 weeks after offer rather than before making an offer.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • rfeenie
    rfeenie Posts: 124 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    My Solicitor has confirmed, we dont have HIP in Scotland we have 'Home Reports' two different things so we still have to pay.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    rfeenie wrote: »
    Some good news for sellers with HIP being scrapped.
    http://www.dailyexpress.co.uk/posts/view/176161

    Will be on to my Solicitor soon as only got our HIP application form filled in yesterday, as we are in Scotland not sure if this HIp will be scrapped up here too. Thoughts?

    If you're selling in Scotland, then you will be completing an instruction, and a property questionnaire for a HOME REPORT, not a HIP.

    The Govt is scrapping HIPs in England and Wales. The legislation for Home Reports was enacted by the Scottish Govt and will require separate legislation to be scrapped.
  • Hi, does anyone know if these have been suspended as of today - didnt catch the news in full as was rushing to get the kids ready for school! I have a HIP planned for today at 3.30pm and paid Tues the £299 + vat over the phone. If I can cancel it, I beleive I may get my money back as not signed for in present and have a cooling off period??? I have called estate agents but they know as much as me. I just need to find out some evidence that have been suspended as from today, or are planned to be suspended??? Any info woud be appreciated - I need to get house up for sale asap but could do with saving the £299 + vat if I can... Any help please, desperate !
  • BrixMorta wrote: »

    I have already paid for the HIP on Tues pm and are due to visit property this afternoon - really struggling as to what to do :( if I call them and cancel does anyone know for definate that I will get my money refunded? Sounds like from what I can read that will be a quick decision to abolish and that may only delay my house being on the market for a week or so. I'm willing to wait for a week/2 weeks but feel sick that already paid over my money....
  • BrixMorta
    BrixMorta Posts: 236 Forumite
    I suspect the person coming will be doing the EPC which you will need anyway. Sounds like the hip is in hand and too late to cancel.
  • Slinky
    Slinky Posts: 10,945 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Damn, we had ours done on Tuesday although as yet nothing received from the person who did it.
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  • BrixMorta wrote: »
    I suspect the person coming will be doing the EPC which you will need anyway. Sounds like the hip is in hand and too late to cancel.

    but wouldnt I be able to cancel under distance selling laws? i.e gave debit details over phone - dont you have a cooling off period? have the sky news on and scroll along bottom states "hip for homebuyers have been suspended" .... so I am assuming that is for immediate effect?
  • Slinky wrote: »
    Damn, we had ours done on Tuesday although as yet nothing received from the person who did it.

    bet you feel as sick as I do then... :(
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