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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DDRE Global closes £67mn of deals in bumper January; signs more top-flight agents
One of London’s best-known property advisors, Simon Barnes, has joined Daniel Daggers' luxury brokerage.
‘The rarest of opportunities’: Buyer sought for brace of historic mansions in London’s legal land
34,000 sq ft project on Lincoln’s Inn Fields offers diverse possibilities, including one of the capital’s grandest & most architecturally significant period homes.
Savills Private Office adds sports, media & entertainment specialist
Hugh Maconochie has joined the agency's HNW-focused division to lead the Sports, Media and Entertainment team.
Surprise result in £36mn Notting Hill moth mansion dispute
Judge rules super-prime home should be returned to the vendor after more than five years, in what lawyers call 'a really surprising' decision.
By PrimeResi
London resi veteran launches boutique buying agency
Matt Leitch's OQO London specialises in property searches & acquisitions for buyers & investors.
By PrimeResi
Well-known boutique agency moves into Mayfair
Hermione Russell & Ed Woolgar are leading Russell Simpson's third Prime Central London office.
By PrimeResi
INHOUS names new Head of London Sales & Searches
Former Marsh & Parsons and Black Brick agent steps up at David Johnson's agency.
By PrimeResi
Interview: Laura Conduit of Farrer & Co on navigating the legal side of luxury property
'It’s about being a normal human being and not a stuffy lawyer'; PrimeResi meets the head of property at one of London's oldest & best-known law firms.
James-Wright joins Cuthill’s Blue Book Agency
Top country house expert moves from The Buying Solution to Lindsay Cuthill's two-year-old firm.
By PrimeResi
Maybourne to bring ultra-luxury branded residences to Paris
Claridge's operator confirms plans for 23 top-end residences as part of new 'palace-style' hotel project in the City of Light.
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