UK Parliament / Open data

Consumers, Estate Agents and Redress Bill [Lords]

Let me turn to new clause 2; I have not yet started to address the points made by the hon. Member for Richmond Park, and I am happy now to do so. I know that there was a substantial debate on the issue in Committee. We have made it clear throughout the passage of the Bill that we want to raise standards in estate agency. By requiring membership of redress schemes for all estate agents, this Bill gives estate agents the incentive to raise their own standards to avoid being investigated by an ombudsman. Businesses will be able to judge for themselves what training is needed to ensure that staff deliver a good service. If they do not make it clear to staff that best practice standards are expected and train staff accordingly, they will know that they are likely to face costly payouts in due course. That is a pretty effective way of concentrating the minds of those involved. In response to the case that the hon. Lady presented to the House, it would be a mistake to force all estate agents to belong to an industry body and then give that body, or bodies, free rein to decide the standards of conduct estate agents should adhere to and the training they require. The hon. Lady pointed out that her proposal has the support of the National Association of Estate Agents, which does not surprise me. The NAEA is a reputable organisation and does tremendous work promoting higher standards in the industry, but it is not a regulator. It would be unwise and confusing to give it a regulatory function in addition to the role it already fulfils.

About this proceeding contribution

Reference

462 c1135 

Session

2006-07

Chamber / Committee

House of Commons chamber
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