Estate Agency News
Activist shareholder tells Foxtons to ‘sell itself’
Stakeholder accuses London estate agency of underperforming, suggesting "the better path for Foxtons is to pursue a formal process to sell itself."
LSL posts record profits, but warns of a sharp housing market slowdown in 2022
"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart.
Dexters acquires property management & lettings platform Howsy
"Increased digitalisation of our London lettings business using Howsy’s innovative 'smart tech' will help Dexters scale up our residential lettings service," says estate agency boss Andy Shepherd.
Belvoir buys broker-model estate agency Mr & Mrs Clarke
"We’re thrilled to be a ‘first' for the Belvoir Group," says Mr and Mrs Clarke boss Paul Clarke.
Purplebricks boss Darvey steps down
Hybrid estate agency's Chief Operating Officer, Helena Marston, steps up to the top job as Vic Darvey quits.
Talking Heads: On Russia sanctions & the London property market
Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…
Long-standing Hunters boss steps down
Glynis Frew will be replaced by Gareth Williams as Managing Director of TPFG-owned estate agency Hunters.
Lomond recruits Foxtons’ lettings boss as CEO
Lloyds-backed estate agency group is poised to enter the London property market.
Foxtons names new lettings chief
Gareth Atkins is taking over from Ed Philips as Foxtons' Managing Director - Lettings.
Knight Frank & Savills suspend Russian divisions
Global property consultancies suspend long-established business ties in Moscow, joining a growing corporate exodus from Russia as the Ukraine war continues.
Leaders Romans Group buys another West London estate agency
LRG has made its first acquisition under new ownership, picking up four-branch London estate agency Northfields.
Foxtons confirms first profit in five years; opts to keep mortgage arm Alexander Hall
London estate agency Foxtons made an £8.9mn operating profit in 2021 - up from £1.9mn in 2020, and from a £700k loss in 2019.