Latest property news
Suspicious Activity Reports: a vital source of intelligence in a vulnerable sector
The property market remains an attractive target for money laundering because of the value of property assets and the ability to hide ownership through companies, trusts, and overseas structures. An estimated £6.7 billion of UK property was bought with wealth suspected to have come from questionable sources between 2016 and 2022 — yet the National Crime Agency (NCA) reports that the volume of SARs from the property sector remains low.
Overheating homes: what letting agents and property managers need to know
As periods of hot weather become more frequent and intense, overheating in homes is moving from a comfort issue to a health, safety, and property management concern. For professional agents, the key risk is not simply that a home feels warm in summer, but that the property design, condition, or management allows indoor temperatures to become excessively high and potentially harmful to occupiers.
Making Tax Digital deadlines: agents must check who is affected and when
Sole traders and landlords with qualifying income over £50,000 should now be using Making Tax Digital for Income Tax (MTD), and further deadlines in 2027 and 2028 will bring many more agents, property owners, and businesses into the new system. MTD requires affected taxpayers to keep digital records and submit quarterly updates to HMRC using compatible software.