Thursday 23 December 2010

Local authority launches its own estate agency


A council in Wales has set up its own residential estate agency which also offers financial advice and mortgage services.

Property Bay Wales, launched by Neath Port Talbot Council, attempts to undercut other local agents by charging a fixed fee of £899.

The agency, which advertises itself as offering an “affordable alternative option”, also incorporates a lettings and property management business.

Read the full story here Local authority launches its own estate agency