Update: Country growth over twice that of London
Winkworth saw sales up 20% gaining share especially in its increasing non-London (‘country’) network. It has exploited the leverage from rising house prices in the capital, and also invested in a country network to maximise its brand. H114 also saw an increasing financial services contribution and the roll out of a cross-referral department. We expect supply bottlenecks to ease in London creating some growth opportunities even as house prices stabilise there. We also expect Winkworth to continue to gain market share from its growing network outside London.
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