JDW boss Tim Martin slams 'misleading' practices from property agents

By Ellie Bothwell contact

- Last updated on GMT

Related tags: Chairman tim martin, Dorchester hotel, Property law

Tim Martin: 'Representations which are made to sell a property need to be accurate'
Tim Martin: 'Representations which are made to sell a property need to be accurate'
JD Wetherspoon (JDW) chairman Tim Martin has attacked the practice of properties being sold at auction on the basis of inaccurate information.

In an auction with Allsop at The Dorchester Hotel, London, later this month JDW is described as the tenant of a property in Chesham, Buckinghamshire.

But Martin said: “JD Wetherspoon assigned the lease to another company approximately ten years ago and is no longer the tenant of the property. The information in the agent’s particulars is therefore misleading.”

He said a “similar misrepresentation” occurred when the freehold of the Tally Ho in North Finchley, north London, was recently sold at auction.

“On that occasion the agent described The Tally Ho as one of Wetherspoon’s busiest pubs, which was entirely inaccurate.

“Representations which are made to sell a property need to be accurate. Inaccuracies, as in the two examples mentioned, should not appear in agents descriptions,” he said.

Related topics: Property law

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2 comments

Research is easy these days

Posted by Andrew Grave,

With resources like Google Earth, pub websites and the much talked-about customer review sites, there can be no excuse for basic errors like these two. The propery consultants don't even need to leave their desks to ensure the accuracy of such reports. Once agan, Tim has hit the nail on the head.

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I totally agree

Posted by David Broschomb, Dabro & Associates,

As a leisure and licensed property consultant , with many years experience, I find such errors reflect badly on our industry. It's basic research, carried out at the time of inspection.

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