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
Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
By PrimeResi
Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
By PrimeResi
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
By PrimeResi
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
By PrimeResi
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
First Look: Valouran opens sales at Bishops Avenue Gardens
Super-prime developer's 36-unit scheme aims to usher in a 'new era' of luxury living on Billionaires' Row.
Mapped: Latest price & rental growth across Prime London
Neighbourhood-level data points to further steep declines across the traditional PCL heartlands in the past three months.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
LATEST ARTICLES
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
By Tom Adams
My Property Career: Quickfire Q&A with Jeremy Gee
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Ch4 backs proptech firm OneDome in £7.5mn deal
Home-moving platform wants to recruit up to 500 brokers to handle an anticipated 'substantial increase in client enquiries' following media-for-equity investment.
By PrimeResi
Brace of ‘breathtaking’ Scottish castles seek buyers
Orchil & Ormiston Castles have both been fully restored, suitable for use as grand family residences or business ventures.
By PrimeResi