OnTheMarket claims ‘a transformative year’ as revenues fall but prospects turn up
Property portal made large losses in the 12 months to February after 'a year of consolidation and preparation' - but business looks to have drastically improved since floating on the AIM
UK high streets have shed 100 estate agent branches so far this year
            A net loss of 100 stores between January and July puts estate agency amongst the hardest hit sectors on the UK high street, according to PWC & LDC...         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Countrywide goes ‘back to basics’ after ‘disappointing’ year
            More pain for the UK's biggest agency, as sales and lettings divisions post 45% profit plunge;        
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Developer launches a luxury property raffle platform, offering a £2m turn-key apartment in South Ken for £10 a ticket
            London developer Gatsby Property is launching a new raffle platform, Cadivus, aimed at the prime residential market         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    Budget 2025: The luxury property industry’s hopes, fears & expectations
            PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    PCL agency co-founder joins UK Sotheby’s International Realty
            George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.         
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    American super-agency Douglas Elliman expands into Europe
            Philippe Curutchet, Fredrik Lilloe & Edward de Mallet Morgan are leading the luxury brokerage's French debut.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Knight Frank concludes South of France partnership
            Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.         
    In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.         
    Adapt or Die: Why today’s estate agencies are failing to attract new talent
            Recruitment boss Barry Collins has some hard truths for property firms stuck in the mid-2000s.         
    London estate agency announces major recruitment drive
            Dexters wants to take on 200 new recruits via its Training Academy in 2026.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
            A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.         
    Carter Jonas makes suite of new appointments in Oxford
            Real estate consultancy announces 13 new hires & promotions across sectors in its hub office.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Zoopla declares ‘the end of the Forever Home’ as younger homeowners become ‘more realistic & flexible’
            Survey suggests a quarter of 18-34 year-old homeowners view their property primarily as 'a financial asset that should be leveraged when the market is right,' rather than as a permanent base.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Prime London rents rise ahead of the Budget – Knight Frank
            PCL values rose 1.9% in the year to October - the biggest uplift since last summer - while average gross yields hit a near 20-year high.         
    Budget 2025: The luxury property industry’s hopes, fears & expectations
            PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.         
    
            By            PrimeResi