Fall-throughs cost England’s estate agents £392mn in lost commission – Rightmove
Property portal highlights the economic impact of fall throughs, and reiterates calls for a more digitised system of buying & selling.
Estate agents highlight ‘challenging landscape’ as more deals fall through
43% of estate agents believe a property market recovery will come next year; 29% believe it will happen in 2023, while 28% don’t believe it will happen in the near future.
By PrimeResi
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
The UK's Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.
By PrimeResi
Optimism returns to the property industry – but estate agents are looking to diversify
Key findings from Zoopla's annual "State of the Property Nation" include a marked upswing in estate agencies' sentiment, but there's continued uncertainty over the political situation.
By PrimeResi
Companies in this article
RightmoveMost read
Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
By PrimeResi
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Knight Frank doubles down on super-prime lettings amid ‘surging’ top-end demand
Agency appoints new Co-Head of Super Prime Lettings for PCL as globally mobile UHNWIs continue to drive activity above £5,000 per week.
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
By Becky Fatemi
‘Truly best-in-class’ Eaton Place trophy seeks £37.95mn
Agents are billing this Belgravia behemoth as the 'pinnacle of London luxury living'.
Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
LATEST ARTICLES
London rental market momentum ‘unimpeded’ by Renters’ Rights legislation
Foxtons' lettings boss says 'applicant numbers have spiked, supply is strong and budgets are holding firm.'
By PrimeResi
In Pictures: 300-year-old Berkshire estate with royal roots & working vineyard hits the market
1705 mansion in 146 acres 'captures the English countryside dream’, say agents.
From sweet spots to sticking points: How property taxation is reshaping the UK’s prime markets
IN DEPTH: Analysis by Yolande Barnes and Middleton Advisors points to widening gaps between high-friction and low-friction parts of the market - and the implications for pricing and liquidity.
Luxury property auction firm launches super-prime home furnishing service
Concierge Curated 'directly responds to rising demand for move-in ready, fully furnished luxury properties.'
By PrimeResi
May ‘could prove one of the more interesting buying windows of the year’ – Garrington
'Correct pricing is now what brings serious buyers to the table,' says buying agency.
By PrimeResi