Archive

Propertymark is urging the government to tackle the problem of banks closing down undesignated or pooled client accounts of letting agents. HM...

Propertymark says the regulation of property agents and the creation of a statutory Code of Practice can improve the transparency of...

The benefits for letting agents to outsource their client accounting is well documented, however with an increasing number of options available,...

PropTech supplier Lettspay has launched a new client account banking service for letting agents and property managers in partnership with Griffin...

A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

It’s vital for agents to have a process in place to check documentation received at their office, to avoid potential claims.  This...

The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...

The Property Redress Scheme has released its latest list of expelled agents - mostly for rental misdemeanours and/or failure to pay...

Although Purplebricks’s Scottish lettings book was sold in a deal over the Bank Holiday weekend, there remains uncertainty over the rest...

Atomic Consultancy, the specialist acquisition management business, believes that 2023 is likely to present significant opportunities for those looking to sell...

Propertymark says banks are still misinterpreting Anti-Money Laundering rules regarding pooled client accounts, making life difficult for letting agents.  The trade body...

Lucy Noonan, founder of Atomic Consultancy, reviews how partnering with Atomic can help property and lettings companies buy or sell their...

Propertymark says it’s opened compliance cases against five member agencies following the latest HMRC publication of businesses who have failed to...

Propertymark is urging lettings agents to familiarise themselves with recent updated guidance to avoid falling into non-compliance. The trade body says updated...

Trading Standards is calling for more due diligence checks to be made following the jailing of a rogue letting agent for...

Rightmove hosts its latest anti-money laundering webinar next week. The hour-long session at 10am on Tuesday July 19 - a week today...

The UK lettings and estate agency is being targeted by crime syndicates in order to launder dirty money. That’s the claim of...

An anti-money laundering service has linked with a lettings software specialist. The alliance between FCS Compliance and  Rent4sure will provide Rent4sure clients...

The number of prospective tenants asked to provide guarantors ahead of renting has risen by a huge 36 per cent over...

An hour-long webinar this week aims to inform agents how to deter property fraud by greater emphasis on compliance, due diligence...

Property fraud is on the rise and early in 2022 agents will have an opportunity to attend a webinar featuring a...

The Build to Rent sector is being targeted by criminals with a 364 per cent rise in fraudulent tenant applications in...

Who are you and what does it say on your business card? Alexander Siedes, CEO and Founder of Homeppl What is Homeppl and...

An international residential platform which manages 200,000 properties in 29 countries across Europe - including the UK - has signed an...

A PropTech platform which uses Open Banking to help with tenant due diligence has raised another £1m in funding. Homeppl - which...

Two lettings agencies are amongst three property agents which have been fined by HM Revenue & Customs for breaching anti-money laundering...

Agents using Reapit now have access to tenant due diligence and guarantee firm Homeppl, which will assist in combating rental fraud. Homeppl...

There’s a new warning the rental fraud could be on the rise. Due diligence firm Homeppl says the combination of possible job...

A PropTech company says sloppy referencing by agents and landlords effectively means that around a third of prospective tenants are discriminated...

Anti-money laundering specialist FCS Compliance is to lead a free-to- attend Q&A webinar for Rightmove agents tomorrow.   Let’s Discuss Money Laundering is...

An experienced buy to let mortgage specialist has completed on its largest and most complex loan to date — a £17.35m...

Who are you and what does it say on your business card? That's very retro - I have not had one of...

After a recent incident involving an Estate Agent based in Devon in which a property virtual tour they published revealed a...

There’s been a huge 263 per cent increase in the value of fraudulent tenant applications in just three months, it’s been...

A compliance specialist is reminding the industry that the deadline by which letting agents must register with HMRC if they are...

A new report from the government says it’s too early to tell whether lettings agencies are abiding by new anti-money laundering...

Rightmove is to host an anti-money laundering webinar next week, aimed at lettings and sales agents. The event, which is entitled Five...

Agents spend their whole careers telling vendors and landlords why they will be able to achieve a better sale price or...

The property market, and therefore, estate agents have been accused of being the 'weak link' in the UK’s money laundering defences. This...

A lettings agent comparison website, Rentround, says the stamp duty holiday has spurred existing and would-be landlords to search for new...

A new online self-screening bot questionnaire has been launched to check agents and customers are symptom-free before a physical viewing takes...

ARLA Propertymark has set out its concerns over draft guidance on anti-money laundering produced by a body called the Joint Money...

Good morning and welcome to today’s edition, helping agents find a way through the Coronavirus crisis by sharing information with the...

Investment into the purpose-built Build To Rent sector in the UK dropped significantly last year. Some £273.8m was invested in the fourth...

It’s here - the Fifth EU Money Laundering Directive comes into force today with significant challenges and implications for letting agents. The...

The Association of Residential Letting Agents and The Guild of Property Professionals have both given their backing to the government’s latest...

The Association of Residential Letting Agents says it will be issuing resources to support for lettings agents in the coming days...

Martin & Co says it has compensated clients fully after a rogue lettings agent in Cornwall added sums to invoices sent...

A lettings agent says she has just spent three months trying to get evidence of her Client Money Protection policy -...

A new PropTech start-up that claims to make student house-hunting easier is offering free listings to lettings agents with London properties. Polygon...

The Money Laundering Regulations 2017 require estate agents to risk assess their business relationships and apply an appropriate level of investigation...

The Money Laundering Regulations 2017 require estate agents to risk assess their business relationships and apply an appropriate level of investigation...

The Money Laundering Regulations 2017 require estate agents to risk assess their business relationships and apply an appropriate level of investigation...

A new website called Vesta has launched aiming to sell investment properties with tenants in place.  The team behind the site describe...

Letting agents have been accused of failing to carry out sufficient financial checks on prospective tenants.    Tenant referencing and insurance operator Landlord...

Who are you? Rebecca Johnston What does it say on your business card? Managing Director (TDS Custodial) What is TDS Custodial? TDS Custodial is a government-approved...

The working group set up by the Department of Communities and Local Government to consider Client Money Protection says the scheme...

Despite typically having to pay for the privilege of having a background check conducted on themselves, most renters don’t perform the...

The Right to Rent legislation rolls out in February 2016, so all landlords and letting agents in England must check the...

A prime central London letting agency says there has been a rise in the number of subletting scams in that part...