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Huge Countrywide fine, property scores launched, OTM expansion plans




Property scores launched by property data firm for UK’s 25m homes

Houses and apartments will receive a score out of 100 based on data from the Big Property Data Ltd, which plans to offer scores to big property portals.

Click here to read Property scores launched by property data firm for UK’s 25m homes.



Countrywide given £215,000 fine for not complying with AML rules

Troubled firm, which is about to publish its full 2018 results, has received the highest-ever published fine given to an estate agent.

Click here to read Countrywide given £215,000 fine for not complying with AML rules.



OnTheMarket to have 17,200 branches listing by 2021, claims City broker

Briefing document makes claim as portal's CEO claims it has been instrumental in reducing Rightmove's average number of leads generated per branch.

Click here to read OnTheMarket to have 17,200 branches listing by 2021, claims City broker.



LSL writes down its investment in Yopa by 60% as profits nosedive

LSL says the value of its shareholding in the hybrid agency is worth £7.4 million as it also announces profits down by 24% during 2018.

Click here to read LSL writes down its investment in Yopa by 60% as profits nosedive.



<span style="font-family: Tahoma, Geneva; font-weight: bold; font-size: 16px;">Washing up</span>


Money laundering isn’t just the preserve of upmarket estate agents selling expensive properties in central London, says HMRC chief Simon York, as criminals increasingly target property to launder their dirty cash.

Click here to read <span style="font-family: Tahoma, Geneva; font-weight: bold; font-size: 16px;">Washing up</span>.