Winkworth update: Political and economic uncertainty weigh on market confidence

Winkworth has delivered a half-year stockmarket update on how it is performing in the current housing market.

Dominic Agace-Winkworth

Winkworth is confident that its revenue and pre-tax profits will remain in line with market expectations this year despite admitting that recent months have been “uneven.”

A trading update from the agency franchise brand this morning said that after a positive start to 2026, recent months trading has been more uneven as “a backdrop of political and economic uncertainty has weighed on confidence.”

Winkworth said sales in the first half of 2026 remained resilient, closely tracking the strong start achieved in 2025.

Renters’ Rights Act

At the same time, lettings held up well and have not been “unduly impacted” by the Renters’ Rights Act.

The update said: “In the first half of the year, the company opened four new offices and closed one. We continue to focus on bringing talented operators into our network to improve our performance under all market conditions.”

Excluding the impact of the disposal of the company’s controlling interest in the Crystal Palace office, Winkworth said revenues are expected to be slightly ahead of the prior year on an underlying basis.

The company also announced that it will pay an interim dividend of 3.3p per ordinary share for the second quarter of 2026 to shareholders.

Winkworth’s shares opened at 181p this morning.


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