Winkworth reports ‘a slower sales market but ongoing strength in lettings’ as profits slide
Estate agency's pre-tax profits have slumped by 24% compared to last year, while total revenues are down 5%.
Winkworth warns on profits as sales revenue drops 20%
"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.
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Strong lettings performance boosts Foxtons’ finances, as sales revenue falls
"I am encouraged by the early results achieved to date," says Foxtons boss Guy Gittins, as "operational improvements" bear fruit.
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Winkworth profits tumble from 2021’s ‘exceptional’ high
Estate agency network reports "very satisfactory" financial results for 2022 - "against a background that was at times challenging."
By PrimeResi
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