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Estate agent didn't tell me I wouldn't be able to rent the flat out I was buying.

24

Comments

  • Christabel
    Christabel Posts: 250 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    They DID have an aborted sale just before mine but of course no-one is saying why, I did ask. It went almost to exchange of contracts and there was a SOLD sign up when I viewed the property.
  • marksoton
    marksoton Posts: 17,516 Forumite
    Christabel wrote: »

    Where do I stand please?

    You don't, because you don't possess a leg to do so.

    And even if you did is it really worth the aggravation? Be glad your solicitor picked it up early and chalk it down to experience.
  • Christabel
    Christabel Posts: 250 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Have printed it out anyway, thanks for the tip Kinger101.
  • DandelionPatrol
    DandelionPatrol Posts: 1,313 Forumite
    mrginge wrote: »
    Christabel wrote: »
    Can I legally ask the estate agent to settle this bill?
    Yes you can.
    Straight answer to the question from Mr Ginge. Your legal rights to ask the Estate Agent to settle derive from Article 10 of the European Convention on Human Rights.

    Did you really mean to ask this question?
  • Christabel
    Christabel Posts: 250 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    ...with any realistic hope of it being settled.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 12 September 2015 at 1:13PM
    Christabel wrote: »
    Just reviewed the advert on-line from EA and see they bill it as an 'investment property'. Do I have a case now then?

    Perhaps it was previously let without the necessary permission.

    As has been said previously. "Investment" does not infer the word "rental" or "btl". That's open to interpretation. In this case you are using yours to suit the situation.
  • phill99
    phill99 Posts: 9,093 Forumite
    Part of the Furniture 1,000 Posts
    It's always someone elses fault isn't it?
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Did you do any research like

    what others in the block rent out for?
    has this one ever been let out?
  • kinger101
    kinger101 Posts: 6,627 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    Perhaps it was previously let without the necessary permission.

    As has been said previously. "Investment" does not infer the word "rental" or "btl". That's open to interpretation. In this case you are using yours to suit the situation.

    I think you meant "imply" not "infer". I don't think the OP's inference that this was suitable as a BTL property is unreasonable, and is one an average consumer might arrive at. This might place more responsibility back onto the agent to confirm there are no restrictions of letting before advertising it as an investment property.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Investment property is probably one of their stock copy/paste lazy ways to populate a property description box to get it (fastest) onto RM so they can spend more time fannying about on facebook with their mate.

    I've seen lots of studio flats (one small room) advertised saying how nice and close they are for local schools .... or maybe there's a lot of £££ in the p4edo market.
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