Estate agents urged to report dirty money
The Government has extended a campaign designed to increase the amount of suspicious activity reports (SARs), in a bit to limit the impact of money laundering. The Flag It Up campaign, which has already targeted solicitors and accountants, is now looking to estate agents to reduce the number of UK properties being bought with the […]
Millennials make huge sacrifices to get on the property ladder
People aged 18 to 34 are putting plans for romance, children and leisure on the back burner in a bid to get on the property ladder. That’s according to mortgage broker Trussle. A recent study of over 2,000 mortgage borrowers asked people about the compromises they have had to make to afford their own home. […]
Modern online auctions under scrutiny
The Homeowners Alliance (HOA) has looked at the potential pitfalls of buying and selling by auction. Commenting on the trend, HOA Chief Executive Paula Higgins said: “It is good to have new ways to help homeowners buy and sell their properties. However, we are concerned that estate agents and online platforms are using the modern […]