In this latest article from the team at Iceberg Digital, they discuss how the digital realm is transforming Estate Agency. The...
Archive
24 April 2024
From: Breaking News
Regulated firms across all sectors will be well aware of Know Your Customer (KYC) checks and their importance in combatting financial...
13 April 2024
From: Features
Fraud poses a significant challenge for residential conveyancers, with criminals often attempting to exploit the transaction process for money laundering purposes. The...
13 April 2024
From: Features
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
Financial crime within the property sector is on the rise and the stats are alarming. According to data from Apex Bridging,...
23 March 2024
From: Features
Regulated firms, particularly estate agents, who take on new business clients are leaving themselves exposed to serious red flags by not...
22 March 2024
From: Breaking News
As you begin the process of property transactions in the UK, it's important to understand potential pitfalls that may result in...
16 March 2024
From: Features
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
OneDome is offering free digital know-your-customer (KYC) and anti-money laundering (AML) checks for estate agents using its various home buying services. The...
28 February 2024
From: Breaking News
Just one estate agency has signed up to become a UK-regulated agent to verify overseas entities for property ownership. The Register of...
27 February 2024
From: Breaking News
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
Client compliance platform Thirdfort has launched its updated Secure share product to help estate agents boost referrals through the secure sharing...
06 February 2024
From: Breaking News
A digital divide has emerged when it comes to moving home. Research by anti-money laundering (AML) platform Thirdfort has found that 46%)...
02 February 2024
From: Breaking News
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
Homeowners in the East Midlands, North East, North West and Scotland may be at higher risk of property fraud, research suggests. Anti-money...
22 December 2023
From: Breaking News
Consumer willingness to pay to speed up transaction timeframes is on the rise, research suggests. A survey by iamproperty has found 88%...
11 December 2023
From: Breaking News
Anti-money laundering platform (AML) Credas Technologies has launched a material information function, helping estate agents to get ahead of the latest...
11 December 2023
From: Breaking News
SmartSearch looks at the importance of incorporating Source of Funds checks into KYC processes It is no secret that the UK property...
29 November 2023
From: Features
Estate agents spend almost half their working day chasing or being chased for issues as a new report highlights concerns about...
24 November 2023
From: Breaking News
Estate agents are among falling numbers of regulated firms that aren’t checking sanctions and politically exposed persons (PEP) lists, research suggests. A...
23 November 2023
From: Breaking News
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
The conveyancing process has been highlighted as a key pain point among buyers in the property transaction process. Research by anti-money laundering...
02 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
Leading digital compliance firm SmartSearch has launched an innovative new solution to help professionals working within the UK property sector to...
30 September 2023
From: Features
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
Compliancy expert Legal Eye has launched a new product to help agents ensure they are properly following all rules and regulations. Its...
19 September 2023
From: Breaking News
OnTheMarket Software has announced an integration with digital ID and source of funds provider Thirdfort. The digital ID, anti-money laundering and source...
18 September 2023
From: Breaking News
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
UK homebuyers have expressed support for more digital tools to reduce the administrative burden of purchasing a property yet few have...
29 August 2023
From: Breaking News
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 Council for Licensed Conveyancers (CLC) has warned it is receiving “too many complaints” about breaches of undertakings by solicitors. The regulator...
09 August 2023
From: Breaking News
Client onboarding and verification tool LandmarkAgent has announce a strategic partnership with CRM provider Street.co.uk. The collaboration will enable agency users to...
09 August 2023
From: Breaking News
Agents are being urged to increase their efforts when it comes to checking documents to avoid potential claims. Paul Offley, compliance officer...
02 August 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
Sales management hub mio has launched a new video series featuring compliance consultant and industry trainer Michael Day from Integra Property...
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
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
Propertymark is working with an Anti-Money Laundering service to stage a webinar for agents wanting to know more about compliance. At the...
10 July 2023
From: Breaking News
Increasing numbers of homeowners are signing up to a property alert scheme to protect against fraudulent property transactions. New figures obtained from...
04 July 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
The Able Agent, has launched a new sales progression course and qualification, designed to raise industry standards and put a spotlight...
21 June 2023
From: Breaking News
Increasing numbers of estate agents are submitting suspicious activity reports (SARS) but questions are being raised about whether there should be...
15 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
Agency-backed anti-money laundering platform Thirdfort is celebrating reaching 1m downloads of its app. Thirdfort, backed by Knight Frank, Chestertons and Savills’ proptech...
06 June 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
Conveyancing software provider Smoove’s flagship agency product has been “paused.” Smoove Start was launched last year, providing a platform for agents to...
03 May 2023
From: Breaking News
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
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
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
New data shows that a large majority of compliance professionals are worried about the crypto-currency related money laundering. The survey, which gathered...
14 April 2023
From: Breaking News
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
Agents are being warned that they risk financial and reputational costs by continuing to rely on manual methods of identity verification. It...
30 March 2023
From: Breaking News
Agents are being urged to ensure they are up to speed with anti-money laundering (AML) requirements as the market enters its...
24 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
Zoopla has become the latest accredited supplier of the New Homes Quality Board (NHQB) for its software that supports housebuilders. It come...
02 March 2023
From: Breaking News
Agents using Reapit’s services can now access anti-money laundering (AML) platform Thirdfort. The provider has been added to Reapit’s AppMarket. It means Reapit...
27 February 2023
From: Breaking News
SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings and sanctions...
25 February 2023
From: Features
Property professionals have given their backing to the idea of a universal digital identity for buyers and sellers to speed up...
22 February 2023
From: Breaking News
A majority of Estate Agent Today readers have revealed they do not charge for anti-money laundering checks but around a quarter...
15 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
AML experts SmartSearch warn estate agents that, with so many firms still hiding behind ‘opaque corporate structures,’ proper due diligence has...
11 February 2023
From: Features
Purplebricks has begun charging buyers and sellers a £60 fee for anti-money laundering (AML) checks. An online message to potential buyers interested...
08 February 2023
From: Breaking News
Thousands of foreign companies with property in the UK have failed to declare their true owners. It comes as new anti-money laundering (AML)...
02 February 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
Buyers should be mindful about the rise of so called ‘Insta-agents,’ a property body has warned. The National Association of Property Buyers...
17 January 2023
From: Breaking News
FCS Compliance and the National Crime Agency (NCA) have joined forces to present the first Rightmove anti-money laundering (AML) webinar of...
17 January 2023
From: Breaking News
Housebuilder Persimmon has signed a multi-year software contract with Zoopla. It follows the launch of Zoopla for Housebuilders in July, a new...
11 January 2023
From: Breaking News
Sanctions against Russian oligarchs are working but agents and property professionals are being warned against getting complacent when checking international buyer...
06 January 2023
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
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
It has been another busy month for job moves in the estate agency sector. Here are some of the latest moves that...
30 November 2022
From: Breaking News
The number of anti-money laundering (AML) checks by agents declined in the third quarter but looks se to be up by...
29 November 2022
From: Breaking News
Northern Ireland has been named as a potential hotspot for money laundering. New data from anti-money laundering software provider SmartSearch has identified...
28 November 2022
From: Breaking News
OnTheMarket Group has launched its own proprietary customer relationship management (CRM) platform for estate agents following a successful trial period. TecCRM, which...
28 November 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
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
Anti-money laundering platform Credas has integrated open banking technology as part of its agent-facing proposition. Open banking lets consumers securely share their...
07 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
A former estate agent has launched a white-labelled sales progression tool for the industry after his own experiences of purchasing a...
27 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
Agency-backed risk management platform Thirdfort has partnered with insurance brokers Mint to provide policyholders with access to anti-money laundering (AML) and...
18 October 2022
From: Breaking News
The Government’s mini budget on September 23 was anything but ‘mini’ with several major announcements one of the most significant of...
17 October 2022
From: Sponsored Content
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 are ‘wrongly’ relying on hard copies of identity documents to verify people’s identities in anti-money laundering (AML) checks, new research...
31 August 2022
From: Breaking News
Almost a quarter of buyers have claimed they were not asked to verify their identity when purchasing a property, a survey...
30 August 2022
From: Breaking News
Purplebricks has recruited Helen Martin to the newly created role of group director of risk and compliance. It comes as the beleaguered...
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
It’s taken Russia’s invasion of Ukraine for the UK to finally take a much-needed step in the right direction to stop...
13 August 2022
From: Features
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
Smart conveyancers are making themselves indispensable to estate agents by doing their due diligence for them. Until now, estate agents and conveyancers...