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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Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Vabel picks sales agents for flagship Bayswater scheme
DDRE Global & Savills will launch apartments at Vabel Townhouse later this Spring.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
Strutt & Parker recruits estates & farms head from Savills
Louise Harrison is now head of Strutt's London-based National Estates & Farm Agency team.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
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Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
Westminster tightens construction rules for developers
Updated code introduces zero-emission machinery targets and stronger neighbour protections.
In Pictures: Bill Bennette-designed Regent’s Park apartment seeks £7.95mn
Grade I-listed flat on Cumberland Terrace features an 'opulent' interior by the late designer.
Battersea Power Station names new CEO
James Saunders will take over from interim boss Sam Cotton in April.
Rightmove reports ‘steady rather than strong’ March property market
Buying activity has been 'stable' so far this month, says portal, but 'it’s too early to tell what may happen later down the line' as geopolitical instability affects the global economy.