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Another stealth tax???
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Not keen. Beneficial, I guess, for first-time buyers and any others with no house to sell. As for sellers then it looks like you are being charged for getting your arrangements in order.
Rule #76: No excuses. Play like a champion. -
They have them in Denmark. Wish I'd read mine a bit closer and got the conversion from hectares to acres the right way round. Wanted a big garden, ended up buying a big farm (came with staff luckily).Insanity: repeating the same actions, but expecting different results.
threadeds website, and here's my blog.Comment
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It makes perfect sense - why should same procedures to be done about same house every time someone is interested, its not like house gets moved or something.Comment
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Originally posted by threadedThey have them in Denmark. Wish I'd read mine a bit closer and got the conversion from hectares to acres the right way round. Wanted a big garden, ended up buying a big farm (came with staff luckily).
Rule #76: No excuses. Play like a champion.Comment
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HIPs have the potential to be good for buyers, provided that the right and relevant info goes into them. Neighbourhood planning applications and environmental searches would be a good start. In my case they would certainly have flagged up at a much earlier stage of the process that a neighbour was building an extension (the seller knew this at offer stage, but he somehow had amnesia about this). HIPs should put pressure on sellers to be more open and honest. Yes, sellers will of course add the cost to their asking price, but everything can be haggled these days.
So I’m in favour of HIPs in principle, but I sincerely hope we don’t get a dumbed down final version."My God, it's huge!!"Comment
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Actually the only law that needs to be passed is the one that makes accepting a verbal offer binding.
Its just a joke how you can spend so much time in trying to buy a house only to have the owner turn around at a seconds notice to say they are selling to someone else.
Im also certain this has added to the bloat in house prices as well.
However, seeing this is England, it appears that anything that relates to a sensible law is in fact banned in this country!
MailmanComment
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Originally posted by AtWIt makes perfect sense - why should same procedures to be done about same house every time someone is interested, its not like house gets moved or something.
However, sellers or estate agents acting for vendors will be required to assemble lots of legal documents.
They could include a copy of the lease on leasehold properties, and evidence of ownership such as title deeds.
Sellers will also be obliged to have a "home condition" report, a type of structural survey.
New requirements such as an energy efficiency assessment may also be included.
Homes don't move but their conditions and energy efficiency will change. And what about all the land searches etc that the buyer currently purchases through his solicitor - presumably these will still be required. Seems to me that it's just a way of forcing people to have a survey - according to the radio earlier if you do not have a pack you will be fined £200 per day that your house is on the market without one. See, it's all in the fine print!Comment
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Originally posted by John GaltHomes don't move but their conditions and energy efficiency will change.Comment
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