Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Segal house sale notes complied with guidelines

  • Comment
Letters

I read with interest Dan Levett's letter regarding the sale by auction of a Walter Segal house in Lewisham (AJ 1.11.01).

While the publicity for our auction was welcome, I take grave exception to the suggestion that the guide price of £75,000 was perhaps 'a drastically cheapo attempt at what is really wanted'.

As one of the panel members of the Property Auctioneering Group at the Royal Institution of Chartered Surveyors, I have been involved in the recent publication of auction guidance notes.

It clearly states that 'guides should not be misleading' and 'the auctioneer should define the basis of the guide'.Had Mr Levett read our guide price document, he would find that it fully complies with these guidelines.

For your readers' information, the property was knocked down for £91,000, hardly worthy of the ill-informed allegation against my practice.

Andrew Smith, Andrew & Robertson, London SE5

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.