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Property Ombudsman handles record enquiries, pays out £1.5m    – Mortgage Strategy

June 8, 2024
in Mortgage
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The Property Ombudsman obtained a document variety of enquiries with 57,635 individuals settling housing disputes via its service final 12 months.  

The federal government-approved scheme, based in 1990, resolves disputes between shoppers and property brokers.  

It awarded £1.52m to shoppers with 83% of accepted circumstances discovering in favour of patrons or renters concerned in a spread of property actions, together with personal lets, home gross sales, auctions and leaseholds.  

It provides that the service “has grown from its property agent roots to offer redress for lettings, residential leasehold administration and a variety of property professions”.   

The physique says that with its personal lettings circumstances, there was “a excessive degree of enquiries and disputes regarding repairs and upkeep with 62% of lettings enquiries coming from tenants”. It awarded over £626,000 to lettings circumstances.  

Property Ombudsman Rebecca Marsh says: “We provide way more than dispute decision, our knowledgeable groups present steerage to resolve shopper points earlier than they escalate to complaints, saving shoppers and companies money and time.  

“We additionally work with companies to drive greatest apply via our codes of apply which have turn out to be the gold commonplace for the trade.”  

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