Fraser Brown Appoints New Business Development Executive
Fraser Brown Solicitors have appointed a new Business Development Executive in its Lincoln branch. Rachel Pringle, will be responsible for developing and identifying new revenue streams for the business in Lincoln, and will build and strengthen the existing client base. Rachel’s background in banking and finance has been honed over 16 years. She has held many senior roles […]
Experts Discuss Anti-Money Laundering And Conveyancing
Since the 2017 Money Laundering Regulations came into force, conveyancers and key stakeholders in the property sector have struggled to prevent property from being purchased with illicit finance. Over 400 UK properties, worth in excess of £5 billion, have been purchased using suspicious wealth according to a recent report by Transparency International UK. Furthermore, 293 […]
Properties Worth £8 Million Seized In AML Bust
17 properties worth in excess of £8 million have been seized by the National Crime Agency (NCA) following a civil recovery and tax investigation. Four members of the Davies family; Shane, his wife Rhianna, mother Sheila and sister Tracey, surrendered the property assets, including a villa in Tenerife and 16 properties across Somerset after admitting […]
Is The Government On Target for 300,000 New Homes Per Year?
Is the Government on Target for 300,000 New Homes Per Year? A look at the construction and new build sector in 2019. The UK is in the midst of a severe housing crisis with the gulf widening rather than receding each year. Currently, the National Housing Federation estimate that 8.4 million people in England alone are living in […]
Reservation Agreements Update – Will They Become Law?
The proposed implementation of Reservation Agreements has been high on the Government’s agenda in a bid to reduce the risk of fall throughs across England and Wales. According to Rightmove data, one in three property deals in the UK falls through between offer and exchange. The introduction of a legally binding agreement after acceptance of […]