New money laundering guidance for estate agents
HMRC has published a new set of risk indicators, with advice for property professionals on how to spot and tackle money laundering.
Estate agents must reveal referral fees to customers or face a ban, says Trading Standards
Estate agents who continue to conceal referral fees from customers could be banned from the industry, says National Trading Standards.
Half of top-end estate agents are flouting AML rules – official report
50% of estate agencies advertising properties for sale at £5 million are either not registered for anti money laundering supervision with HMRC, or have failed to pay their annual fee, according to a new…
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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Off-market Notting Hill house sells close to £35mn guide
Luxury brokerage secures rare 9,000 sq ft lateral home for British buyer in ‘landmark’ deal.
Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
LRG snaps up Chelsea agency Farrar & Co
Estate agency group adds longstanding RBKC independent to growing stable.
Luxury London homes in administration: What buyers, agents & investors need to know
With hundreds of high-end flats from Mayfair to Knightsbridge expected to hit the market following a major lender collapse, Tahmid Majeed looks at the legal realities of such sales.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
By Andrew Dunn
Bentry assembles consultants for ‘No.1 Hampstead’ apartment scheme
Stanhope Gate Architecture is drawing up fresh plans for the redevelopment of the Baroque-style Branch Hill House in North London.
By PrimeResi
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
By Saul Empson
South Ken penthouse stars in £45mn Allsop resi auction
Lavish top-floor residence with wraparound terrace goes under the hammer as resi and commercial auctions raise £105mn.
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Savills in LA tie-up with top-end brokerage
‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Spring bounce falters as new buyer numbers drop 11%
Initial impact of the Middle East conflict is becoming more obvious, says Knight Frank.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
By Saul Empson