I am late writing my weekly blog which means I have been
busy. I am not the only one who has been busy, the Government in their wisdom
have decided to repeal the property Misdescriptions Act and replace it with
some legislation which allows Intermediary Agents only not to comply with
Estate Agents legislation and therefore not be responsible for the statements
they make about the properties they offer. The idea is supposed to be greater
competition in the market place and lower cost to the consumer but the reality
is the government have just legalised conning people. How will customers know
if they are dealing with someone who has to tell the truth about what they are
selling or someone who can make anything up and lie without consequence or
recourse. The Property Ombudsman has today reported that buying a house could
become like buying a second hand car from a dodgy second hand car dealer! If
the Ombudsman is not happy surely the Government must see they have made a
massive mistake. But hey, they also think abolishing the need for planning
permission will help the economy and the property market.
As you can see there are a few things going on that are
annoying me and will hinder our recovery from recession not aid it. The man
behind the changes is Vince Cable and all I can say is what a Muppet! Although
I think he has proved that on other occasions previously.
In Bradleys we had a decent sales week last week with a few
more buyers showing their faces and despite the very best attempts of our
Government to ruin our industry I very much hope the current momentum continues
for the rest of September and on into the Autumn.
You haven't heard much about my house build recently so the
update is we are getting close to moving in which is considerably different to
getting close to finished but I am very pleased with how it is turning out and
Will be painting over the weekend.
Francis Marshall FNAEA
Managing Director
Bradleys Group
Managing Director
Bradleys Group