Editor's note: This brief was summarised by The Property AI Newsroom from a report by The Negotiator. Read the original article for full details.
Winkworth Reports Uneven Trading Amid Political and Economic Uncertainty
Winkworth has stated that it expects its revenue and pre-tax profits for 2026 to remain in line with market expectations, despite describing recent trading as "uneven." The agency franchise brand cited a backdrop of political and economic uncertainty as weighing on market confidence in recent months.
According to a trading update released this morning, Winkworth reported that sales in the first half of 2026 have remained resilient, closely tracking the strong start achieved in 2025. The company also noted that its lettings business has held up well and has not been "unduly impacted" by the Renters’ Rights Act.
In the first half of the year, Winkworth opened four new offices and closed one. The company stated that it continues to focus on bringing talented operators into its network to improve performance under all market conditions.
Excluding the impact of the disposal of its controlling interest in the Crystal Palace office, Winkworth said that revenues are expected to be slightly ahead of the prior year on an underlying basis. The company also announced an interim dividend of 3.3p per ordinary share for the second quarter of 2026. Winkworth’s shares opened at 181p this morning.
These updates may be of interest to UK letting agents and inventory clerks monitoring market trends, office openings, and the effects of recent legislation on lettings activity.
Source: The Negotiator