Franchise-based estate agency says sales and therefore revenues are being delayed by choppy housing market, although lettings performed well.
Read MoreNational estate agency’s first half sales slump by 20%
The upmarket part-franchise agency blames rising mortgage rates as it sees its sales fall in the first six months of the year.
Read MoreWinkworth CEO spends £100k as family strengthens grip further
Dominic Agace purchases shares worth more than £100,000, increasing his family's controlling interest in the franchise company.
Read MoreNew Head for newly launched New Homes
Winkworth is expanding its operations to focus on land and new homes opportunities across London...
Read MoreMajor agency boss takes aim at Labour over housing policies
Dominic Agace says Labour could worsen the housing crisis if it doesn't sort out the issues of supply and spiralling rents.
Read MoreWinkworth reveals weak results as it struggles to repeat post-Covid success
The company recorded 2022 revenue and pre-tax profits that were higher than 2019 figures, but down compared to the previous year.
Read MoreREACTION: Bank of England hikes interest rate for eleventh time in a row
With this week’s rise in inflation combined with a move by the US Federal Reserve to go ahead with a 0.25% rise, the BoE had few choices.
Read MoreREACTION: UK to avoid recession this year, claims Chancellor during Budget
The UK is expected to avoid a technical recession this year according to the Office for Budget Responsibility, Chancellor Jeremy Hunt told the House of Commons this afternoon.
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