Rental guarantee claim amended after watchdog intervenes

Rental guarantee claim amended after watchdog intervenes


Todays other news
A statement to shareholders by Winkworth has revealed unspecified ‘underperformance’...
The lettings market remains under pressure, says the Royal Institution...
Average rents outside London fell last quarter - but are...
Zoopla has signed a long term deal with Andrews agency...
The housing market is seeing a more energetic start to...


A developer offering a rent guarantee on its homes has amended its advertisement wording after an intervention by the Advertising Standards Authority.

Howarth Homes made the claim in a press ad, stating that it was offering “guaranteed rental income”.

But a complainant contacted the watchdog to challenge this.

An Advertising Standards Authority spokeswoman contacted Howarth Homes and told Letting Agent Today:  “The advertiser agreed to amend the claim, but clarified that they had been prepared to make up the shortfall between actual rent and the guarantee. We resolved the case informally.”

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Agency industry set to prosper with stronger competition
Zoopla has signed a long term deal with Andrews agency...
Awards to be given to agencies with “extraordinary results”
Fine & Country has unveiled a refreshed logo as part...
Why and how do clients select agents? Zoopla says it knows… 
Connells’ brand John D Wood & Co has unveiled its...
Franchise service offers to fully-fund lettings agency acquisitions 
Fine & Country has launched a new office in Newbury....
It appears Knight Frank was involved at one stage...
The mansion tax will take effect from April 2028....
Recommended for you
Latest Features
A statement to shareholders by Winkworth has revealed unspecified ‘underperformance’...
The lettings market remains under pressure, says the Royal Institution...
Average rents outside London fell last quarter - but are...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.