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KEYWORD "Profits" - 199 RESULTS
Power to the People

‘Workers of the world, unite. You have nothing to lose but your chains’. So is written on the tombstone of the father...

19 September 2019

From: Features

Is Help to Buy a friend or foe to the property market?

It’s been six years since the Help to Buy scheme was launched, with the honourable intentions of helping more people onto...

07 September 2019

From: Features

Help To Buy housebuilders get another government bung

It’s been quite a week for news so you might have missed this story - there is yet another boost for...

31 August 2019

From: Features

Lettings technology - making money, saving costs and improving service

Technology will drive the lettings and property management industry in the future. There is already a plethora of various software and other...

28 August 2019

From: Features

Rawlings Roadshow pledges no-holds-barred inspiration for agents

Richard Rawlings’ annual roadshow opens on September 3 with the first of 17 stops across the UK, each giving a three...

16 August 2019

From: Breaking News

More portals needed to disrupt Rightmove and Zoopla says new rival

A free-to-list property portal says that contrary to opinion within parts of the agency industry, the more portals there are the...

15 August 2019

From: Breaking News

Brexit worries mean Savills’ UK residential profits plunge 44%

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

09 August 2019

From: Breaking News

Connells repeats claim to be UK's most successful estate agency

Connells Group has repeated its claim, made in recent months in the light of trading figures, that it is now the...

02 August 2019

From: Breaking News

Connells says it's UK's most successful estate agent despite profits dip

Connells Group has this morning announced a profits dip for the first six months of the year.  Its pre-tax profits were £26.2m...

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

Rightmove: agency numbers fall 3% but profits and revenue soar 10%

Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...

26 July 2019

From: Breaking News

Tenant fees ban – post-apocalyptic or the dawn of a new age?

Sometimes having prior knowledge of a stressful event can be more stressful than the event itself, just look at Brexit for...

24 July 2019

From: Features

PropTech Today: Rightmove fails to understand first rule of innovation

The recent announcement of a clicktopurchase partnership demonstrates some much-needed progression from Rightmove. In doing so, however, it could be said it...

17 July 2019

From: Breaking News

Damning report says Help To Buy helped many who didn’t need it at all

The National Audit Office says many users of Help To Buy would have been able to purchase a home anyway, without...

13 June 2019

From: Breaking News

Replace stamp duty with tax on house sale profits, urges finance chief

An outspoken building society chief has taken the unusual step of calling for stamp duty to be replaced by capital gains...

23 May 2019

From: Breaking News

Commonhold in action – one small builder’s attempts to change the system

So far in our contribution to the campaign to replace leasehold with commonhold we have outlined the stories of some of...

18 May 2019

From: Features

Historic London agency aims to expand with new franchise offering

London agency Chestertons is launching a franchise offering which will allow businesses outside of the capital to operate under the Chestertons...

10 May 2019

From: Breaking News

The problems with incentivising downsizing through stamp duty

The issue of ‘intergenerational fairness’ has been raised in recent weeks, some might say somewhat ironically by a House of Lords’...

04 May 2019

From: Features

Help To Buy equity loans drive over 210,000 home sales since 2013

Data produced by the government showed that some 211,000 homes have been bought using the Help to Buy: Equity Loan. The scheme...

01 May 2019

From: Breaking News

EweMove in profit as Property Franchise Group reports solid figures

Hybrid estate agency has reported a modest pre-tax profit of some £400,000 as part of the 2018 results of its parent...

09 April 2019

From: Breaking News

Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Online agencies 'will still take 50% market share' claims company chief

An online estate agency insists the online/hybrid sector will take a 50 per cent market share in the future - despite...

01 April 2019

From: Breaking News

“Pathetic” government pledge mocked by leasehold expert

Almost as soon as the government yesterday made its latest announcement to outlaw rogue leasehold deals, the measure was branded “pathetic. More...

29 March 2019

From: Breaking News

Crunch Time! OnTheMarket says agents should make portal choices soon

Many estate and letting agents are receiving more leads through OnTheMarket than through Rightmove, the challenger portal claims - and it...

28 March 2019

From: Breaking News

Agent comparison website bags £2.2m funding to build on TV backing

GetAgent, the comparison estate agency business, has secured £2.2m in investment from a consortium of investors including Channel 4. The backers are...

14 March 2019

From: Breaking News

Countrywide chiefs tell EAT: Sales hit by Brexit but we're ready for Fees Ban

Countrywide’s executive chairman and group managing director have spoken to Estate Agent Today about the impact of Brexit on the company,...

07 March 2019

From: Breaking News

OnTheMarket blasts Rightmove with aggressive email to agents

OnTheMarket has stepped up its attack on Rightmove with a stridently-worded email to agents explaining how a drop in leads from...

05 March 2019

From: Breaking News

Rightmove average charges top £1,000 a month as revenue and profits soar

Rightmove has this morning given its 2018 report to shareholders, laying bare the huge financial wealth of the company which dominates...

01 March 2019

From: Breaking News

Online agency alleged to have told staff they may not be paid

House Network, one of the first ever online estate agencies, is alleged to be considering calling in administrators. Two reliable sources close...

01 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

PropTech is the way to safeguard High Street branches - Connells

Connells Group says investment in PropTech will be the way to safeguard its almost-600 High Street branches - and it’s repeated...

28 February 2019

From: Breaking News

Purplebricks could be bought by High Street agent, says client developer

The chief executive and founder of a developer and property investment group says Purplebricks is “an excellent business” but its recent...

27 February 2019

From: Breaking News

Purplebricks’ problems won’t deter investors, insists rival online agency

Online agency platform Love2move insists that its current bid to attract investors will not be damaged by the adverse publicity surrounding...

25 February 2019

From: Breaking News

RIP the open house…the return of the high street agent?

Cast your minds back to the summer of 2014. It’s 9.55 am somewhere in east London ‘Sorry I’m late’ offers the...

23 February 2019

From: Features

Commisery and gloating - industry reaction to Purplebricks share crash

Purplebricks’ eye-watering share price fall yesterday was greeted with widespread satisfaction by property professionals outside the online sector. The agency’s share price...

22 February 2019

From: Breaking News

Connells-owned office promotes its entire staff after profits success

Every staff member at a branch of the Connells-owned William H Brown agency has been promoted, after it was voted one...

12 February 2019

From: Breaking News

DPS adjudication case study: Rent arrears challenged by evicted tenant

The Deposit Protection Service (The DPS) keeps deposit money safe for letting agents, landlords and renters during the course a tenancy....

02 February 2019

From: Features

Foxtons sales plummet but lettings keep it above water

Foxtons has reported further small slides in both revenue and profits for 2018 - but sales income plummeted from £43m to...

31 January 2019

From: Breaking News

LSL delivers upbeat figures despite Brexit-fuelled caution over 2019

LSL Property Services - parent company of Your Move, Reeds Rains and London agency Marsh & Parsons - has given a...

22 January 2019

From: Breaking News

Help To Buy boosts housebuilder’s profits once again

While even agents of the calibre of Savills struggle in today’s market - see the agency’s figures here - it’s a...

17 January 2019

From: Breaking News

Winkworth: lettings now 50% of turnover as sales market remains weak

A statement this morning by franchise agency Winkworth says lettings and property management now accounts for 50 per cent of its turnover. The...

16 January 2019

From: Breaking News

What are the biggest challenges facing letting agents in 2019?

There is a perfect storm brewing in the lettings market, and as the saying goes, “you can’t change the direction of...

12 December 2018

From: Features

Rightmove, Zoopla and OTM denounced as “corporate dinosaurs

The head of the portal PropertyMutual has accused Rightmove, Zoopla and OnTheMarket of being “corporate dinosaurs” and has called on agents...

10 December 2018

From: Breaking News

Good or bad? Help To Buy surge reignites debate about scheme

Figures released by the government over the weekend show that 14,867 Help To Buy equity loans were taken out in the...

03 December 2018

From: Breaking News

Controversial online auction firm generated £10.6m in fees for agents

The debate about online auction charges levied on buyers continues this morning with the release of figures showing that one company...

26 November 2018

From: Breaking News

Typical asking price cut on a ‘doer-upper’ is 17% or  £40,000

Homes that require major structural work have asking prices which are on average £40,000 below the market norm, according to research...

09 November 2018

From: Breaking News

Online property auction firm hits back against “murky” accusation

A firm which links with agents to operate online auctions has hit back at a consumer group's allegations that this growing sector...

31 October 2018

From: Breaking News

Agents slammed for milking buyers for profits via online auctions

A consumer group says agents are securing increasing income from online auctions, but it warns that for buyers there are pitfalls...

30 October 2018

From: Breaking News

Surge in overseas buyers ahead of latest stamp duty surcharge

A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty...

18 October 2018

From: Breaking News

Knight Frank hits out at foreign buyer tax after announcing profits boost

Knight Frank appears to have shrugged off the problems hitting the high end of the housing market, reporting a 14 per...

09 October 2018

From: Breaking News

Property Natter: what impact has Google had on the property market?

Google celebrated its 20th birthday last month. Yes, it might be hard to recall a time when it wasn’t integral in...

06 October 2018

From: Features

Hunters income and profits on the rise in spite of shaky market

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...

07 September 2018

From: Breaking News

Rightmove 'may drop out of FTSE-100 within days'

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange...

30 August 2018

From: Breaking News

It’s a good time for agencies to list on the stock market - no, really...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...

11 August 2018

From: Features

Savills posts good UK residential performance but warns on Brexit

High-end agency and international property consultancy Savills has reported strong half-year figures for its UK business - but warns that Brexit...

09 August 2018

From: Breaking News

Connells Group pre-tax profits dip, blaming difficult market conditions

Connells Group - which now says it’s the country’s largest estate agency by market share and numbers of homes sold -...

01 August 2018

From: Breaking News

Foxtons' swashbuckling days are over - analyst predicts big cuts

An analyst for business data consultancy Bloomberg has some news for Foxtons - he says its swashbuckling days are over and...

01 August 2018

From: Breaking News

Your Move parent firm sees 11% sales slump but good lettings performance

The parent company of Your Move, Reeds Rains and other agency brands has succeeded where Foxtons yesterday did not - in...

31 July 2018

From: Breaking News

Foxtons suffers another profits dive after 23% slump in sales income

Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...

30 July 2018

From: Breaking News

Customer service - why is it so important to your agency?

It’s a highly competitive environment out there, where there's a constant and never-ending struggle that every agency manager, director or owner...

25 July 2018

From: Features

Countrywide - change it, close it or sell it? Four experts have their say

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...

25 July 2018

From: Breaking News

PropTech Today: How can agents boost revenue with Open Banking?

Since January 2018, nine of the UK’s biggest banks have allowed competitors direct access to customer data as part of the...

25 July 2018

From: Breaking News

Countrywide delays publishing figures as search for funds goes on

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

24 July 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Countrywide ‘to seek new investment of £100m’

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days.  The Sunday...

22 July 2018

From: Breaking News

Boost for Carter Jonas as it doubles footprint of national HQ

Carter Jonas has doubled the footprint of its UK headquarters in prime central London. It’s added a further 6,760 square feet of...

18 July 2018

From: Breaking News

Purplebricks breaks into Canada; acquires fixed-fee listings network

Purplebricks has acquired another fixed-fee agency for £29.3m - it’s in Canada and marks another new territory for the hybrid agency. The...

02 July 2018

From: Breaking News

July - it might just be the industry’s busiest month of the year

So here’s the thing. It’s summer - not much going on, school holidays about to start, industry publications filling out space...

30 June 2018

From: Features

Countrywide share price plummets over 20% to lowest level ever

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...

25 June 2018

From: Breaking News

London market pain goes on as top builder warns on Brexit

High-end housebuilder Berkeley Homes says “macro and political uncertainty, including Brexit” is leading to some developers previously building in London to...

22 June 2018

From: Breaking News

Agency on a mission - family-run firm pledges profits for the homeless

A London estate agency run by a brother and sister is trying something completely now - it pledges to use some...

08 June 2018

From: Breaking News

Be in charge of your own destiny – what does the future hold?

Any letting agent appreciates the effort, dedication, and sometimes heartache, that comes with running a business yet equally knows that when...

30 May 2018

From: Features

Housing association launches online agency with full-service option

A housing association has launched its own online agency which offers to sell vendors' homes for £275. Capsel Homes, based in Mamhilad,...

29 May 2018

From: Breaking News

Purplebricks is changing: Which way will it go?

As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...

31 March 2018

From: Features

Countrywide reveals the costs of Alison Platt's 'retail revolution'

Countrywide’s 132-page annual report, released today, has given details of the management and restructuring costs incurred by the company during its...

21 March 2018

From: Breaking News

Fast track to franchise success - are you ready to be your own boss?

For many estate agents seeking to become entrepreneurs, the idea of starting their own business is undoubtedly daunting, especially when going...

17 March 2018

From: Features

Countrywide's own broker cuts agency’s forecast for 2018 and 2019

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...

09 March 2018

From: Breaking News

Countrywide reveals 'Back To Basics' plan for 2018 and scraps online service

The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...

08 March 2018

From: Breaking News

Foxtons profits and sales drop - but much better figures from Connells

Foxtons has reported its 2017 figures to shareholders and the City this morning and as expected they show sharp falls in...

28 February 2018

From: Breaking News

Strutt & Parker sold 2,291 properties worth £2.9 billion in 2017

In its first release of performance figures under the ownership of BNP Paribas, the UK agency Strutt & Parker says it...

23 February 2018

From: Breaking News

Countrywide: share price plunges again as some bonuses scrapped

Alison Platt may have been ousted but Countrywide appears not to be out of the woods yet as its share price...

01 February 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

Foxtons reports big drop in profits and revenue with sales down sharply

Foxtons has this morning given details of a sharp fall in both profits and revenue, wirth sales significantly falling away and...

25 January 2018

From: Breaking News

Countrywide's cruellest cut of all - no more fresh fruit at Oxford Street HQ

The chief executive may have left, the share price may still be languishing around 100p and only days ago the firm...

25 January 2018

From: Breaking News

Platt goes - but Countrywide silent on size of her 'golden goodbye'

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit - but so far there is no...

24 January 2018

From: Breaking News

Alison Platt leaving Countrywide, staff are told

It is being reported that staff at Countrywide have been told that embattled chief executive Alison Platt is leaving the agency...

23 January 2018

From: Breaking News

Countrywide share price falls to lowest ever level

Shares in troubled agency group Countrywide have fallen to their lowest-ever level of 106.40p in trading this morning. Yesterday shares fell a...

19 January 2018

From: Breaking News

Connells shows Countrywide how to increase market share

Connells Group’s estate agency business increased its market share of new instructions in 2017 by almost four per cent, despite a...

19 January 2018

From: Breaking News

Agents Do Charity: fund-raising and grant-giving for great causes

With the year in full swing we have some more heroic fund-raising and grant-giving stories to tell this week. Thanks so much...

19 January 2018

From: Breaking News

Winkworth doing well despite exposure to London and Brexit uncertainty

Franchise giant Winkworth has told its shareholders that its revenues for 2017 are likely to be less than five per cent...

18 January 2018

From: Breaking News

Exclusive: New 'super-portal' launching in the UK on March 1

A new property portal called Linktosale aims to launch in the UK at the start of March following what appears to...

08 January 2018

From: Breaking News

Property Natter: A to Z of the property industry for 2017

As we hurtle towards the end of 2017, it’s time to reflect on the year that’s just been.   Even better, this property-based...

25 November 2017

From: Features

Purplebricks tells City and investors we're on course for 2017 targets

Purplebricks has issued the briefest-of-brief statements to the City and the company's investors to assure them it is "on course". The latest...

07 November 2017

From: Breaking News

Purplebricks: investment website raises questions over its profitability

Investment website The Motley Fool says comparisons between forecast and actual profits reported by Purplebricks suggest the company’s position isn’t -...

02 October 2017

From: Breaking News

Purplebricks claims UK revenue now double that of a year ago

Purplebricks' latest trading statement, issued this morning, claims "good progress" and says its revenue in the UK for the first half...

29 September 2017

From: Breaking News

Hunters emphasises online success, despite challenging market

Hunters’ figures for the six months to the end of June show small rises in income and turnover but a substantial...

08 September 2017

From: Breaking News

Savills stays silent on valuation allegation and High Court order

Savills is remaining silent on the issues surrounding the apparent filing of a High Court order that may oblige the agency...

31 August 2017

From: Breaking News

Countrywide woe continues as share price hits new record low

Countrywide’s share price hit a record low during trading yesterday afternoon when it dropped to 137.75p, having opened the day at...

25 August 2017

From: Breaking News

Why I want to join Agents’ Mutual

Before we go any further, assuming you are an Agents’ Mutual member, let me ask you a question. If you had...

24 August 2017

From: Features

PropTech Today: Are we going to buy talk of a doomed high street?

You saw it, right? This article from Monday’s Guardian? It says that one in five estate agents are at risk of...

02 August 2017

From: Breaking News

LSL profits up - but agency group warns of 'suppressed sales'

LSL Property Services - owners of Your Move, Reeds Rains and Marsh & Parsons amongst estate agency brands - has enjoyed...

01 August 2017

From: Breaking News

Rightmove reports rise in agents, traffic and revenue per advertiser

In its latest report to shareholders, Rightmove has revealed yet more growth in agent numbers, traffic to its website, revenue per...

28 July 2017

From: Breaking News

Profits plunge at Countrywide as CEO admits tough year so far

Countrywide has revealed a massive plunge in its profits for the first six months of 2017.   Pre-tax profit for the six months...

27 July 2017

From: Breaking News

Foxtons' slump in sales means 55% of revenue now from lettings

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...

27 July 2017

From: Breaking News

Avoid unwanted hassles: Q & A with Jack Webb-Heller, Rent4sure IT director

Living next to inconsiderate neighbours can be a nightmare, but letting to bad tenants can prove costly, especially when issues, which...

08 July 2017

From: Features

Portal Wars resume as Agents' Mutual says it's going after the money

Agents’ Mutual says it will be seeking to recover costs and compensation for losses incurred after what is widely seen as...

06 July 2017

From: Breaking News

Search firm wants conveyancers to commission more fracking reports

A Conservative commitment to allow more fracking is the trigger for conveyancers to gather yet more environmental information during the search...

06 July 2017

From: Breaking News

Forget stamp duty reform - There’s a new tax on the horizon

When it comes to provoking anger in property professionals, taxation takes some beating. Press releases are still arriving berating the December...

01 July 2017

From: Features

Purplebricks: nothing divides estate agency more than this

Few things provoke argument within the industry more than the online v traditional agency debate - and within that debate, nothing...

30 June 2017

From: Breaking News

Queen’s speech: Property industry reacts to proposed tenant fee ban

The Queen’s speech to the British parliament this week was a scaled-back affair, which was unsurprising given the Grenfell Tower fire,...

23 June 2017

From: Features

Using call tracking to boost the impact of your marketing

We live in world where the online economy is just as important as the offline economy. Whether your business is online...

12 June 2017

From: Sponsored Content

Trinity Mirror to fight Rightmove and Zoopla for agents' advertising spend

Trinity Mirror is aiming to secure more of agents' marketing spend after launching what it is describing as a 'fightback' against...

17 May 2017

From: Breaking News

Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'

A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more...

25 April 2017

From: Breaking News

Hunters profits up 31% in agency's first year on the stock market

Hunters has told investors that its revenues rose 15 per cent to £13.8m in the year to the end of December,...

13 April 2017

From: Breaking News

Mortgage market review

In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...

08 April 2017

From: Features

James Dearsley: Carrying PropTech forward with visual stimulation

This week, it would be very easy for me to focus on the startling figures that easyProperty logged with Companies House...

05 April 2017

From: Breaking News

Winkworth plans to bounce back after 25% fall in pre-tax profits

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...

31 March 2017

From: Breaking News

Foxtons: lavish praise from investment chiefs despite profits fall

Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled...

20 March 2017

From: Breaking News

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price...

16 March 2017

From: Breaking News

Countrywide reveals annual cost of restructuring

Countrywide has revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises,...

13 March 2017

From: Breaking News

Countrywide: 200 branches shut, online 'working well'

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...

09 March 2017

From: Breaking News

Foxtons profits dive thanks to Brexit and stamp duty

Foxtons' figures released to the City this morning confirm a huge slump in sales in 2016 - and even lettings revenue...

08 March 2017

From: Breaking News

LSL the latest firm expected to enter 'digital' market

LSL Property Services - which owns high street agency brands Your Move, Reeds Rains and Marsh & Parsons - is the...

08 March 2017

From: Breaking News

A look into the future of the buy-to-let market

With tax relief changes, a rise in Stamp Duty for second homes and strict mortgage affordability checks now in place, it...

04 March 2017

From: Features

Strong year for Connells with sales and lettings both rising

Connells Group has announced strong figures for 2016 with the total number of properties sold rising five per cent and lettings...

02 March 2017

From: Breaking News

Agent extends key new homes role across a second Sequence brand

Jason Howes, the regional director for land and new homes at Barnard Marcus, has extended his role to lead the Fox...

28 February 2017

From: Breaking News

Rightmove reveals more agents, more visits and more profits in past year

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...

24 February 2017

From: Breaking News

Developer to build fewer homes after 'poor quality' issues

A house builder has set aside £7m to spend on repairs to its own new properties after a series of complaints...

21 February 2017

From: Breaking News

What we learnt about the Government post-White Paper

If you work in lettings, I’ll already have a pretty good idea on how you feel about the current Conservative Government.  The...

11 February 2017

From: Features

Agents - it’s time to get back to basics

Welcome to February! It means that 2017 is well under way and we’re edging closer to Spring – a time when...

04 February 2017

From: Features

Property Natter: why people crave instant gratification

Instant gratification is nothing new. It’s been around for millennia. It’s an in-built survival instinct for humans – that want, that...

28 January 2017

From: Features

Agency selling home with a difference - all profit goes to charity

Winkworth estate agency in the west London suburb of Chiswick is currently marketing a home with a difference - because all...

26 January 2017

From: Breaking News

Three things agents need to consider in 2017

2016 was quite a year – eventful, dramatic, shocking and impossible to predict. In no particular order, we saw Leicester winning...

18 January 2017

From: Sponsored Content

Brexit boost for Savills as foreign buyers push profits higher

A surge in sales of London properties to overseas buyers taking advantage of the Pound’s post-referendum collapse has helped Savills exceed...

13 January 2017

From: Breaking News

Ability to cut staffing is critical to Foxtons future, says analyst

The flexibility of Foxtons’ business model - especially its ability to control headcount, including the number of agents it employs -...

12 January 2017

From: Breaking News

It’s time to look North for lettings income

If you provide a service, you expect to be paid for it. Sound fair? But with the forthcoming ban on tenant...

07 January 2017

From: Features

Right-wing think tank blasts 'more than a little misleading' Shelter

The Adam Smith Institute, a right-wing think-tank, has blasted the campaigning charity Shelter over its allegations of land-banking by house builders in...

21 December 2016

From: Breaking News

Quote, unquote - What the industry said in 2016

Forecasts are so last year: who anticipated Bowie, Brexit or Balls for example? Quotes, on the other hand, really ARE last year...

17 December 2016

From: Features

Strutt & Parker counts the cost of central London stamp duty hike

Strutt & Parker has seen a fall in revenue and profits for the year ending April 30 - and it puts...

12 December 2016

From: Breaking News

The market is dead, long live the market

Listening to all the coverage of the tenant fee ban, all I hear is consumer groups talking about how some agents...

26 November 2016

From: Features

Foxtons' transactions to drop 10% in 2016 then flat in 2017 - forecast

Jefferies, the City investment service known for its analysis of major residential sector firms, forecasts Foxtons’ transactions to fall 10 per...

18 November 2016

From: Breaking News

University claims top house builders enjoying soaring profits

A university claims house builders are securing “soaring profits” despite the worsening housing shortage across the country.  Research by Sheffield Hallam's Centre...

17 November 2016

From: Breaking News

Rent rises are inevitable after tax clampdown on buy-to-let

Buy-to-let landlords may have failed in their recent legal battle against planned government tax relief changes for buy-to-let homes set to...

14 October 2016

From: Features

Portal guru praises Rightmove and Zoopla for 'opposing strategies'

A technology business adviser who has surveyed property portals across the world has praised Rightmove for its determination to become the...

13 October 2016

From: Breaking News

20% Brexit exchange slump but agency partners get bonus boost

Knight Frank has reported a four per cent rise in annual revenues to £461m but a five per cent drop in...

11 October 2016

From: Breaking News

Is buy-to-let investing still a safe bet?

The huge rush to acquire buy-to-let property in the first quarter of the year ahead of the stamp duty change deadline...

09 September 2016

From: Features

Another hybrid agency claims substantial increase in completions

EweMove, which describes itself as the UK’s first hybrid estate agency, claims it has seen completions over the past two months...

31 August 2016

From: Breaking News

Brexit see-saw - now the housing market looks stronger since vote

The see-saw of conflcting post-Brexit indicators is continuing with figures from house builder Persimmon suggesting a strong housing market - contradicting...

24 August 2016

From: Breaking News

More evidence that Brexit impact on market is less than expected

There has been another indicator that the Brexit effect on the UK housing market has been less severe than some anticipated. Bovis...

16 August 2016

From: Breaking News

Agents Do Charity - and they're gold medal winners...

Britain’s gathering Olympics medal haul is heart-warming, but our heroes in Rio are not the only ones doing great work and...

12 August 2016

From: Breaking News

Savills' fee income up but it warns 'Brexit effect' on market still unclear

Savills residential fee income rose 10 per cent in the first six months of 2016 but the firm warns that it’s...

09 August 2016

From: Breaking News

LSL says profits and revenue up but sales 'suppressed' for rest of 2016

LSL Property Services - which owns agency brands including Your Move, Reeds Rains and Marsh & Parsons - has reported strong...

02 August 2016

From: Breaking News

Countrywide reveals first details of online sales service roll-out

Countrywide has given Estate Agent Today some early details of how its mix of online and traditional agency services will roll-out...

01 August 2016

From: Breaking News

Foxtons reviewing branch openings after huge profits slump

Foxtons is reviewing its programme of branch openings in London because of the slowdown in the capital's housing market. In figures released...

29 July 2016

From: Breaking News

Countrywide: 9% revenue growth and online roll-out despite Brexit concerns

Countrywide has confounded its critics with an upbeat performance in the first six months of the year, growing revenues by nine...

28 July 2016

From: Breaking News

Brexit: Rightmove, Connells and builders say uncertainty is easing

Rightmove says it is confident of keeping on track to deliver its expected results and profits throughout 2016 despite the unexpected...

28 July 2016

From: Breaking News

City's new 15% surcharge on foreign buyers - could it happen here?

One of the western world’s ‘hottest’ city residential markets has introduced a near-instant 15 per cent price surcharge on properties purchased...

27 July 2016

From: Breaking News

Gloomy Brexit sentiment data released ahead of key Foxtons figures

There has been a gloomy response to the latest Knight Frank measure of house price sentiment - the first of its...

25 July 2016

From: Breaking News

Bank says online agents are growing, but warns on Purplebricks value

Swiss bank UBS has given an upbeat assessment of online estate agencies in the changing housing market - but it warns...

14 July 2016

From: Breaking News

Those dire Brexit housing market warnings - were they just 'Brexcuses'?

An equities analyst has suggested that some of the most extreme warnings of housing market chaos after a Brexit vote came...

08 July 2016

From: Breaking News

Agency and property shares stabilise after early Brexit panic

Agency and other property shares that have been buffetted in the past two trading days have now stabilised - in most...

29 June 2016

From: Breaking News

Foxtons issues profits warning as Brexit jitters continue

Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...

27 June 2016

From: Breaking News

2016 half year news round up for Estate & Letting agents

As we have just passed the 6 month half way point of 2016 we thought it would be a good idea...

09 June 2016

From: Sponsored Content

Hold the front page? Don’t bother – no one reads it any more

I wish it were otherwise, but there’s a crisis just beginning to sweep over newspapers – with, a bit beneath the...

06 May 2016

From: Features

Tax and Buy-to-Let – how short are our memories?

We talk about the unstoppable rise of buy-to-let and forget that it was only as recently as the early 1970’s that...

08 April 2016

From: Features

Why we're recruiting 'Property Gurus' who aren't necessarily agents

This website recently published a piece ahead of the nationwide launch of our new property platform, Be Street Smart.  It explained how...

01 April 2016

From: Features

Storm clouds darken over central London's housing market

More storm clouds appeared over central London’s housing market at the weekend. The Bank of Ireland has announced that it is capping...

21 March 2016

From: Breaking News

Councils hold the key to affordable housing crisis, says land agent

An agency which specialises in land is calling on local councils to play a greater part in the push to create...

17 March 2016

From: Breaking News

More of the same expected this year from ‘profit hunter’ LSL

LSL, the UK’s second largest estate agency division, has received a glowing endorsement from two property market analysts. In a note issued...

14 March 2016

From: Breaking News

You read it here first: What to look for in Osborne’s Budget

When it comes to Budgets and Property, you have to hope that the old adage that ‘things happen in threes’ turns...

12 March 2016

From: Features

Foxtons: revenue up, profits dip in 2015 but seven more branches in 2016

Foxtons has reported a 4.1 per cent increase in its group revenue in 2015 to £149.8m  although its profits dipped by...

08 March 2016

From: Breaking News

Rightmove's next move: running agencies' back-office operations?

One of the property portal sector’s leading analysts is suggesting that Rightmove may be about to increasingly involve itself with services...

03 March 2016

From: Breaking News

Countrywide to reveal how well (or badly) it does every six months

Countrywide has taken the highly-unusual step of announcing that it will reveal key performance indicators every six months, come rain or...

29 February 2016

From: Breaking News

Claim that government Starter Homes could be bought by investors

Liberal Democrat leader Tim Farron is claiming that the government’s flagship Starter Homes project could allow properties to be bought by...

29 February 2016

From: Breaking News

Rightmove announces records for visits, leads and profits

In line with the industry’s expectations, Rightmove has announced its results declaring a record performance by almost every measure. There were a...

26 February 2016

From: Breaking News

Countrywide: 2016 is make or break year, warn analysts

Financial analysts at City consultancy Jefferies - which helped Countrywide float on the stock market - say 2016 is a key...

26 February 2016

From: Breaking News

No change of course says Countrywide chief after 37% profits slump

The chief executive of Countrywide says there’s “no change of course” after a 37 per cent slump in operating profits were...

25 February 2016

From: Breaking News

City updates: Countrywide profits slump as Zoopla agents and visits soar

Countrywide has given what it admits is a “mixed performance” in 2015 with a major reduction in operating profits, although it...

25 February 2016

From: Breaking News

Boom in Purplebricks share price takes it above £240m launch value

It’s certainly been a rollercoaster ride but the latest closing share value of Purplebricks, which floated in mid December, is now...

09 February 2016

From: Breaking News

'Innovator' Purplebricks will report profits next year say City analysts

The City consultancy which advises Purplebricks says the online agency will break even in terms of its month-to-month activities by the...

27 January 2016

From: Breaking News

Stamp duty and buy to let tax changes: Readers' views put to David Cameron

In January readers of Estate Agent Today and Letting Agent Today were given the opportunity to give their views on proposed...

25 January 2016

From: Features

Countrywide's good day: new homes acquisition, share price up, profits boosted

Countrywide has continued its acquisition programme by taking over a company consulting with house builders in the Home Counties and London.  The acquisition...

22 January 2016

From: Breaking News

Countrywide upgrades profits forecast - just months after a profits warning

The UK’s largest estate agency group has upgraded its profits forecast to the City - just over 10 weeks after issuing...

21 January 2016

From: Breaking News

Why I've said no to PLC approaches

Do you remember Martha Lane-Fox? She was the poster girl for lastminute.com and an icon of the dot.com bubble that ended...

15 January 2016

From: Features

Praise for agency diversification to cut damage from housing downturn

Investors’ Chronicle, the weekly investment magazine published by the Financial Times Group, has lavishly praised high-end agency Savills for diversifying its...

14 December 2015

From: Breaking News

Record profits and agency numbers rebuilding reports Zoopla

Zoopla Property Group is reporting record figures to the City and claims it has seen “continuous agency growth since May” as...

02 December 2015

From: Breaking News

Winkworth profits warning puts blame on high-end stamp duty

Higher stamp duty for the most expensive properties and the lack of a post-election bounce are being blamed for a profits...

12 November 2015

From: Breaking News

Estate agents' share prices hit by Countrywide's tumble

Estate agents’ share prices have taken a knock after poor figures reported to the City by Countrywide suggested a wider malaise...

05 November 2015

From: Breaking News

Countrywide profits tumble - but new CEO pledges future improvement

The operating profits in the first nine months of the year for Britain’s largest sales and lettings agency group, Countrywide, tumbled...

04 November 2015

From: Breaking News

Partners and staff set to benefit from Knight Frank's record profits surge

The 65 equity partners and 8,000 staff of high-end estate agency and property consultancy Knight Frank are set to benefit from...

06 October 2015

From: Breaking News

How ‘lush’ is your CRM?

It will come as no surprise for those who have read the recently published Which? annual customer service survey which polled...

02 October 2015

From: Features

Andrews announces record turnover

Eighty branch agency Andrews & Partners has reported a 12.9% rise in revenue, representing the company's highest ever turnover figure and...

20 August 2015

From: Breaking News

Big profits and revenue increase for Savills

High end residential, commercial and consultancy specialist Savills has boosted its group profits by seven per cent to £26.4m before tax. Group...

07 August 2015

From: Breaking News

London mortgage broker guilty of tax fraud

A London mortgage broker who lied about his company profits to evade almost £115,000 in corporation tax has been found guilty...

04 August 2015

From: Breaking News

Foxtons recovery as it bats off sales slump

Shares in Foxtons start the week at 244 after staging a dramatic stock market recovery following a poor set of figures. The...

03 August 2015

From: Breaking News

Connells buoyant thanks to new homes and market surge

The Connells Group has announced pre-tax profits of £27.3m for the first half of 2015 and forecasts a record full-year of...

30 July 2015

From: Breaking News

Low demand for high-end homes blamed for agency closure

A high-end estate agency which closed unexpectedly in April is now reported to have been hit by low demand for homes...

22 June 2015

From: Breaking News

It's time for OTM to drop the exclusivity rule

Yesterday we heard about the letter from the CMA warning agents about anti-competitive behaviour. Today, in a scoop for Estate Agent...

04 June 2015

From: Features

Letter from the Publisher: Why it’s harsh to blame gentrification on Foxtons

Gentrification is a divisive, provocative issue, but why are estate agents (especially Foxtons) appearing to bear the brunt of the public’s...

06 May 2015

From: Features

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