Jump to content
House Price Crash Forum

Estate Agents Investment Advice


Recommended Posts

I walked past one of my local estate agents this evening and had a read of their newsletter in the window. The main article was how it is a good time to buy an investment property 'despite what's going on in the wider economy'. I'm going to pop in tomorrow and try and get a copy as I would love to go back in with it in 18 months time :) In fact, I might go in and ask them to run through the figures.

Anyway, why is it that if a bank wants to sell you a £20/month savings plan they are regulated by the FSA, but an estate agent can advise you to buy an investment worth £ks and there is absolutely no comeback if it turns out to be bad advice? Of course, you should take anything said by an EA with a pinch of salt, but clearly a lot of people haven't been doing that lately.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    • No registered users viewing this page.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.