by Rob | Mar 11, 2019 | News
A new report released on 8th March 2019 believes that the UK’s anti-money laundering system is fragmented and needs urgently re-ordering.
by Rob | Mar 11, 2019 | News
Mortgage lenders are reluctant to lend money to homebuyers in a commonhold set-up over insolvency fears, says the Law Commission, which has been tasked by the government to find ways to make the leasehold alternative work.
by Rob | Mar 8, 2019 | News
MPs described estate agents as the “weak link” in the anti-money laundering regime, in a new report on economic crime from the Treasury Select Committee which called for HMRC to tighten up on ensuring that all agents are registered with it for anti-money laundering...
by Rob | Mar 7, 2019 | News
The head of residential property at a law firm is warning that referral fees can backfire on estate agents who may have lost the support of local conveyancers.
by Rob | Mar 6, 2019 | News
The huge £215,000 fine levied on Countrywide for failing to abide by anti-money laundering procedures is a demonstration that estate agents generally are failing to take the issue seriously.
by Rob | Mar 5, 2019 | News
HM Revenue & Customs has issued more details of its bid to encourage estate agents to combat money laundering in the wake of yesterday’s shock announcement about huge fines and swoops on companies.
by Rob | Mar 5, 2019 | News
The director of strategy at the Council for Licensed Conveyancers says “the onus is very much on estate agents” to respond positively to a government initiative to make referral fees more transparent.
by Rob | Mar 5, 2019 | News
HM Revenue and Customs officers have continued the fight against money laundering in the UK by visiting over 50 agencies suspected of trading without officially registering with HMRC; a clear breach under anti-money laundering regulations.
by Rob | Mar 4, 2019 | News
Estate agents have been hit with unannounced inspections as part of a week-long crackdown on money laundering in the property industry, HM Revenue and Customs revealed this morning.
by Rob | Mar 4, 2019 | News
It’s been revealed that Countrywide has been hit with a £215,000 fine as part of a swoop by HMRC cracking down on money laundering in the property sector.
by Rob | Mar 4, 2019 | News
A working party of NAEA Propertymark is to conduct a pilot of a new Property Information Questionnaire – part of a series of reforms being considered right now.
by Rob | Mar 4, 2019 | News
The Council for Licensed Conveyancers have revealed that in the past two weeks, three law firms have been targeted by cyber criminals using a very similar phishing strategy.
by Rob | Mar 4, 2019 | News
Venture capitalist BGF has confirmed a new multi-million-pound investment into two more law firms.
by Rob | Mar 1, 2019 | News
Now is not the “appropriate time” to embark on wholesale regulatory reform, particularly because of the uncertainty caused by Brexit and the Solicitors Regulation Authority rulebook changes, the Law Society has said.
by Rob | Mar 1, 2019 | News
The National Association of Estate Agents has led the support for stricter new guidelines on transparency for referral fees.
by Rob | Feb 28, 2019 | News
A couple who were forced to flee their new home because of a neighbour from hell have launched a landmark legal battle to sue the seller of the £250,000 property.
by Rob | Feb 28, 2019 | News
The National Trading Standards Estate Agency Team has this afternoon revealed new industry guidance to make referral fees more transparent to consumers.
by Rob | Feb 28, 2019 | News
A new property portal with a difference launches today, planning to turn the whole charging model on its head.
by Rob | Feb 27, 2019 | News
A member of a prominent legal network is warning buyers and their conveyancers to be ”wary” of the Modern Method of Auction because of the fees attached to the process.
by Rob | Feb 27, 2019 | News
Sadiq Khan, The Mayor of London has launched a leasehold guide for Londoners and slams ‘lease’ as ‘unfit for purpose’.
