Reduction from 308 to 144 owned Your Move and Reeds Rains branches helps boost profits across LSL's overall agency network.

Stock in most of the leading estate agency groups and many house builders took a tumble yesterday as City jitters over Kier announcement spread.

LSL has revealed that the cull of more than half of its network of Your Move and Reeds Rains branches earlier this year helped drive down revenue at the two businesses by…

Parliamentary investigation is to hear from senior executives at LSL and Hunters next week.

Group now says the value of its shareholding in the hybrid agency is worth £7.4 million as it also announces profits down by 24% during 2018.

David Newnes and Nigel Favas have set up a new company to operate the offices as franchisees.

Company says that although half a dozen branches are closing, 11 enlarged 'keystone' branches are to be established.

Both Connells and LSL's financial services arms have committed to using Twenty7Tec's Mortgage Source and Apply systems this year.

As hundreds of Your Move and Reeds Rains staff face losing their jobs, hybrid agency says it has agreed deal with parent company to finance franchise offer.

Just days after announcing that it would close 43 offices across the UK as part of a wider network reduction, branches have already begun closing and staff laid off.