Overseas Entities: The real estate effect
The effects of the Economic Crime Act will be felt far and wide across the UK real estate industry, writes Nathan Rees. Here’s how the new rules will affect overseas entities that own, acquire or dispose of land in the UK - and also those who enter into transactions with them…
‘There will be nowhere to hide’: Government fast-tracks Economic Crime Bill & register of overseas property owners
"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
Who will watch the watchmen: On dirty money & estate agency
The government is finally stepping up the fight against the tide of 'dirty money' flowing through the UK property market, but estate agents shouldn't be the first line of defence, argues Saul Empson..
Jenrick reveals the Government’s ‘plan to re-start the housing market’ as estate agents & developers get back to work
The Government has eased the Coronavirus lockdown in a bid to re-start the housing market after seven weeks in cold storage
Most read
In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
LATEST ARTICLES
Hamptons recruits SW London specialist
Russell Gooden has been named as the agency's new Head of Sales for Richmond, East Sheen, Kew & Barnes.
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Foxtons reports ‘a notable increase’ in London rental supply
The capital's lettings market is 'defying the typical seasonal slowdown,' says agency.
Mandarin Oriental debuts branded residences in Abu Dhabi
Property developer Aldar has launched sales at Abu Dhabi's first Mandarin Oriental Residences.
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.