Watch out for sneaky mortgage tactic estate agents are using to ‘rip you off’
HOMEBUYERS pressurised into using estate agents’ mortgage services face being “ripped off”, warn experts as cases of conditional selling rise.
Conditional selling, banned under industry regulations, happens when estate agents try to strong-arm or incentivise buyers to use their mortgage broker.
GettyCases of conditional selling are on the rise[/caption]Buyers who refuse are told it could affect their chances of securing the property.
It’s an underhanded practice...
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