Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...
Archive
Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...
18 April 2024
From: Breaking News
The UK Government should make better use of property taxes to deter foreign buyers, boost property supply and raise tax revenue,...
20 March 2024
From: Breaking News
Savills has claimed most of the property markets It operates in are past “peak uncertainty” after posting lower revenues and profits...
15 March 2024
From: Breaking News
Foxtons has recorded a 31% annual increase in the value of its under offer pipeline during the first couple of months...
06 March 2024
From: Breaking News
Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels”...
04 March 2024
From: Breaking News
A network uniting ethical estate agents has officially launched today with 25 members. The Ethical Agent Network (EAN) is led by industry...
04 March 2024
From: Breaking News
Rightmove has reported a 7% rise in operating profit despite losing agents last year. The portal’s latest annual report released this morning...
01 March 2024
From: Breaking News
LSL’s estate agency network has performed ahead of its plans since shifting to a franchised model last year. The LSL estate agency...
02 February 2024
From: Breaking News
The average household in England and Wales who purchased in the past 20 years and sold last year achieved profits of...
22 January 2024
From: Breaking News
In this latest article from the team at Iceberg Digital, they discuss a beacon of hope for agencies looking to thrive...
17 January 2024
From: Breaking News
Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...
11 January 2024
From: Breaking News
This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...
23 December 2023
From: Features
By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...
18 November 2023
From: Features
Most weeks there are stories within the property sector that quietly slip under the radar - but which hold huge significance. Last...
23 October 2023
From: Breaking News
The final tickets are on sale for next month’s Agency Excellence Summit. The event takes place at the Manchester Piccadilly Hotel on...
23 October 2023
From: Breaking News
LSL has described the transfer of its estate agency business to a franchise model as a success and said it expects...
28 September 2023
From: Breaking News
The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...
21 September 2023
From: Breaking News
The slower sales market has started hitting high-profile agency and property brands. Agency franchise brand Winkworth’s half year results yesterday showed network...
07 September 2023
From: Breaking News
Property franchise and financial services group, Belvoir plc, has reported increased half-year revenue and pre-tax profits. Revenues grew 3% to £15.9m, management...
05 September 2023
From: Breaking News
An estate agency with a major new homes department claims new build sales are proving more resilient than the mainstream market. Leaders...
14 August 2023
From: Breaking News
Hamptons is warning landlords disillusioned with buy to let that they may have missed the top of the sales market -...
14 August 2023
From: Breaking News
Retail queen Stacey Cartwright will succeed Nicholas Ferguson as chair of Savills from December 31 - but she inherits a company...
11 August 2023
From: Breaking News
London estate agency Chestertons has made another senior appointment for its growing New Homes division. Henry O’Neill, former New Homes Director at...
11 August 2023
From: Breaking News
The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...
08 August 2023
From: Breaking News
Over recent years, as successive governments have tightened lettings legislation and increased the tax burden on landlords, some with investment properties...
05 August 2023
From: Features
CRMs can be superheroes for your business, but not all of them possess the necessary powers to save the day. As...
11 July 2023
From: Sponsored Content
Zoopla has sealed a new long-term contract with estate agent Andrews, which encompasses 44 branches across southern England. Andrews has signed up...
13 June 2023
From: Breaking News
Purplebricks has warned its cash reserves are under threat if its strategic review and sales process isn’t completed soon. A trading update...
09 May 2023
From: Breaking News
Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...
20 April 2023
From: Breaking News
The Property Franchise Group (TPFG) has described its sales business as ‘operationally challenging’ for last year despite posting a record financial...
18 April 2023
From: Breaking News
Self-employed agency network eXp UK has passed the 400 agent mark and beyond. The brand has announced that it now has 401...
17 April 2023
From: Breaking News
According to the recent industry research report ‘Back to the Future’ from tmgroup, mio and CDS 40% of property transaction delays...
01 April 2023
From: Features
Higher utility and staffing costs pushed profits down in Savills’ UK residential business last year. The property and agency brand revealed in...
17 March 2023
From: Breaking News
You don’t need me to tell you that buy to let has had a torrid time of it lately. For agents trying...
10 March 2023
From: Breaking News
Analysis by professional cash buyer and portfolio landlord, Landlord Buyer (part of Open Property Group), has revealed what costs make up...
08 March 2023
From: Features
Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...
06 March 2023
From: Breaking News
The Connells Group has said it remains optimistic about the year ahead after reporting falling profits and a decline in exchanges...
02 March 2023
From: Breaking News
The property industry's self-destructive, point-scoring way of working just doesn’t cut it. When low stock means low cash flow low, agents and...
01 March 2023
From: Sponsored Content
Chartered psychologist, neuroscientist and award-winning science communicator Dr Sabina Brennan has been announced as the latest speaker at this year’s Propertymark...
28 February 2023
From: Breaking News
In this guest feature, Dillon Darbar, counter fraud manager at Network Homes, sets out why estate agents need to be aware...
26 November 2022
From: Features
LSL has warned of a slowdown in sales and a rise in fall-throughs at the agency as it issued a “cautious...
25 November 2022
From: Breaking News
An estate agent has kicked off a bid for Christmas number one with a World Cup-inspired song. Ealing-based estate agent Marco Helliwell,...
14 November 2022
From: Breaking News
Mortgage rate hikes have already halved landlord profits according to latest research, and a base rate rise to 2.5% will see...
02 November 2022
From: Features
Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...
11 October 2022
From: Breaking News
As I watched Liz Truss take to the stage at this week’s Conservative Party conference, my eyes were drawn to the sign behind her. “Getting Britain...
08 October 2022
From: Features
The Property Franchise Group (TPFG) is still expecting a strong 2022 after posting increased half-year revenues and profits this morning. The listed...
13 September 2022
From: Breaking News
New Housing Secretary Simon Clarke may be an unknown entity to many agents but he has a track record of supporting...
07 September 2022
From: Breaking News
From housebuilding to planning laws and stamp duty reform, agents and property professionals were ready with plenty of suggestions for Liz...
06 September 2022
From: Breaking News
As inflation passes the 10% mark, it’s no surprise that many landlords are hurriedly reviewing the health of their buy-to-let portfolio. You...
03 September 2022
From: Features
High-end estate agency Savills has posted a mixed set of half-year results, with revenue up to over £1 billion but the property...
12 August 2022
From: Breaking News
Last week was quite a week for major trading updates, with four of the market’s biggest players announcing either half-year or...
08 August 2022
From: Breaking News
Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...
04 August 2022
From: Breaking News
Yesterday’s publication of Purplebricks’ annual results – which made for very difficult reading for the troubled brand – came as part...
03 August 2022
From: Breaking News
Lettings has helped drive Foxtons revenue and profits for the first half of the year, a company update has revealed. The listed...
28 July 2022
From: Breaking News
The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...
16 March 2022
From: Breaking News
High end estate agency Savills says the imposition of sanctions on Russians, amid new measures obliging overseas buyers to be more...
11 March 2022
From: Breaking News
A 20 year old estate agent who admitted being four times over the drink driving limit has been fined and banned...
07 March 2022
From: Breaking News
Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...
02 March 2022
From: Breaking News
Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...
15 February 2022
From: Breaking News
Low fee agents such as Purplebricks and some other online operators are generally not trusted by the public when selling their...
01 February 2022
From: Breaking News
Purplebricks says there’s an uncertain period ahead following a sharp loss of revenue in the first half of its trading year. In...
31 January 2022
From: Breaking News
OnTheMarket has this morning told shareholders that its performance is ahead of expectations and it's on course to make improved profits...
21 January 2022
From: Breaking News
Strong house price growth since the pandemic began has boosted seller gains with the typical vendor who bought two decades ago...
11 January 2022
From: Breaking News
A new report wants the government to consider slapping Capital Gains Tax on profits made from appreciating house values for all...
09 December 2021
From: Breaking News
Purplebricks’ official statement on the departure of chief marketing officer Ben Carter merely says he’s leaving at the end of the...
07 December 2021
From: Breaking News
Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...
06 December 2021
From: Breaking News
Mark Meyer, CEO, Meyers Estate Agents: “We’re on a mission to revolutionise the traditional concept of estate agency. We don’t have...
03 December 2021
From: Sponsored Content
Let’s begin with total transparency from this author: I believe there’s a place for Build To Rent in the wider portfolio...
27 November 2021
From: Features
Franchise giant Winkworth says at least eight new offices will open next year, following an upbeat performance in 2021. In a trading...
12 November 2021
From: Breaking News
A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p. This is less...
08 November 2021
From: Breaking News
In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...
06 November 2021
From: Features
The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...
05 November 2021
From: Breaking News
There has been criticism of the new Residential Development Tax, levied to fund remedial work on dangerous cladding on high rise blocks. The tax...
28 October 2021
From: Breaking News
The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...
27 October 2021
From: Breaking News
OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...
12 October 2021
From: Breaking News
The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...
14 September 2021
From: Breaking News
There is a report that the private equity owner of Leaders Romans Group has appointed bankers to work on a ‘strategic...
06 September 2021
From: Breaking News
Volume house builder Taylor Wimpey has announced a pre-tax profit for the first half of this year of £287.5m - and...
05 August 2021
From: Breaking News
The head of Boomin has attacked Rightmove for the fees it currently charges agents, the likelihood of higher fees to come,...
02 August 2021
From: Breaking News
Rightmove has reported a dramatic bounce back in its fortunes - and it’s making more money from agents even than before...
30 July 2021
From: Breaking News
A new analysis claims Help To Buy has improved building volumes and has not been a drain on taxpayers. The scheme which...
30 June 2021
From: Breaking News
I recently saw a fly-through video for a home on sale for well over £2m. The imagery was good (made better by...
26 June 2021
From: Features
The possible introduction of higher levels of Capital Gains Tax for the sale of buy to let, holiday homes or even...
21 June 2021
From: Breaking News
Two former directors of the prestigious Beauchamp Estates agency in central London have set up their own new company. They say their...
13 May 2021
From: Breaking News
The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding...
30 April 2021
From: Breaking News
This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...
15 April 2021
From: Breaking News
An online agency that already operates in the lettings field is spreading into sales - and pledges to give most of...
15 April 2021
From: Breaking News
Winkworth says Covid and its aftermath will not derail plans to open five offices a year. In a trading statement to shareholders...
09 April 2021
From: Breaking News
The UK property market is always evolving but never as quickly as it is now. Traditional estate agents are seriously questioning...
07 April 2021
From: Features
As you’ll know by now, I like to use the Natter to shine a light on independent agents doing things a...
27 March 2021
From: Features
Purplebricks is now part of the mainstream landscape of British estate agency. There - I said it. An agency whose whispered name...
20 March 2021
From: Features
You could be forgiven for overlooking International Women’s Day on Monday. Well, almost. Focus was instead turned to the first day back...
13 March 2021
From: Features
An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...
26 February 2021
From: Breaking News
Connells Group says it is the UK's largest estate agency group by market share - and that's before the Countrywide acquisition...
24 February 2021
From: Breaking News
If your house is anything like mine, the postman has a path beaten to your door over the last nine months. In...
23 January 2021
From: Features
A firm calling itself the UK’s first 24/7 home-based agency says it wants to roll out nationally with a network of franchisees...
19 January 2021
From: Breaking News
Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...
18 January 2021
From: Breaking News
The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this...