People selling three-bedroom homes in England and Wales must now use Home Information Packs (Hips).
People selling three-bedroom homes in England and Wales must now use Home Information Packs (Hips).
The controversial measure was first introduced for four-bedroom homes at the beginning of August.
The controversial measure was first introduced for four-bedroom homes at the beginning of August.
The packs, which include energy performance certificates (EPCs) for the homes, are designed to speed up the house buying process.
The packs, which include energy performance certificates (EPCs) for the homes, are designed to speed up the house buying process.
Hips have been opposed by estate agents and surveyors and do not contain a home condition report, as first suggested.
Hips have been opposed by estate agents and surveyors and do not contain a home condition report, as first suggested.
The purpose of the energy certificates is to grade houses and flats, rather in the fashion of fridges, to show how much energy they use and how much money might be saved with better insulation and different fittings such as more efficient boilers.
The purpose of the energy certificates is to grade houses and flats - rather in the fashion of fridges - to show how much energy they use and how much money might be saved with better insulation and different fittings such as more efficient boilers.
Slowdown?
The Royal Institution of Chartered Surveyors (Rics) claims that sellers of four-bedroom properties have been shunning the housing market.
PACKS WILL INCLUDE Evidence of titleCopies of planning, listed building or building regulations consentsA local searchGuarantees for any work on the propertyAn energy performance certificate
The number of properties requiring a Hip coming onto the market in August more than halved in certain areas across the country compared with the same month last year, the institution said.
"Our members are saying that compared with August 2006, instructions to sell four or more bedroom houses is down by about 60%," said Jeremy Leaf of Rics.
Whether or not this has been due to the advent of Hips was disputed by Tim Barton of estate agents Dreweatt-Neate.
"The market has been steady as it usually is during July and August and I don't think that the implementation of the Hips has made any significant difference," he said.
"Whether people want to move or not is determined by so many other more important factors," he added.
Supporters of Hips say that in the past month, their introduction has gone smoothly.
"Much to the despair of the anti-Hip lobby, here we are welcoming Hips for over 60% of housing stock," said Dominic Toller of the Hip provider LMS.
Controversy
Controversy
Since they were first proposed 10 years ago, the final introduction of Hips has been slow and tortuous.
Since they were first proposed 10 years ago, the final introduction of Hips has been slow and tortuous.
PACKS WILL INCLUDE Evidence of titleCopies of planning, listed building or building regulations consentsA local searchGuarantees for any work on the propertyAn energy performance certificate
It has involved various regional trials and the abandonment last year of the home condition report, once touted as its central feature.
It has involved various regional trials and the abandonment last year of the home condition report, once touted as its central feature.
There have been delays which have threatened the prospective livelihoods of people who trained to become either home condition inspectors or domestic energy assessors.
There have been delays which have threatened the prospective livelihoods of people who trained to become either home condition inspectors or domestic energy assessors.
Last month, the Law Society again told lawyers to warn their clients about Hips that contain personal searches of local authority information, rather than official searches provided by the local authorities themselves.
Last month, the Law Society again told lawyers to warn their clients about Hips that contain personal searches of local authority information, rather than official searches provided by the local authorities themselves.
It said personal searches, carried out by Hip providers or even house sellers themselves, carried a higher risk of containing erroneous information.
It said personal searches, carried out by Hip providers or even house sellers themselves, carried a higher risk of containing erroneous information.
However, supporters of Hips say that in the past month, their introduction has gone smoothly.
Have you had to use a Hip to sell your house recently? Will you now have to use one to sell a three bedroom property? Please send us your comments using the form below.
"Much to the despair of the anti-Hip lobby, here we are welcoming Hips for over 60% of housing stock," said Dominic Toller of the Hip provider LMS.
Meanwhile sellers of four-bedroom properties have been shunning the house sales market, according to the Royal Institution of Chartered Surveyors (Rics).
The number of properties requiring a Hip coming onto the market in August more than halved in certain areas across the country compared with the same month last year, the institution said.
A total of 53% of respondents to its survey indicated a decrease in four bedroom, or larger properties, coming onto the market, with only 5% of Rics respondents indicating an increase.
Respondents to the Rics survey who recorded a fall in homes on the market found on average that new instructions fell by 51%.Have you had to use a HIP to sell your house recently? Will you now have to use one to sell a three bedroom property? Please send us your comments using the form below.
