EMAIL From: Mike Chitty, To: Philip Cassidy
Sent: Saturday, February 24, 2007 12:13 PM

Dear Mr Cassidy,

Thank you for responding so promptly.

I shall report your comments to the Wavertree Society's Committee at its meeting next Thursday. However, I personally would not accept that it is our 'duty' to negotiate with a firm which has, in the past, expected buyers to pay its legal fees as well as their own, seems unaware of all the leases and planning restrictions to which the various land parcels are subject, and seems to believe that a freehold can have a significant financial value even when the land in question does not yield a ground rent and is totally inaccessible by anyone other than the owner of the neighbouring property.

Unfortunately the involvement of reputable firms such as your own - and your description of the land parcels as 'Development Opportunities' even though many of them are situated within a Conservation Area and no development will be permitted - lends credence to the claims of the owner and its agent. Do you believe that it is ethical to offer such land for sale to the general public when it is of no use to an 'outside' buyer?

We have heard of private individuals who purchased some of the Garden Suburb land at auction in 2005, and on subsequently attempting to visit their purchase found that they could not even see the land, let alone gain access to it or develop it! And of others who found that even fencing off 'their' land would be contrary to the Conservation Area rules and will not, as a result, be given planning permission.

I feel that it is your duty to make prospective buyers - and the vendors - aware of the fact that these land parcels are NOT development opportunities, and that they possibly have a negative financial value when legal charges are taken into account.

In view of what you say about not having 'enough information', do I take it that you will be withdrawing Lots 3, 4, 5, 6, 7, 9, 14 and 15 from your forthcoming Auction Sale?

Yours sincerely,

Mike Chitty
(Newsletter Editor & Local History Secretary, The Wavertree Society)