Response to law property act 1925

Kevin, You should definitely pursue the C&G B/soc. The Building Society Act 1986 requires the lender to 'obtain the best price reasonably available'.Depending upon the market conditions this can mean either- the best of a bad job in a slow selling market or THE BEST OF MORE THAN ONE OFFER in a sellers market. (It depends on what is happening to property sales around the relevant area.) To obtain the 'best price' the property should have been marketed with that in mind. Serve a Subject Access Rights Notice (Data Protection Act)on the C&G requesting copies of ALL data relating to your case - and I mean ALL. This should include full details of ALL marketing activities carried out and by whom, copies of 2 x INDEPENDENT valuations prior to a 'For Sale' notice being erected at the property. (Pigs might fly!!) You have a legal right to this information so don't be fobbed off! Don't pay more than £10.00 for ALL the information and send the letter Recorded Delivery so they can't say that they haven't received it. Carry out your own research as to prices being achieved on similar properties in the area; check the archives of the local paper in which properties are usally advertised. Ask around the neighbours to see whether they observed any people viewing the property etc. Don't be afraid about C&G knowing your address - I'm sure you haven't committed a crime ! I had a *lovely* time with the same lender so if you wish to e-mail me direct please feel to do so. Keep us posted as to what it is happening Kevin - there are many people who regularly visit this who are more than helpful and understand only too well just what experience you are going through. Regards, Joy.

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