Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
By PrimeResi
UK Sotheby’s Realty to ‘explore tokenisation’ of two luxury properties
UK Sotheby’s International Realty has partnered with PropTech platform Smartlands to look into blockchain-powered fractional ownership options for a London penthouse and a Greek villa.
By PrimeResi
‘We have been let down by some of our large shareholders’: Emoov’s Russell Quirk confirms money troubles
"We are in talks with parties that have approached us to acquire the business", confirms Emoov founder Russell Quirk in an insightful video interview with property industry consultant Graham Lock.
By PrimeResi
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