Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.
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
UK Sotheby’s Realty to ‘explore tokenisation’ of two luxury properties
UK Sotheby’s International Realty has partnered with PropTech platform Smartlands to look into blockchain-powered fractional ownership options for a London penthouse and a Greek villa.
By PrimeResi
‘We have been let down by some of our large shareholders’: Emoov’s Russell Quirk confirms money troubles
"We are in talks with parties that have approached us to acquire the business", confirms Emoov founder Russell Quirk in an insightful video interview with property industry consultant Graham Lock.
By PrimeResi
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New recruit brings ‘fresh perspective’ to super-prime agency in Mayfair
Talya Reuben has joined Harvey Cyzer's team at OB Private.
Interview: Knight Frank’s resi chief Tim Hyatt on navigating a ‘complicated’ market & how the business is planning for the future
'I don't think I can ever remember being in such a confused, complicated, exciting market': PrimeResi discusses digital modernisation, industry fragmentation & market predictions with the high-profile…
Rare resale for super-prime Chelsea Barracks home
Knight Frank’s Belgravia office is celebrating a big deal that closed after just one viewing.
By PrimeResi
Qatari Diar & Canary Wharf Group unveil final Southbank Place apartments
First Look: JV partners enter home straight at Thames-side mega-scheme, debuting new building designed by Stanton Williams & Albion Nord.
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
Savills has welcomed the arrival of 'a new breed of super-prime tenant' in the capital, while UK SIR flags a rise in high-value 'try before you buy' rentals.
By PrimeResi
Simon Rose: Why 2025 is the year of buyer value in Prime London
Seasoned PCL specialist makes sense of the conflicting messages & market data coming out of the prime postcodes.
By Simon Rose
LATEST ARTICLES
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: Mathieu Lehanneur-designed Manhattan penthouse seeks $32.5mn
'Museum in the sky' at luxury Foster + Partners project showcases works never before seen in NYC.
Postcard from New Zealand: Optimism is on the rise in Auckland
Peter Thompson of Barfoot & Thompson/Luxury Portfolio International reports on a 'strong increase' in luxury property sales as both supply & demand build.
Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
'Rightmove’s latest 18% price hike is outrageous,' rails Trevor Abrahmsohn. 'But what do the agents really expect now that they have lost control of OnTheMarket?'