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. A Government consultation has been launched to assess what impact this might have on the industry
Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.
By PrimeResi
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.
By PrimeResi
Right to Rent breaches human rights laws, rules the High Court
Right to Rent "does not merely provide the occasion or opportunity for private landlords to discriminate," said the High Court Judge, "but causes them to do so where otherwise they would not."
By PrimeResi
Most read
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.
International buyer lands six apartments at super-prime Mayfair scheme
Buying agent Ollie Marshall says multi-unit acquisition, with a combined asking price of £55mn, is a 'huge endorsement for London'.
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.
LRG snaps up Chelsea agency Farrar & Co
Estate agency group adds longstanding RBKC independent to growing stable.
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.
London house price growth set to climb to 7% a year by 2030
The capital's property market is likely to under-perform the rest of the UK in the short term - but CBRE says a 'chronic shortage of upcoming supply in London' means price growth is likely to accelerate…
By PrimeResi
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
LATEST ARTICLES
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