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
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Top-end developer appoints agents at boutique Mayfair scheme
REDD gears up to launch sales at latest project on Charles Street, after early off-market deal sets £5,000 psf benchmark.
Fairway Capital tees up £50mn Belgravia mews scheme
Conversion of historic garage site to deliver first complete terrace of new mews houses in the neighbourhood since the 1950s.
Candy Capital teams up with Abu Dhabi property developer to ‘redefine luxury living on a global scale’
British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
In Pictures: Inside an ‘ultra-high-end’ renovation project in Knightsbridge
Rigby & Rigby is collaborating with NJF Design to create a 'one-of-a-kind' residence on Walton Place.
Walter Lilly merges with Size Group
Specialists join forces to create 'high quality multi-sector construction craft group'.
DDRE boosts Home Counties coverage
High-end brokerage adds two new advisors targeting prime markets beyond the capital.
Luxury apartment block hits the market in Hampstead
Buyer sought for rare prime resi investment opp in one of London's top neighbourhoods.
Peter Jackson: What’s next for tall residential-led buildings?
One of SOM's London-based leaders talks us through the latest advances in tall building design, and explains how a new wave of schemes are attracting - and retaining - residents.
Recently-launched prime country house agency expands into the Cotswolds
Chartwell Noble was set up earlier this year by Ross D’Aniello, Stuart Bass & George Pickard.
In Pictures: Joyce Wang Studio designs £17.25mn apartment at The Whiteley
International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the £1.2bn west London scheme.
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Savills recruits Knight Frank’s Gigi to head Hampstead sales
Agency confirms 'major' resi appointment in north London.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
In Pictures: High-spec Wimbledon Village mansion seeks £15.5mn
Super-prime listing on prestigious Parkside comes with 'best in class' amenities including a pool, sauna, ice pool & private cinema.
Prime London rental growth back to ‘historically normal levels’
Annual change of 1.1% was recorded in PCL in September, the first time the figure has been below 2% since mid-2021.