Can anyone remember from some time ago, an article in The Daily Telegraph with the heading 'Halifax accused of homes scam'?(posted 8113 days ago)The article went on to say: 'Halifax Property Services, one of the country's largest estate agency chains, is paying its salesmen substancial cash prises for persuading owners to slash the price of their homes. A leaked staff circular, passed to The Daily Telegraph, details a bonus scheme "to increase price reductions in all branches", by which teams who sell properties at the lowest prices are paid the most money. The benefit of lower prices to estate agents is that while the commission per sale is marginally less, it encourages a faster sale and a greater turnover. Prizes of up to £200 each are available for Halifax sales teams who beat a target reduction in a price set by the management. At a time when more than a million householders are trapped by negative equity, Halifax staff are awarded the biggest bonuses for persuading vendors to cut selling prices by a third or more.' The article goes on in some detail and makes very interesting reading, stating who denounced the scheme which is definately in contravention of the society's rule - makes you wonder how they conducted the sales of properties which they repossessed. I have copies of this article, which are kept in secure locations. Anyone who dosen't have, but would like a copy, contact me and I will send you one. Yes, I lost my home, had a mortgage with the Halifax, a mis-sold MIG with RSA, been chased by a number of Debt Collectors, solicitors, two SID's served and still fighting on......