Your round-up of the week's hot news from The Neg




Property management firm fined £30,000 over fire safety failings

Chilling details of a fire in a Palmers Green apartment block four years ago reveal how its 20 residents narrowly escaped death after a fire broke out in a stairwell.

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Could Purplebricks eventually run out of cash, asks leading consultant

UPDATE: Purplebricks CEO Vic Darvey replies to Andrew Stanton's analysis of the companies financial performance, saying US and Oz withdrawal will lead to profitability.

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400 property conference delegates warned over Coronavirus risk

Those attending last week's Guild event in central London were exposed to the risk after a delegate to a previous gathering at the venue became a confirmed case of Coronavirus.

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Vendor sells house for more than asking price via house raffle

Farmhouse in Shropshire was originally marketed via two different estate agents but failed to sell at its £545,000 asking price.

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LSL reveals how it told Your Move and Reeds Rains branches about their fates

Senior exec Helen Buck reveals the behind-the-scenes drama of a difficult day in February last year as the restructure announcement was made.

Click here to read LSL reveals how it told Your Move and Reeds Rains branches about their fates.



Exclusive: LSL estate agency boss reveals more about branch reduction decision

Helen Buck explains why the company decided to reduce down to 144 keystone branches and how half the staff affected have been redeployed to other parts of the business.

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Another independent letting agency bought by rival for its property portfolio

Staff will also be transferring across from JD Properties, which has been bought by growing South East London firm Keatons.

Click here to read Another independent letting agency bought by rival for its property portfolio.



‘No Pets’ no more?


Love them or hate them, landlords may have to start accepting tenants’ pets by law. But this new proposal really hasn’t been thought through, says Frances Burkinshaw.

Click here to read ‘No Pets’ no more?.