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Housing in Hedon – a good time to sell/buy?

IS IT A GOOD TIME to buy or sell housing in Hedon?

The abolition of HIPS (home information packs) since 21st May 2010 has led to a sharp increase in supply of homes on the housing market although prices have continued to rise.

In a press release today the Royal Institution of Chartered Surveyors (RICS) has indicated that prices rose in most parts of England, although not in Yorkshire and Humberside.

Ian Perry , RICS spokesperson said:

Twenty two percent more chartered surveyors reported a rise than a fall in house prices up from 19 percent in April. Surveyors are still reporting house price rises in most parts of the country. The exceptions according to the latest survey are Northern Ireland, Wales, Yorkshire and Humberside and the West Midlands.”

Local Hedon Estate Agent John Dennis in a message to local property owners earlier this month, said:

If you’ve been putting off placing your home on the market because you didn’t want to pay for one of the dreaded HIPs, now’s the time to do it. The Conlibs coalition government have ditched the requirement for sellers to have a pack, so you will be saving the best part of £300 !! You still need an EPC (Energy Performance Certificate) but that’s peanuts compared to the HIP.”

NOTE: You can find out about some local property news over on HU12.net (right hand side-bar ‘widget’) and an interesting service on local property prices is provided by Our Property who give house price information based on Land Registry data by simply entering your post code.

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