Agencies & People
News covering the businesses, activities, people and personalities in estate agency and letting agency and wider residential property industry.
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Profits nosedived at Connells after Truss Mini-Budget, latest results reveal
Company accounts for Connells, part of the Skipton Group, showed a pre-tax profit of £12 million in 2022 down from £21.4 million the year before.
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Savills launches ’emotional’ TV advert to attract upsizers and downsizers
Firm says its market segment continues to motor despite the current mortgage and economic woes hitting the wider property sector.
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Six Douglas Allen branches to close following business restructure
The agency says for East London they decided to create three super hubs that will cover the same area as they look to reduce costs but not headcount.
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Big agency launches ‘super branch’ in historic Midlands city
The Grade II listed Coventry building dates back to the early 19th Century and was once the home of the organist at the city's Cathedral.
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Agents still wary of jumping ship but belief in self-employed model soars to new high
Despite the buoyant outlook for the self-employed sector IAD UK’s Lee O’Brien says agents remain concerned about leaving the high street.
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Luxe estate agency launches second London branch with two more to come
UK Sotheby’s International Realty says its latest cold start has been spurred on by huge demand for prime property in the Capital.
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Winkworth reveals profits slump as sales market struggles
Franchise-based estate agency says sales and therefore revenues are being delayed by choppy housing market, although lettings performed well.
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Estate agency blames Truss fiscal fiasco for profits slump
Peter Alan, one of the largest agents in Wales, says the Mini Budget a year ago led to a sharp drop in profits.
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Spike in operating costs sees Spicerhaart report £5.5 million loss
Chairman Paul Smith says Group turnover was sustained at £139.3 million despite the marked change in macro-economic conditions.
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Dinner invite to estate agency seniors issued by leading industry duo
Baldock brothers are organising their latest central London dinner gathering for all comers who are owners or directors of agencies.
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