Company Tag: LSL

Former Aviva UK chief David Barral is set to replace Bill Shannon at the estate agency group.

Bill Shannon is retiring from the plc's board in May, following nine years of service.

Another major acquisition creates London's biggest estate agency network.

'Significant disruption' to markets caused by recent political uncertainty and sharply rising mortgage rates, says plc.

LSL's Estate Agency brands made a £1mn operating loss in the first six months of the year, largely as a result of "extremely slow" exchange speeds.

Current chief Helen Buck is to retire next year

"We expect that the impact of housing market cycles will continue to have a reducing impact on the Group's results," says major property Plc, which owns estate agency brands including Marsh & Parsons

"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart.

Profits at Foxtons Plc are at the "top end of expectations", while Marsh & Parsons-owner LSL enjoyed its highest ever operating profits in 2021.

Property PLCs including Rightmove, Savills, Foxtons, LSL, Connells, Purplebricks, OnTheMarket and Berkeley Group have seen huge increases in revenue compared to corresponding periods in both 2020 and …

Marsh & Parsons' parent company is the latest big property firm to report a huge rise in revenue and profits in the first half of this year.

UK’s second largest estate agency group reveals shift in focus amid strong set of annual results.