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KEYWORD "Trading Statement" - 78 RESULTS
Lettings income saves the day for franchise agency brands

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

05 August 2022

From: Breaking News

Purplebricks reveals cost of lettings error and slams poor marketing

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

02 August 2022

From: Breaking News

Lettings income keeps rental industry giant on growth path

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

02 August 2022

From: Breaking News

Rightmove can easily withstand higher costs - even if agents cant…

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

01 August 2022

From: Breaking News

Foxtons draws up shortlist of rival agencies it wants to buy

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

29 July 2022

From: Breaking News

Purplebricks lettings division losses to be revealed next week

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

26 July 2022

From: Breaking News

Foxtons selects new portal for advertising lettings properties

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

19 July 2022

From: Breaking News

Trouble for Purplebricks as activist investor speaks out

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

12 July 2022

From: Breaking News

OnTheMarket success includes lettings innovations - claim

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

15 June 2022

From: Breaking News

Build To Rent’s vast profits potential shown in stock market figures

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

13 May 2022

From: Breaking News

Why Foxtons lettings performance is not what it seems

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

22 April 2022

From: Breaking News

Rents set to rise big time in 2022, suggests franchise agency

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

13 April 2022

From: Breaking News

Agency giant announces huge jump in managed properties

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

06 April 2022

From: Breaking News

Massive growth in lettings income for rentals giant

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

05 April 2022

From: Breaking News

OnTheMarket extends free tenant referencing for some agents

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

04 March 2022

From: Breaking News

Lettings success helps Foxtons to upbeat trading performance

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

03 March 2022

From: Breaking News

OnTheMarket reveals it’s put £350,000 into lettings PropTech firm

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

01 March 2022

From: Breaking News

Rightmove pledge to upgrade tenant referencing for agents

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

28 February 2022

From: Breaking News

Massive rise on managed properties for agency group

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

02 February 2022

From: Breaking News

Franchise group delivers 10% boost from lettings services

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

01 February 2022

From: Breaking News

Purplebricks lettings error will cost millions to fix

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

31 January 2022

From: Breaking News

London letting agencies to integrate formally in February

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

28 January 2022

From: Breaking News

London rental market strong but growth depends on easier travel

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

13 January 2022

From: Breaking News

Student accommodation giant reveals figures on Covid recovery

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

12 January 2022

From: Breaking News

Another upbeat trading report from franchise giant   

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

03 December 2021

From: Breaking News

Lettings now account for 75% of Winkworth revenue

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

12 November 2021

From: Breaking News

New rental homes to replace some existing shopping centres

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

10 September 2021

From: Breaking News

Country lettings market much stronger than London, admits agency

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

09 September 2021

From: Breaking News

Lettings income boost for agency network, with more to come

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

04 August 2021

From: Breaking News

Boom time for rental sector is good news for buy to let lender

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

09 June 2021

From: Breaking News

Rental market to remain busy throughout 2021 predicts leading agency

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

28 May 2021

From: Breaking News

Covid issues hit leading agency group’s lettings revenue

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

29 April 2021

From: Breaking News

Agency warns of Covid uncertainty despite its own strong performance

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

13 April 2021

From: Breaking News

Central London lettings revenue plummets up to 20% admits agency

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

09 April 2021

From: Breaking News

Rightmove sets out rental sector innovation programme

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

01 March 2021

From: Breaking News

Agency secures new £90m banking facility as expansion looms

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

25 February 2021

From: Breaking News

Franchise agency wars: Belvoir gets one over its rivals on key day

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

29 January 2021

From: Breaking News

Agency network sees business storm back and repays furlough money

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

03 December 2020

From: Breaking News

Rent collection 97% and occupancy 95% says Build To Rent giant

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

23 November 2020

From: Breaking News

Foxtons reports poor lettings figures despite sales market boost

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

30 October 2020

From: Breaking News

Countrywide rentals division suffers almost one third drop in lets

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

23 October 2020

From: Breaking News

Agency group bats away virus and reports strong first half of 2020

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

08 September 2020

From: Breaking News

It can be done! Agency business well up on 2019 despite virus crisis

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

31 July 2020

From: Breaking News

Tenant fees ban fails to dent franchise empire’s profits

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

27 May 2020

From: Breaking News

Belvoir franchisees being helped to “reshape their businesses”

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

31 March 2020

From: Breaking News

Shares in top lettings agency plummet 50% in one month

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

24 March 2020

From: Breaking News

‘We beat the fees ban’ - franchisees see revenue growth

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

29 January 2020

From: Breaking News

Franchise group hikes charges to landlords by 10% because of fees ban

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

21 November 2019

From: Breaking News

PropTech used by Build To Rent specialist to differentiate from rivals

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

01 October 2019

From: Breaking News

Agency to survive the Fees Ban ‘as we charge less than our rivals’

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

12 September 2019

From: Breaking News

Fees Ban not hurting Belvoir yet as franchise giant records strong growth

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

03 September 2019

From: Breaking News

Belvoir beating the fees ban with lettings income up five per cent

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

06 August 2019

From: Breaking News

Fees Ban: Foxtons claims to have frozen fees to landlords

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

31 July 2019

From: Breaking News

Lettings helps London agency boost part-year profits to five-year high

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

25 July 2019

From: Breaking News

Professional portfolio landlords take larger chunk of buy to let market - lender

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

23 May 2019

From: Breaking News

£2m of new acquisition deals to come, says franchise giant Belvoir

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

17 May 2019

From: Breaking News

Fees Ban - ‘impact to be less than expected’ admits major agency

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

05 April 2019

From: Breaking News

Huge surge in profits and revenue for Belvoir Lettings

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

03 April 2019

From: Breaking News

Fees Ban: another agency says impact will be less than feared

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

06 February 2019

From: Breaking News

Franchise giant Belvoir says fees ban effect will be 'less than expected'

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

31 January 2019

From: Breaking News

Shock warning to industry: ’A fifth of agents will go by end of 2020’

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

11 January 2019

From: Breaking News

Franchise giant's success makes it number two in lettings to Countrywide

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

12 September 2018

From: Breaking News

Buy to let lender warns over Brexit's impact on housing market

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

29 August 2018

From: Breaking News

Up to 10,000 agents could quit because of regulation - claim

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

11 April 2018

From: Breaking News

Belvoir anticipates consolidation as firm reports profits leap

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

10 April 2018

From: Breaking News

Government's rental sector taxes blamed for curbing house building totals

A lettings trade body says a major house builder has blamed, in part, recent tax increases on private landlords as a...

19 March 2018

From: Breaking News

Belvoir keen to snap up agencies selling-up after fees ban

Belvoir has told its shareholders that it aims to acquire agencies that exit the lettings sector when the ban on fees...

08 February 2018

From: Breaking News

Belvoir says latest acquisitions take it over 57,000 lettings units

Belvoir has told shareholders and the City that it now has 57,637 lettings units under management following the addition of 1,310...

01 September 2017

From: Breaking News

Buy to let in trouble? Not according to this trading statement...

Mortgage Advice Bureau increased revenue by 15 per cent to £49m in the first half of 2017, and reports that the...

26 July 2017

From: Breaking News

Buy to let sector still strong according to major specialist lender

The Paragon Group of Companies has reported that its new buy to let lending totalled £556.2m for the six months to the end...

24 May 2017

From: Breaking News

Tax changes not hitting buy to let significantly, says agency chief

The head of MartinCo, the country’s largest franchise agency group, says the government’s buy to let tax changes and lettings fee...

03 February 2017

From: Breaking News

Profits like these show why big investors drawn to Build To Rent

Financial results from Grainger, which is already the UK’s largest listed residential landlord, reveals the potential profits to be made by...

02 December 2016

From: Breaking News

Major agency pledges to open 50 to 60 new lettings branches this year

Connells says there is still substantial room for additional agencies in the private lettings sector and that it intends to add...

25 February 2016

From: Breaking News

Build To Rent is coming - £1.4 billion in investment this week alone

The UK’s new Build To Rent initiative, where institutions fund and manage purpose-built rental accommodation, has received £1.45 billion in investment...

29 January 2016

From: Breaking News

Second huge Build To Rent deal in two days - now Grainger commits £850m

The UK’s new Build To Rent initiative, where institutions fund and manage purpose-built rental accommodation, has received its second big investment...

28 January 2016

From: Breaking News

Buy to let boom as mortgage firm reveals 80% surge in business

Paragon Mortgages, one of the buy to let sector’s biggest and best-known lenders, says its buy to let lending in the...

28 January 2016

From: Breaking News

Video round-up 31.07.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Rightmove's half...

31 July 2015

From: Video Articles

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