Wednesday, December 2, 2009

Only 7 million!!

Estate agent tricked client out of £7million

One of Britain's biggest estate agents has admitted cheating a client into selling his £10 million home for a third of its true worth. Savills issued a grovelling apology in the High Court to company director Barry McKay as it admitted tricking him into selling the home for £2.9 million.

Posted by mark @ 08:52 AM (871 views)
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4 thoughts on “Only 7 million!!

  • Well done Savils, just pay off your way out of it and all will be forgotten.

    Had that been Joe the plummer ripping someone off, im sure he would loose his license. Savills should go down for this, they are crooks like the banks, politicians and other EA’s..

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  • lots of interesting points to this one:

    a) a supposedly respectable EA is, predictably, dodgy as they come
    b) the property developer is a greedy shyster
    c) the property developer has a history of failed businesses (I sense another coming)
    d) the property bought for £1m in 2000 is apparently worth £10 just a few years later. And this is not a bubble how?

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  • Hold on a minute – Who has control of the true ‘value’ of a house? An Estate Agent NOT the owner!

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  • who stole my pension? says:

    I like the sentence

    “Yesterday at the High Court, Savills, blamed the matter on Mr Ball, the former manager of the Sunningdale branch of Savills, who it called a ‘rogue employee’, and who is now a director.”

    Fancy that – just like the banks promote the moron!

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