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KEYWORD "Branch Closure" - 86 RESULTS
Foxtons aims for £3m savings from branch closures as total revenue rises

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

26 January 2024

From: Breaking News

Estate agency businesses on the rise despite branch closures - research

Branches may be closing but the number of estate agency businesses has increased by 2% across the UK over the past...

25 January 2024

From: Breaking News

Agency boss: Why HSBC branch closures are good for the high street

HSBC has announced a new round of branch closures but an estate agent suggests there may be a positive side for...

06 December 2022

From: Breaking News

Agency’s new hub integrates three previously-separate offices

Hertfordshire agency Sewell & Gardner has cut the ribbon on a refurbished and extended office, which will incorporate two previously-separate branches...

15 December 2021

From: Breaking News

Branch closures and Covid lead to big LSL revenue slump

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

14 December 2020

From: Breaking News

Agency launches huge recruitment drive with jibe at Countrywide

Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched...

24 November 2020

From: Breaking News

Countrywide opens a new branch after 50 closures this year

Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office...

20 November 2020

From: Breaking News

Countrywide shares soar despite more branch closures

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

10 November 2020

From: Breaking News

Countrywide at risk of entering administration - claim

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

09 November 2020

From: Breaking News

Takeover Underway? - Connells begins bid to buy Countrywide

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

09 November 2020

From: Breaking News

Countrywide meeting later this month to decide company fate

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

02 November 2020

From: Breaking News

Redundancies and branch closures continue at Countrywide

An extensive culling of branches and staff continues apace at Countrywide as it significantly reduces the size of both its office...

29 October 2020

From: Breaking News

Many Countrywide branches now shut permanently

Estate Agent Today can reveal that a string of Countrywide offices across the country have been closed in recent weeks - but...

26 October 2020

From: Breaking News

Countrywide branches close ahead of private equity investment bid

At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large...

23 October 2020

From: Breaking News

Countrywide - 10 own goals in five years

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

22 August 2020

From: Features

Branch closures announced as franchise agency links with building society

Six agency branches are being closed as a result of a partnership between franchise giant Belvoir and the Nottingham Building Society. Under...

09 July 2020

From: Breaking News

Agency losing over 50 jobs says its brand is “very much alive”

The Andrew Grant regional estate agency brand is “very much alive” despite the firm which bore the name losing 54 jobs...

07 July 2020

From: Breaking News

New owners for agency that shut branches and created ‘hub’ structure

Midlands regional chain Andrew Grant, which last year closed some branches as it moved to a ‘hub’ structure, appears to have...

22 June 2020

From: Breaking News

Countrywide wants damages from mystery buyer who pulled out of deal

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

21 May 2020

From: Breaking News

PropTech Today: 75% of agency branches will close within five years

“A lot of people have learned that they can work at home, or that there’s other methods of conducting their business......

06 May 2020

From: Breaking News

Why working from home isn’t always all it’s cracked up to be

Let me start by wishing everyone well in these uncertain and precarious times. I truly hope you, your families, friends and...

18 April 2020

From: Features

Spicerhaart under fire for “inhumane” and “disgraceful” sackings

There has been scepticism across the industry as to the motives behind an unspecified number of lay-offs and permanent branch closures...

23 March 2020

From: Breaking News

It doesn’t have to be like Spicerhaart - another agent’s approach…

While controversy swirls around the approach and motives of the sackings and branch closures at Spicerhaart, other agents are showing how...

23 March 2020

From: Breaking News

Top industry figure criticises Spicerhaart sackings and closures

A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...

21 March 2020

From: Breaking News

LSL warns over Coronavirus as takeover talks with Countrywide continue

LSL Property Services says the Coronavirus crisis has led to a softening of "lead sales indicators" - and it warns of...

10 March 2020

From: Breaking News

Foxtons warns of sales slump going on through 2020 despite Boris Bounce

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

28 February 2020

From: Breaking News

Confirmed: Countrywide admits ‘mega merger’ talks with LSL underway

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

24 February 2020

From: Breaking News

460 jobs lost in 2019 Your Move/Reeds Rains branch closures

It’s been revealed that the branch closure programme by Your Move and Reeds Rains last year resulted in 460 lost jobs...

20 February 2020

From: Breaking News

Foxtons: another big sales slump revealed in trading statement

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

30 January 2020

From: Breaking News

Big revenue slump after branch closures by LSL Property Services

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...

28 January 2020

From: Breaking News

Happy New Decade … and a look back at three EAT stories from 2010

Here it is - the start of a new decade, a moment for resolutions and remembrance, and the last Bank Holiday...

31 December 2019

From: Breaking News

Purplebricks and Countrywide lead 2019 share price flops

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...

30 December 2019

From: Breaking News

Connells branches shut but ‘no extensive closure programme’ says firm

Connells has confirmed that it has closed two branches in Dorset in the south west of England, in addition to the...

20 December 2019

From: Breaking News

Connells says branch closure is one-off, not part of wider programme

Connells has confirmed that it’s closing one of its branches on Wednesday with some but not all staff being redeployed. And the...

16 December 2019

From: Breaking News

Foxtons closes more branches as London market woe goes on - report

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

11 December 2019

From: Breaking News

Countrywide ‘keeping branch structure under constant review’

Countrywide says it is constantly keeping its current branch structure under review, saying any responsible agency would have to consider the...

02 December 2019

From: Breaking News

Agency revenue falls for Your Move, Reeds Rains and Marsh & Parsons

A trading statement this morning by LSL Property Services - owners of Reeds Rains, Your Move and Marsh & Parsons -...

02 December 2019

From: Breaking News

Countrywide to integrate iconic London agency into Hamptons brand

Countrywide says London agency Greene & Co, acquired back in May 2015, will become ‘fully immersed’ into its Hamptons International brand...

01 October 2019

From: Breaking News

Property Natter - what makes for an effective CRM?

In a previous Natter, I promised to talk more about CRMs – and here I stick to that promise. Following on from...

21 September 2019

From: Features

Branch closures: Large number of offices quit the High Street

A comprehensive report into the changing complexion of the High Street suggests that some 143 estate agents’ offices closed in the...

12 September 2019

From: Breaking News

EweMove hybrid defends recruiting franchisees with no agency experience

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

10 September 2019

From: Breaking News

Countrywide insider claims up to 250 branches may have closed

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...

14 August 2019

From: Breaking News

New Regulator: Countrywide welcomes reform but warns it’ll be tough

Countrywide has thrown its weight behind the proposals for a new single industry-wide regulator taking on the roles of Trading Standards...

05 August 2019

From: Breaking News

Countrywide branch closure programme explained - but no figures

Countrywide has told Estate Agent Today that it will not be releasing any figures on the branch closure programme it introduced...

01 August 2019

From: Breaking News

Countrywide wins new deal with lenders to continue ‘turnaround plan’

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...

31 July 2019

From: Breaking News

Branch closures boost profits at Your Move and Reeds Rains

LSL Property Services, parent firm of Your Move and Reeds Rains, says the company’s branch closure programme was a success with profits...

30 July 2019

From: Breaking News

Countrywide now “beyond salvation” says former chief executive

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...

29 July 2019

From: Breaking News

Russell Quirk,Co-Founder and Advisor/Non-Exec Director of Properganda

Who are you and what does it say on your business card? That depends on which business card. One says ‘Properganda PR,...

01 July 2019

From: 60 Second Interview

Countrywide redundancies: dozens of sales progression staff may go

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...

12 June 2019

From: Breaking News

Emoov and Countrywide merge: it could have happened…

Emoov and Countrywide: what a pair, observers might say. They present a tale of two failures - although, in the case of...

08 June 2019

From: Features

What next for Countrywide and Purplebricks after day of turmoil?

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...

04 June 2019

From: Breaking News

At least three Countrywide brands thought to be closing branches

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...

31 May 2019

From: Breaking News

Countrywide: share price sinks, closure and sell-off rumours swirl

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever...

30 May 2019

From: Breaking News

Estate agencies top league table of shop closures across Britain

New figures released to Estate Agent Today show that a net total of 284 agents’ offices closed down in 2018. This number -...

29 May 2019

From: Breaking News

Property Natter: has Purplebricks' bubble now officially burst?

Whether you love or hate it, Purplebricks has undoubtedly left its mark since arriving on the scene in 2015 – much...

18 May 2019

From: Features

Countrywide branch closures and staff redeployment underway

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...

10 May 2019

From: Breaking News

Over 40 jobs at risk as agency chain plans to shut four branches

Local media in the east Midlands report that four estate agency offices operated by the Nottingham building society are to close...

29 March 2019

From: Breaking News

Foxtons: front-office headcount under review as branch closures save £3m

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

29 March 2019

From: Breaking News

Two agencies defy London market by opening new offices

Family-run Chelsea agency Russell Simpson is marking 40 years of business by expanding for the first time in its history, opening...

13 March 2019

From: Breaking News

LSL writes down value of Yopa stake as it pins faith in High Street branches

LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...

05 March 2019

From: Breaking News

Foxtons rules out new branch closures but suffers huge fall in transactions

Foxtons has ruled out further branch closures as it continues to struggle against what it calls “the continued weakness” of the...

28 February 2019

From: Breaking News

Consultations start on ‘500’ Your Move and Reeds Rains jobs at risk

Formal consultations have started concerning the job losses and branch closures for Your Move and Reeds Rains, revealed yesterday by their...

06 February 2019

From: Breaking News

Huge branch closures announced for YourMove and Reeds Rains

A major restructuring of LSL Property Services has just been announced to shareholders, with substantial numbers of branch closures. The statement says...

05 February 2019

From: Breaking News

Nine agencies have gone bust each week since 2010 - claim

A new property management firm claims that an average of nine estate agencies have gone bust each week since 2010.  Apropos -...

11 January 2019

From: Breaking News

The Hub Club - another agency shuts branches and opens central office

Yet another estate agency has announced that it’s shutting branches and opening a centralised hub. This time it’s Newman Property Experts, a...

28 November 2018

From: Breaking News

More branch closures likely if Brexit uncertainty goes on - forecast

The closure of Foxtons’ Park Lane office and five other branches in the capital are merely the start of things to come...

27 November 2018

From: Breaking News

Branch closures - 135 fewer independent agency offices

New figures from the British Independent Retailers Association suggest that there are now 135 fewer independent estate agency branches than at...

22 November 2018

From: Breaking News

Foxtons confirms six branch closures - but says no more to come

Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its...

13 November 2018

From: Breaking News

Branch closures: 211 agency offices shut during first half of 2018

Shocking figures from the Local Data Company, a consultancy monitoring the health of High Streets, show that 211 estate agency offices...

12 November 2018

From: Breaking News

Bailiff’s notice in agency window signals another London branch closure

Another high profile estate agency office in London has closed - this time a branch of Winkworth.  The Richmond branch has been...

19 October 2018

From: Breaking News

Foxtons says industry-leading technology allows it to close branches

Foxtons says its use of technology allows it to increase the reach of its branches - and claims this is behind...

10 October 2018

From: Breaking News

Exclusive: estate agencies closing - data shows how many and where

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and...

01 August 2018

From: Breaking News

'Business as usual' for Humberts following sale to luxury holiday firm

It will be 'business as usual' for Humberts following the announcement of its sale to Natural Retreats, says the agency's new...

22 May 2018

From: Breaking News

The future for Countrywide - Paul Creffield interview

The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...

12 May 2018

From: Features

Countrywide chief says: We're not ruling out online forever

Countrywide’s Group Operations Director Paul Creffield - one of three figures now at the top of the organisation - says he...

08 May 2018

From: Breaking News

Who should run Countrywide? What should they do? - our panel speaks out

The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...

26 January 2018

From: Breaking News

Stark warning that estate agencies could close in next 12 months

A partner at Carter Jonas says that the next 12 months could see stagnation in the market and as a result...

26 January 2018

From: Breaking News

Countrywide: architect of 'online option' is latest to leave

Sources within Countrywide say the latest senior management figure to leave the company is Sam Tyrer, who under her title of...

17 August 2017

From: Breaking News

Cluttons bought by finance company - but some offices to close

The industry magazine Estates Gazette is reporting that Cluttons, the residential and commercial agency, has been bought out of pre-pack administration...

03 May 2017

From: Breaking News

Countrywide: City analyst less gloomy about group's prospects

Countrywide’s long-term share price decline and turbulent branch closure programme have not prevented a relatively positive endorsement of the group’s strategy and...

16 January 2017

From: Breaking News

Countrywide share price dips as commercial sell-off revealed

Countrywide’s share price closed slightly down again yesterday to finish trading at 176.0 after news emerged that the group was selling...

16 December 2016

From: Breaking News

Countrywide may drop out of FTSE 250 - but LSL wins seal of approval

It’s a tale of two estate agencies - Britain’s biggest, seemingly in trouble, and the second biggest, winning a seal of...

30 November 2016

From: Breaking News

Countrywide regional director is latest to quit the company

Countrywide's regional director Martin Coombes has quit the company, having worked for it since the early 1990s. A statement to Estate Agent...

11 November 2016

From: Breaking News

Countrywide on the slide as share price falls below 200

Countrywide’s share price started the week at below 200 for the first time - about 30 months after it was riding...

17 October 2016

From: Breaking News

Countrywide: former chief executive warns of 'market share disaster'

The former chief executive of Countrywide, Harry Hill, has tweeted that on a four mile walk encountering hundreds of estate agents’...

28 September 2016

From: Breaking News

Revealed - list of Countrywide branches to close in the near future

Estate Agent Today has received a list of around 60 Countrywide Group estate agency offices expected to close in the next...

02 September 2016

From: Breaking News

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