Bovis accused of paying buyers to move into unfinished houses

Housebuilder allegedly offered £3,000 to new homeowners in effort to meet financial targets for 2016

Bovis Homes
(Image credit: Bovis)

Hot on the heels of last week's profit warning, housebuilder Bovis Homes has now lost its chief executive and a measure of its credibility.

A trading update at the beginning of the year revealed the company had missed a target to build and sell more than 4,000 homes in 2016, with 180 completions being deferred until early this year.

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