An inquiry has been launched by the Levelling Up, Housing and Communities (LUHC) committee into how buying and selling can be improved.
The aim is to understand the barriers that buyers and sellers face and improve the consumer experience accordingly. Evidence sessions took place in April, with input from a range of organisations and businesses including Rightmove, the Royal Institution of Chartered Surveyors (RICS) and HomeOwners Alliance.
LUHC Chair, Clive Betts, commented, “We will be keen to examine issues such as the time taken to complete a transaction and challenges in finding the right information. Topics such as a lack of transparency around conveyancing services, the payment of referral fees, and the weak regulation of estate agents will also be on our agenda in this inquiry.”
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