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Express Home Sale - Price Reduced...says Agent...property Bee Says Otherwise.

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"*** REDUCED FOR QUICK SALE! *** Express Home Sales offers ATTRACTIVELY PRICED PROPERTIES in order to encourage a QUICKER SALE. Buyers must be chain free and in a position to proceed relatively quickly. Summary Details: 3 Bed End Terrace Double Glazed & Centrally Heated Front"

"25 June 2013

Price changed: Offers in Excess of £78,000 £85,000

Status changed: from 'Sold STC' to 'null'

13 May 2013

Status changed: from 'null' to 'Sold STC'

26 March 2013

Price changed: Offers in Excess of £80,000 £78,000

05 March 2013

Status changed: from 'Sold STC' to 'null'

04 March 2013

Status changed: from 'null' to 'Sold STC'

14 February 2013

Initial entry found. "

Must be negative reduction :blink:

If I could be bothered I'd report them.

Edited by TheCountOfNowhere

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I know what you mean but is there a law against this......

Ordinary terraced house, in ordinary street in ordinary area of York:

(I can only guess this is South-east bubble money leaking out as they flee in their retirement as it is not supported by wages and opportunities)


This probably covers it;


"The legislation

The Property Misdescriptions Act 1991, "


The Consumer Protection from Unfair Trading Regulations 2008 covers the pricing of all properties and you must be careful not to mislead consumers with regard to the previous price of a property if you are claiming a reduction in price. The Pricing Practices Guide published by the Department for Business, Innovation and Skills (BIS) gives guidance as to how price reductions can be advertised."

So, yes, I think there is a law against it.

I've dropped them an email via rightmove with the above text. I

It's more than likely an honest mistake when the property sale fell through and they re listed it.

Edited by TheCountOfNowhere

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  • 243 Brexit, House prices and Summer 2020

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