Estate Agency News
London’s super-prime lettings surge tails off as uber-tenants take another look at buying
After two years of strong growth, Knight Frank reports a fall in the number of super-prime tenancies agreed across the prime postcodes;
Diamond magnate’s Portland Place residence offered for £6.75m
In Pictures: Amazon Property's turn-key transformation of the former home of a DeBeers boss on Portland Place asks £6.75m.
Savills moves into Cyprus
Savills has signed a residential association agreement with Cypriot agency Elit Blue.
Guidance issued for agents on dual fees as disputes soar
'Disputes over dual fees have become an increasing cause for concern', says The Property Ombudsman, and the problem is 'reflecting poorly on the industry as a whole'
Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.
Winkworth has seen a 517% increase in female franchisee applicants since 2014
With 79% of the estate agency network still owned by men, Winkworth is championing some of its female franchisees for International Women's Day.
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.
PCL’s property sales slump ‘may reverse in coming months’
Knight Frank highlights the possibility of an imminent property sales surge in prime London, as pent-up demand continues to build.
LSL’s estate agency profits dive by 24% despite rising revenue
Property Plc writes down the value of its investment in hybrid estate agency Yopa by 60%.
Knight Frank boosts Private Office team with ‘significant’ hire
GWD co-founder Hugh Dixon joins agency's specialist global advisory service to focus on next generation wealth
Glam Park Lane pad overlooking Hyde Park offered to rent at £46k a month
In Pictures: The lavish former home of Hollywood legend Douglas Fairbank Jr is available to rent at £11,500 per week.
Property chiefs help cook up solutions to tackle youth homelessness
Head honchos from some of London's top property firms gathered last week to help raise funds and awareness for New Horizon Youth Centre, the capital’s leading day centre for homeless 16 to 21 year olds.