| HIPS will save homebuyers money |
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| Monday, 29 May 2006 | |
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Home Information Packs (HIPs) will make property buying easier and quicker and save consumers money, according to a new Which? book. 'Buy, Sell and Move House' will explain to homeowners exactly how a HIP will work. HIPS are being introduced because more than 30 per cent of property transactions have been falling through, costing GBP 350 million a year in wasted money and with incalculable costs in terms of time and anxiety. More than two-fifths of these failures were the result of survey or valuation inspection reports that found fault with the property. At present, many buyers without a survey get a nasty shock when they discover their new property is in need of repair. WhichDiscuss this article on the forums. (0 posts) |
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