Archive

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

Branches may be closing but the number of estate agency businesses has increased by 2% across the UK over the past...

HSBC has announced a new round of branch closures but an estate agent suggests there may be a positive side for...

Hertfordshire agency Sewell & Gardner has cut the ribbon on a refurbished and extended office, which will incorporate two previously-separate branches...

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

Connells Group has announced a major recruitment drive as it looks to create 250 new agents' positions - and it’s launched...

Countrywide, which is thought to have closed over a fifth of its branches in recent years, has opened a new office...

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

An extensive culling of branches and staff continues apace at Countrywide as it significantly reduces the size of both its office...

Estate Agent Today can reveal that a string of Countrywide offices across the country have been closed in recent weeks - but...

At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large...

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

Six agency branches are being closed as a result of a partnership between franchise giant Belvoir and the Nottingham Building Society. Under...

The Andrew Grant regional estate agency brand is “very much alive” despite the firm which bore the name losing 54 jobs...

Midlands regional chain Andrew Grant, which last year closed some branches as it moved to a ‘hub’ structure, appears to have...

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

“A lot of people have learned that they can work at home, or that there’s other methods of conducting their business......

Let me start by wishing everyone well in these uncertain and precarious times. I truly hope you, your families, friends and...

There has been scepticism across the industry as to the motives behind an unspecified number of lay-offs and permanent branch closures...

While controversy swirls around the approach and motives of the sackings and branch closures at Spicerhaart, other agents are showing how...

A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...

LSL Property Services says the Coronavirus crisis has led to a softening of "lead sales indicators" - and it warns of...

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

It’s been revealed that the branch closure programme by Your Move and Reeds Rains last year resulted in 460 lost jobs...

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...

Here it is - the start of a new decade, a moment for resolutions and remembrance, and the last Bank Holiday...

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...

Connells has confirmed that it has closed two branches in Dorset in the south west of England, in addition to the...

Connells has confirmed that it’s closing one of its branches on Wednesday with some but not all staff being redeployed. And the...

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

Countrywide says it is constantly keeping its current branch structure under review, saying any responsible agency would have to consider the...

A trading statement this morning by LSL Property Services - owners of Reeds Rains, Your Move and Marsh & Parsons -...

Countrywide says London agency Greene & Co, acquired back in May 2015, will become ‘fully immersed’ into its Hamptons International brand...

In a previous Natter, I promised to talk more about CRMs – and here I stick to that promise. Following on from...

A comprehensive report into the changing complexion of the High Street suggests that some 143 estate agents’ offices closed in the...

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...

Countrywide has thrown its weight behind the proposals for a new single industry-wide regulator taking on the roles of Trading Standards...

Countrywide has told Estate Agent Today that it will not be releasing any figures on the branch closure programme it introduced...

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...

LSL Property Services, parent firm of Your Move and Reeds Rains, says the company’s branch closure programme was a success with profits...

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...

Who are you and what does it say on your business card? That depends on which business card. One says ‘Properganda PR,...

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...

Emoov and Countrywide: what a pair, observers might say. They present a tale of two failures - although, in the case of...

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever...

New figures released to Estate Agent Today show that a net total of 284 agents’ offices closed down in 2018. This number -...

Whether you love or hate it, Purplebricks has undoubtedly left its mark since arriving on the scene in 2015 – much...

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...

Local media in the east Midlands report that four estate agency offices operated by the Nottingham building society are to close...

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

Family-run Chelsea agency Russell Simpson is marking 40 years of business by expanding for the first time in its history, opening...

LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...

Foxtons has ruled out further branch closures as it continues to struggle against what it calls “the continued weakness” of the...

Formal consultations have started concerning the job losses and branch closures for Your Move and Reeds Rains, revealed yesterday by their...

A major restructuring of LSL Property Services has just been announced to shareholders, with substantial numbers of branch closures. The statement says...

A new property management firm claims that an average of nine estate agencies have gone bust each week since 2010.  Apropos -...

Yet another estate agency has announced that it’s shutting branches and opening a centralised hub. This time it’s Newman Property Experts, a...

The closure of Foxtons’ Park Lane office and five other branches in the capital are merely the start of things to come...

New figures from the British Independent Retailers Association suggest that there are now 135 fewer independent estate agency branches than at...

Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its...

Shocking figures from the Local Data Company, a consultancy monitoring the health of High Streets, show that 211 estate agency offices...

Another high profile estate agency office in London has closed - this time a branch of Winkworth.  The Richmond branch has been...

Foxtons says its use of technology allows it to increase the reach of its branches - and claims this is behind...

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and...

It will be 'business as usual' for Humberts following the announcement of its sale to Natural Retreats, says the agency's new...

The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...

Countrywide’s Group Operations Director Paul Creffield - one of three figures now at the top of the organisation - says he...

The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...

A partner at Carter Jonas says that the next 12 months could see stagnation in the market and as a result...

Sources within Countrywide say the latest senior management figure to leave the company is Sam Tyrer, who under her title of...

The industry magazine Estates Gazette is reporting that Cluttons, the residential and commercial agency, has been bought out of pre-pack administration...

Countrywide’s long-term share price decline and turbulent branch closure programme have not prevented a relatively positive endorsement of the group’s strategy and...

Countrywide’s share price closed slightly down again yesterday to finish trading at 176.0 after news emerged that the group was selling...

It’s a tale of two estate agencies - Britain’s biggest, seemingly in trouble, and the second biggest, winning a seal of...

Countrywide's regional director Martin Coombes has quit the company, having worked for it since the early 1990s. A statement to Estate Agent...

Countrywide’s share price started the week at below 200 for the first time - about 30 months after it was riding...

The former chief executive of Countrywide, Harry Hill, has tweeted that on a four mile walk encountering hundreds of estate agents’...

Estate Agent Today has received a list of around 60 Countrywide Group estate agency offices expected to close in the next...