Estate agents and others in the property industry have much more to do to deter money laundering.
Claire Louise Ainsworth has been found guilty of conveyancing fraud, whilst she worked for an online estate agent.
The All-Party Parliamentary Group recognises the efforts of the Law Commission and welcomes efforts to make leasehold enfranchisement – extending leases and leaseholders’ buying the freehold – easier, simpler and more cost-effective.
Decision is made to remove the £100 fee just 24 hours before the latest and 5th EU Anti Money Laundering directive passes into UK law.
UK estate agents are amongst the worst paid in any country in the world according to new data.
Consumers are being advised that they should pay estate agents no more than 1% plus VAT for a sole agency contract.
The government has reminded organisations about the requirement for obliged entities to report additional information discrepancies to Companies House.
Warning comes from leading leasehold services provider which warns reducing income for freeholders will hit the block management sector hard.
The Law Commission has published a report setting out options for reducing the costs leaseholders have to pay during the enfranchisement process of extending their lease or buying the freehold title.
The Solicitors Regulation Authority has urged around 7,000 of its regulated firms to re-assess their processes now that the Fifth Anti-Money Laundering Directive has come into force.