PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Dodgy estate agent asking deal under the table

Options
13

Comments

  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    antrobus wrote: »
    And Cuba.

    Apparently.

    And Georgia....

    I've seen the official selling price more than once of 1000 laris, purely because the annual tax is 1% of the purchase price of the property.
    💙💛 💔
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It's worth stringing them along to get the details of how they want to carry out the transaction, even if you don't go through with it (gathering evidence as you go)
  • jjlandlord
    jjlandlord Posts: 5,099 Forumite
    edited 21 April 2015 at 11:00AM
    In France the sale's paperwork must be signed in essentially a notary public's office.
    During the procedure it is rather common for the guy to get out of the office to "check something" so that the buyer can give the large envelope full of cash to the seller...

    This must add to the charm of buying a holiday property in France.

    lauranash wrote: »
    I don't have any evidence so I am doomed.

    What 'doomed'?

    Move on, and give them the publicity they deserve when someone asks you about local agents.
  • wiseguy80
    wiseguy80 Posts: 72 Forumite
    Mortgage-free Glee!
    If the bank's valuation comes out to be less than asking price, you are paying too much money for the property. In current climate, banks are far lenient on valuation than they were in 2010-2011.

    Ask a person in negative equity who paid too much in a booming area. I would say stick to your offer and play it hard. It might go to another party but in all likelihood will come back to market.
  • Annie1960
    Annie1960 Posts: 3,009 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    lauranash wrote: »
    I spent a couple of hours trying to get an app that records both voices but failed (I even had an it person to hep me). So no guarantee I'll succeed.

    It's really easy. I'm a complete idiot with these modern phones, but I managed it on my Android. Very simple. The one I downloaded is called ACR. No prior knowledge or skills required.
  • kwmlondon
    kwmlondon Posts: 1,734 Forumite
    The problem with this is that pursuing it will probably waste your time and it's most likely that the sale will fall through. If you don't really want to engage in the process then as satisfying as it would be to get the EA into trouble, it's going to be a waste of your time and you need to focus on your primary aim which is getting a home. Anything else is a distraction.

    They may end up recommending their own friendly solicitors who could be as dodgy as a £7 note and then the whole thing will get very messy.

    I'd walk away, forget about it and focus all my attention on finding somewhere else.

    I admire your desire to see justice done, but it's only going to waste your time and resources.
  • The agent is now ignoring me and didn't confirm whether my last offer was accepted. So it's probably the end for me on this property.
    I wonder if I will receive any letter from the agent to refuse my offers!

    I do have a feeling of justice and duty to do something. Don't know if I will though.

    For those who wonder what the problem may be with the surveyor. This is a booming area. I have seen 3 houses sold about 10 to 15% OVER asking price on the last week and a half.
    All these sales will not be recorded before a while and the first valuation may be problematic.
  • silvercar
    silvercar Posts: 49,644 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I would write to the sellers and tell them what is going on. Then walk away.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • plumfin
    plumfin Posts: 427 Forumite
    lauranash wrote: »
    I spent a couple of hours trying to get an app that records both voices but failed (I even had an it person to hep me). So no guarantee I'll succeed.


    Use Rectel - we use it all the time to do mystery shops. It charges to your phone bill on a premium rate number for mobiles I think, but worth it
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.