LSL Property Services, the parent company of Reeds Rains and Your Move, has reported a group underlying operating profit of £32.6 million for the year ending 2025, up from £27.8 million in 2024, according to its latest financial results.
The company recorded an underlying operating margin of 18%, which it described as a record, with group revenue increasing 6% to £182.9 million from £173.3 million in the previous year.
Geopolitical concerns
Adam Castleton, Group CEO at LSL, addressed the current macroeconomic environment in the company’s statement, noting: “The macroeconomic and geopolitical environment remains uncertain, with renewed concerns around inflation and interest rate expectations contributing to near-term uncertainty.”
“We have not seen any adverse impact on trading across the Group in recent weeks, with front-end metrics remaining stable,” Castleton said.
He added that 2025 had been “a year of strong delivery and building momentum for LSL,” with improved profitability across each division and strong cash generation alongside continued investment.
Recent acquisitions and contracts
In January, LSL announced its first Automated Valuation Model (AVM) contract through its surveying and valuation arm, E.surv. The company also acquired National Search Service (NSS), a Huddersfield-based property search firm, at the beginning of the year.
Castleton stated that “trading in 2026 has been in line with our expectations.”
The company describes itself as “the leading B2B platform for UK residential property services” and operates multiple brands in the estate agency and property services sector. The results indicate continued growth despite broader market uncertainties affecting the UK property sector.
