Last year was not one for the faint hearted. Now, at last, the market appears to be experiencing a gradual uptick. Recent...
Archive
Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...
06 March 2024
From: Breaking News
Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data...
01 March 2024
From: Breaking News
The administration of collapsed agency brand Douglas & Gordon has been extended by a year. Douglas & Gordon called in Grant Thornton...
26 February 2024
From: Breaking News
When is a landlord a business, and when is (s)he not a business? I’m not referring to landlords who have gone down...
24 February 2024
From: Features
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
Property sales fell for the fourth consecutive month in December and ended the year at 1.02m, HMRC data suggests. The latest property...
01 February 2024
From: Breaking News
Calling all self-employed property professionals! With only one week to go until the 31 January self assessment deadline, the 3.8 million people...
27 January 2024
From: Features
Rightmove and FCS Compliance have launched the latest in their series of anti-money laundering (AML) webinars. The events are free for Rightmove...
19 January 2024
From: Breaking News
Happy New Year and welcome to what’s looking like a busy - perhaps even hectic - 2024! I thought it worth running...
15 January 2024
From: Breaking News
Average house prices ended 2023 down 1.8%, according to Nationwide. The lender’s December House Price Index, based on its own mortgage lending...
02 January 2024
From: Breaking News
There are now less than 40 days until self-employed property professionals will need to submit their self-assessment tax return, and pay...
23 December 2023
From: Features
HMRC recorded the slowest October for property sales since 2021 last month. The latest property transaction figures from the taxman estimates that...
01 December 2023
From: Breaking News
Swimming pools, both indoor and outdoor, his and her bathrooms, accommodation for staff, and endless tech-powered gadgets are just some of...
25 November 2023
From: Features
Estate agents are being reminded of their anti-money laundering (AML) responsibilities. It comes after HMRC has seen a rise in new applications...
20 November 2023
From: Breaking News
By Jashoda Pindoria, Head of Self Assessment Operations, HMRC Self Assessment need not be daunting with HMRC’s simple steps on getting started....
04 November 2023
From: Features
The number of property sales recorded by HMRC is at its lowest level for almost a decade. New HMRC property transactions data...
01 November 2023
From: Breaking News
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
Inheritance Tax receipts for April to September 2023 have soared to £3.9 billion, some £0.4 billion higher than the same period...
24 October 2023
From: Breaking News
It's emerged that Homes England and HMRC have explored possible fraud within the Help to Buy Equity Loan Scheme. This formed part of...
20 October 2023
From: Breaking News
House price growth fell to its lowest annual rate since 2012 in August, official data shows. The latest Land Registry House Price...
19 October 2023
From: Breaking News
Property sales and mortgage approvals both fell annually in August, official data shows. Figures from HMRC show UK residential transactions were down...
02 October 2023
From: Breaking News
It looks like more families are to be hit with inheritance tax in 2023/4 according to a new forecast. Research from the...
26 September 2023
From: Breaking News
As an Estate Agent it’s important to be able to interpret and understand the information that a Title Deed document presents...
20 September 2023
From: Features
Estate agency has changed. No longer is it required to sit in a high street office working the old way. Provide a...
12 September 2023
From: Sponsored Content
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
Agents insist the market is still moving – albeit among cash buyers – after HMRC data shows another dip in sales activity. HMRC’s...
01 September 2023
From: Breaking News
The term mixed-tenure development usually refers to residential developments where different residential tenures are provided on the same site. Typically, tenure was...
30 August 2023
From: Sponsored Content
For most people, buying a house or flat is the largest financial commitment they will ever make. Which is why many...
26 August 2023
From: Features
Over 20,000 UK agency branches have now registered with HMRC for anti-money laundering supervision. A new analysis from risk management platform Thirdfort...
14 August 2023
From: Breaking News
The Property Franchise Group (TPFG) has said its multiple income streams will help it navigate the uncertain markets after it revealed...
03 August 2023
From: Breaking News
HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...
31 July 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
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
Success with your chosen CRM solution should not be a one-and-done package. Once you team up with a stellar CRM provider,...
17 July 2023
From: Sponsored Content
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
CRMs can be superheroes for your business, but not all of them possess the necessary powers to save the day. As...
11 July 2023
From: Sponsored Content
The property market had its quietest May for sales excluding the pandemic for at least a decade, HMRC data suggests. Provisional seasonally-adjusted...
03 July 2023
From: Breaking News
The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...
27 June 2023
From: Breaking News
CRM provider Street.co.uk has partnered with Smart Compliance to give agents access to its tools. With the integration of Smart Compliance into...
26 June 2023
From: Breaking News
Anti-money laundering (AML) specialist FCS Compliance has unveiled the latest in its series of collaborative webinars with Rightmove. The next session on...
26 June 2023
From: Breaking News
HMRC data showing more than £1m of anti-money laundering (AML) fines to estate and lettings agents should be a “wake-up call”...
13 June 2023
From: Breaking News
Spicerhaart’s non-executive chairman John Spence has received a special achievement award after announcing his retirement from the board after more than...
12 June 2023
From: Breaking News
Experienced agency owners mustn’t let their teams get carried away during the good times in the property market, senior industry executives...
09 June 2023
From: Breaking News
They dropped like a stone - that’s the verdict on property sales from a leading business analyst. Sarah Coles of Hargreaves Lansdown...
01 June 2023
From: Breaking News
Following publication of the Renter’s Reform Bill and the media coverage surrounding it, many agents and their landlords will understandably have...
27 May 2023
From: Features
The company behind Keller Williams' Evolve Market Centre - TBF Centres - has entered voluntary liqudation, Companies House documents show. It comes...
18 May 2023
From: Breaking News
Property fraud is a significant risk for agents, particularly as fake IDs become increasingly prevalent, and the economic climate remains challenging....
06 May 2023
From: Features
Property sales slowed annually during March but appear to have bounced back on a monthly basis, according to HMRC estimates. It follows...
02 May 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
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
A new product to help agents meet their anti-money laundering (AML) responsibilities has launched. Lifetime Legal has unveiled Smart Compliance, which advises...
21 April 2023
From: Breaking News
The majority of estate agents are in the dark about the Government’s Economic Crime Levy (ECL), when it was implemented or...
19 April 2023
From: Breaking News
The dreaded ‘C word’ – compliance – has been facing Estate Agents for years now and it’s not going anywhere. Looking ahead...
15 April 2023
From: Features
Agents of all sizes are being urged to make themselves aware of a new anti-money laundering (AML) charge that has come...
11 April 2023
From: Breaking News
February marked the slowest month for residential transactions in almost a decade, HMRC data suggests. New HMRC transaction figures shows the taxman...
22 March 2023
From: Breaking News
Companies that own UK residential properties have under a month to revalue and tell HMRC if any are worth more than...
07 March 2023
From: Breaking News
Black mould associated with condensation is becoming an increasing problem for homes in the UK and following the tragic death of...
24 February 2023
From: Sponsored Content
The level of property sales in the UK is declining, HMRC has suggested, after it revealed that transactions dipped for the...
22 February 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
Agents sold 14.7% fewer properties during 2022 amid the end of the Stamp Duty holiday and increased economic uncertainty, HMRC figures...
25 January 2023
From: Breaking News
Agents are being urged to keep an eye on their HMRC Government Gateway Account to ensure they don’t miss messages and...
19 January 2023
From: Breaking News
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
Property sales are yet to decline amid higher mortgage rates and the cost of living crisis but there are signs of...
22 December 2022
From: Breaking News
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
As we move closer to the end of the year, we invariably begin to think of what 2023 will bring, how...
10 December 2022
From: Features
Collapsed challenger portal Boomin has officially named its liquidator as company documents this morning outlined a deficiency of almost £10m in...
02 December 2022
From: Breaking News
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
Property transactions dipped in October but remain above pre-pandemic levels, HMRC data shows. The latest property transactions report from the taxman -...
23 November 2022
From: Breaking News
Aside from all the news surrounding the Autumn Statement this week, which will have a significant bearing on the property market...
19 November 2022
From: Features
Collapsed online agent Doorsteps owes more than half a million pounds to company creditors including Rightmove, HMRC and the Treasury, documents...
16 November 2022
From: Breaking News
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
With the ever-persistent compliance hurdles materialising within the property market, Nathan Emerson, CEO of Propertymark, speaks about how the use of...
03 November 2022
From: Breaking News
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
Property buyers aiming to reduce their Stamp Duty bill with “mixed-use” purchases are being warned that HMRC is sniffing out those...
26 October 2022
From: Breaking News
UK property sales fell by around a third last month and were flat on a monthly basis, new figures show. HMRC’s latest...
24 October 2022
From: Breaking News
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
If recent headlines are anything to go by, estate agents and the wider property industry are not just feeling the heavy...
15 October 2022
From: Features
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
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
FCS Compliance has announced the latest in its anti-money laundering (AML) series of webinars with Rightmove. The latest is titled The Role...
06 October 2022
From: Breaking News
Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...
22 September 2022
From: Breaking News
Agents have been warned that they risk letting down their clients by denying the prospect of a housing market correction. Charlie Lamdin,...
24 August 2022
From: Breaking News
I am somewhat disappointed, yet not surprised, when I see the headlines ‘blaming’ various fractions of a property transaction as the...
24 August 2022
From: Breaking News
July was the most active month for home sales so far this year but agents acknowledge that a slowdown is coming. The...
24 August 2022
From: Breaking News
HM Revenue & Customs (HMRC) recently published a list of firms that have received penalty notices for failure to meet their...
17 August 2022
From: Sponsored Content
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
A compliance expert has warned that even though most agents will have robust anti-money laundering (AML) checks and processes in place,...
04 August 2022
From: Breaking News
Anti-money laundering (AML) platform Thirdfort has secured funding from three high profile estate agents. Knight Frank, Chestertons and Savills’ proptech subsidiary Grosvenor...
27 July 2022
From: Breaking News
House price indices may be reporting record rises but sales seem to be slowing. The latest HMRC property transactions data for June...
22 July 2022
From: Breaking News
Agents are being given the chance to learn how to improve their anti-money laundering (AML) processes from a veteran police investigator. Rightmove...
13 July 2022
From: Breaking News
Renewed calls are being made for an “urgent review” of stamp duty as research shows rising house prices mean first-time buyers...
22 June 2022
From: Breaking News
The number of property transactions continues to rise despite the cost of living crisis and remain higher than pre-pandemic levels, HMRC...
22 June 2022
From: Breaking News
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
Four estate agents have had their anti-money laundering (AML) registrations cancelled by HMRC so far this year. The taxman has published its...
09 June 2022
From: Breaking News
Anti-money laundering (AML) platform Credas is hosting a free lunch and learn session for estate agents in south Wales and south-west...
06 June 2022
From: Breaking News
New homeowners are being warned about cold calls from scammers advising them to make speculated stamp duty refund claims. The warning comes...
06 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
Many of the property firms recently fined for anti-money laundering (AML) breaches have previously turned down help, Credas claims. It was revealed...