UK property professionals are facing a period of change as key executives depart and new faces emerge in the sector. Richard Twigg, a 30-year veteran of Connells, has left the estate agency group without a formal announcement. Twigg, who served as group finance and commercial director, had previously taken on the role of interim chief executive in 2023 following the departure of David Livesey. His reasons for leaving are unclear, but Connells reported strong financial results earlier this year, with group revenue rising 9% to £1.16bn in 2025.
The Hill Group has appointed Claire Studdart as its new head of affordable housing, a role that will see her lead the company's affordable housing strategy and oversee partnerships with registered providers. Studdart joins from Cala Group, where she managed affordable housing transactions across multiple regions. Her experience in the sector and strong industry relationships make her a valuable asset to The Hill Group, according to its founder and group chief executive, Andy Hill.
Knight Frank has also announced 129 promotions across its UK business, with immediate effect. The promotions include 18 to partner and 44 to associate, demonstrating the company's commitment to developing its people and providing opportunities for progression. William Beardmore-Gray, senior partner and group chair, congratulated those promoted, saying it is a privilege to recognise so many talented individuals.
The changes in the property sector may have implications for first-time buyers, landlords, and existing homeowners, particularly when it comes to affordable housing and market trends. With the UK housing market experiencing fluctuations, the departure of key executives and the emergence of new faces may signal a shift in the way companies approach property development and sales.
Connells' financial results for 2025 suggest a strong performance, but the company's decision not to publicly announce Twigg's departure raises questions about the future direction of the business. Meanwhile, The Hill Group's appointment of Studdart and Knight Frank's promotions demonstrate a commitment to developing talent and driving growth in the sector.