Archive

It’s taken eight years but one of London’s highest profile estate agencies says the value of its Under Offer pipeline has...

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

Any estate agency will have noticed the rise of the “personal agent” in the industry, with interesting propositions from eXp, The...

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

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

Property brand and auctioneer Bond Wolfe has recorded total sales revenues of more than £178 million for 2023. The auctions division raised...

The number of properties going under the hammer has increased but there has been a dip in the percentage of lots...

Foxtons has seen its sales revenues decline during the first half of the year but insists its turnaround is working. The London...

Foxtons completed the highest number of viewings for five years during the first quarter of 2023, giving it hopes of a...

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

Estate agency sales revenue could have dropped by as much as 27% by the end of this year, research suggests. Analysis of...

Foxtons has upped its expectations for its full year financial performance despites acknowledging a “less certain market backdrop.” A trading update from...

The sales process is starting to speed up, The Property Franchise Group (TPFG) has claimed. Gareth Samples, chief executive of TPFG, which...

Sales remain the predominant source of income for most estate agency brands, research claims. The analysis warns that agents shouldn’t ignore lettings...

The latest trading update from Foxtons has revealed that sales revenue in the first quarter of this year was down 9%...

Foxtons has given an upbeat trading update to shareholders this morning. It says so far this year sales revenue is a huge...

Franchise giant Winkworth says it has backed the start up of a commercial company advising on investment in retail or business...

In a trading statement this morning Foxtons has revealed that following a 49 per cent increase in sales revenue in the...

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

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

Foxtons has this morning announced that chairman Garry Watts is to retire from his position on March 1. He is also quitting...

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

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

Foxtons' latest trading statement shows another fall in sales revenue - but this time lettings income is down too. In an announcement...

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

Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...

Foxtons has warned shareholders and the City that sales volumes are at a “record low” and that the agency suffered another fall...

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

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

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

Hello, and welcome to this week’s regular Monday summary of all the major jobs moves in our industry.  Despite summer and the...

Foxtons says its long-term branch expansion programme is now “largely complete” and it is shifting its attention to using technology to...

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

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

LSL Property Services - which includes Your Move, Reeds Rains and other high street estate agencies - batted away any housing...

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

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

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

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

In a surprise announcement this morning, Foxtons has revealed that its total revenues in the past three months dropped 14 per...