Rightmove asks agents to add more details to leasehold listings after complaints

January 15, 2020
Share this Post: 

Rightmove emphasizes a pledge to encourage its agents to disclose more information on a listing after the property portal received a number of complaints from leasehold campaigns about a lack of detail on Rightmove listings.

Activists from the National Leasehold Campaign (NLC) wrote to Rightmove to complain that users are unable to search for properties by tenure such as freehold, commonhold or leasehold, and claimed the lack of this information on listings does not comply with the Consumer Protection from Unfair Trading Regulations.

Under CPR, agents have a duty to divulge anything that might affect a consumer’s transactional decision – which could be simply deciding whether to ask the agent for more information or to request a viewing.

Leaseholds have been in the spotlight because of high service charges and ground rents which can mount up over the years and blight future sales. There are also concerns over restrictions on what can be done with leasehold properties.

The sale of leaseholds, particularly houses, has been called a scandal and the Government has promised to act.

Katie Kendrick, Founder of the NLC, said:

“Rightmove’s advertising description of the property for sale can affect consumers’ transactional decisions and I believe there is not enough information about tenure of each of your properties.”

Read more here

Property Portal Watch Bangkok Conference 2020, Feb 26-27

January 15, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Rea Boardroom
REA Group H1 2025: Revenue Growth Underscores Outstanding Results as CEO Retires

The ASX-listed real estate giant REA Group has released its financial highlights for the first half of the 2025 financial...

Read More
Casa Platform 10 Qs Hero Image 1
Ten Questions with Rowan Aldean, Founder of Casa Platform

As anyone who has ever tried can tell you, finding somewhere to rent in London is hard. Rowan Aldean (pictured...

Read More
Housing Anywhere 2
HousingAnywhere Sees Valuation Decreased by Investor Despite EBITDA Profitability

The Netherlands-based international rentals specialist HousingAnywhere has seen its valuation decreased by its own stakeholders. The Swedish investment company VNV...

Read More
Gumtree 1 3
Gumtree UK Quietly Sold to Chinese Owners of Classifieds Giant 58.com

O3 Industries and Novum Capital have sold their stake in Gumtree.com Ltd to Asian private equity firm Ocean Link and...

Read More

Editor's Pick