Is it me or does it feel like we've been here before? Yesterday and within a couple of weeks of the starter's gun, the Government decided to delay the mandatory implementation of Home Infomation Packs by two months and that they would be rolled out in a more controled fashion than had previously been planned.
Following the publishing of the original Whitehall plans to reform the house sale process in order to speed things up and reduce the numbers of house sales that fall through, Home Information Packs have been the subject of huge criticism from the industry. The plans have been watered down considerably already by removing the legal requirement for them to contain a home condition report and yesterday's announcement, though not entirely a surprise, drew yet more criticism as the fledgling reforms looked evermore vulnerable.
Companies have either set up new departments or have been incorporated entirely with HIPs as their sole purpose for being and their investment is now looking considerably shaky as many analysts are beginning to think that a complete U-turn is on the cards.
Problems with the availability of local government resources with regards to searches and surveys have been cited as the root cause of yesterday's decision as it became increasingly apparent that the 1st June deadline could not be met as there are just too few surveyors available to meet the demand of householders who have their homes on the market.
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How's your job?
Q. How's your job on the new motorway?
A. I'm so busy I don't know which way to turn.
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