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Category: News

‘Even estate agents hate estate agents’, claim (PIE)

London estate agent John Horton believes that many estate agents don’t even like each other and he has set out his theory as to why online.

Urgent action needed on ‘McMafia-style’ residential property transactions, warning (PIE)

Estate agents need to take urgent action to ensure they are fulfilling their anti-money laundering obligations, as new research suggested that residential property deals set off more red flags in […]

32% Of Money Laundering Alert s Involve Residential Conveyancing (TC)

New research has revealed that nearly a third of suspected anti-money laundering infringements reported to the National Crime Agency have involved property deals.

‘Just 12% of agents understand Anti Money Laundering obligations’ (PIE)

Estate agents continue to be at risk of fines from HMRC for non-compliance with the Anti-Money Laundering regulations – with widespread confusion in the industry as to requirements.

Forget the ‘spray and pray’ approach of panel managed conveyancing, agents are urged (PIE)

Agents worried about low instruction levels, high fall-through rates and the growth of online competitors should forget the “spray and pray” approach of panel-managed conveyancing.

Connells Group claims 22 per cent rise in new homes instructions (EAT)

Connells Group – which includes Connells, Sequence and other brands – says it recorded over 9,000 new homes sales in 2017.

GDPR – lawyer reveals latest changes that will affect property industry (EAT)

The General Data Protection Regulation legislation coming into effect in the UK on May 25 has undergone some subtle changes which will affect the property sector according to one of […]

Conveyancer says transaction problems down to others and not solicitors (EAT)

A law firm says the problems with housing transactions lie not with issues like fall-throughs but with “people’s general lack of understanding of how the conveyancing system works.”

Housing Minister ‘does a Trump’ by accusing trade publications of fake news (EAT)

Housing minister Dominic Raab took to Twitter to make a Trump-style criticism of trade magazine The Negotiator and its editor, the respected property journalist Nigel Lewis.

MPs back legislation to make all homes comply with minimum EPC band C (PIE)

MPs have backed a proposed Bill that could see all domestic properties bought up to a minimum energy performance certificate rating of C by 2035.

Government called to put ‘second mortgage’ scheme on hold (TC)

The government has been called to put a so called ‘second mortgage’ scheme on hold.

LeO rules out investigating complaints about unregulated providers using lawyers’ money (LF)

The Legal Ombudsman has ruled out investigating complaints about unregulated legal services, or collecting data about them, without a new source of funding.

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