Southside Housing Association get £30 million boost

Southside Housing Association have had a positive £30 million in injection via Handelsbanken plc which is to help them finance new build properties and a programme of housing improvements. “The Glasgow landlord will use the loan facility from the Swedish bank to support the finance of upgrades to existing properties and the building of more than 260 new homes, ranging…

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Former Kildare County Councillor fraud case totalling €200,000

A fraud figure of €200,000 is the shocking headline here – Former Kildare councillor. Mark Dalton. who pleaded guilty last April to thieving from Kildare Housing Association has had his case adjourned once more. Judge Patrick Quinn pushed things back until March 26 for sentencing at Naas Circuit Court. Addicted to gambling was the excuse…

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LSL Property Services pre tax profits slide 42%

With leading estate agency brands of Your Move and Reeds Rains to its name, LSL Property Services has released unsurprising negative profit figures for 2018 with a turnover of £324.6 million and pre tax profits of £23.1 million which is a 42% drop. The group which operates over 200 estate agent branches along with a…

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Buy-to-Let Developer Jailed for Six Months

The Financial Conduct Authority (FCA) led an investigation and ultimately a successful case against a buy-to-let developer who ran unlawful property schemes and also mislead varied investors in African Land and Reforestation Projects. Good news that a continuation of cleaning up the industry is taking place to route out the illegal nonprofessionals. Sentence passed was…

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Countrywide fined £215,000 re overlooking Money Laundering

UK estate agency brand Countrywide has been reported to have received a fine of £215,000 following failing to comply with the rules set for spotting dirty money – This follows an intensive programme from the government (Her Majesty’s Revenue & Customs) looking to take action against money laundering within the industry. Unannounced inspections have taken…

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Rightmove network drops 2%

Rightmove logo

Maybe it is the sign of the times ie Brexit (anything that goes wrong globally is blamed on Brexit so sod it, I’ll keep the trend going) or maybe it is the recent growth of OnTheMarket who have been on an advertising and signing up agenda of recent. The ‘UK’s number one property website for…

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