Editor's note: This brief was summarised by The Property AI Newsroom from a report by Letting Agent Today. Read the original article for full details.
Lettings and Mortgages Support LSL Performance
Agency giant LSL says its lettings service, plus its diversification into mortgages and other services, have helped it weather a subdued sales market.
In its latest figures to shareholders, LSL — parent company of Reeds Rains and Your Move — reports group revenue increased 3% to £92.3m in the first half of 2026.
Lettings income and ancillary services such as mortgages have held up while the sales market remains subdued. The source report contains limited further detail, so no additional financial breakdown is included in this brief.
Source: Letting Agent Today