hausdok Posted November 21, 2007 Report Posted November 21, 2007 A plan for mandatory disclosure of home condition by sellers was announced 3 years ago in the UK. However, with less than three months to roll-out of the plan last June, the mandatory home inspection component of the home information packs (HIPS) was scrapped because of opposition by those in real estate and the mortgage lending industry. Instead, thousands of newly-trained home inspectors, who've each spent thousands of pounds to complete government mandated training, find themselves performing the mandatory energy assessment portion of the HIPs for a fraction of what they would have been earning as home inspectors. An entire home inspection training industry appeared practically overnight in the UK and now there are more new energy assessors than there is work. To learn more click here.
Brian G Posted November 21, 2007 Report Posted November 21, 2007 Originally posted by hausdok However, with less than three months to roll-out of the plan last June, the mandatory home inspection component of the home information packs (HIPS) was scrapped because of opposition by those in real estate and the mortgage lending industry. Gee, who'd-a thunk it? Brian G. Turf Protection Is Universal [:-yuck]
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