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Purplebricks faces £30m in payouts over unprotected tenancy deposits

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PurpleBricks could have to pay £30m in compensation after putting landlords at risk of being fined. The company’s share price has plummeted over 20 percent following the news. In a statement this morning Purplebricks announced it was delaying...

Poor advice, unregulated advice to blame for sky-high levy - FSCS

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FSCS’s lifeboat fund said a significant proportion of its pay-outs are over poor advice. The FCA have reported suggesting they axe investment advice from FSCS’s remit. The FCA states poor advice is the main reason for the soaring high complaints...