New money laundering regulations are now in play
New anti-money laundering rules have come into force, affecting estate agents, high-end letting agents, solicitor, banks and lenders.
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
PEPs, SARs & MLROs: An A to Z of Anti-Money Laundering
As "gatekeepers", estate agents play a crucial role in the UK Government's ongoing efforts to stamp out money laundering and terrorism financing.
By PrimeResi
Candys in the clear as High Court throws out £132m legal action
Tycoons triumph after sensational set-to with entrepreneur Mark Holyoake
By PrimeResi
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£81mn London property portfolio frozen
UWO granted over 85 flats as Crown Prosecution Service probes source of funds.
Lending in the Shadows: What the MFS collapse means for London’s prime property market
Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn?
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
In Pictures: Inside Gunter & Co’s £9.6mn apartment at 60 Curzon
London studio joins roster of designers at the 32-home Mayfair scheme, where sales recently topped £270mn.
Opinion: Lucian Cook on what recent global & economic events mean for the housing market
Savills' research chief analyses the ramifications of rising inflation & international tensions on the UK's prime and mainstream property markets.
By Lucian Cook
‘State of the art’ Kensington townhouse with high-level heritage seeks £16.75mn
This Victorian home raised the game with one of the world's first hydraulic passenger lifts.
By PrimeResi
Where next for Europe’s branded residential sector?
Scheme numbers set to more than double by 2032 as brands ramp up expansion - but growth is being outpaced globally, new analysis shows.
FT: Meet the TikTok realtors selling £20mn mansions on their socials
The Financial Times profiles eight super-prime dealmakers using social media to build business.
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Planners back major rejig at Chelsea Barracks amid ‘significant’ market shift
Luxury townhouses switched out for apartments in next phase of super-prime Belgravia scheme, as developer cites changing demand.
Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?
Professors Hassan F. Gholipour & Mohammad Reza Farzanegan explore the rise and potential fall of one of the world's leading luxury property centres.
Weekly Showcase: Ten featured prime resi listings
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Lanesborough launches in-house debt & capital advisory business
Nicholas Shaw & Henry Browne have teamed up with Marc Ahearne to create Lanesborough Capital.
By PrimeResi
Huge construction loan for super-prime Beverly Hills development project
Advisors claim 'the largest non–data centre construction loan ever secured for a mixed-use project in the United States.'
By PrimeResi