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An outright ban on referrals is preferable – Star Letter 13/04/2018
Mortgage Solutions and its sister title Specialist Lending Solutions select the most thoughtful or thought-provoking comment as Star Letter.
This week the accolade goes to Arron Bardoe for his response to the post: Government to enforce estate agent-broker referral fee disclosure as ban considered.
He said: “This is excellent news and something I have been advocating for some years. While there is more that could be done, this will be a good start.
“Yes businesses need to make money, but this should not be to the detriment of consumers.
“Personally, I would prefer an outright ban on referrals of services to buyers by agents of the vendor, but this could mean some consumers struggling to find help.”