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Purplebricks reports ‘resilient’ trading; shoots for 10% market share
Hybrid agency 'very pleased with progress made...in light of the market backdrop'
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OnTheMarket reports a ‘strong year of progress’ despite widening losses
The challenger portal has updated the City on how the conversion from free to paying contracts is going, and reveals what it spent on advertising last year (a lot)...
By PrimeResi
Foxtons swings to a loss as London market woes continue
61-branch estate agency reports a pre-tax loss of £17.2m, down from a profit of £6.5m in 2017, as sales revenues tumble 15%
By PrimeResi
HMRC hits Purplebricks with £260k fine over AML breach
£266,793 penalty was levied for 'failures in having the correct policies, controls and procedures, conducting due diligence and timing of verification'.
By PrimeResi
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Power struggle at major family-run estate agency
Boardroom rift heads to the High Court as AIM-listed firm launches proceedings against its chairman.
By PrimeResi
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Prime London transactions up 14% as more buyers come off the sidelines
Knight Frank says buyers and sellers have become 'hardened to the volatility' as latest numbers suggest an improving picture across the prime postcodes.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
By PrimeResi
Georgian gem changes hands on Fitzroy Square in off-market deal
Demand for best-in-class homes is driving top-end activity in PCL, says agency behind latest benchmark sale.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
By PrimeResi
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
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