Jill Westgate

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my expertise in the industry

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The real problem with gazumping and the reason it's so prevalent is that successive governments actively encourage this. Despite all the word this and previous governments have done nothing to address the problem even though they could have improved matters easily had they chosen to do so. How can they do this? Repeal the current legislation which forces agents to submit new offers to vendors after they have already accepted an offer and the sales memorandum has been issued. Agents should be able to refuse to accept such offers unless the current sale is under threat and the property has been formally put back on the market. So why does the government raise the issue now? Probably to deflect attention away from their poor record on house building and providing much needed homes for its population whom it purports to serve.

From: Jill Westgate 03 November 2017 09:20 AM

Probably the most sensible well thought out article I have read on here for a while. Property transactions are down to 40% of their peak in 2007 and whilst we may not wish to get back to quite those heated levels there is no doubt the housing market is stagnating. Increasing numbers of people are living in 'the wrong homes' either by location or size and this is having serious consequences for not only the housing market but the economy in general. One of the great strengths of our economy was the mobility of our workforce and there is no doubt that the very high levels of stamp duty create a significant barrier to moving. A tax which was initially designed to target the rich is hitting ordinary families very hard if they try to move with moving costs of £10,000 - £15,000 being common these days and stamp duty being the single biggest item on that bill. We are rapidly heading to a French style housing market with high taxes and an immobile workforce - and it's easy to see the effect on French industry - is this really what we want in the UK. With Brexit looming we need a vibrant versatile workforce. The government would be well advised to wake up government and take note.

From: Jill Westgate 31 October 2017 10:37 AM

Funny how just weeks after they launched they over 5000 reviews on trust pilot!

From: Jill Westgate 07 August 2017 08:39 AM

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