Home of Choice announces roadshow dates

4 May 2010 | By Natalie Thomas

Home of Choice has announced a series of roadshow dates for its advisers, which are designed to inform them about the network’s new owners, believed to be LSL Property Services.

Money Group’s managing director Tony Murtagh has confirmed to Mortgage Strategy that he has made a bid for Home of Choice but says he will withdraw it if LSL Property Services confirms it will not place the firm into administration.

Gerry O’Brien, CEO of Home of Choice has written to advisers, saying: “Further to previous communications I am writing to confirm the details of the series of events Home of Choice is arranging for you, as firm principals (and any Advisers you wish to attend) this week around the UK.

“These will be hosted by a Home of Choice board director, your regional sales director and a senior director representing the investors.

“These will cover authorisation, delayed payments, pipeline business and information about the new owners.”

He adds: “Can I also remind you that Home of Choice is not in administration and normal service is currently being resumed.”

He says its providers are aware of the current situation and are giving it their full support.

He adds: “On behalf of the Home of Choice Board I would like to confirm that we are delighted with the progress made to date on taking the business forward, and we look forward to sharing more details with you over the coming days.”

The meetings will be held on:

WEDNESDAY 5thMAY

9.30am–Chippenham Head Office

10am–Park Inn St Helens

1pm - Ramada Jarvis Hotel Wetherby

2.30pm–Holiday Inn Brentwood

THURSDAY 6thMAY

8am–Ramada Encore NEC Birmingham

2pm–The Dunadry Belfast

FRIDAY 7thMAY

10am–Radisson Blu Glasgow

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Readers' comments (22)

Peter Beaumont | 4 May 2010 4:30 pm
Gerry/Richard. Thrilled for you guys. If LSL are your acquirer then they have invested in a great management team and the company you have all worked so hard to build will go from strength to strength.This is good news for the market.
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tmurtagh | 4 May 2010 5:01 pm
Peter Beaumont....re your comment...you have an exclusive with HOC....which i understand you want to protect..but the management is not as you describe. The facts speak for themselves..you need the up to date financials and upto date FACTS.
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Anonymous | 4 May 2010 6:01 pm
tmurtagh if you are indeed said bidder and let's just say I believe you about the management team.
1.Why do you want to get involved with them if this is your opinion?
2.Are you offering a home for AR's?
3.If so how do we contact you?
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tmurtagh | 5 May 2010 11:34 am
Annon...6.01pm...my mobile is 07786 437796....feel free to call me. Regards Tony Murtagh.
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Anonymous | 5 May 2010 12:22 pm
Anyone been to a roadshow this morning? Is there any concrete news?
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Unhappy HOC AR | 5 May 2010 12:41 pm
Dont sign any new contracts for your own monies.

We have been turned over.

Leave now and take your chances else where.
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Anonymous | 5 May 2010 12:54 pm
Unhappy HOC AR - an you give us some more details?
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tony murtagh | 5 May 2010 12:57 pm
Unhappy HOC AR...posted 12.41.....what are the new contracts ?....if anybody has any accurate information can they please provide details. Thankyou.
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Anonymous | 5 May 2010 1:25 pm
From the roadshow this morning, if you sign the new contracts which are being e mailed today and have them returned by Friday we are being told we will get paid the commission owed! They say they have been bought by LSL but cant confirm what is happening! Whats new!
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C Thalha- HoC AR | 5 May 2010 1:42 pm
The interesting point I would like clarifying by the HoC board is why would they rejected the proposal of Mr Murtagh? Maybe they were fearful of losing their positions within HoC as Mr Murtagh would not suffer the sort of individuals that parade themselves as competent businessmen whilst at the same time only ensuring their personal needs are met when the brokers that have lined their pockets for so long are left to suffer? As far as I am aware the new 'deal' with LSL does not confirm that they will not place HoC into administration either so all HoC AR's beware that the outcome may still be the same!
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