Property expert David Leake of Housesetc tells us about the Government’s long overdue plans to improve the professionalism of estate agents.
The UK government says a new working group has eight months to consider greater regulation of agents, setting minimum levels of qualification for staff, a Code of Practice and an independent regulator for sales, letting and managing agents.
Housing Minster, Heather Wheeler, says: “For too long, people have faced incurring fees and bad service from a number of property agents. People should have confidence when buying, selling or renting a home.”
This long overdue news will be welcomed by all serious professionals working in the UK property market.
Many agents around the country are working hard every day, performing an essential role in the property market, but a small number of shoddy operators damage the reputation of the industry.
The majority of our team at Housesetc are “National Federation of Property Professionals” trained and qualified. Awareness is key, and the Government has a task on its hands to raise this awareness.