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
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
In Pictures: John D Wood & Co.’s Summer Party 2026
Venerable estate agency held its annual bash in Belgravia last week.
By PrimeResi
LATEST ARTICLES
Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
By PrimeResi
Berkeley profits drop by nearly 15%
The major housebuilder has bought just three sites in the last three years, as economic and political challenges thwart activity.
By PrimeResi
Notting Hill & Bayswater specialist joins Harding Green
Brokerage recruits well-known former Marsh & Parsons director.
Trevor Abrahmsohn: My radical solution to ending bad buyer behaviour
Any ‘instant contract’ system will still be riddled with legal exits large enough to drive a removal lorry through - there is a much better solution available, says veteran agent.
House-building numbers set to slump as viability squeeze deepens – Savills
Property consultancy's updated forecast points to a sharp downturn, with completions falling to just over 150,000 in each of the next two years.
By PrimeResi