Main image: Minister of State for Security and Economic Crime, Ben Wallace
Government vows to go after ‘sharp-suited facilitators’ in dirty money crackdown
'People have bought houses with cash, and somehow some estate agents have not thought that is remotely suspicious', vents security minister Ben Wallace
Bloomberg: Crooked banker tapped professionals to manage web of dirty money
Investigation shines a spotlight on the 'enablers' involved in overseeing the luxury assets of Azerbaijan’s Jahangir Hajiyev - reportedly including a set of super-prime mansions on the prestigious St…
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
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
Most read
‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Former CEO brings ‘significant whistleblowing case’ against Battersea Power Station owners
Lawyers say Don O’Sullivan's case 'raises very important questions about the integrity of financial reporting at Battersea', allegations that the company strongly denies.
By PrimeResi
DDRE reports £89mn in sales so far in 2026; boosts headcount to 55
Expanding PCL brokerage chalks up big-ticket deals and lands first resi development instruction.
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Buyer swoops on £19.95mn apartment at The OWO
Deal agreed in just seven days for Raffles-serviced residence at landmark Whitehall scheme.
$1bn & counting: Inside Manhattan’s ‘most successful’ luxury new development
PrimeResi gets a first look at the ultra-prime West Village scheme quietly racking up record-breaking deals.
London Square launches latest SW London scheme
Hot on the heels of projects in Battersea and Brook Green, the Aldar-owned firm has debuted a 123-home development in Wimbledon.
In Conversation: Lucie Hirst on prime market misconceptions and the new rules of buying
Buying agent Lucie Hirst discusses pricing realism, off-market networks and shifting demand across London and the Cotswolds.
On Leasehold Reform: What the big shake-up could mean for prime property investors
Following publication of the draft Commonhold and Leasehold Reform Bill earlier this year, lawyers Kate Stockdale & Michael Ellis assess the likely impact on ground rents, ownership structures and investor…
LATEST ARTICLES
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
Opinion: Lucian Cook on what recent global & economic events mean for the housing market
Savills' research chief analyses the ramifications of rising inflation & international tensions on the UK's prime and mainstream property markets.
By Lucian Cook
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
Government names seven ‘new town’ locations; confirms National Housing Bank leadership
A state-backed 'housing bank' will launch on 1st April, chaired by former Grosvenor boss Peter Vernon.
By PrimeResi
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.