CAVENDISH RESIDENTIAL CHESTER LINKED TO PRICE FIXING SCAM.
Cavendish Residential Chester was today linked to a price fixing scam we have been reporting on for nearly six long years.
We had earlier reported they were a fantastic and trusted Chester real estate company but we think we judged them far to highly and they are just as bad as any other Chester estate agents we have investaged.
Given their director gave the main benefactor of the estate at 32 Hoole Road a valuation of at least £800,000 only 6 weeks ago and 4 weeks ago listed the property at £750,000 some three weeks later they have dropped that price by a whopping £250,000!
Would any local home owner trust an estate agent that dropped that much in just 3 weeks is just shocking behaviour and a breach of the duty of care they have to all the beneficories that any estate regulator should immediately investigate and block.
In their defence they might say this was down yet again to the price fixing scams of old by Bartletts of Chester, BLM Law and SDL Auctions all of which they have tried to sell this property at only £450,000 all in aid of Bartletts valuation of £450,000 in 2015 for gods sake.
Of course it gets worse James Beresford was forced in August this year to except a Liverpool undertaking in other words an injunction to not sell this probate estate for less than £750,000 when he tried to sell it at £450,000 through SDL Auctions and when they found out there was a final court settlement from the high court in Liverpool in Dec 2019 pulled the plug on the sale.
We hope they have now told Cavendish Residential that the Royal Courts of justice has already handed down advice in a ruling that if any party sells this for less than the final settlement they will be sued for all respective damages?
The real clincher is the fact the next door property sold four weeks ago at 740,000 pounds after just a few weeks on the market and is half the size this property is now under full RICS fraud investigation because BLM Law got a valustion done at 345k only a new world undervaluation record of all time and has failed to take TWO WRITTEN BIDS OF £1M and totally failed to act!