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KEYWORD "Restructuring" - 55 RESULTS
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

Not-So-Grand Designs: Kevin McCloud's investors face huge losses

The Guardian has revealed that small investors lured into putting money into TV property guru Kevin McCloud’s eco-friendly housing projects -...

27 August 2019

From: Breaking News

Countrywide veteran says he could float online agency on the stock market

The former Countrywide chief executive Grenville Turner says it is an option for online estate agency Yopa to go to an...

23 August 2019

From: Breaking News

Speculation grows about Yopa’s future as LSL chief quits board

Speculation is growing about the future of online agency Yopa. This follows a key resignation from Yopa’s board and one expert’s analysis...

22 August 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

How you CAN increase your chargeable fees and JUSTIFY it

With the Tenant Fee Ban obliterating a key income stream, letting agents should be looking at ways they can increase the...

16 May 2019

From: Sponsored Content

Countrywide income falls again -  but LSL restructuring 'showing results'

Countrywide has this morning revealed that group income is down yet again - it blames continuing Brexit-related problems. It says: “The ongoing...

30 April 2019

From: Breaking News

Major agency launches lifestyle service to bolster sales and lettings income

Humberts, the agency which was one of the first to ditch High Street offices in favour of fewer larger hubs, has...

25 April 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

Property Jobs Today - your one-stop-shop for the industry's jobs news

Hello and welcome to this week’s PJT, your regular catch-up on key appointments news in our industry. It’s been a difficult seven...

11 February 2019

From: Breaking News

Your Move insists “No breach of data” after documents taken from branch

The beleaguered Your Move estate agency insists there was no breach of customer privacy after an ex-employee reportedly took confidential data...

07 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

London agency 'doubles profit' and is on the prowl for acquisitions

Chestertons says its profitability in 2018 doubled compared to the previous year, but appears to have relied heavily on lettings for...

21 January 2019

From: Breaking News

Property Jobs Today - a new agency and plenty of other key moves...

Hello and welcome to a new working week, which means your chance to catch up on the key moves in our...

08 October 2018

From: Breaking News

Countrywide puts 'restructuring and turnaround' expert on the board

Countrywide has announced the appointment of a new board member with “substantial restructuring and turnaround expertise.” Mark Shuttleworth became a non-executive director...

04 October 2018

From: Breaking News

Buckle Up - High Street agencies in for a tough autumn says KPMG

Traditional estate agencies could be in for a stormy autumn and face being the next casualty of the high street shake-out...

20 August 2018

From: Breaking News

Property Natter: a changing of the guard?

The big story to break this week in the property world was the announcement by the new owner of Humberts that...

28 July 2018

From: Features

Historic agency to abandon branches and move to 'Humberts Hubs'

The new owner of Humberts is to ultimately close many of the traditional branches and move to what he is calling...

25 July 2018

From: Breaking News

Significant financial distress felt by many more agencies

A report out today shows a 19 per cent rise in the number of property businesses classified as being in “significant...

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

Humberts pledges revolution as it concentrates on chocolate box towns

Humberts’ new owner has issued a statement saying he is on “a personal mission to revolutionise the industry and become the...

17 July 2018

From: Breaking News

 Property Natter: what has 2018 brought so far?

First things first, I have to mention the World Cup. The dream is over, football’s not quite coming home (not until...

14 July 2018

From: Features

Humberts purchaser revealed as Natural Retreats

It has today been announced that the Natural Retreats group has purchased Humberts. The entirety of Humberts has been included in the...

21 May 2018

From: Breaking News

Countrywide not in a rush to get a new chief executive

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post...

10 May 2018

From: Breaking News

Humberts denies report of some branches already shut with staff unpaid

Humberts has denied a local press report suggesting at least five of the firm’s 22 offices had already closed with some...

01 May 2018

From: Breaking News

Property Natter: agents bucking the high street downturn

Maplin, Toys R Us, Carpetright, Warren Evans – what do they have in common? All are well-known high street chains that...

21 April 2018

From: Features

Revealed: how many brands, branches and staff remain with Countrywide

Countrywide has revealed precisely how many brands, branches and staff it has following the extensive and multiple restructurings of recent years. In...

22 March 2018

From: Breaking News

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

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

Platt's legacy - Countrywide's recent torrid years

It is now an industry truism to say that Alison Platt has transformed Countrywide - but recent evidence, and now doubt...

23 January 2018

From: Breaking News

Latest Countrywide restructure gives more work to chief executive

Countrywide has announced another management restructure, this time with chief executive Alison Platt appearing to take on additional responsibilities. The announcement makes...

18 August 2017

From: Breaking News

Newsflash - OnTheMarket to announce £50m stock exchange flotation

Sky News is reporting that OnTheMarket is to demutualise and list on the Stock Exchange.    The portal made much of its mutual...

03 August 2017

From: Breaking News

What's in a name? RH & RW Clutton is very much alive and well

The three-office RH & RW Clutton agency has issued a statement to say it’s alive and well - and unaffected by...

08 May 2017

From: Breaking News

Countrywide says merger expands agency's London network by a third

A new statement by Countrywide’s John D Wood & Co says its now-completed merger with Faron Sutaria has had the effect...

14 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: £38m share placing may allow it to rival Purplebricks

Countrywide has successfully placed 21.6m shares to institutional investors at the competitive price of 175p per share - allowing it to...

10 March 2017

From: Breaking News

Budget 2017 wishlist: Expectations from the property sector

Looking ahead to the Spring Budget this week, the Chancellor Philip Hammond will be obliged to face up to the implications...

04 March 2017

From: Features

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

Regional agency firm restructures to concentrate on core activities

Cheffins, the six-office Cambridgeshire-based firm, says it is creating ”a new corporate framework” to intensify its focus on estate agency, rural...

04 January 2017

From: Breaking News

Property Natter: Q & A with Russell Quirk

In recent weeks I have been carrying out question and answer sessions with some of the key figures in the property...

14 October 2016

From: Features

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

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

Countrywide wins plaudits in 'Best Employer' survey

Despite a controversial reorganisation taking some months and still underway, Countrywide has been recognised as one of Britain’s best employers in...

20 January 2016

From: Breaking News

Yet another senior management figure departs from Countrywide

Estate Agent Today understands that Countrywide's Chief Information Officer is the latest high-profile manager to leave the organisation. Oliver Skagerlind joined Countrywide,...

18 January 2016

From: Breaking News

Countrywide says London market stagnation not caused by stamp duty

Countrywide says the current malaise in the central London housing market is not, as many agents and commentators suggest, simply down...

01 December 2015

From: Breaking News

Countrywide confirms latest three senior management departures

Countrywide has confirmed that another three senior management figures have left the group as its restructuring continues apace. Estate Agent Today revealed...

25 November 2015

From: Breaking News

Exclusive: Countrywide loses three more top managers in latest restructure

Another three senior management figures have left Countrywide as the restructuring of Britain’s largest estate and letting agency continues apace. The latest...

24 November 2015

From: Breaking News

Video round up 23.10.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Countrywide's on-going...

23 October 2015

From: Breaking News

Video round up 23.10.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Countrywide's on-going...

23 October 2015

From: Video Articles

Countrywide upheaval goes on - company says it will double in five years

Countrywide’s management restructuring continues apace with new changes aimed at “leveraging our combined sales and lettings offering through one cohesive retail team”...

22 October 2015

From: Breaking News

Has Corbyn Labour-proofed lettings?

The party's over. It's probably the best double entendre in the world of politics right now. For centre or right-leaning Labour...

25 September 2015

From: Features

Countrywide senior managers 'facing redundancy threat'

Restructuring turmoil continues within Countrywide, Britain’s largest estate and letting agency group, with several managers reportedly being handed notices referring to...

10 September 2015

From: Breaking News

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