I have just read that savvy home buyers
are using the information provided in HIPs to negotiate discounts on properties. This is great, especially for first time buyers, but the full benefits of HIPS will only be realised when the Home Condition Report (HCR) is made manadatory as it is the survey that many stretched first time buyers skimp on resulting in the possibility of their buying properties with significant hidden defects without realising it. Additionally, the information in the HCR will provide further opportunities to negotiate discounts.
