Government concerned by estate agent 'double charges'
The Government has told ITV News it is "concerned" about the emerging practice of what it calls "double charging" by estate agents.
The Government has told ITV News it is "concerned" about the emerging practice of what it calls "double charging" by estate agents.
The Government has told ITV News it is "concerned" about the "emerging practice" of what it calls "double charging" by estate agents.
This is where the buyer is asked to pay a fee - which can be many thousands of pounds. A Department for Business, Innovation and Skills spokesperson said:
The Consumer Minister is aware of the emerging practice of double charging by estate agents and is concerned about its potential impact on the market.
Jenny Willott met with Christopher Hamer, Chief Executive of The Property Ombudsman, and Lewis Shand, Chief Executive of Ombudsman Services: Property, earlier this week to discuss the issue.
Both schemes have committed to closely monitoring complaints relating to double charging.
The UK's Property Ombudsman is warning about a growing number of estate agents charging not just sellers - but also those purchasing homes.
Barratt boss says limiting mortgages would hit the young hardest while decades of under investment has pushed up the price of housing.
An ITV News poll has revealed nearly 60 percent of people in Britain believe rising house prices are bad for the country.