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:
9.30am–Chippenham Head Office
10am–Park Inn St Helens
1pm – Ramada Jarvis Hotel Wetherby
2.30pm–Holiday Inn Brentwood
8am–Ramada Encore NEC Birmingham
2pm–The Dunadry Belfast
10am–Radisson Blu Glasgow