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
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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
By PrimeResi
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
By PrimeResi
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
By PrimeResi
Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
By PrimeResi
In Pictures: French Riviera ‘Bond Villa’ returns to market
Villa Roc Fleuri was formerly home to Bond actor Sean Connery.
By PrimeResi
New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
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Gravett takes over as CEO of Cluttons
Outgoing boss James Gray is retiring at the end of August after 35 years with the business.
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
By PrimeResi
Oliver Burns hires ex-Morpheus & Co design chief to spearhead international strategy
Kelly Cinnamond Santos will lead the super-prime studio’s move into global hospitality and branded residences.
New land & development consultancy launches in the Home Counties
Mito Land has been set up by Carter Jonas alumnus Toby Lambert and former Jarvis Homes Director Michael Margereson.
By PrimeResi
Lendlease confirms ‘late stage’ negotiations for major Crown Estate JV
Elephant Park, Silvertown & Euston over-site developer is looking to 'accelerate the release of capital from international development through capital partnering'.
By PrimeResi