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
Most read
Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
By PrimeResi
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
By PrimeResi
Matthew Robertson of Valouran on luxury property development & sustainability
Earth Day 2024: 'Sustainability is more than just reducing environmental impact; it’s making fundamental changes to the ways in which we interact with our surroundings'
Pre-election jitters hit London’s £5mn-plus market
Top-end sector continues to slow from its post-pandemic record high, but remains significantly stronger than the pre-pandemic average, reports Savills
Tories float September Stamp Duty cut
The Chancellor is considering raising the SDLT threshold to £300k, according to newspaper reports.
By PrimeResi
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JTRE London’s Nigel Fleming: Why Bankside is knocking on the door of traditional PCL
Following a transformation that began 70 years ago, Bankside has become a cultural, commercial & resi hotspot that can compete with any London postcode, writes property development chief...
Knight Frank heralds ‘a new era for the countryside’ as rural division growth continues
James Farrell has overseen two years of 'unprecedented growth' for Knight Frank's rural division - which continues with another new outpost opening later this year.
By PrimeResi
Grand Retail to Parkside: Agency pens field guide to PCL’s eight ‘villages’
Boutique firm delves into the characteristics of the capital's inner districts & gives each a new identity to help buyers with their decisions.
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New York penthouse designed by master architect I.M. Pei up for sale
Sale of marquee unit at The Centurion in Midtown is a 'unique chance to own a piece of architectural history'