When, in July 2009, Mr Justice Mann ruled against Foxtons, describing repeat renewal commission as a ‘trap’ and a ‘timebomb’ for consumers, the people rejoiced. The National Landlords Association rejoiced because this was, apparently, an official end to landlords paying “totally unwarranted” commission. The broadsheets rejoiced at a blow struck on behalf of the consumer. At WeHateFoxtons.com, they rejoiced because something bad seemed to have happened to Foxtons. But Mann’s ruling was widely misunderstood and misreported.
Our publisher looks at Foxtons latest (and final) move in its long-running legal chess game with the Office of Fair Trading, in his weekly guest column for Citywire.
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