Format: News
Knight Frank rolls out new AML tech to improve onboarding process
The agency has signed up to Thirdfort’s proprietary risk engine, which promises to reduce onboarding time 'to minutes' and turn compliance 'into a competitive advantage'
Ground rent ban comes into force in June
"This is an important milestone in our work to fix the leasehold system and to level up home ownership," says the Leasehold Minister, Lord Stephen Greenhalgh.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring data and analysis from LonRes, Hamptons International, LCP, Savills, Knight Frank & Rightmove
Former One Hyde Park head concierge hired as The OWO’s director of residences
Raffles Hotels & Resorts has brought in Andrew Broniszewski to oversee residential operations at the super-prime scheme in London's Whitehall, which is due to open this winter
End of the Chain? A record three-quarters of buyers are now chain-free
"The current pace of the market has put buyers with a home to sell at the back of the queue," says Hamptons' research chief.
More property market records go as asking prices hit another all-time high
"It can’t and won’t continue like this," says Tim Bannister, Rightmove’s Director of Property Data, "but with the demand and supply imbalance being so out of kilter, it looks like any substantial…
Galliard ‘caves in’ to Gove’s cladding call
High-profile property developer agrees to government demands to pay cladding scandal costs, reportedly accusing the Housing Secretary of acting like "Al Capone".
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Buyers paying ‘significantly more’ for homes with low-carbon tech, says Savills, as energy prices rise
59% of home-buyers are willing to pay extra for a home that primarily uses renewable energy, according to a new survey, while a third of buyers think EPC ratings are more important now than they were a…
New Mandarin Oriental venture serves up ‘the finest 1%’ of homes around the world
Partnership with luxury vacation rental firm StayOne makes MO ‘the first luxury hotel group to extend their offering to the private home environment’
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.