Sunday, December 20, 2009

Mias Calls for Better Regulation of Estate Agents

MIAS (the Mortgage and Insurance Advisory Service) was abashed by the allegation of the BBC Whistleblower documentary, in which clandestine reporters appear the abstruse apple of acreage agents’ arrant practices.

-- MIAS (the Mortgage and Insurance Advisory Service) was abashed by the allegation of the BBC Whistleblower documentary, in which clandestine reporters appear the abstruse apple of acreage agents’ arrant practices.

Working in several acreage agencies in London, the aggregation baldheaded some abominable methods of working, including ambiguous surveyors about acreage prices and – in the case of Foxtons – alive carefully with mortgage admiral at Alexander Hall to altercate abeyant buyers’ budgets after their above-mentioned consent, in adjustment to get as abundant money out of them as accessible (In acknowledgment to the letters of the Whistleblower programme, Foxtons said: “Foxtons Limited and Alexander Hall Limited pride themselves on the professionalism and accuracy of their corresponding businesses and accept the absolute account for the needs of its audience and will consistently act in the clients’ best interests.”).

Commenting, Alistair Good, Managing Director of MIAS mortgage brokers UK (http://www.mias-ltd.co.uk), said: “MIAS condemns such behaviour and has accustomed the programme for highlighting the charge for the area to be regulated.”

He added: “While we acknowledge that alone a boyhood of acreage agents and brokers behave in this manner, the programme did reflect the adventures of a amount of our clients”.

Commenting, Roger Milbourn, Director of MIAS said: We feel that the Office of Fair Trading’s cipher of convenance is bereft to avert such bedraggled tricks, in what is a abundantly able industry. To ensure that barter are adequately advised in this high-pressure sales environment, we would appetite the industry to acquaint a accomplishment for acreage agents, as is the case in the United States.”

Concluding, Roger Milbourn said: “Watching this abominable programme, we could not advice but ability the aforementioned cessation as the BBC anchorman – that acreage agents should be appropriate to accept a accomplishment added than a aciculate suit.”

Notes to Editor:

The Mortgage and Insurance Advisory Service (MIAS Ltd - http://www.mias-ltd.co.uk) is a close of candid mortgage brokers, alms a absolute account to audience gluttonous residential and bartering mortgages and mortgage protection.

Founded in 2002, MIAS has bound acquired a acceptability for accouterment straightforward, candid mortgage advice, analogous audience up with some of the a lot of aggressive deals around. MIAS’s accomplished brokers accept ability in all sectors of the mortgage bazaar and attending afterwards the accomplished transaction from alpha to end, authoritative the action as bland and as headache-free as possible.

For added advice on the casework MIAS offers, amuse appointment Mias mortgage brokers (http://www.mias-ltd.co.uk).

For added information, amuse contact:

MIAS Ltd: 0845 833 0878
Managing Director: Alistair Good
Director: Roger Milbourn

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