For some, the government’s decision to make the HCR a voluntary part of the HIP was spineless and unnecessary, and a decision made purely for political reasons. But there are still benefits to be had and it is up to the industry to pick up the pieces and deliver those benefits to consumers.From November 6, AHIPP will be encouraging buyers and sellers in Southampton, Newcastle, Northampton, Bath, Huddersfield and Cambridge to voluntarily pay for the full packs, which will include an HCR compiled by a trained home inspector. The dry run has been designed to show the benefits of HIPs and HCRs to buyers and sellers as part of a robust testing of the packs. Allowing consumers in the selected locations to sample HIPs ahead of the June deadline will let AHIPP identify glitches. As for the six locations, AHIPP believes they form a good mix of housing stock and will offer a fair representation in terms of both supply and demand.Meanwhile, more than 1,000 angry home inspectors are gearing up to battle it out with the government after it was announced that it wanted to train people as energy inspectors to carry out the Energy Performance Certificate, without the need for additional home inspector training.The home inspectors have every right to be angry. Some have spent over 10,000 on training in the hope of earning 70,000-plus salaries. Not any more. Their fight for compensation will surely last years, but it is also one that will not go away.For now, Mortgage Strategy waits to see whether the government will subsidise the dry run. Without funding, HIP take-up in the six regions will be woefully poor. By means of an apology, funding for the dry run would be a good place to start.
- Top trends
Mortgage Minds has appointed Simon Bucknell as regional sales manager. Bucknell, who joins from Colbalt Capital, will be in charge of recruiting and managing a sales force outside London. He was earlier an associate and sales manager at Cobalt Capital and has also worked at Hamptons Mortgages, Square Mile and John Charcol. Mark Bowler, director […]
Hindsight is a wonderful thing. Especially if it gives you the opportunity to do a bit of churning.
Risk Placement Services has acquired the assets of rival Special Risks Bureau to create a single specialist insurance platform for the IFA market.RPS is an independent insurance brokerage established to help find life insurance for people deemed to be ‘special risk’. Like RPS, SRB arranges life insurance for people who fall into the special risk […]
Savills Private Finance has confirmed its director Simon Gammon is to join Knight Frank to set up its financial advisory service. He is on gardening leave until November, when it is understood he will join the estate agency as head of mortgages. Melanie Bien, associate director at Savills, says: “It’s an obvious move for Knight […]
Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.
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