Tel: 01208 872689
Controversial packs rolled out to all properties
The Home information Packs have finaly been made compulsory for all homes. The government have announced that from December 14th all property owners will need to offer prospective buyers the pack which will include legal documents and an energy efficiency rating certificate.
The Government and the HIP service providers have said the packs will aid a speedier buying and selling process and enable those with a low energy rating of F or G to apply for a grant to improve their homes's energy effieciency. The cost of the packs is currently around £330-£350 and they take on average seven to ten days to produce. Critics of the packs say they are too expensive and not helping an already flat property market. The Royal Institute of Surveyors is unconvinced the packs will not have a negative effect on the market. A spokesman said that it believes that the HIP's may have led to the dissapearance of a large proportion of an estimated 20 per cent of speculative sellers.
The information contained within these news articles may include reference to taxation, legislation, regulation and other issues or concerns that may no longer apply.
Your property may be repossessed if you do not keep up repayments on your mortgage.
For more information on how we are paid for mortgages please click here.Grovelawn Financial Services, 1C Restormel Industrial Estate, Liddicoat Road, Lostwithial PL22 0HD — T: 01208 872689
Grovelawn Financial Services is a trading style of Grovelawn Limited
Grovelawn Limited is Registered in England & Wales number 5030300. Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY.
Consumer Credit Licence Number: 573287