Regulated firms, particularly estate agents, who take on new business clients are leaving themselves exposed to serious red flags by not...
Archive
There’s no question that trust is the bedrock of any longstanding client relationship. It is built on delivering on your promises...
03 February 2024
From: Features
Like so many I’ve been infuriated by the injustice meted out to sub-postmasters and postmistresses over many years. I was aware of...
13 January 2024
From: Features
Rumours about tax cuts in this week’s Autumn Statement are continuing but there are warnings that a Stamp Duty cut may...
21 November 2023
From: Breaking News
Estate agency insolvencies have increased by 11% over the past 12 months, research suggests. Analysis by audit and accountancy firm Mazars found...
07 November 2023
From: Breaking News
Propertymark has given its backing to simplifying how firms are regulated under anti-money laundering (AML) rules. The Treasury is currently consulting on...
26 July 2023
From: Breaking News
Landlords are exiting the market in droves. According to an accountancy firm who analysed HMRC data, 70,000 buy-to-let landlords left the sector...
29 April 2023
From: Features
Estate agents could be putting their clients’ personal details at risk by taking information such as addresses, bank account or passport details...
27 March 2023
From: Breaking News
New analysis may called into question the experience of firms approved to check the Government’s flagship register of overseas entities (ROE). The...
23 March 2023
From: Breaking News
Estate agents are entering a ‘rocky period,’ an accountancy firm has warned, as research shows insolvencies in the sector are on...
06 March 2023
From: Breaking News
Two of the biggest challenges facing the property industry right now are fraud and money laundering. The scale of these activities is...
15 February 2023
From: Features
The average anti-money laundering (AML) fine issued to the estate agency sector for non-compliance has started to climb, reversing the previous...
18 January 2023
From: Breaking News
We spent some time with Lucy Noonan, Founder and CEO of Atomic Consultancy, to pick her brains about the many moving...
03 December 2022
From: Features
Most agents are falling foul of anti-money laundering (AML) rules by accident but the sector could face more compliance-related fines by...
09 November 2022
From: Breaking News
A high-profile review of the governance and purpose of the RICS has said the need for change at the institution is...
21 June 2022
From: Breaking News
In this latest ‘Women in Property’ edition of the Natter, I check in with Collette Allen, who was recently appointed as...
28 May 2022
From: Features
The estate agency sector is now paying almost £6m for anti-money laundering (AML) supervision. Businesses are legally required to register for AML...
10 May 2022
From: Breaking News
Accountancy terminology can be a turn off to many business owners, understandably so given that the majority aren’t working in lettings...
27 April 2022
From: Features
A leading accountant is warning of a possible stamp duty change affecting residential property this year. HMRC is currently consulting on a...
10 January 2022
From: Breaking News
RICS has appointed a former civil servant with a 42-year career as its new audit committee chair. Mike Driver, currently president of...
02 November 2021
From: Breaking News
Chancellor Rishi Sunak’s Budget did not ignore Capital Gains Tax after all. For those selling UK residential property the deadline to file...
28 October 2021
From: Breaking News
Disclaimer: This article is intended for information only and does not constitute legal advice. As part of its 2020 budget, the UK...
23 October 2021
From: Features
It’s been revealed that HM Revenue & Customs scours the listings on both Rightmove and Zoopla to assess whether property investors...
12 October 2021
From: Breaking News
The Royal Institution of Chartered Surveyors is trying to win back respect within the property industry with new Rules of Conduct...
11 October 2021
From: Breaking News
The governing council of the Royal Institution of Chartered Surveyors has issued a public apology to the whistle blowers whose actions...
30 September 2021
From: Breaking News
The independent QC leading a review into the governance scandal at the RICS says there was “no fraudulent or criminal misbehaviour”...
10 September 2021
From: Breaking News
A news conference today is expected to reveal more details of the governance scandal which has engulfed the Royal Institution of...
09 September 2021
From: Breaking News
The chief executive of the Royal Institution of Chartered Surveyors, Sean Tompkins, is in talks to step down according to an...
08 September 2021
From: Breaking News
The independent QC asked to prepare a report into the financial conduct row at the Royal Institution of Chartered Surveyors has...
12 August 2021
From: Breaking News
The publication of a report following a controversial RICS investigation has been pushed back another month. Last month it was announced that...
22 July 2021
From: Breaking News
An assessment by a risk solutions firm shows that estate agents are on average just 53 per cent of the way...
25 May 2021
From: Breaking News
Some sellers are suffering cash flow issues as a result of glitches in the Capital Gains Tax reporting system, according to...
14 May 2021
From: Breaking News
The independent review into the governance of the Royal Institution of Chartered Surveyors is calling for comments. Earlier this year RICS was the...
04 May 2021
From: Breaking News
There’s been a huge focus on both the stamp duty holiday and Help To Buy deadlines at the end of March...
08 February 2021
From: Breaking News
The stamp duty holiday should be extended to include properties that have exchanged but have yet to complete, a leading accountancy...
26 January 2021
From: Breaking News
The Royal Institution of Chartered Surveyors last night announced a dramatic U-turn in the controversy over a report by an independent...
22 January 2021
From: Breaking News
The president of the Royal Institution of Chartered Surveyors insists that the organisation is acting on recommendations of a probe into...
12 January 2021
From: Breaking News
The Sunday Times has made new and detailed allegations regarding the Royal Institution of Chartered Surveyors. For some weeks the newspaper has...
11 January 2021
From: Breaking News
The new two per cent stamp duty surcharge applying to non-resident buyers may cause a wide range of properties to be...
27 October 2020
From: Breaking News
Purplebricks has named a new non-executive director - and currently she has 36 other company directorships or partnerships to her name. Elona...
28 September 2020
From: Breaking News
Chancellor Rishi Sunak’s stamp duty holiday means prime property in the UK now enjoys lower tax rates than most European countries. Buyers...
30 July 2020
From: Breaking News
Hello and welcome to a new week, and a new edition of PJT. If you’re on the move or your firm has...
20 January 2020
From: Breaking News
Being a market leader means staying on top of industry trends. The more aware you are of what's happening in the...
02 November 2019
From: Features
Have you asked yourself why technology is so important in letting agency today? Just look around and you will know why. Almost...
03 August 2019
From: Features
Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...
29 March 2019
From: Breaking News
Estate agent anti-money laundering (AML) compliance is under scrutiny again following the publication of figures detailing the fines levied for AML...
13 March 2019
From: Sponsored Content
The government has moved to crack down on money laundering in the UK with a new campaign focusing on the accountancy,...
16 January 2019
From: Features
There’s been a four per cent rise in the number of estate agencies becoming insolvent according to a new report. In the...
11 December 2018
From: Breaking News
The government has told the estate agency industry that it has a “moral” obligation to report suspicions about potential money laundering. Figures...
29 October 2018
From: Breaking News
An accountancy trade body has revealed that last year it briefed MPs - including the Prime Minister and Housing Minister of...
04 October 2018
From: Breaking News
Traditional estate agencies could be in for a stormy autumn and face being the next casualty of the high street shake-out...
20 August 2018
From: Breaking News
By now we’ve all seen news about the long-term decline in property sales and competition from online alternatives leading to ‘more...
04 July 2018
From: Breaking News
A 15-month research project says HMRC should do more to engage estate agents in recognising the importance of complying with anti-money...
12 April 2018
From: Breaking News
One of the most important aspects of running a successful estate or letting agency is being able to generate new business...
21 March 2018
From: Features
It’s traditional before Christmas to either review the year past or anticipate the one ahead - but I’m intrigued about what...
16 December 2017
From: Features
Some 19 per cent of estate agents in the UK currently show warning signs that indicate they are at risk of going...
31 July 2017
From: Breaking News
The government wants the views of estate agents and other professionals affected by anti-money laundering legislation, in a new consultation launched...
24 July 2017
From: Breaking News
The highest number of 'risky' mortgages issued during 2015 was in South West London, according to new analysis of the latest...
24 January 2017
From: Breaking News
The rental market has had to face a raft of changes over the past year, including the introduction of the 3% stamp...
14 January 2017
From: Features
An international accountancy consultancy says mainland Europe levies some of the highest property purchase taxes in the world - and that...
25 July 2016
From: Breaking News
We’ve been facing some pretty adverse weather recently. Gales, storms and terrible flooding in parts of the country have upturned the...
13 February 2016
From: Features
Estate agents and accountants are investigating whether there are legal ways of circumnavigating the three per cent stamp duty surcharge that...