LSL Property Services says instructions and mortgage applications last month were about 20 per cent higher year on yearAn estate agency group has reported “extremely encouraging” trading in July after a sharp drop in revenue during the first half of the year. LSL Property Services, the listed group behind brands including Marsh & Parsons, Your Move and Reeds Rains, said that instructions and mortgage applications last month were about 20 per cent higher than they had been in the same period last year. Net sales and instructions in July were the highest they had been in 2020. LSL was formed in 2004, after the management buyout of Your Move and Esurv Chartered Surveyors from Aviva. It was listed in 2006 and has a market capitalisation of £217 million.

Source: The Times August 06, 2020 05:03 UTC