First sellers pack in Administration

First Sellers pack has gone bust 

First Sellers Pack, which suffered a cash shortfall of £600,000 and has now gone into administration.

Although Hips have now gone live, Stephen Maskens, ex-chief executive of Hipstar, which lost £500,000 as a result of the delay, says that income for most Hip companies is still depressed.

Four-bedroom properties represent only around one- fifth of the total housing stock, and inspectors are therefore only able to carry out assessments on a fraction of the possible market.

You can avoid hips and that ridiculous Energy performance certificate, quite easily on all home sizes by calling your “bedrooms” rooms simple really.

Hips pack providers “do not be conned”

HIPS are not required if you sell you home as having ROOMS upstairs, simple really. 

However the HIP pack providers come out with such nonsense, to try and ram a pack down your throat.

Take a look at this ABSOLUTE RUBBISH, from the association of home information pack providers [AHIPP] or the village idiots for short.

• Owners of four bedroom properties will re-brand their homes as ‘three bedroom and a study’ – contrary to Tory propaganda the likelihood of a consumer opting to re-brand their four bedroom home as a three bed is unrealistic and impractical and it would take an irresponsible agent to suggest this.

• FACT: Their is no legal definition of a bedroom, Market as 4 rooms plus upstairs you are HIPS free. see Bedroom definition.

• A four bedroom home commands a much higher price than a three bedroom property and sellers are not going to be willing to knock thousands of pounds off the price of their home, simply to save themselves the estimated £300 to £400 [more like £700] that it will cost them to acquire a HIP – a pack that will actually aid the sale of their home.

• More nonsense, a HIPs pack is a £700 liability, and not an aid to selling your home. Home buyers will still need the actual local searches, so they save nothing and the house price goes up £700 to pay for the HIP.

3 BEDROOM PLUS STUDY IS NOT A 3 BEDROOM HOME 

• In addition, a large number of house hunters commence their search for a new home online. With the majority of property searches asking for a prospective buyer to refine their search by number of bedrooms – those re-branding their homes as three bedroom will be severely limiting their exposure to potential buyers.

 Nonsense. Buyers look for LOCATION LOCATION LOCATION and don’t rely on the Internet.

• ‘Fudging the date’ when the house went on the market – HIPs will help to improve the house buying and selling process and will provide buyers with upfront information on the property from the offset.

Nonsense again HIPS provide nothing to buyers  the pack is just a waste a paper, most of the searches in the pack are not accepted by building society’s and banks and as always its BUYER BEWARE.

• Sellers will risk paying the £200 fine rather than paying for a HIP – this is a fact that has continually been mis-reported. The £200 fine for not acquiring a HIP is a repeatable fine and not a one off penalty.

• Nonsense again the seller does not have to comply with Trading standards if “they have a reasonable excuse for not doing so”.  See trading standards on HIPS

Here is an organization spouting absolute nonsense, and they want the public to trust them….

Mike Ockenden, Director General, AHIPP concludes: “HIP are finally here and should be welcomed by consumers, environmentalists and industry alike.

Sell your home now “Avoid Hips and the EPC until 2008”

With those useless HIPs packs, stated in the Lords as “home information packs are a con” coming in on 1st August. For 4 bedroom and larger properties.

Put your home on the market now and be HIPs free till march 2008.

There is one thing the Great British Public are good at, and that is not paying for something they do not want. We can show you how to be hips free on any size of home.

Originally the Government had stated that, if your property was already on the market at the time Hips were introduced, you would not need to get a Hip until March 31, 2008.

You can of course be permanently HIPs free by calling you bedrooms Rooms. Therefore  you will have 2 rooms 3 rooms 4 rooms all with no drop in property price.

Internet sales portals are changing they way they list properties, shortly it will be the number of “rooms upstairs” not bedrooms