New British sanctions regime clamps down on ‘blood money’ property acquisitions
"Those with blood on their hands, the thugs and despots, the henchmen and dictators, will not be free to waltz into this country to buy up property on the King’s Road," declares Foreign Secretary Dominic Raab.
BBC exposes Ukrainian gangsters using PCL properties to launder ‘dirty money’
Panorama flags eight resi property deals in Knightsbridge, Kensington, Marylebone & Battersea with alleged links to 'dirty money' & Ukrainian gangsters
By PrimeResi
How exactly did you pay for that mansion? British government targets corrupt oligarchs in ‘McMafia style’ shakedown
"If they are an MP in a country where they don’t receive a big salary but suddenly they have a nice Knightsbridge townhouse worth millions and they can’t prove how they paid for it, we will seize that…
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
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Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
By PrimeResi
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
Deal sealed on rare penthouse overlooking Regent’s Park
Boutique firm tucks away 4,000 sq ft spread at close to its £7.5mn guide as part of £30mn deal run.
Hutton Bubear brings in D&G alumna to boost country coverage
Well-known agent Tamzin Incledon will oversee searches in The Chilterns, Oxfordshire and Surrey for the boutique property firm.
Historic St John’s Wood school building set for luxury resi revival
Swift consent secured for MWA-designed plans to restore former residence & studio of the artist John O’Connor.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
By PrimeResi
LonRes names first Chief Operating Officer
Marketing chief Emma Herriman steps up to new COO role after a decade at the B2B property data platform & network.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
By PrimeResi
Jamie Hope: Uncertainty is the only certainty we have
'Buyers are looking at the market through an ultra-cautious lens,' but boutique agency boss still sees positive signs.
By Jamie Hope
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
By PrimeResi
LATEST ARTICLES
In Pictures: Rare townhouse on Pimlico’s St George’s Square seeks £10mn
Agents instructed on hefty 1843 Thomas Cubbitt-designed freehold with literary provenance.
Property market guru Siebrits launches consulting venture
Jennet Siebrits previously led CBRE's research department.
By PrimeResi
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
By PrimeResi
Prime prices dip amidst tax jitters – Rightmove
Property portal data reveals a slight year-on-year decline in average new asking prices, driven by falling values in London and the South of England.
By PrimeResi
Average rents dip as inflation picks up – Hamptons
Rental prices have risen at about the same pace as package holiday costs over the last five years, reports national letting agency.
By PrimeResi