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NAEA posts anti-HIP petition to PM

The National Association of Estate Agents has posted a petition on the Prime Minister’s website calling for Home Information Packs to be scrapped.

Charles Smailes, president of the NAEA, posted an anti-HIPs petition on

The petition states: We the undersigned petition the Prime Minister to accept the NAEAs concerns about the HIP legislation and the likely affect on the housing market and the economy.

We call for the relevant section of the Housing Act to be repealed and ask the government to discuss more relevant ways of improving the house buying and selling process.

So far 2,646 people have signed the petition, which has a September 12 2007 deadline.

Once over 1,500 sign an online petition on the website Tony Blair’s advisers are obliged to show it to him for consideration.


Housing market cools off in December, says RICS

The rate of house price inflation has dropped off after Novembers rise in interest rates, latest research reveals.A week after the Bank of England raised the base rate to 5.25% and on the same day inflation hits 3%, the Royal Institution of Chartered Surveyors says its found that while house prices rose for the fourteenth […]

Commercial property shrugs off interest rate rise

Commercial property along with equities and bonds will not be significantly impacted by the rise in interest rates, says Threadneedle Investments.Quentin Fitzsimmons, head of government bonds at Threadneedle Investments, admits the markets were surprised by the timing of the latest hike in interest rates.However, he says that returns from commercial property, unlike residential property, are […]

Smaller firms cause bigger problems

The first press release of the year from the Financial Services Authority gives some idea about its intentions. Some 252 mortgage firms of differing sizes were mystery shopped and the resulting report makes interesting reading.

Citizens Advice champions Governments financial capability strategy

The Citizens Advice Bureau says the governments financial capability strategy could have a massive impact on UK consumers’ ability to tackle debt.Teresa Perchard, policy director of Citizens Advice, says: There is a significant need to help thousands of people make the most of their money, both now and in the future. “This a real chance […]


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