The relationship mortgage brokers have with estate agents will come under scrutiny as part of an Office of Fair Trading (OFT) market study into home buying and selling.
Links between agents and surveyors, solicitors and other professional advisers will come within the scope of the study. It will also consider: competition on price and quality between service providers, principally estate agents; the prospects for entry by new business models, including Internet-based models; whether the existing regulatory framework provides the right balance between protecting consumers who are buying or selling a home and ensuring that the market remains open to competition and innovation. The study will cover the whole of the UK, while acknowledging some of the signif...
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