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KEYWORD "Losses" - 86 RESULTS
OnTheMarket AGM today expected to hear latest conversion figures

Shareholders at today’s annual general meeting of OnTheMarket will hear the latest conversion figures showing how many agents on free or...

16 July 2019

From: Breaking News

130 jobs at risk as agency and auction firm appoints administrators

It’s been reported that a Cheshire estate agent and auction house has gone into administration putting 130 jobs at risk. Around 40...

27 June 2019

From: Breaking News

OnTheMarket converts just 1,000 branches from free to paid deals

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

13 June 2019

From: Breaking News

There’s never been a better time for property to rise above politics

Four years ago, as we approached the general election, Andrews Property Group held a roundtable debateon the impact the election might have...

08 June 2019

From: Features

Estate agencies top league table of shop closures across Britain

New figures released to Estate Agent Today show that a net total of 284 agents’ offices closed down in 2018. This number -...

29 May 2019

From: Breaking News

Time On Market soars in England and Wales according to listings website

The average time on the market for a property is soaring across the UK thanks to Brexit uncertainty, according to the...

16 May 2019

From: Breaking News

New blow for Purplebricks as another bank slashes share forecast

Another bank has slashed its forecast for Purplebricks, citing concerns over its the long-term viability of its international activities in particular. As...

03 May 2019

From: Breaking News

Countrywide: another day, another record low share price

Countrywide’s share price woes continued yesterday with another new low being reached in early morning trading. A low of 6.5p at close...

02 May 2019

From: Breaking News

Explained - the future of tenant referencing after the fees ban

Low risk letting is everyone’s aim, but unless legitimate guidelines are followed it’s difficult to know if a tenant will prove...

17 April 2019

From: Features

Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Property Jobs Today - all the latest industry moves...

Hello and welcome to the regular Monday edition of Property Jobs Today. Everyone here contacted us on press@estateagenttoday.co.uk to espresso the word;...

25 March 2019

From: Breaking News

DPS adjudication case study: landlords claiming re-protection deposits

The Deposit Protection Service (The DPS) keeps deposit money safe for letting agents, landlords and renters during the course a tenancy....

23 March 2019

From: Features

Foxtons rules out new branch closures but suffers huge fall in transactions

Foxtons has ruled out further branch closures as it continues to struggle against what it calls “the continued weakness” of the...

28 February 2019

From: Breaking News

Emoov’s losses: agency founder Quirk complains to Mail on Sunday

The former chief executive of online agency Emoov has complained to the Mail on Sunday about an article concerning the firm’s...

25 February 2019

From: Breaking News

Emoov former boss disputes Mail on Sunday claim about agency's debts

Online estate agent Emoov failed to tell crowdfunding investors it was losing £3m a month before its collapse, a Sunday paper claims. The...

24 February 2019

From: Breaking News

Online agencies: the final curtain call?

It’s been a theatrical week in Westminster with talk of defections and duplicity worthy of Shakespeare. Yet the estate agency world has...

23 February 2019

From: Features

More market woe: website says prices falling across England and Wales

A new survey claims the market is at its worst for eight years. The latest market snapshot from property platform Home says...

19 February 2019

From: Breaking News

Property Jobs Today - your one-stop-shop for the industry's jobs news

Hello and welcome to this week’s PJT, your regular catch-up on key appointments news in our industry. It’s been a difficult seven...

11 February 2019

From: Breaking News

Your Move insists “No breach of data” after documents taken from branch

The beleaguered Your Move estate agency insists there was no breach of customer privacy after an ex-employee reportedly took confidential data...

07 February 2019

From: Breaking News

Consultations start on ‘500’ Your Move and Reeds Rains jobs at risk

Formal consultations have started concerning the job losses and branch closures for Your Move and Reeds Rains, revealed yesterday by their...

06 February 2019

From: Breaking News

More market woe: four regions now showing year-on-year price falls

Another housing market snapshot is showing a pessimistic start to 2019 as the property platform Home reports that four regions of...

18 January 2019

From: Breaking News

Online love-in: Purplebricks founder heaps praise on Emoov boss Quirk

Kenny Bruce, one of the founders of sector-leading online agency Purplebricks, has sent his good wishes to Russell Quirk, who founded...

15 January 2019

From: Breaking News

Property Natter – A to Z of the property market for 2018

Another year is nearly done – and what an eventful year it’s been. We’ve had more than our fair share of breaking...

22 December 2018

From: Features

Purplebricks shares sink and Emoov dies: game over for online agencies?

Has the bell finally tolled for online agencies? Emoov’s collapse and an investor revolt over crowdfunding have left a large question...

14 December 2018

From: Breaking News

Purplebricks: huge revenue growth plus £100m for “relentless innovation”

Purplebricks says it has £100m net cash to exercise “relentless innovation” and benefit from an industry shake-out that will ”expose undercapitalised traditional...

13 December 2018

From: Breaking News

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

Emoov debacle ‘could mean the end of upfront fees’ says online agent

Purplebricks is understood to be pondering the best way to assist victims of the collapse of Emoov without committing money for...

06 December 2018

From: Breaking News

Flips Flop: ‘Some new flats sold on for 25% below reservation prices’

Property analysts say ‘flippers’ - those who buy new homes and sell them quickly, hopefully for a profit - are losing...

06 December 2018

From: Breaking News

Emoov was never going to find a buyer, says leading agency analyst

The demise of Emoov, Tepilo and lettings platform Urban raises question marks over the long-term viability of online agencies according to...

04 December 2018

From: Breaking News

Emoov lining up administrators - report

Sky News says the online estate agency Emoov is preparing to call in administrators in a last-ditch attempt to salvage its...

29 November 2018

From: Breaking News

Reservation agreements back on the agenda thanks to former agent

A new company is claiming to reduce chain collapses during sales by creating a lockout agreement, also known as a reservation agreement. Property...

06 November 2018

From: Breaking News

Top tips - how to make your letting agency more efficient

For any business, regardless of size, age or industry, operating efficiently is fundamental to your success. When faced with challenges like we...

31 October 2018

From: Features

Ridiculous moving day delays hit almost one-in-five buyers - claim

Just under one in five buyers in the past two years have suffered moving day delays, either because funds have been...

16 October 2018

From: Breaking News

Read all about it: Property supplement publisher up for sale

Johnston Press, the company which owns the i national newspaper and some 200 local titles - many with property supplements carrying...

12 October 2018

From: Breaking News

OnTheMarket figures reveal staff growth and 'New & Exclusive' emphasis

OnTheMarket’s trading figures for the six months to the end of July show, as predicted, losses while the company is building...

11 October 2018

From: Breaking News

Property fraud: insurance firm offers cover, as police seek help on new case

An insurance company is launching a policy which it says will protect consumers with comprehensive cover in the event of a...

04 October 2018

From: Breaking News

Emoov's 'final' crowdfunding tops £1.5m with two weeks left to run

Emoov’s latest crowdfunding campaign has now gone well over £1.5m, making it already 50 per cent over-funded already from its original...

18 July 2018

From: Breaking News

Give Purplebricks more credit, says analyst rejecting criticism of agency

One of the top PropTech analysts in the world, Mike DelPrete, says Purplebricks deserves more credit for its performance in the...

17 July 2018

From: Breaking News

New twist in row over agent refusing to delete claims about Purplebricks

There’s a new twist in the row between a Cornish agent and the Advertising Standards Authority. The row revolves around a tweet...

16 July 2018

From: Breaking News

All 22 estate agency jobs saved as firm is rescued from administration

Rowcliffes, the Derbyshire estate agency, has been sold out of administration with all 22 agency jobs being saved. A statement from the...

09 July 2018

From: Breaking News

Purplebricks the largest UK estate agency: 'So what?' says stock market

The stock market and at least one City analyst have shrugged their shoulders at the claim by Purplebricks that it is...

06 July 2018

From: Breaking News

Purplebricks: UK revenue up 81%, 630 LPEs and 74% of online share

  Purplebricks says it enjoyed an 81 per cent growth in revenue in the UK the year to the end of April and...

05 July 2018

From: Breaking News

Analyst predicts Purplebricks will report increased losses this week

Purplebricks is reported to be set to reveal increasing losses when it issues its full-year financial results to the London Stock...

03 July 2018

From: Breaking News

July - it might just be the industry’s busiest month of the year

So here’s the thing. It’s summer - not much going on, school holidays about to start, industry publications filling out space...

30 June 2018

From: Features

'Bigger Countrywide losses to come' warns broker advising investors to sell

One of Countrywide’s former allies in the City broker community - independent corporate advisor Numis - has downgraded the troubled agency...

27 June 2018

From: Breaking News

OnTheMarket reveals financial losses but fast-growing agents and traffic

OnTheMarket’s first formal annual figures released since its flotation reveal losses in what it describes as its “transformational year” but also...

07 June 2018

From: Breaking News

PropTech Today: What’s the true value of an estate agent in the world of tech?

Is there really any true value to an estate agent in our current climate? Will there be a role for traditional agents...

06 June 2018

From: Breaking News

Century 21 UK slashes franchise price from £23,500 to £1,000

Century 21 UK is slashing the cost of becoming a franchisee for a six week period, cutting the price from £23,500...

18 May 2018

From: Breaking News

PropTech Today: Is AI set to transform the world of property?

Last week, a story was published by CNBC about a couple who sold their home, for above the asking price, without...

28 March 2018

From: Breaking News

OTM shares - Bumpy ride or on the slide?

As noted in Estate Agent Today’s news pages, OnTheMarket’s (OTM) recent dire share performance (at time of writing the price is...

27 March 2018

From: Features

Share price bounce reverses OnTheMarket’s post-float losses

OnTheMarket’s share price starts the week at almost exactly the same level as it was floated after a significant bounce-back on...

19 February 2018

From: Breaking News

Property Natter – Q & A with Isobel Thomson, NALS

This week I carry out a question and answer session with one of the most high-profile names in property. Isobel Thomson has...

10 February 2018

From: Features

Property Franchise Group upbeat after reversing most EweMove losses

The Property Franchise Group’s trading statement this morning reveals a huge 23 per cent rise in revenue for 2017 - £10.2m...

31 January 2018

From: Breaking News

Platt will receive £675,000 pay-off despite Countrywide failure

The magazine Property Week is reporting that Countrywide’s former chief executive Alison Platt, who quit her post this morning, will receive...

24 January 2018

From: Breaking News

Cash burn could be worry for Purplebricks, claims investment website

The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability. Investment writer...

11 January 2018

From: Breaking News

Five things that didn’t happen in 2017

It’s traditional before Christmas to either review the year past or anticipate the one ahead - but I’m intrigued about what...

16 December 2017

From: Features

'Stamp duty is UK's worst tax - scrap it to help housing market'

Stamp duty on property sales is gumming up the housing market, stopping people from moving to the jobs they need, and...

31 October 2017

From: Breaking News

Purplebricks' shares stabilise as NAEA stays distinctly non-committal

The share price of beleaguered hybrid agency Purplebricks has recovered some of the ground it lost earlier in the week after...

04 August 2017

From: Breaking News

Brexit pushing up prices of materials, warns builders' chief

A third of small building firms say that soaring material prices are squeezing their margins and almost a quarter have had...

04 August 2017

From: Breaking News

Purplebricks told to slow growth and get its house in order by City analyst

After a roller-coaster day on the Stock Exchange yesterday, Purplebricks has sought to defend itself against further possible share price losses...

03 August 2017

From: Breaking News

Agents' Mutual revenue static but company claims good progress

The accounts for Agents’ Mutual, parent company of the OnTheMarket portal, show that revenue for the year ending January 31 was...

01 August 2017

From: Breaking News

Portal Wars resume as Agents' Mutual says it's going after the money

Agents’ Mutual says it will be seeking to recover costs and compensation for losses incurred after what is widely seen as...

06 July 2017

From: Breaking News

Purplebricks sells 83 per cent of the homes it lists, agency chief says

The chief executive of Purplebricks, often criticised by detractors for failing to reveal completion rates as opposed to listings, says his...

03 July 2017

From: Breaking News

Forget stamp duty reform - There’s a new tax on the horizon

When it comes to provoking anger in property professionals, taxation takes some beating. Press releases are still arriving berating the December...

01 July 2017

From: Features

Purplebricks: nothing divides estate agency more than this

Few things provoke argument within the industry more than the online v traditional agency debate - and within that debate, nothing...

30 June 2017

From: Breaking News

'easyProperty spends £12k per listing, Purplebricks only £1k' - claim

An analysis by a leading PropTech entrepreneur has attempted to throw light on the startling losses reported last week by online...

05 April 2017

From: Breaking News

James Dearsley: Carrying PropTech forward with visual stimulation

This week, it would be very easy for me to focus on the startling figures that easyProperty logged with Companies House...

05 April 2017

From: Breaking News

Investors 'have full confidence in easyProperty' says company CEO

The chief executive of online easyProperty says the company’s investors “have full confidence” in the firm despite it announcing an operating...

03 April 2017

From: Breaking News

easyProperty group may seek extra funding after £11m operating loss

Figures lodged at Companies House by online agency easyProperty suggest parent company EProp Services will seek additional funding this year. A strategic...

31 March 2017

From: Breaking News

Read all about it: Will agents continue to advertise in print?

I had a very interesting chat with the man behind a new portal the other day. He was John Dixon, the portal...

04 March 2017

From: Features

What we learnt about the Government post-White Paper

If you work in lettings, I’ll already have a pretty good idea on how you feel about the current Conservative Government.  The...

11 February 2017

From: Features

It’s time to look North for lettings income

If you provide a service, you expect to be paid for it. Sound fair? But with the forthcoming ban on tenant...

07 January 2017

From: Features

Purplebricks now in profit and gets £1,000 per instruction

Purplebricks says it is receiving an average revenue per customer of £1,000, has more than doubled instructions and is now generating...

05 December 2016

From: Breaking News

Rent rises are inevitable after tax clampdown on buy-to-let

Buy-to-let landlords may have failed in their recent legal battle against planned government tax relief changes for buy-to-let homes set to...

14 October 2016

From: Features

Revealed - list of Countrywide branches to close in the near future

Estate Agent Today has received a list of around 60 Countrywide Group estate agency offices expected to close in the next...

02 September 2016

From: Breaking News

The post-Brexit landscape

As I sit and write this piece, even with the FTSE 100 back up and sterling having recovered some of its...

08 July 2016

From: Features

Agents' jobs saved after administrators called in at high-end firm

The jobs of 32 estate agents working at a high-end chain have been saved after the firm and its assets were sold...

31 May 2016

From: Breaking News

Stamp duty and buy to let tax changes: Readers' views put to David Cameron

In January readers of Estate Agent Today and Letting Agent Today were given the opportunity to give their views on proposed...

25 January 2016

From: Features

If Purplebricks fails online game could be up admits hybrid agency chief

The co-founder of hybrid estate agency EweMove says if the newly-floated Purplebricks fails "the online agency game could be up." Glenn Ackroyd,...

18 January 2016

From: Breaking News

Why I've said no to PLC approaches

Do you remember Martha Lane-Fox? She was the poster girl for lastminute.com and an icon of the dot.com bubble that ended...

15 January 2016

From: Features

OnTheMarket still pinning its membership hopes on Letters of Intent

OnTheMarket - stung by recent lukewarm assessments of its track record - has repeated its faith in letters of intent from...

01 December 2015

From: Breaking News

Stamp Duty income to soar by 50 per cent in five years, says Treasury

The Treasury has admitted that stamp duty ‘take’ is expected to soar from £11.2 billion this year to £17.8 billion in...

30 November 2015

From: Breaking News

OnTheMarket may remain a significant number 3 says BNP Paribas

A financial analyst frequently quoted by OnTheMarket has warned that it is set to remain “a significant number 3” portal -...

30 November 2015

From: Breaking News

Big week for portal rivals as Zoopla gives agency update

Zoopla is set to announce its latest total of agent members later this week. Back in May Zoopla revealed that it had...

10 August 2015

From: Breaking News

Zoopla defiant after agency-losses dent share price

Zoopla remains unbowed by its loss of 23 per cent of its UK agents and says it has new statistics proving...

21 May 2015

From: Breaking News

Legal actions against agents plummet by 65%

The number of legal actions against estate agents and chartered surveyors has significantly fallen according to figures from a City legal...

29 April 2015

From: Breaking News

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