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Sourcing & Letting Agent Client Bank Accounts are being refused!
09 Mar, 2022
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More and more Sourcing & Letting Agent Client Bank Accounts are being refused!  These accounts are required to comply with Anti-money Laundering legislation and are designed to protect a client’s funds as well as agents fees. Banks Closing Sourcing & Letting Agent Client Bank Accounts It’s been reported that even large established agents have found […]

I got my Property Sourcing Compliance done the easy way with Sourcing Investments
09 Mar, 2022
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How to get your Property Sourcing Compliance done. Getting Property Sourcing Compliant used to be a nightmare! If you source properties as a Sourcing Agent, Letting Agent, estate agent or Property Investor who works in the UK Property Industry, then you know how much of a headache Property Sourcing Compliance is and with ever-increasing regulations, […]

The Property Redress Scheme – Do I need to join the PRS?
24 Feb, 2022
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The PRS or Property Redress Scheme is a government authorised redress scheme and it is a legal requirement for all lettings, property management and sourcing agents to a member of a redress scheme. So, if you are an agent, in a word YES, you need to join a Redress Scheme. But, before you run off […]

The property sector faces a high risk from money laundering
24 Feb, 2022
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Credit: Article by David Prosser, AML Rightsource The Property sector is under pressure to improve its Anti Money Laundering (AML) practices, as criminals step up their efforts to launder their dirty money through property. The UK’s property market has become a prime target for international money laundering, with high-end luxury properties in London proving particularly attractive […]

UK House Prices could see an increase in value of £60bn
17 Feb, 2022
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With government plans to ‘level up’ across many areas in the UK,  house prices could see an increase in values of £60bn. This comes from the latest research by the developer StripeHomes. The funds are targeted at regeneration projects to transform local areas, improving housing and infrastructure. Up to 100 areas across the UK could […]