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

small house bird box
Breaking News

UK First Time Buyers better off than many other global nations

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability The latest market analysis from Yopa, the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they…
Read More
new build homes colchester essex
Breaking News

Building Safety Regulator Reform

The Government has announced reforms to the Building Safety Regulator, including leadership, process and investment. The changes are hoped to deliver 1.5 million homes. The reforms pave the way for creation of a single construction safety regulator, as recommended by the Grenfell Tower enquiry. David Smith, property litigation partner at London law firm Spector Constant…
Read More
Breaking News

New anti-money laundering rules now in effect: what landlords need to know

New anti-money laundering (AML) rules came into effect this month, marking a significant change for landlords and the lettings industry as a whole. The new rules mean financial sanctions checks are now required for all lettings, regardless of how much rent is charged. Here, Steve Bond, managing director of residential lettings for Beresfords, explains what…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Breaking News

Mortgage approvals bounce back in May

The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
Read More
Breaking News

Money and Credit – May 2025

Key points: Net borrowing of mortgage debt by individuals increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to -£0.8 billion in April. Net mortgage approvals for house purchases increased by 2,400 to 63,000 in May. Approvals for remortgaging also increased by 6,200 to 41,500…
Read More