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Having worked for Bovis as a Sales Consultant I am not surprised at the press coverage. December was shocking for the sales staff who knew properties would not be ready but were told by regional Managing Directors to tell purchasers they would be moving in. Yes money was paid, people were put into hotels and B&B for Christmas and many people who did move in were in absolute turmoil. My question is this - The CML certificates which confirm that properties were build complete were being issued on clearly unfinished units - to enable solicitors to draw down funds and effect completions - is this not fraudulent. Purchasers who were part exchanging were told to complete on unfinished units and given licence to occupy their current properties until the new plot was ready again CML certificates were clearly issued on unfinished properties. Its about time the banks and solicitors were also held to account. I have no sympathy with Bovis but to honest this is an industry wide problem which occurs at every half and full financial year and needs to be curtailed. I am out of the industry now I cannot take any more stress from both the company and its purchasers.
In a posting earlier this week I said i had bought GPX at 70p LOL then pressed the wrong button - the remainder of my post would have said "like I can afford to buy shares at 70p" I did comment in my next post that I was messing about - christ how these things can get taken out of context Anyway I felt it was viewed by some that I was bluffing - I can assure anyone that I am who I say I am and have enjoyed being part of the TW gang. If i am still welcome I will be pleased to contribute