Housing could have another regulatory body, if proposals
in a newly released report to professionalise the way property agencies do
business for the government get the go-ahead. The report on regulation of
property agents calls for estate agents, letting agents and managing agents to
hold “compulsory” formal qualifications and abide by a code of practice policed
by a watchdog they pay for. Currently, anyone can operate as a property agent
regardless of qualifications or whether they are a member of an official body.
Read more on 24housing.
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