Estate Agency News
Winkworth bucks the trend to make dividend payments
Estate agency's Q1 shareholder payout will be lower than last year, "reflecting the element of caution required as a result of the Covid-19 crisis".
Prime London markets set for 25% fewer new tenancies this year, but rental values are unlikely to change
New and newly-refurbished rental properties are faring better in the lockdown lettings market, says Knight Frank.
Zoopla extends Coronavirus freebie offer to five months
Property portal confirms a two-month extension to its free usage period for agents affected by the Covid-19 lockdown.
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.
Country markets & property management bolster Winkworth’s business
Estate agency network Winkworth managed "another good set of results against testing market conditions" last year, but warns that "it is too early to predict what the full effect" of the Covid-19 crisis…
Rightmove upgrades virtual viewing features
Property portal fast-tracks video and virtual tour upgrades in response to demand from agents during the Coronavirus lockdown.
Sales folk call for commission to be included in furlough pay scheme
A petition calling for commission to be included in the Government's Coronavirus Job Retention Scheme has gained significant traction.
Andrew Hay on market crises, the importance of passion, & handing over the reins at Knight Frank
Lord Andrew Hay has retired from Knight Frank after nearly 40 years.
Savills cancels dividend & postpones AGM
Savills has cancelled its next dividend payout "in order to retain sufficient cash reserves to mitigate the effect" of the Coronavirus crisis.
How Dexters has responded to the Coronavirus lockdown
London's biggest independently-owned estate agency, Dexters, faced criticism for keeping some staff in branches on the first day of the Covid-19 lockdown last week.
Official guidance on moving home during the Covid-19 lockdown
UPDATED: "Home buyers and renters should, as far as possible, delay moving to a new house" says the Government. But moves are still possible and happening.
Estate agents get business rates holiday for a year
Left out of the original Coronavirus Business Rates exemption scheme, the Government has now confirmed that estate agents with rateable properties will not have to pay any Business Rates for a year from…