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Estate News of Watford

Estate agents 'no longer biggest money laundering risks', report suggests

A survey undertaken by the respected Economist Intelligence Unit and a risk solutions company suggests that estate agency may be one of the least appealing sectors for money launderers to use for their illegal activities. Although there has not been an authoritative ‘pecking order’ of which sectors of the UK economy were... read more

Fri, 17 May 2019 12:00:10 GMT

Alexa: when do we get cheaper and faster conveyancing?

A law firm says it’s made legal history by integrating the automated voice-activated platform Alexa into its system. Customers of Simply Conveyancing Property Lawyers can download the Alexa app and are then able to ask the virtual assistant questions and queries about their conveyancing transaction.  The firm - it has offices in Northamptonshire... read more

Fri, 17 May 2019 12:00:08 GMT

Agents welcome CMA probe into 'mis-selling' of leasehold properties

The National Association of Estate Agents has welcomed the commitment by the Competition and Markets Authority to investigate the mis-selling of leasehold properties. NAEA chief executive Mark Hayward says: “We welcome the investigation by the CMA into the mis-selling of leasehold properties, as for too long housebuilders and developers have not been... read more

Fri, 17 May 2019 12:00:04 GMT

Industry veteran becomes chair of franchise giant as founder retires

The founder of franchise giant Belvoir, Mike Goddard, has now stepped down as chair of the company, two years after quitting as its chief executive officer. Goddard founded Belvoir with his wife Stephanie in 1995 and at yesterday’s Annual General Meeting of the firm - the last with Goddard as chair -... read more

Fri, 17 May 2019 12:00:02 GMT

Gloomy mortgage data may mark ‘start of housing slowdown’ says agent

Agents have reacted gloomily to the release of figures showing that the number of new mortgages offered to both movers and first time buyers fell substantially in March. New first-time buyer mortgages numbered 28,800 in that month, 2.4 per cent fewer than in the same month a year earlier. The number of new... read more

Fri, 17 May 2019 12:00:01 GMT
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