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Robyn Hall
Just Retirement is going on the road over the next few months. This seminar is in London.
Area Sales Manager - Financial Services - London
North London
Mortgage Consultant / Mortgage Adviser - Fulham
South London
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Industry in depth
HIPs have not affected the property market
8 February, 2010
New research from Connells shows a 9% increase in the number of new valuations carried out on residential property in January 2010, compared to January 2009.
This is the fifth time in a row that monthly valuations activity has exceeded that of the same month the year before. Such news, consistent with statistics being regularly released by other industries involved in home buying and selling, clearly negates claims that the property market is in any way adversely affected by Home Information Packs (HIPs).
Mike Ockenden, director general, AHIPP, commented: "Grant Shapps has consistently blamed HIPs for stifling the property market but as yet another set of statistics show, this simply isn't the case. In reality, HIPs have enabled buyers and sellers to complete on the purchase and sale of properties more quickly, with greater assurance and less stress and cost. Many of our members report that home sales complete routinely within 30 days when an 'exchange ready' HIP is used and it is about time that this message rather than political spin is put in the public domain.”
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