According to Christian Warman, director of central London estate agency Tedworth Property, professional qualifications are likely to mean passing a test or exam of the standards that most agents “currently adhere to as set out by the NAEA and property ombudsman”.
He said: “Voluntary deposits to prevent gazzumping are always a source of debate – they are sometimes used nowadays, but often an inordinate amount of time can be spent determining the terms of the initial deposit so it would be good to have this standardised.
