Part of the debate – in the House of Lords at 2:56 pm on 23rd March 2009.
My Lords, I declare an interest in that I am trying to sell a house. I can give the address to anyone who wants it. I bought a HIP last year and I have to buy another one. I simply say to my noble friend that of course it makes no difference to the housing market and of course on some occasions HIPs are useful but there are times when a HIP is simply an additional price that one has to pay to sell a house.