Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
Rightmove founder backs proptech marketplace
Harry Hill joins $800k funding round for James Dearsley and Eddie Holmes' Unissu platform
Rightmove revenue bounces back as agents’ spending reaches a record high
Estate agencies are spending an average of £1,163 per month per branch with Rightmove; that's 11% more than in 2019.
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Super-rich buyers line up for Caudwell’s 1 Mayfair residences
£2bn Central London development tops out; claims world’s longest 'waiting list' of centi-millionaires & billionaires.
Deal sealed on rare quadruple lateral on Eaton Square
Sprawling short lease proposition created 'quite a stir'.
Penthouse at forthcoming boutique Mayfair scheme achieves £5,000 psf
Half of the units at Three Kings Mayfair have been snapped up off-plan.
Boutique luxury developers secure consent for ‘landmark’ Notting Hill scheme
Echlin & Bodker have been given the green light to create six luxury townhouses & two apartments on Lansdowne Walk.
PCL agency Tedworth brings in new lettings boss from Hamptons
The Sloane Street-based firm is looking to accelerate its lettings offering.
Super-rich buyers line up for Caudwell’s 1 Mayfair residences
£2bn Central London development tops out; claims world’s longest 'waiting list' of centi-millionaires & billionaires.
Former Knight Frank chief to chair Grosvenor’s UK property business
Alistair Elliott will take over the high-profile role from Melanie Gee in January.
American brokerage giant Compass set to buy @properties & Christie’s International Real Estate
'Game-changing partnership' promises to 'take the Christie’s International Real Estate network to unprecedented heights' while giving America's biggest brokerage a presence outside the US for the first t…
Trio of seasoned agents join The London Broker
Expanding high-end brokerage signs up Adam Carey, Silvina Paz & Ryan Steenfeld-Kristensen.
Bangladeshi corruption investigations raise alarm over London property market
'This is a test for the UK government to demonstrate it can fulfil its ambition of being the anti-corruption capital of the world,' says Transparency International.
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As the market outlook brightens, property portal Zoopla has opened its data banks to highlight some of the key user trends & buyer behaviours of the past 12 months.
Boutique agency reports another record-breaking deal in London’s West End
HNW buyers are becoming increasingly product-led, reports Tavistock Bow, as resale unit sets new Covent Garden price benchmark.
Prime London buying agency reveals top deals from £120mn year
'It is 100 per cent a buyers’ market', says Black Brick boss, trumpeting the firm's biggest acquisitions of 2024.
Lomond buys 60+ branch London agency KFH
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£16mn mansion changes hands in St John’s Wood
Standout family residence was secured by an international buyer in a fast-tracked deal.