A newspaper claims that 1,228 estate agent branches closed on Britain’s High Streets last year.
The Mirror’s business editor, Graham Hiscott, says the fall is down to online agents taking some market share, the struggling housing market and rising costs.
The story, unusually, gives no source for the figures, although the Mirror says it’s part of a High Street Fightback campaign it is waging.
“Though 780 branches opened, the 3.8 per cent fall was a significant difference to the 2.5% drop in 2017. It means 4,870 estate agents shops have shut since 2015” claims the paper.
The newspaper goes on to mention Countrywide’s falling profits and Purplebricks’ fees - but fails to mention the recent branch closure programme announced by LSL’s Your Move and Reeds Rains, or high profile offices shut by the likes of Foxtons.
You can see the story here.