Format: News
Foxtons swings to a loss as London market woes continue
61-branch estate agency reports a pre-tax loss of £17.2m, down from a profit of £6.5m in 2017, as sales revenues tumble 15%
Foxtons 2013-2018: from £42m profit to £17m loss
Charting the rise and fall of profits and revenues at high-profile estate agency Foxtons.
The number of £2m+ homes owned by companies has fallen by 10%
Tax changes have pushed more owners to de-envelope properties, says Boodle Hatfield.
Property demand drops by nearly a fifth
Estate agencies report 19% fewer house-hunters registered per branch in January 2019 compared to January 2018.
Architect loses legal battle over disastrous ‘floating’ home cinema project
Ruling has wide implications for design and construction professionals, say lawyers
Tech firm looks to turn the property portal model on its head
OneDome rolls out free property search engine that 'pays agents'
Revenues & profits climb for Taylor Wimpey
House-builder reports 'another strong year' in 2018 and 'a very positive start to 2019'.
Capco ramps up demerger preparations as Earls Court valuation takes another hit
Controversial west London scheme sees valuation drop by another 15.6%, from £759m to £658m, marking the third annual loss on the trot;
Adam-designed Oxfordshire stately home ‘could be worth £70m’
Once built, St John's House could well be the largest privately-owned residence in the country...
Property price inflation slows in UK cities
The average gap between asking prices and agreed sales prices in London has widened from just 1% three years ago to 5.1% today, reports Zoopla.
Ranked: Britain’s fastest selling locations
It now takes an average of 77 days for a property to go under offer, says Rightmove, up from 72 a year ago. The North West has seen the biggest acceleration in time taken to sell a home.
‘Renting remains more cost effective than buying’, says Winkworth
Estate agency's analysis argues that average rents in London have risen by just 2% since 2006, while sold prices have escalated by 55%.