Format: News
London agency begins unfurloughing staff
Chestertons brings lettings negs back to work in some parts of the capital 'in anticipation of a very busy summer'
New chief for LSL as Crabb steps down
David Stewart has taken over from Ian Crabb as Group Chief Executive Officer of LSL Property Services Plc with immediate effect.
Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
Martin’s brings in a new senior analyst, ‘positioning the business on the front foot’ for life after lockdown
Chelsea property firm readies itself for post-Covid opportunities.
Westminster approves Mayfair resi-to-office scheme
MSMR & Kitesgrove are collaborating on the restoration and transformation of a 18th century townhouse on the corner of Chesterfield Street and Curzon Street
Guild reveals agents’ top coronavirus-related questions
Membership organisation reports much confusion around furloughing, marketing, EPCs, AML, insurance and inventories as agencies struggle to adapt
London property firms band together to support the LifeLine Phones 4 NHS charity campaign
Aston Chase, Avanton, Beauchamp Estates, Landhold Developments, LonRes and Wetherell are all helping out with a drive to donate unused mobile devices to Coronavirus patients, allowing them to stay connected…
NYC mansion relaunched at $38m below original asking
'Palatial' townhouse on Beekman Place has seen 77% wiped off its valuation since 2014
Mortgage approvals sink to seven-year low
Latest stats from the Bank of England show just 56,200 approvals for house purchases were recorded in March - the fewest since March 2013
New virtual network for luxury property professionals launches with influential founder members
Priya Rawal's Luxury Property Network is holding its inaugural online event next week, with panellists from Savills, Elicyon, CapitalRise, Lansgrove and Blick Rothenberg.
Country house market recovery thwarted
After three years in the doldrums, country house prices and activity were beginning to turn up in Q1, says Knight Frank. Now prices are likely to drop by 3% this year.
Countrywide’s income could plunge by 73% in Q2 – but the company says it can survive a ‘reasonable worst case scenario’
78% of the estate agency giant's employees have been furloughed, with remaining senior management all taking pay cuts.