Connells Survey & Valuation has reported a surge as seller confidence in June, the first clear month in which Home Information Packs have been abolished.
The nationwide property valuation service saw a 20% rise in valuations, compared with a year earlier, taking volumes in the second quarter of 2010 up 13% on the same period of [...]
The Royal Institution of Chartered Surveyors (RICS) has reported a rise in stock levels on estate agents’ books, following last month’s abolition of Home Information Packs.
In May 21% more RICS members reported a rise, rather than a fall, in new instructions, up from 11% in April.
In addition, 22% more chartered surveyors reported a rise, [...]
House prices dipped by 0.4% in May, following a 0.1% decline in April, Halifax has reported.
However, taking an average of the latest three months, the value of the typical home increased 6.9% on the same period of 2009, reflecting the biggest annual rate of change since October 2007 (8.9%).
Prices are therefore 8.3% above their [...]
The Government’s decision to scrap Home Information Packs (HIPs) has resulted in a surge of new instructions.
The UK’s biggest estate agency has reported that the number of homes being put up for sale has risen by a third since 20th May, when ministers called time on the packs.
According to Countrywide, new instructions are up 68% [...]
Home Information Packs (HIPs) will no longer be required for house sellers from tomorrow, 21st May 2010.
The costly packs were introduced in 2007 in England and Wales, despite strong opposition from the Royal Institution of Chartered Surveyors (RICS) and National Association of Estate Agents.
A final good-bye to the HIP involves legislative changes and the immediate [...]
As the new Coalition Government gets underway, it has been revealed that Child Trust Funds (CTFs) will be reviewed and while full details are not yet clear, it is believed that payments will only be made to families with household incomes of less than £16,000 a year.
CTFs were introduced in 2005 and have been [...]