Archive

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

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...

The UK Government should make better use of property taxes to deter foreign buyers, boost property supply and raise tax revenue,...

Savills has claimed most of the property markets It operates in are past “peak uncertainty” after posting lower revenues and profits...

Foxtons has recorded a 31% annual increase in the value of its under offer pipeline during the first couple of months...

Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels”...

A network uniting ethical estate agents has officially launched today with 25 members. The Ethical Agent Network (EAN) is led by industry...

Rightmove has reported a 7% rise in operating profit despite losing agents last year. The portal’s latest annual report released this morning...

LSL’s estate agency network has performed ahead of its plans since shifting to a franchised model last year. The LSL estate agency...

The average household in England and Wales who purchased in the past 20 years and sold last year achieved profits of...

In this latest article from the team at Iceberg Digital, they discuss a beacon of hope for agencies looking to thrive...

Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...

This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...

By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...

Most weeks there are stories within the property sector that quietly slip under the radar - but which hold huge significance.  Last...

The final tickets are on sale for next month’s Agency Excellence Summit. The event takes place at the Manchester Piccadilly Hotel on...

LSL has described the transfer of its estate agency business to a franchise model as a success and said it expects...

The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...

The slower sales market has started hitting high-profile agency and property brands. Agency franchise brand Winkworth’s half year results yesterday showed network...

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...

An estate agency with a major new homes department claims new build sales are proving more resilient than the mainstream market. Leaders...

Hamptons is warning landlords disillusioned with buy to let that they may have missed the top of the sales market -...

Retail queen Stacey Cartwright will succeed Nicholas Ferguson as chair of Savills from December 31 - but she inherits a company...

London estate agency Chestertons has made another senior appointment for its growing New Homes division. Henry O’Neill, former New Homes Director at...

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

Over recent years, as successive governments have tightened lettings legislation and increased the tax burden on landlords, some with investment properties...

CRMs can be superheroes for your business, but not all of them possess the necessary powers to save the day. As...

Zoopla has sealed a new long-term contract with estate agent Andrews, which encompasses 44 branches across southern England.  Andrews has signed up...

Purplebricks has warned its cash reserves are under threat if its strategic review and sales process isn’t completed soon. A trading update...

Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...

The Property Franchise Group (TPFG) has described its sales business as ‘operationally challenging’ for last year despite posting a record financial...

Self-employed agency network eXp UK has passed the 400 agent mark and beyond. The brand has announced that it now has 401...

According to the recent industry research report ‘Back to the Future’ from tmgroup, mio and CDS 40% of property transaction delays...

Higher utility and staffing costs pushed profits down in Savills’ UK residential business last year. The property and agency brand revealed in...

You don’t need me to tell you that buy to let has had a torrid time of it lately. For agents trying...

Analysis by professional cash buyer and portfolio landlord, Landlord Buyer (part of Open Property Group), has revealed what costs make up...

Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...

The Connells Group has said it remains optimistic about the year ahead after reporting falling profits and a decline in exchanges...

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...

Chartered psychologist, neuroscientist and award-winning science communicator Dr Sabina Brennan has been announced as the latest speaker at this year’s Propertymark...

In this guest feature, Dillon Darbar, counter fraud manager at Network Homes, sets out why estate agents need to be aware...

LSL has warned of a slowdown in sales and a rise in fall-throughs at the agency as it issued a “cautious...

An estate agent has kicked off a bid for Christmas number one with a World Cup-inspired song. Ealing-based estate agent Marco Helliwell,...

Mortgage rate hikes have already halved landlord profits according to latest research, and a base rate rise to 2.5% will see...

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

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...

The Property Franchise Group (TPFG) is still expecting a strong 2022 after posting increased half-year revenues and profits this morning. The listed...

New Housing Secretary Simon Clarke may be an unknown entity to many agents but he has a track record of supporting...

From housebuilding to planning laws and stamp duty reform, agents and property professionals were ready with plenty of suggestions for Liz...

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...

High-end estate agency Savills has posted a mixed set of half-year results, with revenue up to over £1 billion but the property...

Last week was quite a week for major trading updates, with four of the market’s biggest players announcing either half-year or...

Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...

Yesterday’s publication of Purplebricks’ annual results – which made for very difficult reading for the troubled brand – came as part...

Lettings has helped drive Foxtons revenue and profits for the first half of the year, a company update has revealed. The listed...

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

High end estate agency Savills says the imposition of sanctions on Russians, amid new measures obliging overseas buyers to be more...

A 20 year old estate agent who admitted being four times over the drink driving limit has been fined and banned...

Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

Low fee agents such as Purplebricks and some other online operators are generally not trusted by the public when selling their...

Purplebricks says there’s an uncertain period ahead following a sharp loss of revenue in the first half of its trading year. In...

OnTheMarket has this morning told shareholders that its performance is ahead of expectations and it's on course to make improved profits...

Strong house price growth since the pandemic began has boosted seller gains with the typical vendor who bought two decades ago...

A new report wants the government to consider slapping Capital Gains Tax on profits made from appreciating house values for all...

Purplebricks’ official statement on the departure of chief marketing officer Ben Carter merely says he’s leaving at the end of the...

Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...

Mark Meyer, CEO, Meyers Estate Agents: “We’re on a mission to revolutionise the traditional concept of estate agency.   We don’t have...

Let’s begin with total transparency from this author: I believe there’s a place for Build To Rent in the wider portfolio...

Franchise giant Winkworth says at least eight new offices will open next year, following an upbeat performance in 2021. In a trading...

A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p.  This is less...

In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

There has been criticism of the new Residential Development Tax, levied to fund remedial work on dangerous cladding on high rise blocks. The tax...

The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...

OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

There is a report that the private equity owner of Leaders Romans Group has appointed bankers to work on a ‘strategic...

Volume house builder Taylor Wimpey has announced a pre-tax profit for the first half of this year of £287.5m - and...

The head of Boomin has attacked Rightmove for the fees it currently charges agents, the likelihood of higher fees to come,...

Rightmove has reported a dramatic bounce back in its fortunes - and it’s making more money from agents even than before...

A new analysis claims Help To Buy has improved building volumes and has not been a drain on taxpayers. The scheme which...

I recently saw a fly-through video for a home on sale for well over £2m. The imagery was good (made better by...

The possible introduction of higher levels of Capital Gains Tax for the sale of buy to let, holiday homes or even...

Two former directors of the prestigious Beauchamp Estates agency in central London have set up their own new company. They say their...

The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding...

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...

An online agency that already operates in the lettings field is spreading into sales - and pledges to give most of...

Winkworth says Covid and its aftermath will not derail plans to open five offices a year.  In a trading statement to shareholders...

The UK property market is always evolving but never as quickly as it is now. Traditional estate agents are seriously questioning...

As you’ll know by now, I like to use the Natter to shine a light on independent agents doing things a...

Purplebricks is now part of the mainstream landscape of British estate agency. There - I said it. An agency whose whispered name...

You could be forgiven for overlooking International Women’s Day on Monday. Well, almost. Focus was instead turned to the first day back...

An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...

Connells Group says it is the UK's largest estate agency group by market share - and that's before the Countrywide acquisition...

If your house is anything like mine, the postman has a path beaten to your door over the last nine months. In...

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...

Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...

The mixture of the stamp duty holiday and generally fast-rising house prices has led to a resurgence of flipping. Data released this...

A report commissioned by the government suggests a doubling of Capital Gains Tax on profits from the sale of second homes. The government -...