Rat and Mouse
Thu
13
Jul
Trade Minister on estate agents' trail

Ian McCartney proposes to force English estate agents to join an ombudsman scheme, or have their phones, fleet cars and keyrings confiscated. Currently, only 60% are members of the voluntary scheme (Foxtons are a prominent agency refusing to be regulated), and yet RICS takes exception to McCartney's plans as "unfair" and "anticompetitive". (That's anti-competitive, to require all estate agents to operate from a level playing field.) McCartney plans to introduce the Bill during the next session. More here.


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