Agents warned over referral fees: You’re in the last-chance saloon (EAT)
Estate agents have been warned that if new guidance over referral fees is not taken seriously, they could be faced with an outright ban.
Lawyers accuse agents of failing to comply with CPRs over leaseholds (EAT)
The Law Society claims that the unforeseen charges faced by some purchasers of leasehold properties could be addressed “if developers and estate agents complied with consumer protection regulations” by providing […]
Secret Owners Have Purchased Over 95,000 UK Homes (TC)
Despite increased attempts to crack down on money laundering, the opaque and murky reality of UK property ownership was made clear this weekend with the announcement that more than £56 […]
Report Recommendations Set To Eradicate Leasehold Scourge (TC)
The government have made a public declaration that it would be legally possible to introduce legislation to remove onerous and unfair ground rents in existing leases.
SRA renews attack on firms ignoring ‘dirty money’ rules (LSG)
Regulators are to demand that hundreds of firms explain exactly what they are doing to comply with money laundering rules – with tough penalties promised for those falling short.