Format: News
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
Yopa turns a profit ‘six months ahead of schedule’
Savills-backed fixed-fee estate agency has seen "dramatic growth" spurred on in part by the property market's post-lockdown activity run.
Property portals launch new marketing offensives
Rightmove, Zoopla and OnTheMarket are launching major advertising campaigns to capitalise on the resurgent post-lockdown property market.
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
Octagon reports surge in demand for high-end home improvements
Housebuilder’s ‘bespoke’ division, which takes on projects ranging from £1m and up, saw enquiries soar by 50% in July.
Construction firms warned of insurance hikes as pandemic ‘turbocharges’ premiums
The construction insurance market is growing ‘increasingly distressed’, says Mactavish
In Pictures: Benningen Lloyd’s three interior design packages for Embassy Gardens
Benningen Lloyd's "Editions" collection for EcoWorld Ballymore's Nine Elms regen scheme offers three looks ranging from "muted tones" to "a pop of colour".
Planning for the Future: Government reveals details of ‘radical’ reforms to create ‘a whole new planning system for England’
This is "radical reform unlike anything we have seen since the Second World War," declares the Prime Minister, Boris Johnson, as the Planning for the Future consultation opens.
Savills’ UK resi profits slumped by 54% in the first half of this year
Sales operations were hit hard by the Coronavirus pandemic in H1. But the Private Rented Sector proved a bright spot for Savills, with "an outstanding performance" seeing revenue jump by 87%.
Off-market deal with a twist agreed at Clarges Mayfair
Buying agency reports on an unusual acquisition at the record-breaking British Land scheme on Piccadilly...
Contracts exchanged on £22m Consero super-home
Ultra-prime developer described the 19,500 square foot Hills End project in Sunningdale as ‘the jewel in the crown’ of its bespoke portfolio...
George Rockrise-designed ‘Californian ranch’ in Highgate asks £5.75m
1970 project by one of the leaders of the modern California movement.