Archive

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

Material information requirements should be seen by agents as a positive change, a Trading Standards investigator has claimed. Speaking to The Guild...

Financial crime within the property sector is on the rise and the stats are alarming. According to data from Apex Bridging,...

As you begin the process of property transactions in the UK, it's important to understand potential pitfalls that may result in...

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

Following the release of Material Information Parts B & C, iamproperty’s Product Manager, Tania Bonesi, shares insights on how Estate Agents...

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

Berkshire Hathaway HomeServices London has opened a new office on Sloane Avenue. It will service Knightsbridge, Belgravia, Chelsea and South Kensington. The agency...

The government should reverse some of its latest energy efficiency policies so owners, landlords and tenants can enjoy cheaper fuel bills The...

Estate agents are 54% more likely to secure a sale agreed on an off-market instruction than a property switched to them...

Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...

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

For most people, buying a house or flat is the largest financial commitment they will ever make. Which is why many...

In recent years, the UK private rented sector has witnessed a significant increase in government regulation aimed at raising standards for...

It is no secret that our climate is getting warmer. 2022 was one of the six warmest years on record globally,...

Lomond has launched a new leadership development programme. Working with coaching brand FranklinCovey, the scheme aims to develop the finest leadership talent...

Like most parts of the UK, the one I live in has a bit of a beef about parking. More precisely,...

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

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

Providing material information upfront could help agents charge higher fees and even reduce their carbon footprint, while those not complying could...

HMRC data showing more than £1m of anti-money laundering (AML) fines to estate and lettings agents should be a “wake-up call”...

Amidst mounting regulatory pressure and the escalating threat of financial crime, property firms must embrace innovation to protect themselves and their...

Property fraud is a significant risk for agents, particularly as fake IDs become increasingly prevalent, and the economic climate remains challenging....

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...

A new product to help agents meet their anti-money laundering (AML) responsibilities has launched. Lifetime Legal has unveiled Smart Compliance, which advises...

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

The dreaded ‘C word’ – compliance – has been facing Estate Agents for years now and it’s not going anywhere. Looking ahead...

Last week was the first ever National Conveyancing Week, which I hope registered with agents and perhaps you even took up...

One of the main advantages of a PropTech solution is being able to automate the time-intensive and repetitive jobs that employees...

A home linked to Douglas & Gordon chief executive James Evans is currently listed for sale at £3.5m. The property has been...

Newly established prime London property consultancy Tyburn, has reported the completion of multiple deals worth in excess of £60m in its...

London agent Chestertons has signed a deal with Forbes Global Properties, giving it access to its worldwide reach and audience of...

Two of the biggest challenges facing the property industry right now are fraud and money laundering. The scale of these activities is...

AML experts SmartSearch warn estate agents that, with so many firms still hiding behind ‘opaque corporate structures,’ proper due diligence has...

Thousands of foreign companies with property in the UK have failed to declare their true owners. It comes as new anti-money laundering (AML)...

Agents are being urged to keep an eye on their HMRC Government Gateway Account to ensure they don’t miss messages and...

The average anti-money laundering (AML) fine issued to the estate agency sector for non-compliance has started to climb, reversing the previous...

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

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

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

Most agents are falling foul of anti-money laundering (AML) rules by accident but the sector could face more compliance-related fines by...

With the ever-persistent compliance hurdles materialising within the property market, Nathan Emerson, CEO of Propertymark, speaks about how the use of...

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

Agents can now use vendor feedback from allAgents to access and print reports demonstrating how accurate their market appraisals are. The reviews...

The Government’s mini budget on September 23 was anything but ‘mini’ with several major announcements one of the most significant of...

If recent headlines are anything to go by, estate agents and the wider property industry are not just feeling the heavy...

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

HM Revenue & Customs (HMRC) recently published a list of firms that have received penalty notices for failure to meet their...

A compliance expert has warned that even though most agents will have robust anti-money laundering (AML) checks and processes in place,...

You may be thinking that cost and hassle outweighs the benefits of outsourcing, but read on, you may be surprised! The last...

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

There have been many articles about ‘digitising upfront information’, following the publication of DLUHC’s Levelling-Up white paper and National Trading Standards...

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

In this latest ‘Women in Property’ edition of the Natter, I check in with Collette Allen, who was recently appointed as...

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

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

The property industry is fortunate in including many great people, doing great work across a range of businesses – from traditional agency...

The vast majority of property professionals would like to see HMRC act more proactively to deter money laundering, as almost a...

Technology developed for the estate agency industry has advanced and expanded seismically over the past decade as software vendors develop their...

The humanitarian crisis in Ukraine continues to dominate the thoughts of our industry as this week’s ADC shows - a wonderful...

LonRes has teamed up with compliance consultancy iCompli to launch a  range of services which they say will keep estate agents...

An analysis of anti-money laundering compliance shows the estate agency industry as one of the UK’s worst performing sectors. And the expert...

Estate agents and other property businesses need to ensure their customer screening processes are robust and up to date following extensive...

A leading property lawyer says some agents will struggle to meet the demand for more ‘material information’ put forward by Trading...

Agents are being offered a free review of their compliance status between now and the end of March by a PropTech...

If the UK and its allies have been played by Russia over the Ukraine ‘invasion’, and it’s beginning to look that...

An Australian PropTech platform called PEXA aims to break into the UK property industry this year, claiming to improve transaction processes. PEXA...

The government is threatening to deny planning consent to developers who refuse to pay towards the removal of unsafe cladding on...

The UK property industry has long been a target of fraudsters due to the low levels of transparency and the fact...

The government’s new Levelling Up White Paper, revealed this morning includes a radical reshaping of the private rental sector. Section 21 eviction...

A tech company in the compliance sector claims that 25 per cent of UK estate agency branches have failed to register...

There’s been huge sale price inflation in the rarified high-end country estate market according to a buying agent. Jess Simpson, who runs...

A leading accountant is warning of a possible stamp duty change affecting residential property this year. HMRC is currently consulting on a...

A business once called “the UK’s poshest estate agent” has revealed that it’s under new management. Bective - formerly called Bective Leslie...

A PropTech firm backed by Zoopla founder Alex Chesterman has launched a new anti-money laundering (AML) tool for estate agents. Thirdfort has...

Regulators are warning the UK’s property, finance and legal sectors to be aware of the possible impacts of the exit from...

There are 19 new distinct £1m-plus property markets in the UK thanks to the soaring house prices of the past 15...

Propertymark has issued a warning to agents following the fines imposed on three property agencies by HM Revenue & Customs for...

London’s housing market may be distinctly lacklustre compared to much of the rest of the UK right now but one development...

As estate agencies are covered by Money Laundering Regulations, agents are legally obliged to take customer due diligence measures to limit...

While running customer identification and verification checks is part and parcel of the onboarding process for estate agents, under UK anti...

With property fraud on the rise and an ever-increasing number of transactions taking place in the lettings sector, having strict anti-money laundering...

Who are you and what does it say on your business card? Christopher Keen and Company Director  What is ‘company name’ and what...

The coronavirus pandemic has somewhat eclipsed Brexit this year – which is no mean feat. Cast your mind back to pre-Covid...

Welcome to part three of our ongoing series on local independent agents, as we seek to give this all-important part of...

A new estate agency in one of the country’s most widely-mocked towns has opened its doors - and is not afraid...

A leading board member of NAEA Propertymark warns a small number of rogue agents continue to flout anti-money laundering regulations - and...

The property market, and therefore, estate agents have been accused of being the 'weak link' in the UK’s money laundering defences. This...

In recent years, the extent and role of the private rented sector (PRS) in the housing market has seen significant changes. The...

A security company says it is “disappointing” the estate agency industry is only around 55 per cent through preparations to cope...

The latest government rules combined with the Prime Minister’s recent address to the nation is clear – tougher measures are required...

Are agents swimming upstream against the Electrical Safety Regulations? 3 months on from the introduction of the ‘Electrical Safety Standards in the...

Seller and landlord leads are what makes estate agency tick. Without them, new business is nowhere to be seen and you...

Prime Minister Boris Johnson has announced that all retail staff will be obliged to wear masks when working - and it's now...

The Financial Conduct Authority (FCA) has been criticised for its lack of enforcement of anti-money laundering (AML) legislation so far in...

Whilst Estate and Letting Agents have adapted their operations during COVID-19, to ensure safer working practices under Government guidance, ‘virtual property...

One of the victims of a notorious estate agency price fixing cartel has spoken out against one of the offenders.  Christina Davis...

There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...

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

Most letting agents don’t set up a business to become accountants but losing control of client money poses serious risks for...