It's a test case. The complaint is that the Foxtons letting contract with landlords stipulates that it can continue to take commission from a landlord after the first term has ended if a tenant renews, and that it can take commission for the full term even if a landlord decides to end an agreement and sell halfway through a tenancy. It seems to me that Foxtons is taking the heat here for a practise that is not uncommon. One "high-profile" complainant, quoted in the Telegraph, is Blue Peter's Konnie Huq, landlady on two flats in west London:
She said on Tuesday that the OFT's decision to take Foxtons to the High Court was "a victory for landlords for everywhere" [sic].
The expected cheering in the streets didn't follow.
Technorati Tags: estate agents, Foxton's, Foxtons, London, property, real estate, real estate agents
I am horrified that Anna Adams and Konnie Huq wish to become emboiled in a Class War protest. This group is anti capitalist, anti establishment, anti monarchy, anarchists who offer little to society except to distruct it.
We do not know who is really causing these problems for estate agents?
I have not enclosed my real email address