Can estate agencies survive the unfurloughing of wage bills?

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The Government's furlough scheme is supporting the property industry to the tune of over £120 million a month, says Rayner Personnel. Estate agencies could face "a big problem" as the scheme unfurls in the coming months...

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After twenty years with some of the biggest firms in the PCL market, this senior agency insider - who has asked to remain anonymous - is sensing a 'huge change' in the air, with potentially serious consequences…
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Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
News

Lord Best's Regulation of Property Agents working party will present its recommendations - including new mandatory qualifications for all consumer-facing estate agents - to the Government next week