You are here: Home - Uncategorized -

Agents of fear

0
Written by:
10/05/2006

Britons do not trust estate agents, and certainly not in our homes, says Christina Jordan

Britons place estate agents in the top three least trusted professionals to be left alone in our homes, according to research from home insurer, More Than.

With 18% of the votes, estate agents were outvoted only by window-cleaners (31%), and builders and decorators (26%).

Estate agents showing people round their home when they are not present make two thirds of Brits (69%) feel uncomfortable. As a result, over half (51%) go out of their way to ensure they are always present at a viewing, but a fifth (18%) have no choice but to let the estate agents continue with viewings in their absence.

Such problems don’t just affect those buying and selling, but also renters. Over 1 in 10 people (11%) have experienced a dispute over payment of fees or commission with an estate agent.

The research follows the recent BBC fly-on-the-wall documentary Whistleblower, which revealed dubious sales practices such as under- and over-valuing, false offers and developer backhanders by some of the UK’s leading estate agents.

Craig Allen, Home Insurance Manager at More Than, comments: “Moving home is stressful enough without having to consider whether the person who is supposed to be assisting you is trustworthy. While we hope that for most people, the experience of dealing with estate agents is a smooth one, there are those for whom problems do arise. More Than Family Legal Services could offer peace of mind with a legal helpline and legal cover.”

Christopher Jones of West Kensington, London, is one of many who have experienced problems with estate agents. “I’m a renter and have always found letting agents very difficult to deal with”, he says, “whether it’s tardiness over repairs or failing to repay the deposit. From speaking to friends the treatment you receive from many estate agents doesn’t get any better when you decide to buy.”

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
A charge too far?

The issue of free cash machines is a hot topic across the country at the moment, as Mike Collins discovers

Close