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Article: OFT bans Shropshire Estate Agents.
- Article from:
- M2 Presswire
- Article date:
- September 17, 2008
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M2 PRESSWIRE-17 September 2008-UK Government: OFT bans Shropshire Estate Agents(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:17092008
The OFT has issued prohibition orders against two Wellington agents, banning them from estate agency work.
An adjudicator found that Charles Grizzle - a former employee of Imperial Homes UK Ltd - failed to disclose, to a potential purchaser promptly and in writing, that a property being marketed by the company was owned by Luke Morris, a former director of the same company.
In addition, a deposit was obtained from the purchaser, even though doing so is unlawful where an agent has a personal interest in the ...