Latest News

Speakers Announced for National Conference 2018

18 December 2017

PRESS RELEASE: NAEA Propertymark can today reveal that for the second year running, Sally Bundock, business and financial journalist at the BBC will be hosting the annual National Conference. The line-up also features former global exec for Lego, Christian Majgaard and Jim Lawless, an acclaimed motivational speaker Read More...

NAEA Propertymark comments on new Stamp Duty relief for first time buyers in Scotland

15 December 2017

PRESS RELEASE: Mark Hayward, Chief Executive, NAEA Propertymark comments on new Stamp Duty relief for FTBs in Scotland. Read More...

Propertymark Share Predictions for 2018

11 December 2017

PRESS RELEASE: As we approach the New Year, there are a number of hurdles on the horizon but scope to remain hopeful. With further interest rate rises expected, Brexit negotiations to overcome and the cost of living escalating, the property market could see significant changes. NAEA Propertymark and ARLA Propertymark share their predictions for the rental/buying market, looking ahead to 2018 Read More...

 

Property sales fraud alert

Wednesday 29 November 2017

The National Fraud Intelligence Bureau (NFIB) have issued a warning about a new fraudulent trend that could impact some aspects of the property industry.

The scam - the Bureau are advising - involves fraudsters exploiting the sales market by taking up basic level training or certifications in order to work as Estate Agents, and in some cases are even opening up small, satellite offices.

Once established, the fraudsters aim is to act as an agent for large scale developments, such as high-rise flats, in areas where demand is high.

Through the use of high pressure sales tactics, buyers are encouraged to act immediately so as not to miss out, and are instructed to pay a holding deposit to take the property off the market. Deposits are paid directly into the fraudster's account and then transferred out immediately. For this to be most effective, fraudsters plan this type of activity in “one big hit” over a short space of time, thereby maximising the proceeds of crime.

With this being one of many cases of fraud within the property sector in recent weeks, it is important to conduct the proper checks when taking on new members of staff. 

Our online Fraud Awareness course covers a number of areas, including the primary motivators for fraud and how to identify when fraud is being committed.

Members should make the most out of advertising NAEA Propertymark protection, by ensuring to display the logo prominently, since it is a key indicator to consumers that you are a licensed professional who adheres to the highest standards and can be trusted.

The logo is a mark of your membership and shows that you have at least five years' experience and are actively working in the industry. You'll also benefit from the fact we are running a high-profile ongoing ad campaign aimed at getting consumers to only use Propertymark Protected agencies when buying or selling a property. If consumers follow our advice, they won't be duped by fraudsters. 

So if you don't already have the new logo or a window sticker, both can be ordered free of charge from our online shop.

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