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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Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
By PrimeResi
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.
By PrimeResi
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
In Pictures: Trophy apartment at Clarges Mayfair lists at £39.5mn
Buyer sought for 4,650 sq ft sub-penthouse with two roof terraces at the prestigious development opposite Green Park.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
Westminster’s rental licensing scheme launches this month
New rules for some central London landlords kick in on 25th November 2025.
By PrimeResi
LATEST ARTICLES
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
Trio of Bloomsbury Square townhomes brought to market
Freehold Georgian buildings on London’s oldest garden square could suit a wide range of uses, say agents.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
UK proptech platform picks up property portal pioneer Home.co.uk
Homemove takes on 30-year-old property search site, promising continuation of free listings & suite of improvements.
New Yorkers elect left-leaning Mayor promising housing & tax reform
Zohran Mamdani wants to freeze rental prices & raise taxes on high-earners in the Big Apple.
By PrimeResi