Lancaster lettings boss ‘will cooperate’ with any probe

The former LPNM offices in Penny Street.
The former LPNM offices in Penny Street.

A leading Lancaster student property manager has said he will co-operate with any investigation into his former company – which went into voluntary liquidation last month.

Lancashire Police have confirmed that they are currently assessing three reports handed to them in relation to Lancaster Property Network Management (LPNM) Ltd.

Former boss of LPNM John Sanderson, who now runs a new student lettings company, One Stop Lancaster, in Penny Street, strongly rejects any allegations against the company.

He said: “I respect the police’s responsibility to investigate any matter reported to them by anybody; even those matters which are not supported by evidence.

“If I am contacted by the police, I will fully cooperate with any investigation but I know that no fraud has taken place.

“As far as I understand, the liquidator of LPNM will be investigating all matters regarding the finances of the company.”

LPNM is currently in the hands of liquidator Jackson Wright and Co Financial Recovery, based in Preston.

A spokesperson for Lancashire Police said: “We have received a number of reports via Action Fraud about a property company based in Lancaster which has gone into liquidation and we are in the process of assessing these reports.”