Hips `not trusted` says National Homebuyers

Released on = July 11, 2007, 12:41 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = Half of all homebuyers say they wouldn\'t trust the contents
of a Home Information Pack (Hip), according to new research, marking yet another
setback for the government-backed initiative.

Press Release Body = A survey conducted by Saga Group found that almost 50 per cent
of consumers opposed the introduction of Hips, and that three quarters would
consider lying in order to deliver a more impressive pack to the prospective buyer.

\"We have been all too aware of the trials and tribulations concerning the
introduction of Hips,\" commented Andrew Goodsell, chief executive of Saga Group.

\"We are absolutely supportive of any measures aimed at simplifying and speeding up
the home-buying process but it\'s clear that the general public still need
convincing.\"

Respondents to a survey said that Hips were unnecessary and provided added costs and
inconvenience to the seller.

Hips are expected to cost sellers an extra £400 to £700 when they are launched on
August 1st.

The report shows the confusion and lack of clarity from government over the Hips
requirement, says National Homebuyers.

Director Julian King says, \"Prior to the original June 1st deadline, we were
inundated with vendors who wanted to sell their property without having to shell-out
for a Hips pack.

National Homebuyers are the UK\'s leading fast purchase property firm, guaranteeing a
quick sale for any homeowner in the UK, regardless of their reason for sale or
condition of their property. Additionally National Homebuyers does not require a
Hips pack in place.

\"Essentially, we are private buyers, so homeowners looking to avoid the Hips
regulation from August 1st should contact us for an immediate sale of their
property,\" says King.

Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
0870 979 8118
Fax: 01444 257333
info@nationalhomebuyers.co.uk

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