The Home Information Pack is due to be made a requirement of marketing a house from 1 June. What is the purpose of this new requirement? Many have stated that it is an EU imposed regulation, if so what other countries are implementing such a requirement? Others postulate that it is the fault of John Prescott and his former department who were trying to find ways of raising new taxes. I would love either of the above theories to be true; I am not sure which I detest more the bloated EU
bureaucrats or the equally bloated Deputy PM.
Either way, I have been predicting that the imposition of HIP would cause a rush of properties onto the market and so reduce house prices, today the first
evidence appeared. At the same time Gordon Brown may actually have clicked that he may not want to start his premiership off with such an economic failure and so it appears that he may be about to do his first
U-turn. As you can see from that article the Housing Minister is Yvette Cooper. Her husband is of course
Blinky Ed Balls who is
GBs number two at the
Treasury. Wouldn't you love to be a fly on the wall at the Balls/Cooper house at breakfast tomorrow morning?
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