ESTATE AGENTS' VALUATIONS

Motion Text

That this House notes that many estate agents across the UK carry out their business in a legal, justifiable and exemplary fashion; is concerned at the number of reported incidents involving a small number of estate agents who appear to be able to invent offers for properties and falsely inflate estimated valuations to enhance possible commissions; recognises the lack of regulation which exists in the industry; commends those reputable journalists who have helped expose some practices; and calls upon the Government to ascertain the extent of this activity and to implement such legislation as is necessary to prevent abuses of this type.