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

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Estate Agent Talk

Latest ONS first-time buyer mortgage sales report – Thoughts from the Industry

Following on from the ONS report where it shows first-time buyer mortgage sales at the lowest level since 2013. Here are some thoughts from the Industry. Toby Leek, President of NAEA Propertymark: “Many first-time buyers are being priced out of cities, especially throughout London where they have grown up or have a desire to nest…
Read More →
Breaking News

First-time buyer mortgage sales at lowest level since 2013

Fewer first-time buyers in England’s most urban areas While the rate of first-time buyer mortgage sales has been falling in London, they have risen in more rural areas. On average, rural areas in England and Wales saw rates of first-time buyer mortgages rise by 9.7% between 2013 and 2023, while urban areas saw a 3.7%…
Read More →
Breaking News

First-time buyer mortgage sales fell across London in decade to 2023

First-time mortgage buyers bought homes further from the capital compared to 10 years earlier, ONS analysis of Financial Conduct Authority data show. Several London boroughs saw some of the largest falls in the rate of first-time buyer mortgage sales in the UK between 2013 and 2023. This is according to ONS analysis of data from…
Read More →
Breaking News

How to Apply for Waopelzumoz088: A Step-by-Step Guide

Applying for what is Waopelzumoz088 might seem overwhelming at first, but don’t worry! This guide will break everything down into simple, easy-to-follow steps so you can complete the process smoothly and without stress. Whether you’re new to it or just need some extra help, we’ve got you covered. What is Waopelzumoz088? Before jumping into the…
Read More →
Letting Agent Talk

Creating a Comfortable Work Environment: The Best Air Conditioning Solutions for Your Employees

As a business owner, you know that providing a comfortable working environment is crucial for both employee well-being and productivity. One of the most effective ways to enhance the comfort of your workplace is by ensuring that the temperature is regulated. Air conditioning plays a significant role in this, especially during the warmer months when…
Read More →
Breaking News

First-time buyer purchases up 59% in race to complete ahead of stamp duty deadline

Missing stamp duty deadline to cost homebuyers £6,512 as mortgage demand surges in race for completion  Spending on mortgages and rent grew by 7.7.% in February, up 5.7 percentage points from January, according to the latest Barclays Property Insights report. The report has also discovered that homebuyers could be faced with additional costs of £6,512…
Read More →