The hybrid estate agency model is ‘fundamentally flawed’, says Connells as it shuts down Hatched
'We have thoroughly tested the hybrid model and have reached the conclusion that it does not produce a viable economic result', says Connells chief David Plumtree
Broker-model London estate agency eyes national expansion with franchise roll-out
Harding Green's Nick Carter and Matthew Alexander plan to establish a network of franchised “partner offices” in prime towns and cities across the UK.
By PrimeResi
West Country estate agency on acquisition spree
Cooper and Tanner has made its second agency acquisition in as many months, acquiring Geoffrey Smith Ltd in Shepton Mallet and Midsomer Norton.
By PrimeResi
Ranked: Average estate agency fees around the world
The average sole agency fee for traditional estate agents in the UK has fallen 34% since 2011, according to research by TheAdvisory
By PrimeResi
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UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
By PrimeResi
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
By PrimeResi
Rhodium teams up with design platform Invisible Collection
Exclusive partnership will bring collectible design into Rhodium’s portfolio of ultra-luxury & branded residences.
LATEST ARTICLES
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
By PrimeResi
Property sales dip as buyers ‘adopt a wait & see strategy’
But Zoopla says the market 'remains on track for the most housing sales since 2022.'
By PrimeResi
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
By PrimeResi