New Mortgages - 'It would be a shame' to remove Hips

Published: 17 September 2008
To remove home information packs (Hips) would be "a shame" when looked at from the perspective of first-time buyers, it has been claimed.
In news that may be of interest to those seeking a new mortgage, answering the Conservative party's call last week to suspend the scheme would remove the benefits it gives to young people hoping to get a foot on the property ladder.
Such is the assertion of Helen Adams, managing director of FirstRungNow, who claimed that the more information a first-time buyer could gather on a potential home, the better.
"From a first-time buyer perspective they probably have helped, in that things can be flagged up in a Hip before a survey or a search and before costs have been incurred," she added.
People looking for a new mortgage may be interested to know that Hips were first introduced in August of last year and include information such as a sale statement, local searches and evidence of title.
New Mortgage:- JST Financial, New Mortgage, Re-mortgage Specialists catering for good and adverse credit for UK homeowners

View All News Articles
Please find below some links that you may find useful from JST Financial. These links are to external sites and will open in a new window.
If you know of any other links that you believe may be of use to our visitors, please contact us.