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.
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
D&G brings in talent chief from Chestertons for UK growth drive
James Evans' firm is looking to double its headcount of self-employed brokers to 50 by the end of this year.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
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Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
In Pictures: Bioclimatic circular villas offer ‘haute couture’ living in the South of France
CURV unveils radical luxury resi concept in Provence & the Côte d’Azur; brings in Barnes International to handle off-plan sales.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Savills installs new head of resi sales in Surrey
Holly Sibley is now leading the agency's Reigate team.
Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.