Winkworth Profits Expected to Fall Due to Legal Costs
UKPulse Property Desk
Estate agency franchise Winkworth has warned that its full-year 2026 profits will be materially lower than anticipated due to significant legal and advisory expenses.
- Winkworth expects full-year 2026 profits to be materially below market expectations.
- The company incurred £105,000 in legal costs in the first half of 2026.
- A further £376,000 in legal and advisory costs has been committed up to September 2026.
Estate agency franchise Winkworth has issued a warning that its full-year 2026 profits are expected to be materially reduced. This downturn is attributed to substantial legal and advisory costs.
The company reported £105,000 in legal expenses during the first half of 2026. An additional £376,000 in costs has been committed up to September, further impacting profit forecasts.