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All you need to know about what’s hap­pened in prop­erty this week

The Daily Telegraph - Property - - Cover Story -

Es­tate agents will no longer be al­lowed to op­er­ate a scam called “por­tal jug­gling”, which ex­perts say in­flates house prices by 10 per cent or more. Agents are now banned from relist­ing prop­er­ties (on web­sites such as Right­move) that have been on the mar­ket for some time, which helps them to hide price cuts and gives the im­pres­sion a prop­erty is new to the mar­ket when it is not. Agents caught relist­ing old prop­er­ties could be pros­e­cuted or pre­vented from trad­ing.

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