Man sues estate agent over £2.9 million sale
A man has decided to sue an estate agent over the £2.9 million sale of his property. The man, Barry McKay, claims that he was tricked into selling the property to the one person that he did not want to purchase it. He claims that he told the estate agent that he did not want the property to be sold to property tycoon, John Morris, but that the estate agent still sold the property to Morris without telling McKay.
McKay said that had he known that the property was being sold to Mr Morris he would have increased the asking price by around £3 million. McKay claims that the estate agent knew the true identity of the buyer when selling the property to Morris. He said that he had been told by the estate agent that the offer had come from a wealthy investor, and he asked the estate agent if it was Mr Morris that had put the offer in but was told that it was somebody of another name that had made the offer.
McKay is now demanding £2.5 million damages from the estate agent, Savills, as well as the £50,000 that he paid the estate agent by way of commission.
In his court papers McKay claims: ‘Ball knew throughout that Morris was the real purchaser of Tresanton. Ball lied about Newman to conceal the fact that Morris wanted to buy Tresanton.’
However, Savills stated: ‘Savills are satisfied on the evidence now available to them that the price paid on the sale was a fair reflection of the value of Tresanton.’
The property in the wealth area of Sunningdale has an onsite health spa and even its own resident air traffic controllers to help land residents’ helicopters.
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