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PrimeResi Directory

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A directory of the prime movers at the top of the property market.

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    We are hiring! About us: Quintessentially Lifestyle is the world’s leading Luxury Lifestyle Company. Launches in 2000 as a London based concierge service, Quintessentially Lifestyle has expanded to have offices in over 60 cities around the world. The service provided to our discerning and high net worth Members is proactive and personalised, catering to ever
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    Company Profile Quintessentially Estates is a dedicated global property specialist with deep expertise and insider knowledge, focused on delivering extraordinary personal service. Quintessentially Estates has 11 offices across the globe with our head office located in Belgravia. Our clients seek professional and specialist advice for all property requirements, whilst simultaneously gaining access to an unrivalled
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    Savills is looking for a Social Media Manager. Full details and how to apply here
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    We have been exclusively instructed by one of our clients to recruit a Lettings Director to run their successful lettings division. This is an exciting career opportunity with a very well established independent London estate agency that has a small but successful network of offices in West London. This is a very hands-on role where the successful candidate will
  • Residential Lettings Coordinator for a Major London Landlord
    We currently have a fantastic opportunity to work with this major London landlord based in Marylebone. This central London estate comprises of property assets worth billions of pounds, including residential, retail and offices. The estate handles most matters in-house, including management, lettings, project management, acquisitions and rent reviews. They are currently looking to recruit a Residential Lettings Coordinator to join their team in their central London
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    This highly respected firm of estate agents and chartered surveyors, with a successful network of offices in London and the country, is looking to hire a Lettings Associate to join the new office in Mayfair. This is an excellent opportunity within a highly respected brand and our client is looking to consider applicants looking to make their next step on the career ladder.
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    Strutt & Parker is advertising an opportunity to join the Estate Agency team in Ascot. Full details and how to apply here
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    Knight Frank’s resi sales team is looking to recruit a Senior Negotiator or Associate to specialise in Prime Sales. Full details and how to apply here  
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    We are looking for a driven head of marketing and PR to join us at our London headquarters. As a strong brand marketer and PR communicator, they will be responsible for building and executing a strategic marketing and PR objective globally for all offices in USA, Europe, APAC and UK ensuring strength of execution to
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    Chestertons is looking for a Recruitment Officer. Full details and how to apply here

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Paper Fail: ‘If tax doesn’t kill the market, red tape will’

“If tax doesn’t kill the market, red tape will,” growls Alan Page, as a deal becomes mired in an absurd paperwork swamp. As the rather derisory offer for our...

“If tax doesn’t kill the market, red tape will,” growls Alan Page, as a deal becomes mired in an absurd paperwork swamp.

As the rather derisory offer for our house stutters somewhat lifelessly towards a still very unpredictable conclusion, it’s no longer Osborne’s rip-off tax-take that’s likely to kill it. It’s the unbelievable volume of red tape.

Like most things, property has become mired in a bog of meaningless paperwork designed, apparently, to protect a feckless population from its own common sense.

Obtaining a mortgage is now a Kafkaesque farce (or should that be nightmare). Even successful city types with bonus-pots to die for face a wall of inane enquiries utterly irrelevant to their ability to maintain the monthly repayments. These are people who on a daily basis probably invest multiple millions, but are not trusted to know their own position well enough to borrow even a relatively small percentage of a property’s value.

Things may have been in need of a slight tightening after the “crash”, but this is murderous strangulation.

When it comes to the property itself, the level of paperwork sought by ever more zealous lawyers is bordering on the insane.

I would not be in the least surprised to be asked to guarantee my buyer’s happiness in the house.

Asked for a warranty on the whole heating system (bear in mind that this is a small, two bed house) I simply replied – yes, I guarantee that it has one.

I’ve heard of insulating a property, but now it seems the buyer must be insulated too – from every known risk, every known potential problem, every known unknowable.

We have supplied planning permissions, building regs certification, electrical safety certification, gas safety certification… and still the requirements keep coming in.

“Did you have Conservation Area permission to replace the roof?”. Well, you pointless box-ticking robot, I’ve given you a ten year roof guarantee and, if we hadn’t replaced it, the thing would probably have collapsed on your buyer’s head. So, what would you prefer? I bit of A4 paper, or a rather beautiful new roof?

In truth, our transaction is not remotely complex or fraught with too many problems. There is absolutely nothing that a conversation face-to-face between myself and the buyer could not iron out.

But no, that’s simply not the “done thing”. So we’ll keep bouncing bits of digital paperwork around the global servers of Google until some sort of conclusion is finally reached.

What that will be I have absolutely no idea. And it certainly doesn’t come with a guarantee.

kafka groven

Image by Harald Groven: Author Franz Kafka and sociologist and founder of bureacuracy research Max Weber (CC by SA 2.0)

Catch up on all the latest from the Doer Upper (a.k.a. Alan Page) at his blog here, or follow him on Twitter @beachcomberpage

The views of contributors are not necessarily those of PrimeResi or its publishers.

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