The Daily Telegraph is reporting that Purplebricks could face a bill of as much as £30m “after it put thousands of landlords at risk of being fined.”
Purplebricks disputes the figure, saying it’s more likely to be a maximum of £9m.
The newspaper says: “It is understood that since the online estate agent was founded in 2012, it has failed to properly serve legally required documents to tenants explaining their deposits have been put into a national protection scheme.
Click on this link to read the rest of this article.