Industry News - Residential Property Law - FSA publish anti-fraud guidelines

12/03/2010
Stonemason companies urged to adhere to personal injury employment law
Stonework companies in the London area have been urged to ensure they have appropriate health and safety measures in place to prevent personal injury in the workplace.

12/03/2010
Tribunal makes ruling on holiday leave pay
An employment tribunal has made a ruling which experts believe could open the floodgates for more claims from employees.

11/03/2010
Farmer's amended will overturned by judge's decision
A judge has made a ruling that will see the second will drawn up by an elderly farmer overturned in favour of an earlier document.

11/03/2010
Police female recruitment drive 'is discriminating against men'
A police drive to recruit more women could have a discriminatory effect on men, it has been claimed.

11/03/2010
Men 'are more likely to become insolvent than women'
New figures have revealed that men are more likely to require the use of an insolvency lawyer than women.

Industry News

29/08/2008
FSA publish anti-fraud guidelines

The Financial Services Authority (FSA) has produced guidelines to help the mortgage industry detect fraud, the Financial Times reported.

The regulator issued the guides yesterday (August 28th) and stated that it is the responsibility of those within the industry to ensure that any fraudulent activity is picked up.

Mortgage brokers need to look should look out for fraudulent documentation and any concerns they may have relating to inaccurate income or employment details.

Philip Robinson, director of financial crime for the FSA, said the work that the regulator was undertaking would to stamp out fraud would "increase our effectiveness in identifying and tackling such firms."

He warned: "If we find evidence of fraudulent activity at a firm we visit, it can expect to be subject to immediate and intensive action."

Citywire.co.uk reported that the FSA's "whistle-blowing initiative" comes on the back a similar scheme for lenders that led to 300 reports of possible mortgage fraud. ADNFCR-1805-ID-18756561-ADNFCR

09/03/2010
More people used a conveyancing lawyer last month, report finds
More people sought the advice of a property lawyer with a view to buying a house in February 2010 than was the case in the previous month.

09/03/2010
2010 'will be a good year for landlords'
This year could be a good time to seek a conveyancing lawyer with a view to purchasing a buy-to-let property.

22/02/2010
Evictions fall as landlords sympathise with good tenants
The number of evictions from rented properties is falling as landlords seek to retain good clients and sympathise when they are in financial difficulties.

19/02/2010
January's mortgage lending figures 'affected by stamp duty holiday'
January's downturn in mortgage lending is not necessarily a sign that the residential property market is slowing again, according to the Council of Mortgage Lenders (CML).

17/02/2010
Conveyancing experts predict more mortgages in 2010
Experts in the field of conveyancing believe there will be an increase in mortgage activity during the first quarter of 2010.

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