x
By using this website, you agree to our use of cookies to enhance your experience.
KEYWORD "Profits" - 100 RESULTS
Reapit webinar to coach agents on how to unlock profitability

The UK sales and lettings markets are in a state of flux, but an upcoming webinar from Reapit, the leading technology...

13 July 2024

From: Features

Big rise in income and profit for London agency Dexters

London agency chain Dexters has reported a huge 23% rise in revenue to £181m in a statement released this morning. Profit soared...

25 June 2024

From: Breaking News

New CEO replaces Jerry Lyons at Content Club

Industry partner the Estate Agent Content Club (EACC) has announced a new chief executive, replacing high profile founder Jerry Lyons. Amanda Bower...

01 May 2024

From: Breaking News

Three interest rate cuts and house prices to rise - Lloyds Bank

Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...

25 April 2024

From: Breaking News

Franchise agency pulls plug on underperforming offices

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

Think tank calls for Oz-inspired housing ‘sin taxes’

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: Property market appears to be past “peak uncertainty”

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: 'We have returned as London's top agent'

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

Rightmove can’t “rest on its laurels” to attract agents - warning

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

Ethical agent network officially launches

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 results: Revenues rise but agency numbers drop

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 ‘on track’ for profit increase in 2024

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

Average home sale profits drop 9% - which region performed the best?

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

Navigating economic shifts in estate agency

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: ‘Why we are more optimistic about 2024'

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

Who have been the winners and losers in housing for 2023?

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

Who have been the winners and losers for housing in 2023?

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

Jonathan Rolande: Politicians are pledging a housebuilding revolution but who will build them?

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

Final tickets remain for Agency Excellence Summit

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 hails 'successful shift' to agency franchise model

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

‘Welcome news’ for buyers as inflation rate drops

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

Property market woes weigh on listed agency and building brands

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

Belvoir CEO praises entrepreneurial spirit as half-year profits rise

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

New build sales stronger than rest of market - agency’s bold claim

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

Quitting landlords have missed top of the sales market says agency

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 guru takes over at Savills as agency’s profits tumble

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

Agency beefs up new homes division despite sector worries

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

Share Price plummets after agency group’s profits warning

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

Is the rental market still profitable?

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

Unlocking success: capabilities an ideal CRM toolbox should offer

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

Andrews returns to Zoopla

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 cash reserves under threat

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

Winkworth shares rise despite lower profits

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 posts record results for 2022

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

eXp UK passes 400 agent milestone

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

Why material information does and should matter to you

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

Savills expecting ‘challenging’ first half for 2023

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

Time for the hard sell on Buy To Let

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

Landlord rental portfolio expenses revealed

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

Rightmove market position boosted by ‘estate agent reliance’

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

Connells Group 'remains optimistic' despite drop in profits and sales

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

Agents, you don't have to close your doors….and nor do you, conveyancers

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

Propertymark unveils conference speaker to train agent brains

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

Why estate agents need to be aware of social housing fraudsters

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 warns of 'challenging market conditions'

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

Agent shoots for Christmas number one

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

Landlords prepare to be buy-to-let losers

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

Purplebricks shareholder doesn’t rule out EGM on chairman position 

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

Getting Britain moving? Truss needs to do much more to reassure property market

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

TPFG confident it can 'navigate difficult backdrop'

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

Meet the new Housing Secretary who opposes 'toxic building targets'

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

Agents highlight property priorities for the new Prime Minister

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

Insight - buy-to-lets failing to beat inflation

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

Savills half-year results – revenues rise, but profits fall

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

Insight - is agency in danger of a downturn?

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

Homeday - Purplebricks quietly writes off German expansion

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

Purplebricks fallout – CEO bemoans ‘series of missteps’ after annual results

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 drives Foxtons revenues as sales conversions slow

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

Upbeat results from agency group despite forecast of transactions slump

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

Russian sanctions won’t hurt prime London claims high-end agent

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

Agent, 20, reports herself to police for drink-driving

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 says it’s delivered first phase of growth plan

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

Will Purplebricks quit stock market or 'do a Countrywide'?

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 like Purplebricks not right for mass market - analyst

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 admits uncertainty ahead after sharp drop in revenue

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 predicts improved profits after strong year

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

Vendors’ profits soar - but not in London or if they sold a flat

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

Capital Gains Tax on ALL homes - government told to act

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

No good wishes from Purplebricks for outgoing top executive

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 marketing chief quits after little more than a year

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

Why Meyers Home Based Agency is Attracting the Biggest & the Best

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

Build To Rent - why is it so cold and unfriendly?

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

At least eight new offices to open in 2022, pledges franchise network

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

Purplebricks share price now under 7% of its all-time high

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

Budget 2021 aftermath - did the chancellor target property for tax revenue? 

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

Legal Action against Purplebricks - “phenomenal” response by claimants

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

Cladding Tax on Developers - not everyone is in favour

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

Budget: Details of business rate changes and new development tax

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 posts strong results as agents move to full-fee contracts

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

TPFG announces record interim results, boosted by Hunters acquisition

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

Leaders Romans Group may go on sale for £400m - report

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

Taylor Wimpey profits over twice sum spent on cladding safety work

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

Boomin chief slams Rightmove over high fees, low investment

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

Agents’ fees to Rightmove soar as portal enjoys record performance

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

Developers defend Help To Buy’s cost to taxpayers

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

Book Review: The Ultimate Property Listing by Neil Whitfield

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

Capital Gains Tax threat to homes put on back burner

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

New agency formed by ex-directors of legendary London firm

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

New Property Tax - consultation begins on 'cladding' tax proposal

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

Adrian Gill – talking agency consolidation, PropTech, retail and Boomin

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

Online agency pledges to give most profit back to local community

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

Agency plans five new offices a year despite profit slump

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

Property market evolution - it’s a balancing act for all of us

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

Property Natter: meet the agent poet doing things unconventionally

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 it joining the establishment?

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

Why every day is Women’s Day here!

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

Boomin blasts Rightmove as bleak, broken and bloated

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 says it's UK's leading agency even before Countrywide acquisition

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

What can estate agents learn from retailers?

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

Work-from-home agency aims at national roll-out with industry novices

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

MovePal MovePal MovePal