nterest rate rises last year is being cited as the main reason behind the upturn in repossession activity. Figures from National Statistics show that typical mortgage payments consequently rose by 42%.
Industry approves HIPs but at what cost?
Following the governments decision to make Home Information Packs mandatory for all home sellers from 2007, a sufficient number of Home Inspectors need to be trained by the time the new law comes into effect. An agreement has already been reached with the industry on the qualification for Home Inspectors and the way in which current surveyors can become suitably qualified - quickly and effectively.