Rightmove profits rise again as agents spend more
But the number of property agents using the portal dipped last year, and the management warns that 'customer numbers are likely to drop slightly' again in 2024, 'given the ongoing uncertainty in the macro environment.'
Rightmove revenue jumps 10% as property agents spend more
'Rightmove isn't materially impacted by the property cycle,' says new CEO Johan Svanstrom, as the portal's revenue and profits rise despite a slowing market.
OnTheMarket posts record profits but warns of ‘tougher trading conditions’ to come
Increased spending by estate agents has boosted the property portal's revenue, but a 'higher than expected' number of agents are cancelling contracts as the property market slows.
Rightmove to expand account manager network by a quarter
Property portal embarks on recruitment drive to “further increase the level of service for agents.”
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
Ant Yapi appointed at Holland Park Gate
The international contractor will deliver Phase Two of Lodha UK's super-prime project opposite the Design Museum.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Inside Foxtons: Sales reset, stress tests & the shift to recurring income
Estate agency reveals fresh detail on sales strategy, downside scenarios and senior pay in latest company filings.
In Pictures: ‘Extraordinary’ double chalet in Gstaad goes under the hammer
The 'exceptionally rare' property features two independent ski-in chalets with 'resort style' amenities.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
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Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
London property prices have climbed by an average of 1.3% a year over the last decade
Central London areas have significantly underperformed outer boroughs in price growth terms.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.