The Advertising Standards Authority says it has “partly upheld” a complaint regarding a claim that a leasehold property was Sold STC.
Greenslade Taylor Hunt - a firm of surveyors, estate and letting agents and auctioneers with branches across the south west - was the agency about which the ASA received a complaint.
This referred to a listing for a flat in Yeovil which the ASA says stated “Sold STC” and “Please note that there is 69 years remaining on the lease”.
The complainant understood that the prospective buyer was no longer proceeding with the purchase, so the property was not Sold STC, and that there were actually 63 years remaining on the lease.
“We contacted the advertiser about the complaint who amended the number of years remaining on the lease that had appeared as 69 in error. However they informed us the property was still under offer” says an authority spokeswoman.
“Once we had seen evidence of this, provided by the advertiser, we concluded the statement Sold STC was factually correct and not misleading. The complaint was therefore only partly upheld and was closed on an informal basis” she says.