Half of top-end estate agents are flouting AML rules – official report
50% of estate agencies advertising properties for sale at £5 million are either not registered for anti money laundering supervision with HMRC, or have failed to pay their annual fee, according to a new risk assessment by HM Treasury and the Home Office - which strongly criticises super-prime and online property agents.
Estate agents must reveal referral fees to customers or face a ban, says Trading Standards
Estate agents who continue to conceal referral fees from customers could be banned from the industry, says National Trading Standards.
Change at the top as Countrywide proposes a massive private equity ‘recapitalisation’
Countrywide Plc has announced a proposed "recapitalisation of the business" with a £90m private equity injection creating a new controlling shareholder, contingent on a new Chairman and CEO.
Jenrick reveals the Government’s ‘plan to re-start the housing market’ as estate agents & developers get back to work
The Government has eased the Coronavirus lockdown in a bid to re-start the housing market after seven weeks in cold storage. Estate agents' office can now re-open, viewings are permitted;
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Strutt & Parker strengthens super-prime lettings team
Long-established estate agency brings in lettings specialist Minnie Stainrod from UK Sotheby’s International Realty as part of new growth phase.
International buyer snaps up £24mn trophy apartment in Kensington
Agency tucks away 'outstanding' 5,500 sq ft unit overlooking Kensington Palace Gardens, bucking the wider slowdown in London’s super-prime market.
Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
£22mn penthouse sold in £50mn deal spree at top-end Kensington scheme
Lodha confirms launch date for next sales phase at Holland Park Gate following another run of big-ticket transactions.
Deal sealed on near-£23mn super-home in St George’s Hill
Buyer picks up 'ambassadorial' Julian Bicknell-designed mansion on the exclusive private estate in Surrey.
Paperwork, penalties & PRS pain: What can we expect from Westminster’s new selective licensing regime?
As applications open, lawyers Emma Chadwick & Stephen Burke run through the background, practicalities & implications of the borough's latest policy - and what landlords & agents need to be actioning now.
Developer secures financing for Marylebone townhouse transformation
Consented plans allow the former HMO to be reinstated as a single grand residence.
London Square gears up to launch sales at landmark heritage conversion project
Ambitious transformation of former Surrey County Council HQ is to deliver 264 new homes, with completion set for 2027.
Ex-Cushman & Wakefield partners launch real estate advisory firm
Rufus Morgan, Lewis Smith & James Woolley have teamed up on the new venture, Medbourne, which will specialise in the UK Living Markets.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
LATEST ARTICLES
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals impact of pre-Budget jitters on the capital's high-value sales & rental sectors.
In Pictures: ‘Immaculate’ Mayfair townhouse-mansion seeks £10.95mn
Thoroughly refurbished home is on the well-preserved Chesterfield Street - once home to Regency-era trend-setter Beau Brummell.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Savills, UBS, Knight Frank, Zoopla, HMRC, CBRE & more...
High-end agencies host global broker gathering in France
Hamptons’ International Private Office joined forces with Leggett Immobilier for its latest cross-border networking event.