Property services firm reports year of strong growth

PROPERTY services firm LSL says revenue and underlying operating profit have grown in 2025, after a strong second half.

- TOM KEIGHLEY [e-mail]

> Property services firm LSL reported a successful 2025

The Newcastle-based group, which includes mortgage intermediaries, estate agency franchisees, and valuation services for lenders, issued pre-close trading update to investors on the London Stock Exchange.

It said group revenue is expected to be up about 6% to £183m while group underlying operating profit is expected to grow 15% with group underlying operating margin up to a record high of about 18%, compared with 16% in 2024.

Bosses described a “mixed market backdrop” but said 2026 had been so far positive with a tailwind from the second half of last year continuing into the new year. They had seen lower residential property transactions in London but highlighted limited exposure to that market.