Hunter expects H1 performance to slightly top its expectations, but warns of challenges from tenant fee ban

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Sales lettings agency businesses Hunter said first-half year performance was expected to end 'slightly better' than management anticipated, but it also warned of some second-half challenges in the market due to the tenant fee ban.

'Our strong sales profile our exposure is expected to be less significant than predominately lettings-based businesses,' the company said.

'We believe that as the burden of regulation increases the demand from independent businesses to join our Network to take advantage of our portal discounts, technology, procurement and training and demonstrable record of improving revenue will prove even more compelling,' it added.

At 9:29am: (LON:HUNT) Hunters Property Plc share price was 0p at 43p