HMRC hits Purplebricks with £260k fine over AML breach
£266,793 penalty was levied for 'failures in having the correct policies, controls and procedures, conducting due diligence and timing of verification'.
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LonRes acquires AML consultancy
FCS' range of compliance services will help 'free up agents to concentrate on what they do best', says the B2B trading platform and data provider...
Countrywide fined £215k in HMRC crackdown
UK's largest estate agency penalised for failing to comply with money laundering regulations; HMRC carries out week-long swoop on property firms around the country
Tech firm launches ‘ultra-secure’ compliance platform for estate agents
Backed by Mishcon de Reya and Alex Chesterman, Thirdfort's latest proptech product promises "bullet-proof AML for estate agents".
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Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Knight Frank bolsters London-based Turkish team
Two new recruits join as agency reports ‘significant’ flow of capital from Turkey into the new homes market.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
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There are significant issues with the roll-out of the incoming High Value Council Tax Surcharge, but recent headlines seem a bit excitable.
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Westminster prices are apparently down by a quarter and RBKC by 15% - but the detail tells a rather more nuanced story.
Berkeley teams up with Rise Art for Camden Goods Yard showcase
Online gallery collaboration 'explores how art can be integrated into the context of a home, responding directly to its architecture and neighbourhood,' says curator.
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Rightmove analysis confirms easing house prices in higher-value areas.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Savills, Zoopla, ONS, Garrington Property Finders, TwentyEA & more...