News Tag: Margaret Beckett
December 9, 2008
Housing minister, Margaret Beckett, stands accused of putting additional pressure on homeowners by changing the rules that govern Home Information Packs (Hips).
Currently vendors can market their properties without a Hip providing they have made arrangements for one to be available within 28 days, however, from 6th April 2009 a pack must be available from the first day of sale.
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Minister tightens rules on Hips
by Gill Montia
November 21, 2008
Figures from the Council of Mortgage Lenders (CML) have revealed a sharp rise in the number of properties repossessed by mortgage lenders.
The organisation said repossessions in the July to September period rose by 12%, while full year numbers are expected to escalate by 70% compared to 2007.
Meanwhile, the number of borrowers in arrears also increased when compared to the previous quarter, by ...
CML: Repossessions rise sharply
by Kay Murchie
October 29, 2008
Recently appointed housing minister, Margaret Beckett, has made reference to weaknesses in the Home Information Pack (HIP) scheme in an address to the House of Commons.
The minister made it clear that HIPs are here to stay but acknowledged shortcomings in the scheme mean that the full potential of the packs has not been achieved.
She blamed negativity in the property sector and ...
Minister acknowledges HIPs not fulfilling potential
by Gill Montia
