Select Committee flags five money laundering loopholes
160 properties worth over £4bn have been 'identified as being purchased by high corruption-risk individuals', reports the Joint Committee on the Draft Registration of Overseas Entities Bill
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
By PrimeResi
PEPs, SARs & MLROs: An A to Z of Anti-Money Laundering
As "gatekeepers", estate agents play a crucial role in the UK Government's ongoing efforts to stamp out money laundering and terrorism financing.
By PrimeResi
Money laundering fines rocket as HMRC gets tough on dodgy dealings
Volume of fines handed down to UK companies - including estate agencies - nearly doubled in 2017-18
By PrimeResi
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Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
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UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
By PrimeResi
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
Green light for major Wimbledon office-to-resi scheme
Aldar-owned London Square has chalked-up another planning win.
By PrimeResi
SW London specialist signs to Harding Green
Catherine Merrett previously worked for Savills and for Antony Roberts.
By PrimeResi
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi