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Posts Tagged ‘new instructions’

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RICS: house prices likely to slip later this year

July 13th, 2010 | Author:

In its June Housing Market Survey, the Royal Institution of Chartered Surveyors (RICS) reports that buyer enquiries fell for only the second time since the latter part of 2008.
At the same time, new instructions rose to their highest level for three years, weakening optimism over future house price growth as the average stock on estate [...]

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Post-HIP jump in homes for sale

June 24th, 2010 | Author:

Agency Express has reported a 13.6% increase in the number of homes put up for sale in May, compared with April, leaving prospective purchasers their best level of choice in over two years.
The firm’s managing director, Stephen Watson, comments: “The decision by the new coalition Government to immediately suspend the requirement to have a HIP [...]

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House prices hold their own as new instructions rally

June 15th, 2010 | Author:

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, [...]

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House sellers liberated by demise of HIPs

May 31st, 2010 | Author:

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% [...]

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HIPs suspended from 21st May 2010

May 20th, 2010 | Author:

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 [...]

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