Countrywide report good progress despite tough market conditions

November 25, 2016

Countrywide PLc released their trading update yesterday 24th November headlined ‘Good strategic progress in a challenging market’.

Commenting on the Group’s performance, Alison Platt, CEO said: “We have made good progress this year despite tough market conditions since the EU referendum, particularly pleasing is our growth in market share in both Sales and Lettings based on available market data up to July. In addition, these results in our Lettings, Mortgage and Professional Service businesses underline the importance of the breadth of the group and the focus we have placed on keeping the customers we win and continuing to serve them. In light of the chancellor’s announcement yesterday regarding letting agents’ fees, we look forward to working with the Government through this consultation process. The results of our digital sales pilot and the roll out of Fixflo in Lettings signal strong steps towards building our multi-channel network across the UK. Our work to ensure we have fewer, better brands and branches continues at pace.”

Read the Countrywide trading update in full click here

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