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.
By PrimeResi
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.
By PrimeResi
Rightmove to expand account manager network by a quarter
Property portal embarks on recruitment drive to “further increase the level of service for agents.”
By PrimeResi
Most read
‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
Savills sounds quietly bullish on early-2026 prime activity
Agency's residential chief says first five months of the year could be the busiest as buyers move ahead of fresh uncertainty.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
My Property Career: Quickfire Q&A with Becky Fatemi
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
By PrimeResi
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
Average PCL price per sq ft at lowest level since 2012
Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.
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Six Graphs: Charting price movements & sales activity across UK prime markets
Savills' Q4 data confirms wide variations across markets from Prime Central London to Scotland.
In Pictures: Inside the luxury resi reworking of a St John’s Wood landmark
The historic former chapel-turned-studio where Queen filmed Radio Ga Ga is being transformed into five turnkey homes.
Prime London Property Market Snapshot: Week 04, 2026
Exclusive LonRes data reveals 29% fewer sales agreed in the first four weeks of 2026 Vs the same period in 2025, and 32% fewer than 2024.
By PrimeResi
Chestertons names new Westminster & Notting Hill sales heads
Jon Chevalier & Pavol Miksa step up to lead sales in key PCL offices.
By PrimeResi
Fewer photos means lower asking prices, portal analysis shows
Estate agency flags 'a notable gap' in pricing between listings with four of fewer images, and those with more than five.
By PrimeResi