The sector is coming under increased scrutiny from Government and law enforcement. Poor levels of SARs, increasing volumes of money laundering, the signing of the Fifth Money Laundering Directive in the EU (now a fact), and the future inclusion of lettings within the scope of this legislation further emphasises the need for compliance.
To help we invited Mark Hayward CEO, NAEA Propertymark in to the Rightmove studio to give his views and take your questions.
Mark Hayward, NAEA Propertymark Chief Executive
Mark ran a UK-wide estate agency operation, covering sales, lettings and property management. He was also a director of a national financial services company. Subsequent to a successful MBO, he created a multi-disciplined firm covering all aspects of property.
Exiting this, Mark has acted as a consultant to developers national and regional, Housing Associations, city funds and property companies large and small, and has been MD of NAEA since 2013.