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Last week, a large audience of estate agents in Surrey met to discuss the rising cost of advertising properties on the major property portals. Hit with increases in excess of 10%, the agents, who are all members of the National Association of Estate Agents (NAEA), feel that these rises do not reflect the current stagnant state of the UK housing market.
The government's decision to scrap controversial Homes Information Packs (HIPs) last week has been well received by members of the property industry.
Homes marketed for sale no longer require a HIP. Ministers estimate that the abolishment of the "needless red tape" will save consumers over £1bn over the next decade.