Law repeal ‘will help rogue agents’
THE Government decision to repeal the Property Misdescriptions Act has been criticised by the National Association of Estate Agents.
Mark Hayward, NAEA president, says: “We are disappointed that the Government has pushed forth with its plan to repeal the Property Misdescriptions Act. It is a decision we feel will lead to reduced levels of consumer protection for home buyers as they make what may be one of the biggest transactions of their life. This legislation is key in the unregulated world of estate agency, and there is little to be gained from its repeal. Instead, Government is effectively giving rogue agents an opportunity to mislead consumers.”