House auction 'guide prices'

Madam, - I congratulate Orna Mulcahy on her piece highlighting the nonsense of guide prices for property auctions (Property, …

Madam, - I congratulate Orna Mulcahy on her piece highlighting the nonsense of guide prices for property auctions (Property, May 22nd).

This anomalous situation is starkly underlined when one invariably sees the gargantuan chasm between the "guide price" and the result.

Permit me to go a step further and suggest a total ban on this dubious and ludicrous irritation. - Yours, etc.,

FRANK BYRNE,

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Brookfield Court,

Dublin 6w.