Ok so the title is not very original, but it's true. First of all I read with amusement on the BBC News site that HIPs (Home Information Packs) have basically been stopped by a Judge's ruling.
Ruth Kelly, Communities Secretary announced yesterday to MPs that the packs would be delayed for two months whilst more assessors were being trained. Apparently of the 2000 that are required, only 520 are fully trained. opps!
Then this morning I find out that in fact only houses with four bedrooms or more will have to have the packs initially.....err that would be after the two month delay then :-) Because the number of assessors will still not be up to the figure required.
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Property investments blog focused on rental investments, landlords responsibilities and looking at the legislative process surrounding investing in property in the UK. See anything not mentioned on this blog to do with property? Please comment and I'll get right on it.
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- Dave Swain
- As an aspiring property investor myself I have had many dealings with the inner workings of this industry. From dealing with property lawyers, estate agents, and so called property experts. I apologise to those who think I may sound a little sceptical.... I am. What can they know about property investment that I can't learn? I can talk to you about yields and which parts of the country are most successful for investing. I can also spot trends when areas are going to crash, or the rental income will increase in an area.
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