Estate agents warned against hard copy AML checks as fraud grows
Almost two thirds of regulated firms believe hard copy documents provide reassurance a customer is genuine, latest anti-money laundering data has revealed.
Almost two thirds of regulated firms believe hard copy documents provide reassurance a customer is genuine, latest anti-money laundering data has revealed.
Over a quarter of homeowners claim that the proceeds of the property they owned with their partner were not divided fairly when they split up.
Bristol-based Alexander May has become the city’s first estate agency business to go carbon neutral and wants to help other estate agencies do the same.
The Bank of England data reveals clear signs that rising rates, economic headwinds and stubbornly low stock levels are weighing on activity.
iamproperty has acquired SDL Auctions’ portfolio of estate agency partners who use the SDL online Modern Method of Auction (MMoA) service.
The founder of an estate agency was in court last week for threatening to kill directors in shocking social media videos, and yet he took just a few minutes to breach a restraining order.
A letting agent, who left landlords more than £80,000 out of pocket, has been handed a further 34-month sentence for two counts of fraud by abuse of position.
Russell Quirk, the outspoken property industry figure, has extended his opinions, and sharp tounge, to the national airwave.
Some of the proposals within the strategy have left letting agents and private landlords feeling worried.
A message on the website currently says, “We are unable to provide a telephone service at the moment due to staff shortages.”
The property portal says that the tooling, which has just completed the pilot stage, will enable an end to end migration in three weeks.
PropTech is a rapidly expanding industry right now and there is a wealth of talent and ideas out there, according to Nathan Emerson, CEO of Propertymark.
With energy bills for a typical household set to rise to £3,549 a year on 1 October, many private landlords are no longer willing to offer tenancies that come with the cost of bills included.
Helen Sharman is just one of a number of speakers for this year’s EA Masters event, which is themed A New Dawn in Estate Agency.
Watch: Moment drone pilot threatened by man with a gun.
Turnover in its estate agency division increased by almost a third.
Estate agents report that a growing number of BTL landlords are fleeing as their sums no longer add up.
The council has already launched a landlord licensing scheme covering rental homes in parts of the city. It requires landlords to pay an £825 fee for each property to be registered and inspected.
Snippets of property industry news: Iain Powis joins Savills to head up new homes team; Chosen Home continues expansion plans; flatfair welcomes new co-CEO
Not only is the need to verify the identity of a potential buyer a legal requirement, but it can also be incredibly detrimental should they fall foul of criminal activity.