Business & People
Foxtons slides into the red as London’s ‘weak sales market’ takes its toll
Sales revenue dropped by 23% in H1, reports the high-profile estate agency - leading to a £2.5m loss for the business in the first half of the year
Revenues & profits rise for Rightmove as agents spend more
Estate agency branches and new homes marketers are spending an average of £986 per month with the UK's biggest property portal
Countrywide loses agency commission case in Dorset
An estate agent should introduce a buyer to the purchase not just the property, rules Weymouth County Court
KKR & Urban Exposure partner up to finance mainstream resi development projects
The new joint venture has an initial pot of £165m to lend to residential development projects across the UK
OnTheMarket hits 10,000 branches; ramps up sales team to convert free trials
Property portal has doubled the size of its sales team since February, as it looks to turn free trial offers into full-price listing contracts
Humberts announces radical shift ‘from high street to hubs’
175-year-old agency to ditch traditional high street model in favour of "lounge-style hubs", each covering an entire county and managing clients’ homes and lifestyles
Watch: LonRes’ William Carrington in conversation with Alan Russell of Russell Simpson
LonRes Chairman William Carrington chats to Alan Russell, Founder and MD of long-running PCL agency Russell Simpson, about surviving the many challenges thrown at London's resi sector over the last four …
Knight Frank expands Scottish Residential Development team
Allsop's London permitted development specialist moves to Knight Frank's Edinburgh operation
Berridge joins MyLondonHome team to launch a new investment operation
'ResiRichard' Berridge, Steven Herd and Andrew Griffith have launched a new residential property investment firm focusing on London and its surroundings
Capco writes down Earls Court value again; takes ‘constructive early steps’ towards a demerger
Capco's Board 'is considering the structure of the Group and constructive early steps have been taken in preparing for a possible demerger'
45% of all properties taken off the market in 2017 were withdrawn rather than sold
Withdrawn properties may have cost estate agencies up to £4bn in lost commission last year, according to new research. Higher-value and London homes are more likely to be withdrawn rather than sold...
Interview: Tim Hyatt on finding long-term success in the lettings business
The Knight Frank lettings chief explains how he's steered the division to a second consecutive record year, offers his thoughts on the big challenges facing the industry right now, and tells us why Jon…