Home information packs will be introduced on time, mortgage holders told by Finance News Bulletin

Published: 12/12/07

Mortgage holders who plan to move house in the pending months may be paying attention to hear that the Association of Home Information Pack Providers has reaffirmed its promise to the June 1st 2007 dateFrom the start of June beyond, all properties that are sold in the UK must approach with a house information pack, which includes features such as title deeds and an energy presentation certificateAnd despite recent criticism from some mortgage holders and possessions analysts that the deadline is unmanageable, the association has on paper a letter to the UK's housing minister Yvette Cooper that underlines its meaning to honour the existing timetable"Our recent letter, which was sent in a straight line to Yvette Cooper, offers unequivocal pledge from the industry that it is ready to present packs as of June 1st," explained Mike Ockenden, manager general of the association

Originally, it was expected that mortgage holders and other possessions owners looking to sell up would have to arrange a home condition account as part of the house information packs However, the government has since made a volte-face on the issue and last year confirmed that the report would be an optional, rather than a mandatory, element of the packsLandlords with buy to allow mortgages in for the long tow, mortgage study indicates - Tue, 13 Mar 2007nowadays's Most Popular Results Mortgage Enquiry Form Need Life Insurance ------ Mortgages - Information Mortgages - Home ------ Financial armed forces - HomeBanking institution calls for inheritance tax revisions, mortgage holders told - Mon, 19 Mar 2007None of the information on this website is intended to endorse any specific mortgage product or give mortgage advice

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