Gascoigne Halman ordered to pay £1.24m in costs to Agents’ Mutual

Interim costs payment to be made with 14 days

Gascoigne Halman, the Connells-owned estate agency that’s been locking horns with challenger property portal OnTheMarket over competition laws and alleged contract breaches, has been ordered to pay £1.24m in interim costs to OTM’s parent company Agents’ Mutual, within 14 days.

This ruling by a Mr Justice Marcus Smith follows last week’s definitive Competition Authority decision in favour of Agents’ Mutual. But it does not signal an end to the attritional dispute…

The tribunal’s Chairman opted to keep in place a stay of the non-competition issues, pending an application for appeal with regard to the competition issues ruled on in the CAT judgment. He also said that he would be issuing orders for the £1.33m which Agents’ Mutual had lodged with the Court as security (for the eventuality that the CAT judgment had been in favour of Gascoigne Halman) and a further £500,000 fortification of costs, which AM had lodged with Court, to be returned to Agents’ Mutual.