Estate agency group LSL has reported record underlying profit in 2021 as a booming housing market saw its revenues soar.
The Newcastle-based group, whose brands including Your Move and Reeds Rains, has released a trading update for 2021 which show that group revenue is expected to increase by around 23% to £327m.
The company said it was expecting to see record group underlying profit, leaving it with net cash of £48.5m at the end of the year.
