Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
Winkworth Declares Interim Dividend Amid Resilient Lettings Performance
Winkworth has declared an interim dividend of 3.3p per share for the second quarter of 2026. The franchised estate agency group reported that first-half sales remained resilient, despite a more subdued trading environment in recent months.
The company stated that trading had become more uneven as political and economic uncertainty affected consumer confidence. However, sales activity in the first six months of 2026 broadly matched the strong start seen in 2025.
Winkworth also reported that its lettings business continued to perform well and had not been significantly affected by the introduction of the Renters’ Rights Act on 1 May 2026. This is particularly relevant for UK letting agents and inventory clerks monitoring the impact of new legislation on the sector.
During the first half of 2026, Winkworth opened four new offices and closed one, as part of its ongoing strategy to strengthen its franchise network by recruiting experienced operators.
The board said it expects revenue and pre-tax profit for the year ending 31 December 2026 to be in line with current market expectations. Excluding the disposal of its controlling interest in the Crystal Palace office, underlying revenue is expected to be slightly ahead of last year.
Source: Property Industry Eye