Letting agents urged to get ahead of new sanctions rules
Failure to comply could lead to big fines or even criminal prosecution.
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.
Revenue boost for Rightmove as agents dig deeper
Average revenue per advertiser was up by 11% last year, reports portal.
Quarter of agents yet to register for money laundering supervision
HMRC is ‘hot on the heels’ of those agents falling foul of their obligations, warns tech firm
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DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Green light for £1.3bn West London brewery regen scheme
Squire & Partners-designed riverside development approved after a decade-long planning battle.
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
Tom Bill: ‘Wexit’ weighs on demand in Prime London markets
Average prices in PCL fell 1.6% in the year to April amid ongoing uncertainty around tax changes, reports Knight Frank's head of UK resi research.
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
LATEST ARTICLES
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Property Industry Reactions: BoE cuts interest rates to 4.25%
Housing market leaders have welcomed the latest news from the Bank of England's Monetary Policy Committee.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.