Coalition Gives The Hip The Shove-outsourced

The new Lib Dem Conservative government has promised the removal of the controversial packs known as HIPS

. One property expert as gone as far as to say that the housing market will suffer if the new coalition government do not stick to their promise.

But the removal of the HIP requirement could be as equally devastating as if it remained. It would effectively make hundreds of providers become redundant virtually overnight.

In their coalition agreement, the two political parties had agreed to get rid of the HIPs which allow purchasers to find out information about the property that is for sale. The new coalition government proposes that home owners only need to keep their energy performance certificates.

However, the coalition government have not since the agreement, made it clear that it is a priority at the moment. In the meantime, those people who are wishing to sell their home could be left in limbo at the moment, warn some property solicitors.

"The government must act quickly to scrap HIPs, as a delay may cause homeowners considering selling to wait before putting their homes on the market," they said.

"A reduction in the supply of homes for sale at this crucial stage in the housing market recovery would harm the revival."

The introduction of the HIPs scheme in December of 2007 was done so based on the idea that this would make property easier to sell and speed up the process. However, it seems to have achieved the opposite effect.

Many people complain that they are too expensive, only generate more

HIPs do seem to add little to the conveyancing process.

"Sellers see them as an annoyance, buyers don't ask to see them and solicitors often refuse to rely on the information they contain.

The removal of the HIPs agreement will mean that hundreds of inspectors will find themselves without a job overnight. A large number have even invested their own money into the scheme so as to pay for their training and costs. An even greater number are self employed and so can not expect any sort of redundancy package to cushion the blow.

The industry itself is annoyed that the last government did not follow the appropriate consultation to establish that the HIP service was necessary and sustainable. But it seems that it will be the industry itself that will bear the brunt of this assault.

by: Antonia Torr

POST COMMENT

Korean Standoff Outsourced It Outsourcing: Facing The Challenges Outsourcing Backlinks - Time Well Spent Reasons Why You Need to Outsource Your Payroll Is Outsourcing of Payroll Helpful? Benefits Of Call Center Outsourcing India may face heat on outsourcing; CTBT, climate on back burner Utilise a Chemical Toll Manufacturer as Your Single Point of Access when Outsourcing Your Chemical Needs Finding the Right Chemical Manufacturing Companies for Outsource Work Tips for UK Chemicals Outsourcing Offshore Outsourcing Picking Up After Recession Desert Camp - Outsourced Outsource your SEO works