Archive

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

Property portal Rightmove has increased its key revenue target in a bullish set of results which shows it has not been...

Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...

Latest market data from LSL Property Services - which includes the Your Move and Reeds Rain brands - shows a 10...

The Property Franchise Group has reported a bumper half year of trading with revenue at £13.2m and pre-tax profits up 11...

Lettings income has saved the bacon of franchise agency Winkworth after a sales slump hit profits.  A trading statement from the agency...

The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

Increased lettings income proved a valuable balance to a declining sales market for The Property Franchise Group in the first half...

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

The directors of Winkworth are warning shareholders of a challenging period thanks to higher and faster-raising interest rates - with only...

OnTheMarket says the frantic lettings market of the past year or more is bad news for agents. In a trading statement to...

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

A trading statement from Belvoir reveals that the franchise giant is on the look out for “good quality complimentary acquisitions”. A strong...

Winkworth has told its shareholders that the weak figures posted for 2022 are actually in line with management expectations. The franchise giant...

Belvoir has released another set of upbeat financial figures marking 26 successive years of profit growth. Group revenue increased 14 per cent...

Foxtons’ latest trading statement suggests that it’s heavily reliant on lettings revenue as the sales market stutters and the whole company...

Rightmove says it’s helping to digitise the rental processes, making the process less fragmented and frustrating for agents.  In its trading statement...

Pre-tax profits for Connells Group have plummeted from £111.3m in 2021 to £67.5m last year - but its lettings division has...

The chief executive of Purplebricks, who eight weeks ago claimed to have “a plan to grow our lettings business”, is now...

Hybrid agency EweMove has expanded its brand presence into 189 territories across the UK according to its parent company, The Property...

Belvoir Group is continuing its long term success record but warns that the Liz Truss mini-Budget is still having a detrimental...

Two big-hitter agencies are slugging it out for lettings dominance in London, with both making announcements in a bid to cement...

A statement to shareholders by the Savills lettings and estate agency admits that it under-estimated how strong the high end prime...

Purplebricks has detailed the price it is paying for a lettings compliance blunder first spotted last year. It predicts that, at worst,...

Purplebricks is to reveal its latest trading figures next week in a crucial test for the turnaround strategy of new chief...

Lettings income for LSL Property Services increased two per cent in the past year - at just the time the company...

A short trading statement from Stock Market-listed London agency chain Winkworth shows just how vital the lettings sector is to its...

Famous London agency Foxtons has enjoyed a shares boost on the back of a 25 per cent spike in revenue in...

The Property Franchise Group - which includes a host of High Street brands - saw a rise in managed properties of...

Grainger, the UK’s largest landlord and a huge player in the Build To Rent sector, says it’s going to implement only...

Winkworth’s latest figures to shareholders show that sales revenues have slumped badly - but lettings have boomed for the moment at...

New trading figures from the Belvoir Group show that lettings income accounts for 60 per cent of the total revenue in...

Purplebricks has announced a new director of risk and compliance, following its lettings division’s high profile compliance error last year.  In Decvember...

The Property Franchise Group says it’s increased the size of its lettings portfolio by around 1,000 units over the past year...

Purplebricks has given its interpretation of how much its lettings sector compliance crisis has cost the company. Back in December the Daily...

Belvoir says that during the six months to the end of June income increased 11 per cent on the year before,...

The rise and rise of Rightmove continues apace. Figures for the first half of 2022 released at the start of the weekend...

Foxtons has revealed that it has a pipeline of what it calls “lettings portfolio targets” - lettings books which it wants...

The financial fall out from Purplebricks’ disastrous lettings compliance crisis is likely to be revealed next week. The troubled agency says it...

Foxtons is to advertise all of its lettings properties on OnTheMarket with immediate effect. The agency say it already “facilitates” 10 per...

Troubles at Purplebricks continue with an activist investor who has a four per cent share in the firm called on the...

OnTheMarket says its innovations with partnerships in the lettings sector have played a part in its successful growth. In the 12 months...

Grainger plc, the UK's largest listed residential landlord and a growing player in the Build To Rent sector, has delivered an...

Foxtons has reported to its shareholders that its lettings revenue in the first quarter of this year was a stunning 21...

Winkworth has told its shareholders that the rental market is to boom - a lot. “In lettings we anticipate that prices will...

The Property Franchise Group says that in the past year the number of managed properties it handles has risen from 58,000...

Celebrating 25 years of unbroken profits growth, Belvoir has revealed a massive annual hike in revenue for 2021. Group revenue increased by...

OnTheMarket’s deal with a PropTech firm to provide free tenant referencing has been extended indefinitely for agents who pay the portal...

The success of Foxtons’ lettings division has directly attributed to the London-focussed agency’s strong performance in the past year. A trading statement...

A commercial partnership between tenant referencing platform Canopy and property website OnTheMarket has involved an investment of some £350,000. The figure has...

Rightmove says added functionality for its tenant referencing portal is now being tested and will be rolled out later this year. In...

The Property Franchise Group now manages in excess of 74,000 rental properties on behalf of landlords, according to a new trading...

Lettings franchisees under the Belvoir banner delivered the group an additional 10 per cent management service fees last year according to...

Purplebricks has revealed that it will cost some £3.6m to correct compliance issues in its lettings division. The agency continues to stay...

The integration of the lettings division of London agency Douglas & Gordon into the lettings wing of Foxtons will happen next...

A generally upbeat trading statement from franchise agency giant Winkworth reports that prime London’s rental market’s long term return to normality...

The largest provider of purpose built student accommodation in the UK, Unite, has issued a trading statement giving the latest state...

Belvoir Group has given yet another upbeat trading report to shareholders. It says in the 10 months to the end of October...

A trading statement from franchise agency Winkworth has revealed that its network now derives 75 per cent of its revenue from...

One of the country’s largest commercial and retail landlords - Capital & Regional - is to expand is current programme of...

New data released by franchise agency Winkworth showed that the rental market so far this year has been divided between house...

Lettings income has played a major part in the upswing in income for the Belvoir Group, reported to shareholders in its...

Paragon Bank increased its focus on specialist buy to let lending during the first half of its financial year as its...

There’s been another upbeat trading statement from franchise giant the Belvoir Group. The company - which held its AGM yesterday - says...

One of the country’s largest lettings operations has outlined the challenges it faced during the Coronavirus crisis. LSL Property Services’ latest trading statement...

Franchise giants Belvoir has revealed strong figures in a trading statement to shareholders - but it’s warning that 2021 remains shrouded...

Winkworth says its London rental activities have suffered because of a lack of international travel, and students and young professionals returning to...

Rightmove has set out its innovation programme for the private rental sector. The portal has given over a substantial amount of its...

LSL Property Services has secured new banking arrangements with a £90m revolving credit facility in anticipation of what it calls “attractive...

A trading announcement by Belvoir reveals the company has seen another year of significant growth - its 24th on the trot. The...

An extremely upbeat trading statement from Stock Market-quoted agency Belvoir suggests business has been ahead of even its pre-Coronavirus expectations in...

One of the largest Build To Rent operators in the country is reporting that the pandemic has had relatively minor effects...

Foxtons has posted what many consider to be disappointing lettings figures for the third quarter of the year. The company’s lettings-related revenue...

Countrywide’s latest trading statement covering the first half of 2020 shows it was hit more than most corporates by the market...

It’s been a difficult first half of 2020 for almost every agency business but Belvoir appears to have emerged healthier than...

One of the country’s biggest lettings agencies is reporting that both revenue and operating profit are “comfortably” up on 2019 levels...

Hunters has reported a small increase in pre-tax profit in it full-year results despite the impact of the ban on tenant...

Franchise giant Belvoir says it’s helping its franchisees “reshaping their businesses” to cope with the Coronavirus crisis. In a trading statement showing...

Although the worst of the stock market bloodletting triggered by Coronavirus now appears to have gone, franchise agency group Belvoir has...

The Property Franchise Group, which has a string of major agency brands, has reported a strong performance in 2019 despite the...

The Property Franchise Group has issued an upbeat trading statement indicating that it’s mitigated much of the financial impact of the...

A PropTech platform devised by Build To Let specialist Grainger is to be used in a bid to differentiate the company from...

Franchise agency group Winkworth claims the lettings fee ban impact has been less severe on its agents than on other companies,...

Belvoir Group has this morning announced its interim results for the first six months of this year - and they show...

Belvoir has told its shareholders and the City that it enjoyed a strong first half of 2019 with its 300 High...

Foxtons has announced that it is officially freezing its fees to landlords. The move was previewed in Foxtons’ recent trading statement which...

A surge in the lettings market has helped Chestertons post its best half-year profit level for the past five years. The London-focussed...

A leading buy to let mortgage provider says the professional landlord with multiple properties is increasingly becoming the backbone of its...

Belvoir, the UK's largest property franchise, says its trading during the first quarter of this year suggests it’s outperforming its expectation...

One of the country’s largest networks of franchised lettings agents says the impact of the Fees Ban coming into effect in...

Belvoir Lettings has continued its solid growth with a trading statement revealing a 40 per cent rise in pre-tax profit and...

Another major franchise agency says its preparation work ahead of the June 1 tenants fees ban mean the impact of the...

Belvoir has this morning told shareholders that the effect of the Fees Ban coming into effect in June will be less...

The UK’s largest property franchise business, Belvoir Lettings, says it beat its own ambitious target for its franchisees’ Assisted Acquisitions programme...

Franchise giant Belvoir Lettings has told the City and the firm’s shareholders that revenues and profits have risen in the first...

OneSavings Bank, the parent organisation of specialist buy to let lender Kent Reliance, has given a warning on the possible impact...

Franchises giant Belvoir says there are over 10,000 potential acquisition targets which could be wanting a way out of the lettings...

Belvoir has reported a year of strong growth in 2017, with group revenue up 14 per cent and pre-tax profit soaring...