• Cedar House, Caen St, Braunton EX33 1AH

Compare Listings

Anti-money laundering: only 1 in 300 foreign deals triggers a 'red flag'

  • 12th October 2017
  • News
  • 0

One one in every 300 property purchases by overseas buyers trigger a so-called ‘red flag’ with the National Crime Agency – and that’s a cause for concern according to an anti-money laundering consultancy.

Fortytwo Data says in Britain some 1.2m property deals created only 355 Suspicious Activity Reports in the year…
Source: Estate Agent News

Related posts

  • News

Government launches consultation into house buying and selling

The government has launched a consultation this weekend calling for evidence on how to make the...

Continue reading
  • News

Stamp Duty: pressure building on government for more reforms

Pressure is continuing to build on the government to reform stamp duty in next month’s...

Continue reading
  • News

Franchise agencies continue war of words over merger terms

Statements from The Property Franchise Group and Belvoir continue to ramp up the war of words...

Continue reading