Sunday, January 4, 2009

Seems it isn’t just the UK and US then

Cheating valuation surveyors to be charged

"The swindle has meant that hundreds of people have paid too much for a house." .....sound familiar????

Posted by bystander @ 10:05 PM (655 views)
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2 thoughts on “Seems it isn’t just the UK and US then

  • I’m sure Dutch probity in this matter will be much better than the UK’s which it seems are happy to let the whole issue lie after a similar expose around a year ago by Channel 4.

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  • “First, they invest in houses, rent them out for a year and then sell them for a profit based on false property assessments provided by valuation surveyors.”

    The buyers were still fools to believe that house X could be rented out for € 900 a month when house Y a few doors down is only going for € 600 a month. I suppose the surveyors’ stamp of approval made it seem legitimate.

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