{"id":42901,"date":"2017-02-04T14:00:22","date_gmt":"2017-02-04T07:00:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-ombudsman-estate-agents-charge-buyers-deposits\/"},"modified":"2017-02-04T14:07:21","modified_gmt":"2017-02-04T07:07:21","slug":"property-ombudsman-estate-agents-charge-buyers-deposits","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-ombudsman-estate-agents-charge-buyers-deposits\/","title":{"rendered":"property ombudsman estate agents charge buyers deposits"},"content":{"rendered":"<p>&#013;<br \/>\nHomebuyers are being hit with demands for hefty payments to \u2018show they are committed\u2019. And changes to the Property Ombudsman\u2019s code of conduct could make matters worseIf you were putting in an offer on a house, how would you feel if the estate agent asked you to hand over \u00a31,000 to prove you were a \u201cserious\u201d buyer? Would you pay up, or assume this was illegal and tell them where to get off?Growing numbers of homebuyers are in effect being charged for the privilege of having their offer accepted, when the agent is already pocketing a fee from the seller. And if the buyer ends up pulling out \u2013 for example, because the survey reveals a problem with the property \u2013 they often lose all the money or only get back a small part of it. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/feb\/04\/estate-agents-ask-homebuyers-pay-up-pre-contract-deposit\" target=\"_blank\">property ombudsman estate agents charge buyers deposits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Homebuyers are being hit with demands for hefty payments to \u2018show they are committed\u2019. And&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-42901","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-b9X","jetpack-related-posts":[{"id":116161,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-plotting-move-to-country-amid-increased-home-working\/","url_meta":{"origin":42901,"position":0},"title":"Homebuyers &#039;plotting move to country&#039; amid increased home working","date":"May 8, 2020","format":false,"excerpt":"\r Estate agents report rise in buyer registrations around Winchester and BerkshireAfter the lockdown, the exodus. Estate agents are reporting a surge in the numbers of would-be homebuyers plotting a move out of the city to a rural area or smaller town as people conclude that home working is here\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-would-be-homebuyers-falls-to-8-month-low-as-uk-economic-anxiety-deepens\/","url_meta":{"origin":42901,"position":1},"title":"Number of would-be homebuyers falls to 8-month low as UK economic anxiety deepens","date":"July 13, 2023","format":false,"excerpt":"\r Survey of estate agents reports growing reluctance among potential homebuyers to make a purchaseMortgages to cost 1m borrowers extra \u00a3500 a month by 2026, BoE warnsRenting a room in UK tops \u00a3700 a month on averageThe steep rise in mortgage interest rates and anxiety about the prospect of an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119463,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-strict-covid-19-social-distancing-rule-spoils-mood-for-homebuyers-bringing-streak-of-sell-out-weekends-to-an-end\/","url_meta":{"origin":42901,"position":2},"title":"Hong Kong\u2019s strict Covid-19 social distancing rule spoils mood for homebuyers, bringing streak of sell-out weekends to an end","date":"December 5, 2020","format":false,"excerpt":"\r Hong Kong\u2019s streak of sell-out weekends of residential property ended when two developers sold fewer than a third of the combined 212 flats on offer in two districts, as the city\u2019s strictest social distancing measures to date dampened sentiments.MinMetals Land, the real estate subsidiary of one of China\u2019s largest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/estate-agents-in-england-report-surge-of-interest-as-tax-cut-spurs-on-homebuyers\/","url_meta":{"origin":42901,"position":3},"title":"Estate agents in England report surge of interest as tax cut spurs on homebuyers","date":"July 10, 2020","format":false,"excerpt":"\r Fears stamp duty holiday could be swallowed up by competitive house biddingVirtual viewings, no open-house tours, and getting out of the city are the order of the day for would-be homebuyers spurred to action by this week\u2019s announcement of a stamp duty holiday on the first \u00a3500,000 paid for\u2026","rel":"","context":"In &quot;Property 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