Re/max boss quashes bankruptcy rumours

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RUMOURS that a leading estate agency in Fife hit the rocks after a boss was made bankrupt are being denied by the new owner.

Reg McDonald, who is also regional director for Re/max, assured customers it was “all systems go and business as usual” throughout the Kingdom.

He said: “The former owner of Glenrothes, Leven and Cupar branches was sequestered by a landlord in Dundee and was essentially made bankrupt.

“His lease effectively expired in January and I took over the assets.”

The departure of Colin Jenkins and the closure of Glenrothes’ Re/max at Morrisons fuelled claims of unpaid staff and a business struggling to survive.

However, Mr McDonald stressed the Kirkcaldy branch - owned by Bruce Napier - was unaffected and the Leven and Cupar branches were operating as normal.

Bar a loss of two members of staff and a temporary move to the Kirkcaldy branch for Glenrothes staff, the transition was “seamless,” he added.

“All staff were paid to the end of their period of employment,“ he said, “but, although we are under no obligation to do so, we would be pleased to honour any outstanding claims if they arise.”

Meanwhile discussions were ongoing with various leaseholders in Glenrothes, including Morrisons, and it was hoped Re/max could be making a return, possibly as early as next week.