Propertymark flags ‘major concerns’ in UK sanctions rules
There's a mismatch between rules around financial sanctions and anti‑money laundering regulation, warns trade body.
What to read next
New sanctions compliance legislation for all lettings agents is less than a month away
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Propertymark has compiled a guide to new reporting requirements that come into force next month.
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Anti-money laundering compliance in the luxury property sector has never been more important, with property brokers often on the front line of the battle against corrupt finance.
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Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Buyer swoops on ‘one of London’s most celebrated historic houses’
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Guernsey’s biggest privately-owned estate seeks £65mn
The 80-acre Havilland Hall comes with a Regency mansion, a private 'village' and an array of leisure & business facilities.
Grosvenor Square penthouse finds buyer at nearly half its original asking price
Seven-day exchange follows more than three years of marketing for hefty Mayfair duplex.
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Lavish show apartment dressed by New York designer Jamie Drake is pitched at £83.7mn.
High-profile agency reopens SW3 sales operation
Chestertons has a dedicated Chelsea sales team for the first time in nine years.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Interview: Alexander Main on entrepreneurship, building a brokerage & getting PCL deals done
‘You can’t just wait for the market to come to you’: Agency founder talks HNW buyer trends, turning marketing spend into sales & why half his firm’s deals this year have involved another agent.
UK Sotheby’s signs Surrey specialist from Savills
Experienced agent joins as firm gears up for ‘important next step’ in the county.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
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New island Director for Spain Sotheby’s International Realty
Top-end agency claims 90% of Balearic Island buyers are international, with 80% of its transactions involving Brits or Germans.