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. (more…)

A recent report has shown that house sales in the UK have slumped by 40%, as the nation continues to go through a mortgage and housing market meltdown. Poor property sales have been affecting the market for some months, with a number of factors affecting the falling sales levels in the UK, and estate agents reporting some of the poorest sales figures in decades, with most averaging just five property sales a month. (more…)