More finger pointing…

It was only recently that SNP business spokewoman Michelle Thomson was suspended from the party after it emerged that police were investigating allegations that her property dealings potentially involved mortgage fraud, she reportedly said that she was looking forward to being cleared of any wrong doing and pledged to co-operate with the Police Scotland probe.

Police sources emphasised that Ms Thomson was not currently subject of an investigation personally, her solicitor, Christopher Hales, was reportedly struck off following his role in 13 deals closely related to Ms Thomson in 2010 and 2011, after he failed to provide key information to mortgage providers which is required as a safeguard against fraud.

The First Minister Nichola Sturgeon immediately faced questions over whether she knew about her MP’s background before she was approved as an SNP candidate. Miss Thomson reportedly built a portfolio of properties worth around £1.7 million, often by negotiating cut-price deals with homeowners.

A police probe was launched on the instructions of the Crown Office after the findings of the tribunal were formally passed on in July.
Following on from the above there is now another issue which has surfaced concerning the SNP which has been described as “a hugely serious one” and demands full investigation. The SNP’s chief executive, Peter Murrell, has been reported to the Electoral Com­mission over claims that he tried to gain an unfair advantage for the “Yes” campaign ahead of the crucial vote last year.

The claims centre on suggestions that Ms Sturgeon’s husband was helping a group called Business for Scotland (BFS), a pro-independence group headed by under-fire SNP MP, Michelle Thomson.

Anyone officially involved in the referendum had to formally register with the Electoral Commission which then set limits on how much they could spend, while also barring individual groups from working together.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Letting Agent Talk

Dispelling the top five biggest letting agent myths

By Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is…
Read More
bank of england interest rate
Breaking News

Bank of England Holds Interest Rates at 3.75%

Colleen Babcock, property expert at Rightmove says: “There’s stability for now as the Bank of England holds its Base Rate as widely expected. We’ve seen average mortgage rates increase over the last few weeks as geopolitical tensions have escalated, and the average two-year fixed rate is currently coming it at 5.11%. For broader context, this…
Read More
New Builds 2020
Breaking News

Average new-build value to surpass £400,000

The latest research from UK Property Development has found that the average price of a new-build home in England is on course to exceed £400,000 by 2027, having risen steadily over the last decade alongside sustained growth across the wider British market. The research analysed average new-build house price data across Great Britain and its…
Read More
Breaking News

Money and Credit – June 2026

These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals increased to £7.7 billion in June, from £3.3 billion in…
Read More
Breaking News

Price of a sea-view home up 27% since 2019

The average asking price for a home with a sea-view in Great Britain is £298,810, up from £235,635 in 2019 (+27%) Average sea-view asking prices have risen by more than 50% since 2019 in both the East Midlands and Yorkshire & The Humber The South East remains the most expensive region for a sea-view home…
Read More
Breaking News

14.6% fewer farms in England

The latest analysis by LandSale has found that the number of agricultural holdings in England has fallen by 14.6% since 2005, highlighting the continued restructuring of the farming sector as some landowners exit the industry and others consolidate their operations. LandSale analysed the latest UK Government agricultural holdings data, comparing the number of total holdings and…
Read More