LSL posts record profits, but warns of a sharp housing market slowdown in 2022
"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart. "These will affect our Estate Division in particular, and as always, we will be agile and respond to market conditions as required."
Purplebricks Plc posts ‘disappointing’ results; warns of an ‘uncertain’ market ahead
Purplebricks' instructions have slumped by 38%, as the hybrid estate agency shifted its business model and faced legal challenges. The company made an operating loss of £11.
LSL profits stay strong despite drop in estate agency revenue
"We expect that the impact of housing market cycles will continue to have a reducing impact on the Group's results," says major property Plc, which owns estate agency brands including Marsh & Parsons.
A year after buying Countrywide, Connells Group reports £1bn turnover & record profits
Countrywide acquisition has proved to be a "great triumph" says Connells CEO David Livesey.
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OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Green light for new Finchatton apartment scheme in Knightsbridge
Super-prime developer to transform two historic townhouses just around the corner from Harrods; promises 'best product to date'.
Currency Matters: Once again, Prime Central London real estate is on sale
The pound has been taking a pummelling & US buyers now have an unprecedented opportunity to capitalise in the PCL property market, explains David Huggett.
Spain floats 100% property tax for non-EU buyers
Spanish Prime Minister unveils plan to tackle 'grave' housing crisis with huge tax hikes on overseas buyers.
Brokerage lists important Arts and Crafts mansion in Surrey
Sublime 1896 creation by Charles Voysey is regarded as one of the finest examples of its œuvre.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
Former UK SIR director & Knight Frank partner signs to Harding Green
Ryan Stokes spent a decade with Knight Frank before moving to UK Sotheby's International Realty.
The Future Is Green: Property industry insiders on balancing luxury & sustainability
Members of The Luxury Property Forum share expert insights into how the prime resi industry is embracing the challenges & relishing the innovations of taking a more sustainable approach...
Lurot Brand adds new Lettings Manager
Oliver Cooper has joined the London mews specialist agency.
NDAs in prime property transactions: Essential privacy tool or negotiation hazard?
Top buying agent Jazmin Atkins evaluates the pros and cons of using confidentiality agreements in elite-level real estate deals.
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As the branded resi sector continues to grow at a remarkable pace, Michele Galli of The One Atelier explores what’s driving the evolution and resilience of this luxury niche.
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Home-buyer demand is ‘tracking 14% ahead’ of early 2024 – Zoopla
Property portal reports higher deal numbers, increased buyer demand & rising supply compared to the start of last year.