Thursday, 20 September 2012

Spot the Muppet!


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

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