We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Hips Delayed Til 1 August

245

Comments

  • sortofok
    sortofok Posts: 515 Forumite
    Forget about the shoddy planning and implementation. That's for another debate. Everyone would have just muddled through.

    The problem is this :

    They (RICS and Government) are looking for anything they can to cover up this charade that they have contributed to.
    i.e. HPI is good. HPC is bad.

    No HIP no HPC

    All they are doing is trying to delay the inevitable and looking for scapegoats.

    They know the game is up.

    And so do I
    Whenthemusicstopsmakesureyou'renotleftstanding
  • benood
    benood Posts: 1,398 Forumite
    I wrote to Yvette Cooper seeking reassurance. The reply I received is frankly patronizing, arrogant and dismissive and doesn't address any of the issues I raised
    justaquickie.

    Go on give us a laugh and post her reply on here.
  • sortofok
    sortofok Posts: 515 Forumite
    Well said dannyboy
    Whenthemusicstopsmakesureyou'renotleftstanding
  • hotuk
    hotuk Posts: 94 Forumite
    Does this mean we have now until 1st of August to have the property on to the market to avoid HIP?
    And is it 6 months from 1st August if you do not sell then you have to have the HIP pack? so would have to get the HIP done in February


    Thanks
  • nej
    nej Posts: 1,526 Forumite
    At first I was relieved as I don't have to rush my house on to the market by next week... then I was annoyed, as our house is a 4-bed (3 plus a loft conversion), but not a "large house" as defined by wotsername, the MP bird.

    Still, gives us a bit of breathing space.

    Now I have to decide if one of the rooms is in fact a Study/Play-room/Music Studio/Dressing Room/Upstairs reception room/Photography dark-room/Closet/Larder or Gymnasium.
  • courtjester
    courtjester Posts: 758 Forumite
    hotuk wrote: »
    Does this mean we have now until 1st of August to have the property on to the market to avoid HIP?
    And is it 6 months from 1st August if you do not sell then you have to have the HIP pack? so would have to get the HIP done in February

    Depends on what Ruth Kelly drafts as changes to the existing regulations. I wouldn't bet that the grace period will be put back, this might still be set at 1 January 2008 (4 months), but only for 4 bedroom houses until they get more energy inspectors trained... or until this government change direction again which is occuring roughly once per week on current reckoning :rolleyes:
  • stiffnuts69
    stiffnuts69 Posts: 442 Forumite
    sortofok wrote: »
    Our lying, thieving government have been bought off by the RICS and other lobby groups and vested intersts in the housing market.

    They were convinced that HIPS would kill the golden goose. You see people who have made 20, 50, 100, whatever grand for doing nothing but buy a house a few years ago would not part with £400. Oh no that's extortionate and will cause a crash in prices. And we can't have that.

    Forgetting for a moment that these people would save the money at the other end, Do you honestly believe this would cause a crash?

    Do you honestly believe the government?

    Unfortunately they cannot see beyond the next 3 months let alone plan for a generation.

    And besides none of their policies would make a blind bit of difference.

    The crash will come when more and more young professional people are denied the opportunity of home ownership. (soon)
    The crash will come when banks stop lending ridiculous amounts of money for average properties. (soon)
    The crash will come when people's extrvagant debt-ridden lifestyle comes tumbling down. (soon)
    The crash will come soon
    .
    :T :T :T

    Hit the nail well and truely on the head its already started but you will see the true effects in about 2009.

    Im not talking about house price crash rubbish thing. What you have said which I have highlighted in bold is so very true. We are entering new era of economical and political instability. The true effects wont show till about 2009.
  • meanmachine_2
    meanmachine_2 Posts: 2,624 Forumite
    Part of the Furniture Combo Breaker
    This is the worst possible outcome for the market.

    Now sellers don't know what to do - or what might be around the corner.

    I suspect there'll still be increased supply as sellers fear some kind of fuzzy deadline in the near future.

    I do think, post-June, though, there would have been a massive supply shortage - especially with just 500 inspectors trained up!
  • tdibaja
    tdibaja Posts: 4 Newbie
    I doubt the effect's going to be long-lived, whatever happens. The cost of HIPs can't be the issue, just add it on... the added hassle is another thing altogether.

    Selling a property's not as quick a decision as, say, selling a car. Whatever the deadline, people are going to have a lot of other "usual" reasons for either selling or not selling.

    Having said all that, I think the HIPs are an awful idea, and definitely won't be helping the buying & selling process.



    Insert by board guie no links in signatures please
  • withabix
    withabix Posts: 9,508 Forumite
    Yet more egg on face for Tony the Liar and his puppet Gordon the Thief.

    HIPs won't get extended, as Tony's Cronies won't be in government for long enough.
    British Ex-pat in British Columbia!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.