London & Boston unit sees boost from govt guidance on property searches
AFX


LONDON (AFX) - London & Boston Investments PLC said its wholly owned subsidiary, PSG Franchising Ltd, the personal property search provider, expects a 'huge' difference to be made to its business after the issue of guidelines from the Office of the Deputy Prime Minister on property searches carried out by Personal Searchers and Local Authorities.

The company said the publication of the Guidance will considerably strengthen PSG's case if it is necessary to seek Judicial Review against offending councils.

'In some instances the market is being controlled by unruly councils who are breaking the law and who are acting anti-competitively by restricting access to competitors,' it added.

PSG currently carries out more than 250,000 property searches a year through its 87 franchised offices, which cover England and Wales.