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

January 15, 2020

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

Streeteasy Skyline
StreetEasy to Restrict Agents Who Don't Publish Listings to the MLS

Zillow-owned StreetEasy is introducing new listing standards in New York City that will penalise agents who publicly market properties without...

Read More
Redfin Coeanfront Homes 1
Redfin Q1 2025: Slight Revenue Dip as Rocket Takeover Deal in Final Stages

Redfin, the American real estate brokerage and mortgage origination services provider, has released its first quarter financial results for 2025...

Read More
Schibsted 2
Schibsted Marketplaces Delivers Solid 'First Chapter' Ahead of Rebrand

Ahead of its anticipated rebranding, the classifieds operator Schibsted Marketplaces delivered a strong set of results for the first quarter...

Read More
Magicbricks App 1 3
India's MagicBricks to be Boycotted After Social Media Backlash

The president of India's National Association of Realtors (NAR-India) has instructed all members to discontinue all listings and advertisements from...

Read More

Editor's Pick