Latest property news
Daily property news in the UK residential sector focused on estate and letting agency, property auctions and property managers.
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OnTheMarket to end mutual status and float on AIM
The parent company of OnTheMarket.com, Agents’ Mutual, is to raise £50m by floating on the Alternative Investment Market (AIM) of…
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Central London sales market turning a corner, claims LonRes
LonRes, the London property market fee sharing and data firm, says the capital’s central prime sales market is turning a…
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Hundreds of agents go back to ZPG
ZPG, owner of Zoopla and PrimeLocation, reports that over 800 estate agency branches have left Onthemarket (OTM) to re-join ZPG…
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Why Foxtons’ results are even worse than its competitors
Proptech consultant James Dearsley (pictured, below) says Foxtons’ results revealed recently in its half-year results has been created by the…
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Purplebricks shares drop by 6% following BBC investigation
Shares in hybrid estate agent Purplebricks dropped by nearly 6% following the BBC’s Your and Yours programme in which the…
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1500 new homes in Wantage
St. Modwen, a leading regeneration specialist, has signed an agreement for the delivery of the masterplan and infrastructure for a…
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Profits jump by 61% at LSL Property Services
Profits at corporate giant LSL Property Services jumped by 61% during the first six months of the year to £14.3m…
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Hackney introduces letting fees ban without waiting for government
The London Borough of Hackney has launched a voluntary letting fees ban ahead of the government’s ban expected next year.…
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Connells says sales market picking up as it reveals increased profits
Estate agency group Connells has revealed a ‘stable’ first six month of the year with revenue up by 4% and…
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Buyers seek the ‘country life’
New research shows that new build developers are drawing on nature and ‘country life’ for inspiration, as ‘Park’, ‘Green’ and…
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