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On 15 April 2019, the UK Government launched a consultation on extending the anti-money laundering rules as set out in the Fifth Money Laundering Directive (5MLD).
FUTURE PropTech has announced its conference programme for The Residential Agent Zone, which this year is brought to you in association with Tili Powered by Spark.
Liverpool-based solicitor says that the recent Easter weekend heat-wave risks speeding the spread of Japanese Knotweed.
Dominic Raab MP, announced a suite of recommendations to shake up the housing market, including changes to stamp duty in England and Northern Ireland.
Labour is proposing two methods of controlling house price rises should it win the next General Election with the ideas have provoking a furious response from some sectors of the estate agency industry.
Research from Civitas, Institute for the Study of Civil Society, shows a million more young adults in the UK are living with their parents than there were two decades ago.
HSE (Health and Safety Executive) have revised their Working Alone leaflet to provide guidance on the risks of lone working.
Persimmon’s continues its efforts to improve its customer care, culture and operations which are to be assessed in an independent review.
NAEA Propertymark President Mark Bentley and his family led an 18 mile charity walk along Hadrian’s Wall last Sunday in support of Centrepoint, a charity which works to give homeless young people a place to live.
NAEA Propertymark is working together with Strakers estate agents in Wiltshire and other stakeholders to develop practical guidance on appropriate levels of risk assessment to safeguard buyers on accompanied viewings.
Transport for London have introduced an Ultra Low Emission Zone (ULEZ) operating in the Congestion Charge area in central London every day, 24 hours a day, 7 days a week.
The rules on referral fees affect estate agents working in all parts of the UK. The issue was raised in the Scottish Parliament on 19 March 2019 by Graham Simpson MSP who asked the Scottish Government whether it plans to consult on the use of referral fees for solicitors or estate agents during the conveyancing process.
According a news article on the BBC News website, where NAEA Propertymark comments are included, banks and law enforcement agencies are turning to artificial intelligence (AI) to help combat money laundering.
HM Revenue and Customs (HMRC) are raising anti-money laundering supervision fees for estate agents from 1 May 2019. The annual registration fee is increasing to £300 per premises for businesses with a turnover of £5,000 or above and £180 for businesses with a turnover below £5,000.
As National Home Improvement Month begins, NAEA Propertymark reveals UK homeowners have spent a total of £48 billion doing up their homes over the last five years – an average of £8,000 each.
In a press release from the Minister of Housing, Communities and Local Government, James Brokenshire MP, has announced that it will accept many of the Law Commission’s recommendations for Event Fees.
All agents in England whose business covers lettings and property management whereby you hold client money, must belong to a government-approved Client Money Protection scheme from 1 April 2019.
In a report published today, 19 March 2019, the Housing, Communities and Local Government Committee has called for wide ranging reforms to the leasehold system.
The National Trading Standards Estate Agency Team (NTSEAT) has published guidance on referral fees received by estate agents across the UK, with the aim of making previously hidden fees open and transparent to consumers.
The Joint Committee on the Draft Registration of Overseas Entities Bill issued a Call for Evidence earlier this month.
With the threat of hurricane Gareth looming, it didn’t put off the hardy Scottish estate and lettings agents from ascending to Glasgow on 13 March for a programme filled with heavy legislation issues mixed with a touch of light-hearted tips and information.
Today, 13 March 2019, the Chancellor has presented his Spring Statement to Parliament. A key part of the Government’s plan is to invest in the future including fixing the broken housing market.
Scottish Labour’s Housing Commission want to scrap Help to Buy in favour of a targeted scheme to help first time buyers with lower income, allowing them to buy existing homes as well as new builds with a 5% deposit.
On 8 March 2019, the House of Commons Treasury Committee released its report on Economic Crime. Mark Hayward Chief Executive of NAEA Propertymark gave evidence as part of the inquiry in June 2018 and is quoted throughout the report.
An annual celebration of apprenticeships, coordinated by the National Apprenticeship Service, brings the whole apprenticeship community together to celebrate the impact of apprenticeships has on individuals, businesses and the economy.
Details have been published of businesses who have received penalties from HMRC for not complying with the Money Laundering Terrorist Financing and Transfer of Funds Regulations 2017.
National Trading Standards Estate Agency Team (NTSEAT) has, today, issued new guidance on the transparency of fees involving property sales. The guidance specifically addresses the application of fees advice under the Consumer Protection from Unfair Trading Regulations and the transparency of referral fees.
Propertymark has received formal Approval from the Housing Minister, Heather Wheeler MP, to operate a Government-authorised Client Money Protection (CMP) Scheme. The Government has committed to requiring all property agents in the private rented sector to obtain membership of an approved CMP scheme by 1st April 2019 and the many thousands of Propertymark Protected members will now be covered.
Sadiq Khan, The Mayor of London has launched a leasehold guide for Londoners and slams ‘lease’ as ‘unfit for purpose’.
For anyone purchasing residential property in England and Northern Ireland, who isn’t a UK resident – the Government is looking to introduce a 1% Stamp Duty Land Tax surcharge.