LSL profits tumble, but remain above pre-pandemic level
LSL's Estate Agency brands made a £1mn operating loss in the first six months of the year, largely as a result of "extremely slow" exchange speeds.
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.
‘Our performance was not good enough,’ says Purplebricks boss as instructions, revenues & profits plunge
Purplebricks handled 31% fewer instructions in its latest full financial year than in the previous 12 months.
Savills H1 revenue tops £1bn, but profits shrink as resi income falls
Savills has reported a "strong performance comfortably ahead of pre-pandemic level" in the first half of this year - but revenue from residential transactions has fallen by 11%.
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Luxury brokerage recruits another raft of top agents to drive SW London expansion
Fast-growing agency United Kingdom Sotheby’s International Realty confirms quartet of 'stellar' hires, including some big names from Knight Frank.
After the goldrush: Mayfair’s luxury new-build supply dwindles as development boom fizzles out
Planning restrictions & rising construction costs have driven a major shift in London's most exclusive neighbourhood.
Super-prime PCL agency reports ‘solid’ start to 2025, as international buyers drive £300mn deal run
'Price, presentation & protraction' are the key issues facing the capital's high-end resi market right now, says Beauchamp Estates; speculates Trump's new global order could boost demand.
Self-employed broker agency buys rival
With backing from well-known property industry players, TAUK wants to 'consolidate the UK’s self employed agency space'.
By PrimeResi
Investor picks up six-unit portfolio in Kensington
Agency says bulk deal demonstrates 'continued attractiveness' of prime London property to BtL investors, despite impending policy changes.
Agency seals over £100mn of deals in Little Venice
Boutique firm reports run of high-end sales in the picturesque West London enclave, where - unlike in many parts of the capital - demand is outstripping supply.
Ranked: The 20 most expensive streets in Britain right now
New analysis reveals which are the priciest addresses in 2025, based on current listings.
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
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Britain’s Best Places to Live in 2025
Saffron Walden in Essex has been named the best place to live in the annual Sunday Times Best Places to Live guide.
By PrimeResi
Law Society reveals updated Seller’s Property Information Form
A new two-part TA6 form has been unveiled following a controversy & a consultation.
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Seven Graphs: The evolution of branded residences in Europe
The pipeline of branded projects in the region is expected to grow by 180% over the next six years, new research shows - but who are the biggest players, and where are the key hotspots?
Nest Seekers International launches art brokerage
Luxury real estate firm teams up with Studio Kasa founder Josh Kasper to offer a 'bespoke curation and acquisition experience' to clients across its global network.
ZHA alumnus unveils ‘world’s first fully AI-driven architectural project’
'We’re at a crossroads...a moment of profound change' says studio boss Tim Fu, debuting designs for new super-luxe villa scheme in Central Europe.