A wide-ranging review of Royal Institution of Chartered Surveyors (RICS) regulation in the property market will recommend separation of RICS regulatory and representational duties later today.
The Carlsberg review will also recommend a property Ombudsman Service which it says is necessary to end consumer confusion over redress in the house buying and letting arena. The review by former Office of Fair Trade director general, Sir Brian Carlsberg follows recent Government initiated investigations of UK professions such as the Morris report for the actuaries, the Smith report for the medical profession and Clementi on the legal profession. The Carlsberg report is expected to recommend that chartered surveyors should continue to be regulated by RICS but that this should involve ...
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