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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Is Countrywide now one of the biggest hybrid agents?
While there’s enormous interest in ‘online-only’ and hybrid agents such as Hatched and Purplebricks, a lesser-known online operation has been rolling out…
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2016 Countrywide results reveal £15.8m spent on branch closures, and profits down by 59%
Countrywide PLC has this morning revealed its results for 2016 following what Chairman Peter Long describes as a “difficult year”…
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Spring Budget 2017: stunned industry wonders where the property went
Chancellor of the Exchequer Philip Hammond delivered a Spring Budget 2017 totally devoid of any help for the UK’s struggling…
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Agent agrees to withdraw ‘knocking copy’ ad after ASA investigation
An agent in Andover, Hampshire has been investigated by the advertising watchdog the ASA for making competitor comparisons within a…
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Foxtons’ results: Profits drop by 54% in 2016
Foxtons’ results for 2016 reveal a tough year for the company with revenue, profits, margin and earning per share all…
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80% of smaller builders have disappeared since 1998, research shows.
The number of estate agents doing business in the UK has had its ups and downs over the years, but…
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Belvoir continues selling its HQ-owned branches to franchisees
Franchise agency network Belvoir has sold the latest of its HQ-owned offices following the announcement last year that it would try…
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LSL sells ZPG shares for £32.9 million to prop up its 2016 results
The UK’s second largest corporate LSL Property Services sold all its ZPG shares last year for £32.9 million to “protect…
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Heaton & Partners merges with Merlin Dormer
Heaton & Partners, a London and country property search agency, established four years ago, has announced its merger with prime…
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Rentr explains how its business works after industry “confusion”
App-based property management solution Rentr has issued a clarification about how it’s business works after “confusion” within the industry that it…
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