Estate agency numbers rise despite cooling property market
The number of estate agents operating across the UK has increased by 1.9% in the last year, despite a decline in transaction numbers.
UK has the biggest estate agency sector in Europe, in revenue terms
But competition amongst British property brokers is fierce, meaning average earnings per agency are lower than in some EU nations.
‘The property market resembles a half-drunk cappuccino – still hot but the froth has gone’ – Garrington
National buying agency Garrington has updated its look, flexing a new logo (below) and new corporate colours in its latest market update
A history of estate agency regulation, 1979-2020
In advance of new ROPA legislation, the House of Commons has published a potted history of estate agency regulation since 1979's Estate Agents Act.
Most read
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Interior designers Fiona Blanchot & Sophie Ashby of Studio Ashby: 10 things we’ve learnt over 10 years
'Good business is a cocktail of hard work, luck and being tuned into your instincts'
Top-end estate agency blurs the lines between art & luxury property
United Kingdom Sotheby's International Realty has already seen some 'successful cross-pollination' since setting up a desk in one of the world's most famous auction houses.
Knight Frank heralds ‘a new era for the countryside’ as rural division growth continues
James Farrell has overseen two years of 'unprecedented growth' for Knight Frank's rural division - which continues with another new outpost opening later this year.
‘Exceptionally rare’ Kensington Court townhouse asks £18.95mn
Buyer sought for elaborate unbroken Grade II listed property near Kensington Palace
Broker platform announces second ‘brand collaboration’ in north London
Seasoned NW London agent Malcolm Ornstein joins former Parkheath director on Vita's roster.
In Pictures: Previewing Six Senses’ first-ever standalone resi development
New Renderings: Collaboration with UAE developer is delivering the world's tallest resi tower & a 'new chapter in ultra-luxury living'
‘Manhattan-inspired’ penthouse on Cadogan Square relaunched at £8.75mn
New price & agents for loft-style lateral on one of PCL's most prestigious garden squares.
In Pictures: £6.5mn price tag for Mayfair gem with interiors by Cartier maestro
Bruno Moinard-designed pad on South Audley Street is being pitched at 'bon viveurs, socialites and power players'
LATEST ARTICLES
In Pictures: Brace of King’s Cross penthouses pitched at £7.6mn apiece
Marquee units launched at 67-acre estate's flagship resi heritage building, Gasholders London.
Green light for ‘landmark’ mixed-use South Bank scheme
Designs by Foster + Partners and Lipton Rogers for Hines promise to create 400 new homes on a long-vacant prime site on Blackfriars Road.
Q1 in Review: Prime London’s resi markets enter recovery mode
Prices picked up in the first three months of 2024 after bottoming out at the end of 2023, and activity levels are also on the rise - but caution remains the watchword.
Second home sales ‘dominating’ supply in Prime London, reports buying agency
'Significant price movement' is being achieved in certain situations, says Eccord.
Rental market ‘no longer at peak boiling point but it remains at a very hot simmer’
The pace of rental price growth is cooling fastest in London, says Rightmove, as more top-end properties see asking price cuts.