Savills reveals ethnicity pay gap
"While there is a clear pay gap today major steps have been taken to address the pay gap and working environment for minority ethnic employees," says major real estate advisor.
Savills shrinks its gender pay gap – but ‘there is still work to do’
Property firm reports that its male employees were paid an average of 39% more per hour than female employees in 2018. That's a slight improvement on 2017's 45% gender pay gap.
By PrimeResi
‘There is still a long way to go’ to close the property sector’s gender pay gap
The UK real estate industry's gender pay gap has narrowed in the last year, but 'disappointing' and 'worrying' figures from the latest salary survey by the RICS and Macdonald & Co reveal that men in property…
By PrimeResi
Agency boss calls for furlough pay scheme extension, or ‘tough decisions’ will be made at the end of May
Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
By PrimeResi
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Going under offer: How to buy a prime property from a receiver
Recent reports suggest a number of London’s most expensive residences are being sold as part of bankruptcy proceedings, as wealthy homeowners have their assets liquidated to pay down debts.
Government cracks down on long-term empty homes
100% council tax premium will come into force on 1st April.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
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Price expectation gap between buyers & sellers risks widening
Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.
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A new reality TV series will follow Daniel Daggers’ DDRE Global team as they 'set out to conquer the super prime high-end real estate market from the prestigious streets of Mayfair to the exclusive enclaves o…
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Cash buyers insulate Surrey’s top-tier property market
The proportion of buyers using cash across the county's famous private estates & roads jumped from under half in 2021 to nearly two-thirds in 2023, says Savills.
Asking prices jump 1.5% in a month as the property market ‘marches in Spring’
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By PrimeResi