Can estate agencies survive the unfurloughing of wage bills?
The Government's furlough scheme is supporting the property industry to the tune of over £120 million a month, says Rayner Personnel. Estate agencies could face "a big problem" as the scheme unfurls in the coming months...
The big problem facing London’s top estate agencies
After twenty years with some of the biggest firms in the PCL market, this senior agency insider - who has asked to remain anonymous - is sensing a 'huge change' in the air, with potentially serious consequences…
Agency boss calls for furlough pay scheme extension, or ‘tough decisions’ will be made at the end of May
Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
Mandatory estate agent qualifications are on the way
Lord Best's Regulation of Property Agents working party will present its recommendations - including new mandatory qualifications for all consumer-facing estate agents - to the Government next week
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The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
LATEST ARTICLES
More ‘legacy’ properties set to change hands in London this year, says top dealmaker
UK Sotheby's private office chief expects market confidence to build, with continued competition for the capital's best homes.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Gap between flat & house prices ‘has never been wider’
Zoopla says leasehold flats 'present an opportunity' for buyers 'who are prepared to do their homework' as reforms hove into view.
My Property Career: Quickfire Q&A with David Ronson
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Home-buyer choice reaches decade high as new listings accumulate
Supply is high and rising, but 8% fewer sales were agreed in May this year compared to last.