Grant Shapps cuts HIP red tape and reveals … err… ??

The Conservative HIP policy is being criticised by a number of industry professionals at present and quite ironically from both Pro-HIP and Anti-HIP supporters. The common ground which is uniting these two groups is ambiguity, uncertainty and lack of clarity from Mr Grant Shapps on his intentions and implementation plans if they were to win the next election.

With the current lack of detail that has been given by Mr Shapps, Anti-HIP supporters have acknowledged that chaos in the property market may follow if they were to win the next election and have suggested immediate suspension of the HIP policy if they were to win. The immediate suspension does not appear as if it would be legally possible and would be more complex than they would like.  Therefore, this raises questions including exactly how the present Conservative HIP policy will be managed as not to damage the current property market recovery.

The good news is Mr Shapps’s office has contacted us to clarify some points and offered to directly answer our questions posed in a recent article Conservative Home Information Pack policy to stall property market?. We also took the opportunity to ask a few additional questions which Grant Shapps’s office have very kindly indicated that they will answer. Of course, we will provide you with an update as soon as we receive the responses.

This week, Mr Shapps acknowledged the second anniversary of almost all domestic properties requiring a HIP (see HIP exclusions) to be legally marketed by wrapping a ‘semi’ in red tape. This was meant to signify the Home Information Pack legislation which details the requirement for upfront information to be provided about your property when you intend to market your property for sale.

Grant Shapps cuts red tapeThis milestone for the Home Information Pack could have been marked by explaining to the industry and the wider public, the Conservatives’ detailed intentions on their possible ‘Scrapping the Home Information Pack policy’ if they were to win the next election.  Unfortunately, this opportunity was lost and instead replaced with quite an amusing publicity stunt. However, we are told the house did look incredibly festive and Christmassy and certainly raised a smile here.

Can we expect that the red ribbon is soon to be cut into sections and sold on eBay and/or be used as vouchers towards discounted estate agency fees from SPLINTA members?

Apparently, Grant released the owners of the property David and Helen Wright, from their HIP turmoil with one sharp cut of his shears.  It is written in the stars that Mr and Mrs Wright sold their house due to the publicity soon after and lived happily ever after. Oh, no they didn’t, oh yes they did.

With all the current Christmas cheer, amusement and political posturing we were nearly diverted from the actual issue at hand and the burning questions many are still searching for actual answers to. Hopefully, Mr Grant Shapps will be able to cut through our questions with some detailed answers with his upcoming response.

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6 Responses to “Grant Shapps cuts HIP red tape and reveals … err… ??”

  1. It will be interesting to read Grant shapps responses definately. I am no great lover of HIPs but am afraid that when they are scrapped or modified it is going to have a detrimental affect on my business. We are still only selling half the number of properties per month we would normally, if normal still exists.

    I would agree it is now wearing a bit thin, the same old lines, conservatives will scrap etc, people are now seeing the issues that this presents. I would of liked a different system but dont want HIPs being removed bringing my agency to an end.

  2. Hantzel and Gretal Says:

    HIPs are a waste of space, nevermind the bigger picture they need to be scrapped. We had a HIP on our house, nowhere did it say it was made of gingerbread, can you believe it.

  3. Lets hope Grant Shapps stays in housing and doesnt move to health or something. What would he do, remove food labelling,get rid of health and safety advice on products.

    What is his problem with upfront information being provided about the most expensive purchase of our lives. Just because something is not perfect is no reason to kill it. But then again, what are there thoughts on fox hunting.

  4. Simon Bradbury Says:

    I am an estate agent and have been working with HIPS for a long time now.It is wrong to pretend that the Conservatives are unclear as to what will happen should they be elected.They will scrap HIPS (within a hundred days)and replace it with nothing,unless the industry wants to come up with an alternative itself.That seems clear ,fair and sensible to me!

  5. Simon are you really serious that you think our industry will self regulate or that the Law Society will make the buying or selling easier.

    Now tell me, if it is true that HIPs are preventing people coming to the market what is going to happen when we say yes you can pay for a HIP now or wait 2 mths until the election as they will be scrapped.

    Mark my words, many agents businesses will get scrapped at the same time as HIPs.

  6. Look guys Mr Shapps has a great catch phrase which seems to work for him ‘we will scrap HIPs’ nevermind the detail as you will only find this out if they win the election.

    Bruce Forsyth will change his catch phrases before you are given information on their true intentions.

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