Ground laid for a comparatively strong second half performance says Hunters.

May 21, 2018

Hunters one of the UK’s largest franchised sales and lettings agency businesses, issued an AGM Statement and Trading Update for the first four months of the year, ahead of its Annual General Meeting held Friday 18th May 2018.

The Chairman, Kevin Hollinrake,  made the following statement:

“So far this year we have signed nine new Hunters branches and have opened three. The Group has a strong pipeline of agreed sales and has increased instructions in the four months to the end of April.  Excluding the effect of the acquisition of our Bristol chain, formerly known as Besley Hill, instructions are up by 5.4% against the same period last year, which should lay the ground for compa aratively strong second half performance.

“The first half year is expected to end slightly better than the Board anticipated giving us confidence in the full year outcome for the Group. The government has put forward proposals to regulate the industry and to ban certain tenant fees.  Given our strong sales profile our exposure is expected to be less significant than other lettings only based participants. Furthermore, we believe we will receive an increase in enquiries to join our Network to take advantage of our procurement and training, e-learning and support packages, which will prove invaluable in the new regulated environment and as we help good independent agents manage the transition.

“Finally, I am delighted to announce our Customer Service Rating this year has increased to 96% across both sales and lettings and we retain a healthy pipeline of parties looking to join the network. I look forward to updating you further as the year progresses.”

Read the Trading Update 18th May 2018 click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

The Future of Urban Real Estate: Trends and Predictions for 2026

Affordability pressures, hybrid work arrangements, and steep borrowing costs are heavy influences on urban real estate for 2026. We’re seeing an increase in mixed-use development and a renewed focus from investors on markets with a steady demand. Markets that can balance housing access, transportation, lifestyle amenities, and flexible workplaces will come out on top. Major…
Read More →
Estate Agent Talk

London’s prime residential market isn’t falling — it’s repricing

By Daniel Austin, CEO and co-founder at ASK Partners London’s prime residential market has looked subdued by global standards, but framing current conditions as a decline overlooks the more important underlying dynamic. The market is undergoing structural repricing driven by higher interest rates, shifting tax policy and a more volatile geopolitical environment. This is not…
Read More →
Breaking News

Foxtons Lettings Market Index – April 2026

Market activity strengthens with applicant demand recovering and supply remaining ahead of last year   After the implementation of the Renters’ Rights Act, April provides the final snapshot of market conditions ahead of implementation, offering a clear benchmark for how the sector is positioned entering this new regulatory environment. The lettings market strengthened through the…
Read More →
Breaking News

Five hidden costs catching home buyers out

FIVE hidden costs that’re catching home buyers out, AFTER they put their offer in, says expert • Buyers often focus on deposits and mortgages, but overlook thousands in extra costs • Delays, surveys and legal fees can quickly inflate budgets • Unexpected gaps in funding are becoming increasingly common A lot of home buyers think…
Read More →
Breaking News

Housing Insight Report: March 2026

Buyer activity and sales agreed picked up this month as the housing market entered the spring season, with increased stock levels giving consumers more choice despite ongoing affordability pressures. Meanwhile, the rental market remained highly competitive, as tenant demand continued to outstrip supply and concerns over future regulation weighed on landlord confidence. Sales 1. The…
Read More →
Breaking News

Renters’ Rights Act risks leaving the tenants it set out to protect with fewer options

Fewer than a third of landlords are fully aware that the Renters’ Rights Act bans advance rent payments of more than one month, according to new research from LRG. The survey of 650 landlords and tenants across England and Wales found that 43% know the rules have changed but remain uncertain of the details, while…
Read More →