HIPs have been suspended

The government has today announced that Home Information Packs are to be suspended from 21st May 2010.  This confirms the Conservative Party’s intention stated prior to the election. The Energy Performance Certificates will continue, as they are a European Union directive, and will be valid for 10 years.

Inflation Figures released for March 2010.

The Consumer Prices Index, which is used by the government to measure the annual inflation rate, rose to 3.4% last month (March). It was 3% in February. The increased price of petrol and diesel, and the knock-on effects of this on other sectors, is blamed for the increase. Also, the bad weather in January forced the price of certain produce up, as some vegetables became more scarce as a result.

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Source: Office for National Statistics 20/4/10

Election uncertainty over ?

So the election has been called and some uncertainty for the economy and the property market may soon be over.  We will know which collection of politicians forms the next government after May 06th.  How will their individual policies affect the property market?

Confidence in property house prices, property sales volumes, property valuations, building surveys and the legal changes proposed could all be affected by the outcome. 

A detailed analysis will be made on a party by party approach over the coming weeks and posted in the propertysurveying.co.uk newsletter archive.

06th April, 2010