Damian Shepherd

Nick Candy has sold his family home in London’s exclusive Chelsea district to an unnamed buyer for more than $350 million, believed to be the biggest single house sale in history.

(Bloomberg) -- Nick Candy has sold his family home in London's exclusive Chelsea district to an unnamed buyer for more than £270 million ($350

UK entrepreneur Nick Candy, who divorced Australian actress Holly Valance last year, has completed what is believed to be the most expensive house sale in history.

UK entrepreneur Nick Candy, who divorced Australian actress Holly Valance last year, has completed what is believed to be the most expensive house sale in history.

Foxtons Group Plc, one of London’s biggest real estate agencies, is cutting jobs in its sales division and asking some brokers to move to its lettings business after a slump in deals.

John Aylward, founder of hedge fund Sona Asset Management, has bought a mansion in London’s high-end Belgravia district for £35 million ($48 million).

(Bloomberg) -- John Aylward, founder of investment firm Sona Asset Management, has bought a mansion in London's high-end Belgravia district for £35

This story is based on interviews with former and current Sotheby’s employees, as well as emails, screenshots and other documentation.

The hotel behind Claridge’s has been operating for almost two years without meeting planning rules.

Sheikh Maktoum bin Mohamed bin Rashid al Maktoum has bought a townhouse in London’s Belgravia neighborhood for £35.5 million ($47 million), one of the biggest house deals in the city this year.