LSL trumpets ‘highly resilient’ performance as estate agency revenue drops; warns on coronavirus impact
There's a lot going on in LSL's latest update to shareholders, with Countrywide merger talks ongoing, the impact of last year's dramatic network downsizing revealed, and a warning that the spread of the Covid-19 virus is already having a noticeable effect on market prospects.
‘Purplebricks 2.0’: Estate agency trumpets strong performance & rolls out a ‘Money Back Guarantee’
"Today we present Purplebricks 2.0," declares CEO Vic Darvey, as the hybrid estate agency sets an ambition to double its market share to 10% of property sales over the next few years.
‘Disappointing’ estate agency performance pushes Countrywide profits down
The property Plc's full year results show that Total Group Income is down by c.17% in 2017 compared to 2016
Countrywide reveals lockdown impact & bounce-back performance
"Early trading indicators in England are encouraging and we expect a similar bounce back in Wales and Scotland," says Countrywide's Board ahead of the Plc's AGM.
Most read
Former embassy sold in Mayfair’s biggest house deal of 2025
‘Landmark’ sale of £22mn Park Street mansion shows resilience of PCL market, say agents.
In Pictures: ‘One of the finest homes in South West London’ hits the market at £25mn
Agents expect 17,000+ sq ft trophy home in Fulham to attract strong interest from PCL-based buyers seeking scale & seclusion.
In Pictures: Vast Georgian-style mansion in Kensington seeks £35mn
'This really is the house which has everything,' says sales agency.
Russell Simpson builds Mayfair team
Beau McCarty has joined Hermione Russell's recently-opened office.
St John’s Wood villa with supermodel provenance returns to agency’s books after 30 years
Arlington Residential brings Greville Road property back to market at just under £6mn - three decades after first selling it for under £800k.
Charles Curran: Forget the hype, this is reality
Boutique estate agency boss (and former private equity banker) rails against misplaced optimism - calling for honesty, realism and tough love in today’s Prime Central London market.
Green light for ‘landmark’ redevelopment scheme in Chelsea
Transformation of one of the neighbourhood's 'most iconic sites' is due to deliver 24 luxury homes and a flagship retail space.
Historic St James’s building sold after luxury redevelopment
Obbard's corking rental scheme for wine merchant Berry Bros resulted in 'a very significant uplift' in value.
Is the Prime London sales market turning a corner?
Latest LonRes data shows strong pick-up in under offer numbers and stabilising values - along with signs of a resurgence at the very top-end
Brokerage recruits ex-Savills department head
Sam Pagett will be covering the Cheltenham patch as a Moveli broker.
LATEST ARTICLES
Landlord & tenant price expectations ‘widen’ as policy change looms
Landlords are 'assessing options' ahead of the Rental Reform Bill becoming law, says Savills.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Elle ramps up branded resi expansion with two new launches
Fashion brand's double launch in Brazil follows a debut residential project in Miami and a second scheme in Dubai.
Hybrid agents gain ground in the £1mn+ market
TwentyEA flags 'a notable changing of the guard' in the estate agency arena, as a broker platform posts dramatic growth.
Ultra-luxe Dubai mansion sold in region’s latest ‘benchmark’ deal
Super-rich buyer splashes out on AED 150mn super-home in Dubai Hills Estate