Panorama exposes conditional promoting by property brokers

Editorial Team
2 Min Read




Panorama has gone undercover at one of many UK’s largest property companies to analyze claims it isn’t appearing in the perfect pursuits of consumers.

In tonight’s episode of the BBC of the investigative documentary collection, to be aired at 8pm, reporter Lucy Vallance uncovers proof the corporate favours patrons taking out mortgages brokered by the corporate itself, over the pursuits of different potential patrons.

Vallance additionally speaks to a whistleblower who labored at one other huge property company, the place workers had been underneath strain to promote add-on providers and had been incentivised by a fee scheme to get sellers to drop their home costs.

Each corporations say they deal with prospects pretty.

Forward of at this time’s’ present, Trevor Absolom, director at Inexperienced Fern Mortgage and Monetary Providers, took to social media to state: “Everyone knows the principle agent [that offers their in-house broker and conveyancing services], however many others proceed to do that.”

To seek out out extra, watch Panorama tonight on BBC One at 8pm.

 

Dealer writes to MP calling for halt to property agent conditional promoting

 




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