AA Legal Services disappointed over decision to delay HIPs
James Molloy, Head of AA Legal Services comments: “I am disappointed and concerned that the government has decided to delay the introduction of HIPs. There will be many losers because of this – both sellers who feel they have been rushed into selling to avoid the cost of HIPs, and those who have trained as inspectors and were expecting to start work on June 1st.“AA Legal Services has been in full support of the principle of Home Information Packs as a way of giving power back to homebuyers. They will help solve some of the more frustrating aspects of the housing market, such as speculative house marketing for the purpose of valuation, and the environmental report will become a key driver in making homes greener.
“Moving home is the biggest one off investment people will make and it is important to take the right steps to ensure that this investment is protected and properly represented.
“We would like to urge purchasers in the meantime, to make sure they get full surveys carried out on their prospective property which could highlight potentially crippling risks such as subsidence or dry or wet rot.”
Ten things a structural survey will reveal
Development plans in the area which may affect property value
Geology beneath the house that could reveal subsidence risk
Ground contamination and previous industrial activity (such as mining)
All minor and major structural defects, movement of the property, their implications and the cost of repair.
Dampness and integrity of damp-proof course
Evidence of dry rot, woodworm (or other insect infestation) and other damage to timber work such as floor and roof joists
Roof and wall insulation
Drainage problems such as root damage or hidden leaks
Details of the materials used in the construction of the property and their condition – such as flat roofs, rendering; structural timber, chimney pointing etcTechnical information such as condition of wiring, water pipes, heating and gas and security