COVID-19
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Covid: Profits slump by 54% at Savills’ UK residential operation
Figures would be worse but for 'an oustanding' performance at its lettings and build-to-rent division, and a sharp recovery in the country sales market.
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LSL blames 25% reduction in turnover on Covid, branch cull and fees ban
Results from the company for the first six months of the year reveal dramatically reduced turnover but modest increases in profits.
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HMRC targeting property industry over furlough fraud
Leading employment law firm warns estate agencies to come clean, or risk arrest, over staff who were furloughed but asked to carry on working during lockdown.
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Northern lockdown excludes house moves, Propertymark confirms
Agents have dodged another COVID bullet as trade association says government sources have confirmed housing market can continue in affected areas of Manchester, Lancashire and West Yorkshire.
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Surge in BTL investors looking to place new properties with agencies
Figures from letting-agent comparison site Rentround show 21% increase in landlord searches for agents.
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House price growth rebounds in July as activity bounces back after lockdown
Annual house price growth recovers to 1.5% in July, according to latest Nationwide house price index, with prices up 1.7% on June.
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Grandparents looking to move closer to their children post COVID-19 pandemic
Covid-19 lockdown has caused a major transformation in society as family connections become more important.
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Government advises estate agents on masks as they become mandatory in shops
Agents have been told masks do not have to be worn by branch staff unless there is a member of public inside, who must also be asked to wear a mask.
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Agents in smaller offices should wear masks, recommends leading trade body
As masks become mandatory in shops but not offices the Guild says if negotiators can't be separated by more than two metres, then coverings should be worn.
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Andrews reveals ‘surreal’ Covid experience of one instruction a month per branch
48-branch independent says its business is getting back to normal after a 90% reduction in sales instructions during the darkest days.
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