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Fears over licence delay

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PROPERTY firms reacted with concern yesterday to news that plans to license agents will not take effect until 1996 at the earliest.

Latest figures from the Consumer Council on complaints about property agents show a startling rise.

There were almost as many in the first six months of this year as there were in the whole of last year.

From January to June, the council received a total of 125 complaints - more than three-quarters about unscrupulous sales tactics - compared with 155 last year and 118 in 1992.

The proposals, which would regulate estate agents for the first time, have yet to be turned into law and face lengthy delays in the log-jammed Legislative Council.

The time lag was criticised by the directors of some of the territory's biggest estate agents.

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