In the UK, these transactions are primarily governed by the Estate Agents Act 1979 , specifically , which covers personal interest. Legal Requirements for Estate Agents
The agent must disclose their personal interest in writing to the seller at the earliest opportunity—ideally before any negotiations begin. can an estate agent buy a house they are selling
Agents are generally prohibited from asking for or receiving a pre-contract deposit when they have a personal interest in the property. In the UK, these transactions are primarily governed