Money laundering fines rocket as HMRC gets tough on dodgy dealings
Volume of fines handed down to UK companies - including estate agencies - nearly doubled in 2017-18
HMRC hasn’t investigated many estate agents over money laundering
'Everybody’s talking about money laundering but it seems like nobody’s doing anything about it' says law firm Fieldfisher after finding out exactly how many investigations have been carried out in…
By PrimeResi
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
Select Committee flags five money laundering loopholes
160 properties worth over £4bn have been 'identified as being purchased by high corruption-risk individuals', reports the Joint Committee on the Draft Registration of Overseas Entities Bill
By PrimeResi
Most read
Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
By PrimeResi
Estate agency named among UK’s fastest-growing firms
Self-employed firm The Agency UK was the only estate agency to feature in this year's Sunday Times 100 ranking of high-growth private businesses.
Buying agency ‘seal of approval’ seeks to help home-buyers pick trusted advisors
First In The Door's Prime Property Seal of Accreditation™ aims to create 'a curated network of best-in-class advisors.'
By PrimeResi
LATEST ARTICLES
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
The Beautiful Game: Americas hold home advantage in global branded resi boom
As the World Cup kicks off in Canada, Mexico & the USA, Savills dives into how the region dominates the international branded residential arena - accounting for 45% of all completed branded resi projects…
By PrimeResi
Househunting activity dropped during May’s holiday heatwave
Rightmove data reveals a dip in buyer demand as temperatures soared - but things seem to have settled down now.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Six Senses unveils Michaelis Boyd-designed branded residences in Portugal
Property developer VIC has launched 58 branded residences on the protected Alentejo coastline, priced from €2.76mn.
By PrimeResi