London property tied to Iranian elites worth £200mn, report claims
'The scale and nature of these acquisitions raise serious questions about how the UK’s anti-money-laundering framework allowed this to happen over a period of many years,' says Transparency International.
Bangladeshi corruption investigations raise alarm over London property market
'This is a test for the UK government to demonstrate it can fulfil its ambition of being the anti-corruption capital of the world,' says Transparency International.
By PrimeResi
Estate agents are ‘de facto agents of the Russian state’, claims Parliamentary report
There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence…
By PrimeResi
Vatican arrests London property middleman over Sloane Avenue deal
Gianluigi Torzi is being held on suspicion of extortion, embezzlement, aggravated fraud and money laundering, in relation to the multi-million pound acquisition of 60 Sloane Avenue.
By PrimeResi
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
By PrimeResi
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
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Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
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Brokerage recruits well-known former Marsh & Parsons director.
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Any ‘instant contract’ system will still be riddled with legal exits large enough to drive a removal lorry through - there is a much better solution available, says veteran agent.