London letting agent shines a light on the ‘uphill struggle’ against rental fraud
'Whilst digital and AI technology has evolved rapidly, rogue tenants have also evolved with it, becoming increasingly more inventive in how they trick the system,' warns Benham and Reeves.
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
A ‘sophisticated gang of fraudsters’ is targeting luxury rental flats in London
Estate agents tell of fraudulent tenants targeting luxury rental homes in London, while Benham & Reeves has flagged a 117% "surge in fake applications" in the wake of the recently-enacted Tenant Fee Act…
By PrimeResi
Knight Frank rolls out Home Owner’s Passports to ‘transform the way properties are sold’
A tech-led compliance partnership represents 'a leap forward in the use of upfront information in property transactions', says Teal Legal.
By PrimeResi
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Touring eight of London’s most spectacular ultra-prime listings
From an 'incomparable' Hyde Park penthouse to a hidden mansion in Knightsbridge, PrimeResi looks at the options for elite buyers with super-sized budgets.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
Top-end construction firm installs new Group MD
Castellum founders herald 'a key milestone' for the business as Lyndon Marfell joins from Walter Lilly.
By PrimeResi
Buying agency platform adds two heavyweight advisors
Johnny Turnbull & John De Pree have joined Claire Whisker's First In The Door team.
By PrimeResi
‘We leaned into the contrasts’: Joe Serrins on designing one of London’s most spectacular penthouses at Battersea Power Station
IN PICTURES: How a NYC-based studio approached a 'very special opportunity' to work in one of London's most iconic buildings.
Bumper summer for boutique London estate agency
Arlington Residential reports 'surge' in sales & listings across neighbourhoods from Marylebone to Hampstead.
In Pictures: Trio of show apartments unveiled at new Kensington scheme
Turnkey options served up at reworked mansion block off High Street Ken.
Luxury property brokerage targets ‘an emerging affluent generation’ with global ad campaign
Sotheby’s International Realty's seven-figure marketing drive focuses on one-off homes, positioning agents as 'curators of the unique.'
By PrimeResi
In Pictures: Important Arts and Crafts mansion in Hertfordshire seeks £25mn
1901 specimen is regarded as one of the finest works by the architect George Walton.
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New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
By PrimeResi
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
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Prime London rents are now more than 30% above their pre-pandemic average
Annual growth moved upwards to 2.6% last month, reports LonRes.
In Pictures: Mitsui Fudosan & Stanhope go live with final phase of Television Centre
AHMM-designed tower will be delivering 167 new apartments & penthouses at the historic home of the BBC in West London.
UK market ‘is becoming more free flowing,’ says buying agency – but ‘it is far too soon to call this a full recovery’
'With many buyers spoilt for choice and sellers keen to get a deal done, generous discounts are still achievable for buyers who do their homework and negotiate effectively,' says Garrington.
By PrimeResi