Property News · August 25, 2023

UK competition watchdog raises concerns over housing market


Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuildersA “significant minority” of landlords and letting agents may not be following consumer protection rules, according to the UK’s competition watchdog, which raised concerns including complaints about onerous guarantees, discrimination against certain types of tenants and fees charged to older people entering retirement housing.The Competition and Markets Authority (CMA) laid out on Friday the focus of its work on the housing market, after announcing in February it would look into the private rental and housebuilding sectors. Continue reading…

Source : theguardian.com
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