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' 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.
"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
Countrywide acquisition has proved to be a "great triumph" says Connells CEO David Livesey.
Companies in this articleLSL
Inside an Elm Park Road townhouse reworked by the world-famous design studio.
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
All 28 units at Third.i's The Doulton will have direct views over the Thames and access to 'first-class' amenities.
Almacantar reports strong interest from domestic and international buyers across its West End portfolio.
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
Rare 3,000 sq ft duplex overlooking the famous Piazza is expected to attract wide-ranging interest.
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
Gazumping & gazundering are the uninvited guests of a bull & bear market, but there are ways to mitigate the risks of them trashing the house; one of the most experienced agents in the business explains…
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.