To help boost the housing market, the Conservatives are...
30 September, 2008 | Web design
To help boost the housing market the conservatives are urging ministers to suspend HIPs, the packs which are compulsory in England and Wales were designed to stop sales falling through.First time buyers are also receiving the information in the HIP for free, helping to reduce costs for households looking to get to the property ladder, also helping families cut fuel bills and carbon emissions, reduced the cost of property searches and made the house-buying process more transparent.
Although the Tories feel that the packs are stopping people from switching estate agents, deterring speculative sellers and reducing sales.
Housing spokesman Grant Shapps said "If Gorden Brown genuinely wanted to help the beleaguered housing market, he would use his powers to suspend this harmful regulation and save homebuyers money."
The government said it had no plans to suspend Hips and said global pressures were behind problems with the market, measures aimed at boosting the housing market to head off an increase in property repossessions, was formed last week amongst them a 12 - month stamp duty holiday for properties costing £175,000 or less.
The government said it had no plans to suspend Hips and said global pressures were behind problems with the market.