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KEYWORD "Fined" - 100 RESULTS
Estate agents and money laundering - the need for vigilance

For most of us, estate agents are key when it comes to the biggest sales and purchases of our lives. With the...

04 May 2024

From: Features

Mortgage lender wants stamp duty rebate and cash help for owners

Stamp duty rebates and cash to improve energy efficiency are being demanded by one of the country’s biggest mortgage lenders in...

26 April 2024

From: Breaking News

 AML warning as hundreds of agents hit with HMRC fines

An anti-money laundering (AML) expert has queried why there is a reluctance among estate agents to accept and follow AML responsibilities. It...

12 April 2024

From: Breaking News

PR power: Top tips to launch successful campaigns

The world of PR can feel like a crowded marketplace, where shouting your message the loudest doesn't guarantee anyone hears it....

27 March 2024

From: Features

Material Information Guidance - A Critical View

In the first of a short series of articles, David Beaumont, managing director of Compliance Matters, casts a professional eye over...

23 March 2024

From: Features

More than 3,000 estate agents at risk of fines and prison for failing to register with HMRC for AML supervision

Digital compliance specialist SmartSearch can help estate agents comply quickly and efficiently Around one in five estate agents are not registered for...

24 February 2024

From: Features

Making history fit for the future

From medieval castles to Elizabethan manor houses, Georgian townhouses and Victorian terraces, the UK’s historic buildings are central to our country’s...

10 February 2024

From: Features

Revolutionising leasehold -the road ahead for owners and managers of blocks of flats

The United Kingdom stands on the precipice of a historic overhaul in property ownership. With the King's speech unveiling the anticipated...

25 November 2023

From: Features

Client money accounting made easy with PayProp

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

26 October 2023

From: Sponsored Content

The evolution of BTR: from city blocks to suburban communities

Build to Rent (BTR) is the UK’s fastest-growing sector and this trend looks set to continue throughout 2023 and beyond. The...

23 September 2023

From: Features

Proptech firm aims to ‘redefine prospecting’ with product launch

Lead generation tool provider Spectre claims it is set to redefine prospecting with a new tool to be launched this week. The...

18 September 2023

From: Breaking News

What should agents be doing to stay compliant with AML regulations?

As money laundering compliance marks its twentieth year, more and more estate agents are being fined for breaches of HMRC’s ID...

09 September 2023

From: Features

Street unveils AI tool to create unique property descriptions

Agency software and CRM provider Street.co.uk has launched a new artificial intelligence (AI) to help users write property descriptions. Street AI uses...

17 August 2023

From: Breaking News

One in 10 who have home renovations aren't happy with the outcome

An improvement is defined by the Cambridge dictionary as ‘an occasion when something gets better or when you make it better’. ...

26 July 2023

From: Features

Independent agent expands into Ascot market

Agency brand Hat and Home has launched a new branch in Ascot that will be led by Paul Price. He joins the...

25 July 2023

From: Breaking News

Estate agency AML fines on the rise

The average anti-money laundering (AML) fine issued to estate agents for non-compliance so far during 2022/23 has already crept beyond the...

19 July 2023

From: Breaking News

Estate agents need to know: How can digital ID tools help you with AML?

Tackling economic crime is part of the day job for estate agents. But how can the latest digital ID tools help...

12 July 2023

From: Features

Don't fall foul of these laws of nature

Whether at home or abroad, here are some top tips to prevent homeowners from breaking common garden laws and rules this...

01 July 2023

From: Features

Agents face a 'perfect storm' for money laundering

Recent research estimated that up to £100 billion is being stolen in the UK each year, with much of it due...

22 April 2023

From: Features

New agency AML product aims to reduce risk of fines

Sales progression service ASAP has launched a new anti-money laundering (AML) product to help agents comply with due diligence requirements and...

20 April 2023

From: Breaking News

Agents using AI are 25% more successful than those that don’t.

2023 has been coined as ‘the year of AI adoption’, and with this technology trickling down to almost every sector, its...

07 March 2023

From: Sponsored Content

Agent slams Scottish Labour’s £1 homes scheme

A promise to sell homes for £1 by Scottish Labour has been labelled as a “politically led housing gimmick” by estate...

23 February 2023

From: Breaking News

What is keeping estate agents awake at night in 2023?

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

New agency launches after merger of two existing firms

A new estate agency called WS Residential has been launched in Yorkshire, following a merger between a consultancy and an existing...

14 February 2023

From: Breaking News

Penalised Stamp Duty critic returns to theme of “we pay too much”

A well known critic of stamp duty has returned to his long-standing theme of querying whether buyers have paid too much...

14 February 2023

From: Breaking News

Downsizing on the rise amid cost of living crisis

Record energy bills and the cost-of-living crisis has prompted a surge in downsizing activity over the past 12 months, new research...

03 February 2023

From: Breaking News

Spectre unveils AI tool for agency prospecting

Artificial intelligence (AI) tools are making their way into the estate agency sector. Many people will be aware of the ChatGPT AI...

18 January 2023

From: Breaking News

AML 'oversights' push up agency fines - claim

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

24 agency brands among latest firms fined for AML breaches

HMRC fined 24 estate agency and property businesses for anti-money laundering (AML) breaches between April and June 2022, new figures show. The...

16 December 2022

From: Breaking News

Propertymark unveils compliance service to help agents avoid fines

Propertymark has launched a new compliance service for its member agents. The offering, called Calm about Compliance, will see experienced auditors advise,...

14 December 2022

From: Breaking News

Avoiding the threat of fines: what’s often missed in the AML process

HMRC has fined estate agents over £500,000 for anti-money laundering (AML) breaches in the past two months. Yet despite property managers...

26 November 2022

From: Features

The importance of recognising sales progression talent

The sales progression function is what binds the whole property transaction together and the importance of effective sales progression in the...

05 November 2022

From: Features

Agents must take AML seriously after huge HMRC crackdown

Dozens of estate agents have been fined a combined total of £519,645 for failing to meet their obligations under anti-money laundering...

02 November 2022

From: Features

Conveyancing needs its digital enablement moment

Conveyancing is an integral part of the house buying and selling process. But it is a slow process, with the length...

26 October 2022

From: Features

Problems setting up a client account? Here's what to do

Over the last few months, The Letting Partnership has seen an increase in calls from agents who are struggling to open...

22 October 2022

From: Features

Now automation can help protect the property market

Over the last five years, the Government has introduced a range of measures to regulate the property market, particularly in the...

12 October 2022

From: Features

AML fines! Cases opened against Propertymark agents

Trade body Propertymark has revealed that it has opened compliance cases against a small number of members following the latest HMRC...

12 October 2022

From: Breaking News

Regional agent rebrands as it plans national expansion

Regional estate agency Bradley Hall has undergone a rebrand as it looks to expand its presence beyond the North East and...

10 October 2022

From: Breaking News

Property Natter - why housing must always have a seat at the top table

First off, my own quick tribute to the Queen, who died on Thursday afternoon aged 96. Despite her age and declining...

10 September 2022

From: Features

Forced into a corner with your CRM?

Choosing the right technology platform for your agency is hard. Getting it wrong is easy. The last thing you need is to...

06 September 2022

From: Sponsored Content

Down valuations may start hitting conveyancer caseloads -warning  

Conveyancing caseloads remain 34% up on pre-pandemic levels and could become more complex as the market tightens, Search Acumen warns. The conveyancing...

26 August 2022

From: Breaking News

Uncertainty remains over housing’s importance to new PM, says expert

A property expert has claimed that it remains to be seen where housing will feature in the upcoming political agenda. Nicky Stevenson,...

12 August 2022

From: Breaking News

Five of the best tips and tricks for running a successful lettings business

Have you ever noticed that it is much easier to fix other people's problems than your own? Whether it is resolving a friend's...

09 August 2022

From: Recruitment & Business Matters

Opinion: how can the UK adapt and prepare for future heatwaves?

A few weeks ago, we saw widespread disruption due to record breaking 40°C heat in the UK. The extreme temperatures caused...

06 August 2022

From: Features

Messy gardens & dangerous décor: 10 ways first-time buyers can be fined up to £5,000

As Britain’s housing boom continues,  SDL Property Auctions has warned of ten ways new homeowners could be fined up to £5,000...

26 July 2022

From: Legislation & Compliance

Three regulatory updates agents need to know about in 2022

A wide range of upcoming legislative changes will affect the private rented sector. From new carbon monoxide alarm regulations to renters...

16 July 2022

From: Features

Purplebricks delays publication of annual accounts

Purplebricks has pushed back the publication of its annual accounts. The online agent’s full year results were due to be published on...

29 June 2022

From: Breaking News

Super rich returning to London property market

Upmarket agent Beauchamp Estates has hailed the return of wealthy buyers to London after selling the home of two former Lebanon...

24 June 2022

From: Breaking News

Time is running out for legacy customer checks

As another round of property firms is fined, named and shamed for breaching anti-money laundering rules, it feels like the road...

18 June 2022

From: Features

Why your agency needs a holistic digital transformation strategy

The digital transformation of the property industry is not a new chapter, but an ongoing journey in which the winners are...

18 June 2022

From: Features

Opinion: Fairer lettings are not a horror story

The government’s Fairer Private Rented Sector White Paper has initially caused some consternation and a strong adverse reaction from some within...

18 June 2022

From: Features

Property Natter: ‘the only way to bring about change is to be proactive’

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

40% of property firms fined For AML breaches had 'refused help'

Many of the property firms recently fined for anti-money laundering (AML) breaches have previously turned down help, Credas claims. It was revealed...

26 May 2022

From: Breaking News

Purplebricks reveals drop in new instructions

Purplebricks has revealed a drop in instructions so far this year. The online agency brand issued a trading update this morning for...

25 May 2022

From: Breaking News

HMRC shows its teeth with bumper AML fines for agents

More than 30 agents and property firms such as auction houses and valuers were reprimanded by HMRC for anti-money laundering breaches...

17 May 2022

From: Breaking News

EweMove sets out three-year franchise growth plan

EweMove managing director Nick Neill has set out plans to double the size of the franchise network by 2025 as the brand’s...

26 April 2022

From: Breaking News

The death of data migration – is there a solution for agents?

One of the most valuable assets to any company is the data it stores. According to a recent study completed by...

30 March 2022

From: Features

Agent, 20, reports herself to police for drink-driving

A 20 year old estate agent who admitted being four times over the drink driving limit has been fined and banned...

07 March 2022

From: Breaking News

Introducing Reapit Elements

Reapit Elements is an open-source, cross-platform design system that gives designers and developers a framework to quickly create responsive, device-agnostic, and...

18 February 2022

From: Sponsored Content

A day in the life of a Sales and Investment Consultant

From first-time buyers to serial investors, no two days are ever the same for a Sales and Investment Consultant at Walton...

15 January 2022

From: Features

Portal targets ‘eager movers’ in bid to end stock supply shortage

Zoopla’s chief operating officer says the portal has made progress for agents in 2021 but recognises there’s more to do next...

29 December 2021

From: Breaking News

Purplebricks delays report to shareholders after latest legal crisis

Purplebricks is delaying release of its half-year figures which were scheduled to be given to shareholders tomorrow. This follows revelations in the Daily...

13 December 2021

From: Breaking News

How technology can shape the customer experience beyond 2021

2021 redefined what it meant to offer exceptional customer experiences for consumers across multiple industries, but particularly for the residential property...

13 October 2021

From: Features

Exclusive: £5m to be spent on self-employed agents in 100 areas

An online operator called Nested is to spend £5m to promote the self-employed estate agency concept in 100 parts of the...

30 September 2021

From: Breaking News

Property Tax Threat: Labour hints at rises to pay for social care

Labour leader Sir Keir Starmer has hinted for the second time that he is looking towards property to help fund his...

27 September 2021

From: Breaking News

Estate agency scandal shows Trading Standards work is vital - claim

The work of the National Trading Standards Estate and Letting Agency Team is “vital” it claims - and the case of the...

27 August 2021

From: Breaking News

Banned estate agent given custodial sentence

A banned West Midlands estate agent has today been sentenced to a custodial sentence of six weeks, suspended for two years, and fined £4,000 at Wolverhampton Crown Court after pleading guilty...

26 August 2021

From: Breaking News

Agents fined by HMRC for breaches of anti-money laundering rules

Three property agents feature on the latest list of businesses in trouble for failing to comply with money laundering regulations. The list...

17 August 2021

From: Breaking News

Exclusive: ‘Realtor franchise’ scheme launched by long-standing agency

An estate agency is celebrating its 21st anniversary by launching a new ‘realtor’ franchise model based on enhanced technology and personalised...

13 August 2021

From: Breaking News

Manage your lettings activity with  Task Plans in Reapit’s AgencyCloud

Trust the process: subscribe your landlords and tenants to Task Plans and receive automated prompts when it’s the right time to...

05 August 2021

From: Sponsored Content

Why it pays for landlords to have a property manager

Around 2.66 million landlords were operational in Great Britain in 2019, according to data estimations previously released by Hamptons International. Of those...

28 July 2021

From: Features

Agency whistleblowers receive new guidance from watchdog

New guidance has been issued by the Competitions and Markets Authority for whistleblowers who want to report anti-competitive practices by their...

19 July 2021

From: Breaking News

Transactions time – how long and how much of a difference can agents make?

Anyone working in residential property knows it is taking longer and longer to get from SSTC (sold subject to contract) to...

10 July 2021

From: Features

England player is early graduate of estate agency academy

A former England international is an early graduate of a new estate agency academy in Yorkshire. Rebecca Rayner, a former England under-18...

08 July 2021

From: Breaking News

OnTheMarket success: agency numbers up, in profit, repays furlough

OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...

08 June 2021

From: Breaking News

Leaving the EU does not mean leaving Anti-Money Laundering Laws behind

Brexit means that the UK’s anti-money laundering laws are no longer governed by the European Union (EU), but any estate agents...

10 May 2021

From: Sponsored Content

New guidance to agents over Dual Fees and vendor dis-instruction

Agents are being advised on what course of action they should take to safeguard their right to fees should they be dis-instructed...

29 April 2021

From: Breaking News

Prince Philip: how the property landscape changed during his century

For many, the funeral of HRH Prince Philip will be a solemn affair, while for some it will also be a...

17 April 2021

From: Features

Phil Spencer: High Streets reopen - so what now for agency branches?

Today is the day that non-essential retail reopens as part of the government's roadmap out of lockdown. For the majority of the...

12 April 2021

From: Breaking News

Anti-stamp duty campaigner fined … for stamp duty avoidance

One of the most outspoken campaigners against stamp duty has been fined for avoiding tens of thousands of pounds in … stamp...

07 April 2021

From: Breaking News

Countrywide: Where did it all go wrong? A former insider gives his view...

This week’s interviewee in the ‘In Conversation Today’ hotseat is a man better placed than most to shed some light on...

18 March 2021

From: Breaking News

Game Over for Propertymark? What future after shock resignations?

Members of Propertymark are left wondering today what if any future there is for the industry’s trade body. The shock resignation yesterday...

18 February 2021

From: Breaking News

HMRC names agencies breaching anti-money laundering processes

Estate agencies have been named by HM Revenue & Customs for breaching anti-money laundering regulations. The list of those breaching the rules...

12 January 2021

From: Breaking News

Many firms sceptical of automated anti-money laundering systems

Over a fifth of key businesses say they do not trust any element at all of automated anti-money laundering checks and...

06 November 2020

From: Breaking News

Agents offered ‘leniency options’ to confess about industry cartels

New guidance spells out how leniency can be exercised on agencies or individuals who inform on anti-competition cartels of the kind that...

05 November 2020

From: Breaking News

Top tips for creating engaging blog content

Putting fingers to keyboard to create blogs and articles isn’t always the easiest job for agents, particularly when meetings, viewings and...

27 October 2020

From: Marketing & Social Media

New warning to estate agents over illegal price-fixing

The estate agency industry is still under the spotlight for possible illegal price fixing cartels according to the Competition and Markets...

11 September 2020

From: Breaking News

How will new mandatory survey standards improve the moving process?

From December, the new RICS Home Survey Standard will become mandatory for all RICS professionals undertaking home surveys. The below article explains...

02 September 2020

From: Features

Good News: Negative equity threat “far lower” than after 2008 recession

There’s good news from the think-tank the Resolution Foundation, which says the threat of negative equity because of the Coronavirus crisis...

02 September 2020

From: Breaking News

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

Celebrating the different side of estate agency

Difference should be celebrated. But in our industry it rarely is. I was on the board of a large corporate where...

22 July 2020

From: Features

Countrywide: who will be the next leader of ailing company?

The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...

22 July 2020

From: Breaking News

Improving collaboration between the parties involved in property transactions is key to delivering faster transactions and reducing fall throughs, but how can collaboration help Agents and how does mio help?

Collaboration creates a bigger market Iain White, of the Innovation Collaboration Group “the Estate Agency industry must recognise that collaboration will...

30 June 2020

From: Sponsored Content

Sales progression – Why? How? Let’s get better

With three months of lockdown behind us, commission income is vital, and sales progression is more important than ever. Emma Vigus, Managing...

27 June 2020

From: Features

The single version of the truth - myth or reality?

Imagine a Zoom call where ten people are discussing the same topic, but everyone speaks a different language and has a...

17 June 2020

From: Features

Another agency chief targeted by CMA for future disqualification

The Competition and Markets Authority - which yesterday announced it had disqualified two estate agency directors for their parts in a...

16 June 2020

From: Breaking News

20 Years of LonRes - The changing face of prime central London

How prime London has changed. In 2002 work began on The Knightsbridge. Located within a stone’s throw of Harrods and a near-neighbour...

06 June 2020

From: Features

Don't give in to buyers wanting viewings, agents told

There’s been a surge in buyers wanting to view properties - but agents must sit on their hands and wait for...

12 May 2020

From: Breaking News

Viewings hit by the virus? Agents offered unique ‘virtual alternative’

A Spanish housebuilder’s bespoke system to allow prospective buyers to view properties without visiting is being offered to the UK agency...

13 March 2020

From: Breaking News

Agents asked to confess if their firm has been price-fixing

A new call has been issued this morning by the Competition and Markets Authority for estate agents to confess if their...

25 February 2020

From: Breaking News

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