Monday, 26 January 2015

Redress Scheme Sees Letting Agent Complaints Rise

The Property Redress Scheme (PRS) has led to an increase in the number of consumer complaints being made against lettings, property management and estate agents. The PRS is one of three consumer redress schemes. By law, all agents, as defined by legislation, must be a member of one of the three schemes. The number of complaints raised with the PRS is increasing month on month. Of the complaints raised so far, 44% were by landlords and 41% were by tenants, with the remaining 15% being raised by buyers and sellers of property. Read more on 24dash.

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