Reservation Agreement stands up in court as buyer who ‘withdrew unreasonably’ told to pay up
This is the first time Gazeal's agreements have been tested in the courts.
Billionaire brothers go to court over asset sharing letter
The Hinduja brothers are embroiled in a High Court case over a six year old letter which states that “assets held in any single brother's name belong to all four”.
By PrimeResi
High Court quashes Crime Agency’s super-prime Unexplained Wealth Orders
The NCA says it will appeal the decision, as it continues to go after Kazakh-owned luxury properties in Hampstead, Highgate and Chelsea.
By PrimeResi
‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
By PrimeResi
Most read
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
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Rightmove ramps up tech updates as revenue climbs further
Property portal just delivered its 'highest-ever number of monthly product releases' as it zeroes-in on AI.
By PrimeResi
£16mn townhouse sets new benchmark on Prince Albert Road
8,000 sq ft home overlooking Regent’s Park came with a 'spectacular' private leisure complex.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
In Pictures: Parisian hospitality brand to launch Miami Design District residences
Fouquet’s to debut branded residences in the US, in a 25-storey Chipperfield-designed tower.
By PrimeResi
California homeowner offers luxury estate in exchange for Anthropic shares
Niche pitch targets AI firm’s equity-rich employees.