LSL has revealed that it’s aborted attempt to merge with Countrywide last year cost the company £2.4 million in legal and other costs. The figure, which wasn’t revealed in earlier information published…
Read MoreLSL 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.
Read MoreTotal cost of property industry furlough schemes revealed – £600m
Figures from HMRC published recently reveal the shocking number of jobs and companies helped by the scheme in the UK, and within the sector.
Read MoreYour Move parent group LSL says 43% of furloughed have returned to work
UK's fourth largest estate agency which also includes Reeds Rains and Marsh & Parsons, also says it made a profit during lockdown.
Read MoreBreaking: Your Move parent company LSL reveals CEO stepped down yesterday
Ian Crabb is to leave the role with immediate effect and is being replaced by a non-exec director on the company's board, David Stewart.
Read MoreBREAKING: Coronavirus puts all major house prices indices in doubt
Rightmove, Nationwide, Halifax, LSL and many others tell The Negotiator they are suspending or reviewing their house price index operations until the market revives.
Read More‘We can survive the Coronavirus crisis’ claim three key estate agencies
LSL, Belvoir and Hunters have revealed how ready they are to survive the crisis and how difficult it is to plan when a return to normality is not in sight.
Read MoreDouble disaster! Countrywide COO in waiting decides not to take up job
Just a few days after LSL decided not to make an offer on the company, Countrywide soon to be new Chief Operating Officer decides not to join.
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