Legal
‘There will be nowhere to hide’: Government fast-tracks Economic Crime Bill & register of overseas property owners
"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
Soaring property prices fuel surge in contentious probate work
With so many homes now worth seven-figure sums, it has become more attractive for claimants to contest probate, says Bishop & Sewell
Trading Standards mandates new ‘Material Information’ for all property listings
Estate agents must include prices, council tax bands and tenures on property portal listings.
Tougher building safety laws ‘to make industry pay’ for the cladding scandal
"We cannot allow those who do not take building safety seriously to build homes in the future," says Housing Secretary Michael Gove, "and for those not willing to play their part they must face consequences
Real estate lender Précis adds heavyweight legal chief
Précis Capital was set up last year Randeesh and Daljit Sandhu and Karen Dunstan, with backing from TowerBrook Capital Partners.
Leasehold reform in motion: On the government’s plans to make home ownership fairer & more secure
As the first major piece of leasehold reform in a generation finally becomes legislation, buying agent Nina Harrison reflects on the long-requested need to transform leasehold agreements - and what impact …
Quarter of agents yet to register for money laundering supervision
HMRC is ‘hot on the heels’ of those agents falling foul of their obligations, warns tech firm
FCS & Rightmove team up to tackle money laundering
The first of 2021's free webinars will cover the role of the money laundering reporting officer
Top law firm hit with huge fine over ‘serious’ AML failings
Mishcon de Reya has been ordered to pay a £232,500 penalty by the Solicitors Regulation Authority for breaches committed between 2015 and 2017
Major estate agency ‘could face a bill of as much as £30m’ after alleged tenancy rules breach
The Telegraph has reported that Purplebricks "could face a bill of as much as £30m after it put thousands of landlords at risk of being fined through a failure to follow basic tenancy law." T
Bogus high-end building firm used a fake show home
Fraudsters used a kitchen extension built by someone else to lure in £800k from unsuspecting homeowners across London and the Home Counties
Class action case against online estate agencies moves forward with ‘hundreds’ of claimants
Contractors 4 Justice says it has been "inundated with interest from hundreds upon hundreds of Purplebricks agents in particular". Purplebricks insists "there is no legal basis for this potential action"