OnTheMarket has hit out at a newspaper claim that it is just “limping along.” Patrick Hosking, a prominent financial columnist at The...
Archive

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...
06 January 2021
From: Breaking News

OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...
15 December 2020
From: Breaking News

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...
08 December 2020
From: Breaking News

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...
07 December 2020
From: Breaking News

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...
27 November 2020
From: Breaking News

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company. It...
24 November 2020
From: Breaking News

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...
10 November 2020
From: Breaking News

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...
02 November 2020
From: Breaking News

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...
22 September 2020
From: Breaking News

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...
20 August 2020
From: Breaking News

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...
19 August 2020
From: Breaking News

If anyone thought the days of Purplebricks bosses making millions were in the past, think again. The chief executive and chief finance...
18 August 2020
From: Breaking News

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...
12 August 2020
From: Breaking News

It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...
23 July 2020
From: Breaking News

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...
12 July 2020
From: Breaking News

OnTheMarket’s share price dropped again yesterday, ending down 2.4 per cent. This was despite the portal announcing a share giveaway to encourage new agents...
28 April 2020
From: Breaking News

OnTheMarket says it has another 32 million shares to give away to agents signing full fee contracts with the challenger portal...
27 April 2020
From: Breaking News

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...
21 April 2020
From: Breaking News

This month saw the introduction of the final stages of the Section 24 tax changes, first introduced in April 2017. Whereas buy-to-let...
18 April 2020
From: Features

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...
17 April 2020
From: Breaking News

Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...
17 April 2020
From: Breaking News

The human cost of the Coronavirus crisis is growing and devastating, but behind that businesses are being badly hurt too. Many consider...
30 March 2020
From: Breaking News

Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...
18 March 2020
From: Breaking News

It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...
17 March 2020
From: Breaking News

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...
16 March 2020
From: Breaking News

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...
16 March 2020
From: Breaking News

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some...
13 March 2020
From: Breaking News

Countrywide’s share price fell by as much as 17 per cent at one point yesterday afternoon as investors assessed the latest...
12 March 2020
From: Breaking News

We live in uncertain times. That I do not need to say to anybody. I am writing this piece aboard my...
11 March 2020
From: Breaking News

OnTheMarket is not responding to requests to reveal details of any pay-off for its chief executive Ian Springett, who was sacked...
10 March 2020
From: Breaking News

It may be that we’re facing another year - make that yet another year - of disruption in the housing market. Coronavirus...
07 March 2020
From: Features

Rightmove has seen one of the best returns on investment of any company in the FTSE indices according to an investment...
06 March 2020
From: Breaking News

The share price of challenger portal OnTheMarket has fallen to its equal lowest-ever level after a drop of over five per cent...
26 February 2020
From: Breaking News

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...
25 February 2020
From: Breaking News

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...
24 February 2020
From: Breaking News

Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...
18 February 2020
From: Breaking News

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...
11 February 2020
From: Breaking News

The mystery of why Countrywide’s crucial sale of its commercial arm has failed to go through as scheduled deepened over the...
10 February 2020
From: Breaking News

Property portals generate revenue from estate agents regardless of the outcome of the transaction. This relationship has resulted in a fundamental...
25 January 2020
From: Features

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...
11 January 2020
From: Features

Countrywide’s share price yesterday went from little over 7p to 360p in one fell swoop. Is it the end of uncertainty about...
31 December 2019
From: Breaking News

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...
30 December 2019
From: Breaking News

An estate agent in London claims he did £53m of property deals within hours of the Conservative victory in the General...
16 December 2019
From: Breaking News

Yes, believe it or not, we’ve nearly reached the end of a whole decade. And what an eventful decade it’s been. We’ve...
14 December 2019
From: Features

A high-profile investment advice service says as OnTheMarket nears two years listed on the stock market it “has yet to deliver...
13 December 2019
From: Breaking News

OnTheMarket’s share price slumped to an all-time low just before the end of trading last week. The price fell to 69.0p during trading on...
11 November 2019
From: Breaking News

Countrywide’s ever-patient investors appear to have been unfazed by the company’s latest compliance issue, which has led to a £100,000 fine...
31 October 2019
From: Breaking News

There has been a real wind of change in estate agency and over the last 18 months we have seen the...
16 October 2019
From: Features

The troubled ‘star fund manager’ Neil Woodford has drastically reduced his stake in Purplebricks: he now owns less than five per...
15 October 2019
From: Breaking News

OnTheMarket is delivering agents “a higher marketing yield than Rightmove” according to an investment consultancy which works with OTM. Investors appear to...
14 October 2019
From: Breaking News

OnTheMarket has this morning posted its latest results to the stock market. The portal reports that 2,346 branches had converted to full-paying...
10 October 2019
From: Breaking News

The share price of the UK's largest estate agency remained steady yesterday following its appointment of a new chief operating officer. Countrywide...
09 October 2019
From: Breaking News

Purplebricks' senior management avoided a shareholder revolt yesterday during the company's Annual General Meeting (AGM). Last weekend, it emerged via the Sunday...
04 October 2019
From: Breaking News

The Purplebricks share price dropped by 1% to 108p yesterday as investors prepare for today's Annual General Meeting. The hybrid agency's market...
03 October 2019
From: Breaking News

It never rains but it pours. And that’s certainly been the case for the online estate agency sector in the last...
03 October 2019
From: Features

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...
29 September 2019
From: Breaking News

Purplebricks’ recent strong share price rise is not a good sign for the agency but an indication that it may be...
10 September 2019
From: Breaking News

A few details of a possible takeover or acquisition of Countrywide have started to emerge. The possibility was first floated in yesterday’s...
20 August 2019
From: Breaking News

A media report suggests a mystery ‘predator’ is attempting to acquire Countrywide. The Daily Mail this morning, quoting unnamed “City sources,” says a...
19 August 2019
From: Breaking News

I missed the biggest property story of the week and it’s only scant consolation that almost everyone else seemed to miss it...
03 August 2019
From: Features

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...
29 July 2019
From: Breaking News

Now could be the time to buy shares in Purplebricks and Foxtons if one stock market pundit turns out to be...
12 July 2019
From: Breaking News

The next key date to measure the progress of Countrywide’s controversial Back To Basics programme is at the end of this...
11 July 2019
From: Breaking News

In the last ten years Google's revenue, largely from pay per click ads (Adwords), has grown by 527% (Source: Statista). In...
03 July 2019
From: Sponsored Content

Purplebricks has revealed its annual results for the year ending April 30 2019. The hybrid agency has posted an operating loss of...
03 July 2019
From: Breaking News

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...
18 June 2019
From: Breaking News

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming...
17 June 2019
From: Breaking News

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...
12 June 2019
From: Breaking News

There seems no end in sight for the share turmoil going on at Purplebricks, with several new developments on Friday before...
10 June 2019
From: Breaking News

Emoov and Countrywide: what a pair, observers might say. They present a tale of two failures - although, in the case of...
08 June 2019
From: Features

Beleaguered fund manager Neil Woodford, one of the early champions of Purplebricks, has slashed his stake in the company from 28.9...
06 June 2019
From: Breaking News

Purplebricks has announced that it is to give a trading update and the result of its review of its US activities on...
05 June 2019
From: Breaking News

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...
04 June 2019
From: Breaking News

Purplebricks share price has risen over 10 per cent - at least temporarily - on news of a major expansion of...
03 June 2019
From: Breaking News

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US...
03 June 2019
From: Breaking News

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...
31 May 2019
From: Breaking News

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever...
30 May 2019
From: Breaking News

Countrywide’s shares took another battering yesterday as they plummeted below the psychologically-painful 5p mark - reflecting a 95 per cent loss of...
30 May 2019
From: Breaking News

Purplebricks’ share price yesterday plunged to 90.5p at one point - well below the 100p level at which the company originally...
22 May 2019
From: Breaking News

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...
21 May 2019
From: Breaking News

Purplebricks, which recently admitted that it had been over-ambitious in its overseas expansion, says it will give “a further update” on...
21 May 2019
From: Breaking News

Foxtons has warned shareholders and the City that sales volumes are at a “record low” and that the agency suffered another fall...
20 May 2019
From: Breaking News

Whether you love or hate it, Purplebricks has undoubtedly left its mark since arriving on the scene in 2015 – much...
18 May 2019
From: Features

An expert who has invested in an online agency in the past has slammed Purplebricks’ business model. James Max, who presents the...
16 May 2019
From: Breaking News

Further details of Countrywide's closure and consolidation programme, first revealed by Estate Agent Today on Friday, have emerged over the weekend. A...
13 May 2019
From: Breaking News

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...
10 May 2019
From: Breaking News

Following yesterday's surprise news that founder Michael Bruce is leaving the business and its Australian operation is closing down, Purplebricks encountered...
08 May 2019
From: Breaking News

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’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

Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row...
01 May 2019
From: Breaking News

For the second day in a row Countrywide was subject to two so-called Price Monitoring Extensions - temporary freezing of trading...
25 April 2019
From: Breaking News

The London Stock Exchange twice froze trading in Countrywide’s shares yesterday after volatile movements - and a new record low price. The...
24 April 2019
From: Breaking News

It’s not often we can enjoy beautiful sunshine on bank holidays, but I suppose this one was a particularly blessed weekend,...
24 April 2019
From: Breaking News

A PropTech analyst insists that the tumbling share price of Purplebricks on the London Stock Exchange does not indicate that the...
23 April 2019
From: Breaking News

An influential investment blog says the number of analysts and investors still believing in Purplebricks’ growth story is dwindling - and...
15 April 2019
From: Breaking News

The investment bank which on Friday put Purplebricks under the cosh has now given a boost to two High Street estate...
08 April 2019
From: Breaking News

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

OnTheMarket has applied to the London Stock Exchange for the release of shares to agents signing long term deals with the...
02 April 2019
From: Breaking News

Countrywide’s share price dipped to its lowest ever level yesterday, below 8p before recovering a little ground later in the day. The...
28 March 2019
From: Breaking News

Virtual tours are a compelling way of enhancing a property’s potential through online marketing, increased transparency and efficiency for agents, and...
27 March 2019
From: Features

Countrywide’s senior executives have set out reasons why investors should put their money into the group, despite its troubled recent years. Yesterday...
08 March 2019
From: Breaking News

Countrywide's report to shareholders this morning warns that the residential market is heading for a difficult 2019 which may hit the...
07 March 2019
From: Breaking News

No doubt we’ve all seen the recent Purplebricks news - shares have, according to the BBC, ‘plunged after it slashed its...
27 February 2019
From: Breaking News

Online agency platform Love2move insists that its current bid to attract investors will not be damaged by the adverse publicity surrounding...
25 February 2019
From: Breaking News

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

Purplebricks’ eye-watering share price fall yesterday was greeted with widespread satisfaction by property professionals outside the online sector. The agency’s share price...
22 February 2019
From: Breaking News

The Daily Telegraph has gone public with City speculation that Chicago-based real estate consultancy JLL may be interested in buying Savills. Both...
15 February 2019
From: Breaking News

There are many misconceptions about the franchising world but, whether we’re talking about estate agency franchises or fast food franchises, it’s...
09 February 2019
From: Features

Shares in OnTheMarket hit another new low of 75.7p yesterday, dropping over nine per cent on the day and falling well...
23 January 2019
From: Breaking News

Purplebricks has revealed that it’s given its new global chief operating officer 700,000 shares - valued at around £165p each that...
09 January 2019
From: Breaking News

UBS, a Swiss multinational investment bank and financial services company based in Zurich and Basel, now owns approaching 10 per cent...
04 January 2019
From: Breaking News

Rightmove has launched a share buy-back programme to run until late next month, February. Companies buy back their own shares to keep up...
03 January 2019
From: Breaking News

There’s nothing new about identifying 10 figures who have helped shape an industry over the past year, but that doesn’t mean...
28 December 2018
From: Features

A top PropTech analyst says Purplebricks is as much an advertising firm as an estate agency but is nonetheless a huge success...
18 December 2018
From: Breaking News

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 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

Countrywide’s share price fell to its lowest-ever level yesterday - evidence that it’s not just online estate agencies that are having...
05 December 2018
From: Breaking News

However mild the weather may have been for most of us, it’s a cold autumn for the online estate agency market...
10 November 2018
From: Features

Purplebricks says it has seen year-on-year revenue growth of about 20 per cent despite what its chairman calls “a challenging UK...
06 November 2018
From: Breaking News

Fresh details have emerged about the financial difficulties suffered by Emoov, its search for a buyer and its possible sale price. A...
01 November 2018
From: Breaking News

As scary Halloweens go, yesterday was quite a shocker for Britain’s online estate agency sector - and not in a good...
01 November 2018
From: Breaking News

Purplebricks’ share price dipped below the psychologically-important 200p level yesterday as the hybrid agency’s longer-term slide continues. In the summer of 2017...
26 October 2018
From: Breaking News

One of the brokers working with OnTheMarket says the portal will not be profitable until 2021, but predicts that its target...
12 October 2018
From: Breaking News

Purplebricks’ share price dropped yesterday to barely over 200p - its lowest level for some 18 months and reflecting a near...
10 October 2018
From: Breaking News

Shareholders in the ailing Countrywide agency group appeared to remain largely indifferent to the news that their executive chairman Peter Long...
20 September 2018
From: Breaking News

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...
07 September 2018
From: Breaking News

One of Countrywide's major investors has significantly reduced its holding in the troubled estate agency group. Oaktree Capital yesterday lowered its stake...
04 September 2018
From: Breaking News

Following the first day of trading its new shares yesterday, Countrywide's share price finished at 12.52, down almost 4%. The new shares were...
31 August 2018
From: Breaking News

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange...
30 August 2018
From: Breaking News

Countrywide may have enjoyed the overwhelming support of its major institutional shareholders for its controversial rescue plan, but the wider financial...
29 August 2018
From: Breaking News

Countrywide’s eagerly-awaited General Meeting for shareholders takes place today and is widely expected to back the ailing agency group’s controversial rescue...
28 August 2018
From: Breaking News

Countrywide’s share price defied the expectations of some analysts and rose over six per cent yesterday with the company moving from...
23 August 2018
From: Breaking News

The investment bank Jefferies says Foxtons’ long-running share price slump is a reflection of Brexit uncertainty “until we find out what...
14 August 2018
From: Breaking News
11 August 2018
From: Features

The Swiss investment bank Credit Suisse has slashed its target share price for the company from 77p to only 17.2p. The reason...
09 August 2018
From: Breaking News

Countrywide is under fire again over the controversial rescue plan it announced last week. On Friday the troubled agency group’s share price -...
06 August 2018
From: Breaking News

The business editor of right wing political weekly The Spectator says “what’s bad for Foxtons is on the whole likely to...
06 August 2018
From: Breaking News

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...
02 August 2018
From: Breaking News

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...
25 July 2018
From: Breaking News

Foxtons share price hit a new low yesterday, dropping to only 46p early in the afternoon: it eventually closed narrowly up...
19 July 2018
From: Breaking News

First things first, I have to mention the World Cup. The dream is over, football’s not quite coming home (not until...
14 July 2018
From: Features

The German publishing company Axel Springer has increased its stake in Purplebricks to 12.5 per cent - and says it may...
09 July 2018
From: Breaking News

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

By now we’ve all seen news about the long-term decline in property sales and competition from online alternatives leading to ‘more...
04 July 2018
From: Breaking News

An insolvency firm claims 153 estate agencies have gone bust in the past year with more than 7,000 “showing signs of...
02 July 2018
From: Breaking News

Cast your mind back to July 2008 – Gordon Brown was Prime Minister, the Euros were in full swing in Austria/Switzerland...
30 June 2018
From: Features

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

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

Senior management at Countrywide came in for a pasting on Twitter yesterday as TV market commentator and buying agent Henry Pryor...
26 June 2018
From: Breaking News

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...
25 June 2018
From: Breaking News

OnTheMarket has announced to the City and its shareholders that it’s to reveal its annual results tomorrow - the first such...
06 June 2018
From: Breaking News

It’s been revealed that Countrywide has offered its staff a ‘share save’ scheme which allows them to purchase shares in the...
04 June 2018
From: Breaking News

Property portal OnTheMarket has announced that it now has listing agreements with over 8,500 estate and letting agency branches. It says that...
30 May 2018
From: Breaking News

Zoopla Property Group (ZPG) has confirmed that it expects its sale to Silver Lake to complete in Q3 2018. As part of...
24 May 2018
From: Breaking News

A study of estate agencies and portals floated on the London Stock Exchange suggests that digital companies have shown much better...
18 May 2018
From: Breaking News

Has Countrywide finally convinced its investors that it is on the road to recovery? Back on March 8 the Countrywide share price...
04 April 2018
From: Breaking News

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

The share price of OnTheMarket slipped again on Friday - down around five per cent on the day and ending at...
26 March 2018
From: Breaking News

Purplebricks’ share price dipped below the psychologically-important 300p mark yesterday - its lowest performance since spring last year. It’s the latest development...
21 March 2018
From: Breaking News

Market analysts at Swiss bank UBS are warning that Purplebricks’ meteoric growth in the UK may be slowing. The bank has cut...
16 March 2018
From: Breaking News

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

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...
15 February 2018
From: Breaking News

OnTheMarket’s share price fell just over five per cent yesterday, continuing its troubled launch on to the London stock exchange. It...
13 February 2018
From: Breaking News

The bank Morgan Stanley says OnTheMarket’s listings have fallen 19 per cent in the past year. In a note to investors issued...
12 February 2018
From: Breaking News

OnTheMarket has finally completed its stock market float, with less capital raised, at a lower than planned valuation and, as I write,...
09 February 2018
From: Features

Most listed agencies and portals suffered share price falls yesterday, creating a challenging landscape for Agents’ Mutual which launches on the London stock exchange...
07 February 2018
From: Breaking News

Pressure continues to mount on Purplebricks to reveal its sales data after a weekend during which claims about its effectiveness continued...
05 February 2018
From: Breaking News

Countrywide has made a brief announcement to shareholders about amending its credit facility with lenders to help it turn the business...
05 February 2018
From: Breaking News

Purplebricks has this morning issued an unusual statement to the Stock Exchange blaming a City report for the sharp fall in the...
02 February 2018
From: Breaking News

Alison Platt may have been ousted but Countrywide appears not to be out of the woods yet as its share price...
01 February 2018
From: Breaking News

The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...
26 January 2018
From: Breaking News

If Countrywide thought its fortunes would immediately improve following the departure of chief executive Alison Platt, it has to think again...
25 January 2018
From: Breaking News

The chief executive may have left, the share price may still be languishing around 100p and only days ago the firm...
25 January 2018
From: Breaking News

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit - but so far there is no...
24 January 2018
From: Breaking News

It is being reported that staff at Countrywide have been told that embattled chief executive Alison Platt is leaving the agency...
23 January 2018
From: Breaking News

Countrywide appears to be in turmoil with Sky News reports that board members are discussing trying to get rid of controversial...
23 January 2018
From: Breaking News

It is now an industry truism to say that Alison Platt has transformed Countrywide - but recent evidence, and now doubt...
23 January 2018
From: Breaking News

The Countrywide chief executive, Alison Platt, is said to have warned staff that the reaction from the markets and shareholders to...
22 January 2018
From: Breaking News

According to The Branding Journal, a brand is “a name, term, design, symbol, or any other feature that identifies one seller's...
20 January 2018
From: Features

Shares in troubled agency group Countrywide have fallen to their lowest-ever level of 106.40p in trading this morning. Yesterday shares fell a...
19 January 2018
From: Breaking News

Sky News is reporting that the non-executive chairman of Purplebricks, Paul Pindar, is set to invest a seven figure sum in...
16 January 2018
From: Breaking News

The business editor of right-wing political weekly The Spectator has made an attempt to defend the controversial £109m bonus paid to...
08 January 2018
From: Breaking News

Connells has told Estate Agent Today that it is not making any official comment yet on the decision revealed yesterday that...
22 December 2017
From: Breaking News

Here it is - the industry’s verdict on the latest set of figures from Purplebricks. The agency doesn’t play by any of...
15 December 2017
From: Breaking News

Financial analysts over the weekend have been giving their view on Purplebricks, which later this week issues its figures for the...
11 December 2017
From: Breaking News

The new contract for firms joining or re-signing to OnTheMarket is reported to have a restriction on acquisitions. It is said to...
05 December 2017
From: Breaking News

Purplebricks’ share price value yesterday dropped below the 300p, over 40 per cent less than its high point over the recent...
16 November 2017
From: Breaking News

The much-expected pause in the roll out of Countrywide's online service to vendors, confirmed yesterday, did not appear to impress investors. Countrywide's...
10 November 2017
From: Breaking News

Purplebricks has issued the briefest-of-brief statements to the City and the company's investors to assure them it is "on course". The latest...
07 November 2017
From: Breaking News

Agents’ Mutual is officially making no comment on the timetable for the company flotation but speculation within the industry is mounting...
12 October 2017
From: Breaking News

The latest departure from troubled estate agency group Countrywide is non-executive director Richard Adam, who was chair of the audit and...
06 October 2017
From: Breaking News

Investec Asset Management has bought a 5.6 per cent share in Countrywide, having had no previous involvement in the troubled estate...
05 October 2017
From: Breaking News

The research director of an investment firm which has advised Purplebricks says the “odd detractor” who doesn’t sell their home does...
04 October 2017
From: Breaking News

Investment website The Motley Fool says comparisons between forecast and actual profits reported by Purplebricks suggest the company’s position isn’t -...
02 October 2017
From: Breaking News

Peel Hunt, the City investment broker that has worked closely with Purplebricks, has issued an investment note to clients with a...
28 September 2017
From: Breaking News

Countrywide’s share price hit another new low yesterday of around 115.5p - a fall of just over four per cent on...
26 September 2017
From: Breaking News

The flotation of Agents’ Mutual on the London Stock Exchange could happen as soon as later this year following the endorsement...
12 September 2017
From: Breaking News

I’ve been in France for the past few days and depending on your viewpoint, I made a spectacularly good or singularly...
09 September 2017
From: Features

Let’s be honest - few people saw this coming. The 89 to 11 per cent majority amongst Agents’ Mutual members for...
08 September 2017
From: Breaking News

The Advertising Standards Authority (ASA) has informally resolved another complaint made against wording on Purplebricks’ website. A complainant suggested that the wording...
06 September 2017
From: Breaking News

Countrywide’s share price hit a record low during trading yesterday afternoon when it dropped to 137.75p, having opened the day at...
25 August 2017
From: Breaking News

Sources within Countrywide say the latest senior management figure to leave the company is Sam Tyrer, who under her title of...
17 August 2017
From: Breaking News

The stock exchange seems to be on everyone’s lips at the moment. There’s Agents’ Mutual seeking to float on the Alternative Investment...
12 August 2017
From: Features

Purplebricks’ share price has now recovered all of the value it lost after being criticised on two BBC consumer programmes and...
09 August 2017
From: Breaking News

Trustpilot, the review service quoted frequently by Purplebricks as evidence of its apparent popularity, is declining to comment on the adverse...
07 August 2017
From: Breaking News

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

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

Purplebricks’ share price this afternoon dropped to a recent low of 406.50p before recovering to close down about five per cernt...
02 August 2017
From: Breaking News

Countrywide says the roll out of its online sales and lettings service is on schedule to reach 50 per cent of...
28 July 2017
From: Breaking News

Speculation is growing over whether figures to be released by Countrywide on Thursday may prompt another fall in the troubled company’s...
25 July 2017
From: Breaking News

It’s not happening here (yet) but several articles on US websites have started talking up the possibility of Amazon going into...
14 July 2017
From: Breaking News

An expert analysis of the Purplebricks trading statement for 2016 reveals that the agency’s Local Property Experts each earn an average...
10 July 2017
From: Breaking News

One of the industry’s leading analysts says Countrywide’s figures for the first half of 2017 are likely to be tough -...
07 July 2017
From: Breaking News

The chief economist of Price Waterhouse Coopers says that although by some measures the London housing market looks ripe for a...
06 July 2017
From: Breaking News

The share price of hybrid estate agency Purplebricks dipped yesterday after it announced its US expansion will begin in California. Purplebricks' share...
15 June 2017
From: Breaking News

Zoopla has been reported as saying hybrid estate agencies will not reach their professed targets of achieving 10 per cent of...
30 May 2017
From: Breaking News

Reports in the commercial property industry publication Property Week suggest there may be difficulties concerning the sale of Countrywide’s commercial operation,...
08 May 2017
From: Breaking News

Purplebricks' share price moved up over two per cent yesterday on the strength of its latest trading statement - but its...
05 May 2017
From: Breaking News

A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more...
25 April 2017
From: Breaking News

Countrywide’s share price, which just over three years ago was riding high at just above 685p, has hit a new low...
05 April 2017
From: Breaking News

The Competitions and Markets Authority has released more details of its ‘calling-in’ of the acquisition of Expert Agent by Zoopla Property...
03 April 2017
From: Breaking News

A Financial Times article reports a bank analysis shows Purplebricks with a market share of 3.3 per cent of properties marked...
24 March 2017
From: Breaking News

Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled...
20 March 2017
From: Breaking News

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price...
16 March 2017
From: Breaking News

Countrywide has successfully placed 21.6m shares to institutional investors at the competitive price of 175p per share - allowing it to...
10 March 2017
From: Breaking News

The Purplebricks stock market bull run took yet another huge leap forwards yesterday with its share price up 20 per cent...
24 February 2017
From: Breaking News

The remarkable bull run on the London Stock Exchange continues for hybrid estate agency Purplebricks, which floated shares at 100p just...
09 February 2017
From: Breaking News

Zoopla has released details of the profit some of its agents have made from its 2014 offer to purchase shares at...
03 February 2017
From: Breaking News

Zoopla Property Group’s £120m purchase of Hometrack, announced yesterday evening, is part of its aim to create “the UK’s most valuable...
01 February 2017
From: Breaking News

Purplebricks has issued its second statement to the City on successive trading days - and its share price has risen by...
31 January 2017
From: Breaking News

The board of Purplebricks has issued a statement to the City saying it has no idea what lies behind the soaring...
30 January 2017
From: Breaking News

The stock market appears to be continuing its love affair with Purplebricks, as the hybrid agency share price rose once again...
27 January 2017
From: Breaking News

An American investment analyst has used the Motley Fool online city column to give a glowing endorsement to one of the...
19 January 2017
From: Breaking News

Countrywide’s long-term share price decline and turbulent branch closure programme have not prevented a relatively positive endorsement of the group’s strategy and...
16 January 2017
From: Breaking News

Countrywide’s share price closed slightly down again yesterday to finish trading at 176.0 after news emerged that the group was selling...
16 December 2016
From: Breaking News

Countrywide estate agency group is to drop out of the FTSE 250 from the start of trading on December 19. The news...
02 December 2016
From: Breaking News

It’s a tale of two estate agencies - Britain’s biggest, seemingly in trouble, and the second biggest, winning a seal of...
30 November 2016
From: Breaking News

Countrywide chief executive Alison Platt has told Estate Agent Today the transformation she wishes to see within the group may take...
25 November 2016
From: Breaking News

Share prices for both Foxtons and Countrywide took a significant tumble yesterday as news of the ban on letting agents’ fees...
24 November 2016
From: Breaking News

Jefferies, the City investment service known for its analysis of major residential sector firms, forecasts Foxtons’ transactions to fall 10 per...
18 November 2016
From: Breaking News

Countrywide's regional director Martin Coombes has quit the company, having worked for it since the early 1990s. A statement to Estate Agent...
11 November 2016
From: Breaking News

Some sectors of the industry have been giving their initial reactions to the shock Donald Trump victory in the US presidential election. Camilla...
09 November 2016
From: Breaking News

Although Brexit, portal juggling and portal wars have stolen property industry headlines in recent months, there's been one story almost constantly...
05 November 2016
From: Features

The former ‘retail director’ of Countrywide’s south east operations, Keith Knight, has left the troubled agency group and has returned to...
31 October 2016
From: Breaking News

The share prices of Countrywide and LSL Property Services diverged yesterday in response to both agency groups being downgraded by influential...
26 October 2016
From: Breaking News

Jefferies, a major City adviser, is downgrading its 2016 estimate for Countrywide’s performance over the rest of this year. In a statement...
25 October 2016
From: Breaking News

Countrywide’s share price started the week at below 200 for the first time - about 30 months after it was riding...
17 October 2016
From: Breaking News

Investment group Shore Capital says the future expansion of digital property advertising means Zoopla shares - despite recent growth - are...
11 October 2016
From: Breaking News

An equity specialist has warned that shareholders may now choose this is the time to sell their stakes in Purplebricks because...
06 October 2016
From: Breaking News

The former chief executive of Countrywide, Harry Hill, has tweeted that on a four mile walk encountering hundreds of estate agents’...
28 September 2016
From: Breaking News

City consultancy Jefferies has made a blistering attack on Purplebricks’ sales performance and finances, saying “the arithmetic…still does not add up.” Last...
22 July 2016
From: Breaking News

I’m indebted to one of the most enthusiastic estate agents I’ve had the pleasure of meeting for suggesting the subject of...
15 July 2016
From: Features

The news that Theresa May will be installed as Prime Minister tomorrow has immediately stabilished the share prices of estate agents...
12 July 2016
From: Breaking News

As post-Brexit referendum vote shockwaves continue to reverberate around stock markets and currency exchanges, many publicly-quoted property companies took a hit...
28 June 2016
From: Breaking News

Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...
27 June 2016
From: Breaking News

The Daily Mail is reporting that the finance chief at much-discussed hybrid agency Purplebricks has purchased shares that are now worth...
21 June 2016
From: Breaking News

Cashing in on the publicity surrounding the share price of Purplebricks and recent entries into hybrid estate agency by Countrywide and...
15 June 2016
From: Breaking News
09 June 2016
From: Sponsored Content

There has been a muted response from the City to the announcement just before the weekend that high-end estate agency Savills...
06 June 2016
From: Breaking News

The Financial Times is reporting that a shareholders’ rebellion may be on the cards at Foxtons as some with a stake...
10 May 2016
From: Breaking News

One of the founders of online agency Purplebricks says his aim is for the firm to become the "first choice" for...
04 May 2016
From: Breaking News

The Motley Fool, a widely-read City investment column, says a Leave vote could result in a fall in housing market transaction...
04 May 2016
From: Breaking News

The respected investment advice website Motley Fool has poured cold water on the stock market fortunes of Purplebricks, despite a huge...
11 April 2016
From: Breaking News

It’s certainly been a rollercoaster ride but the latest closing share value of Purplebricks, which floated in mid December, is now...
09 February 2016
From: Breaking News

Countrywide has continued its acquisition programme by taking over a company consulting with house builders in the Home Counties and London. The acquisition...
22 January 2016
From: Breaking News

Purplebricks, the online agency that floated a month ago at 100p per share, was yesterday down to 75.0 at one point...
20 January 2016
From: Breaking News

There has been more volatile stock market trading for some of the industry’s highest-profile agencies. Countrywide - whose chief executive Alison Platt...
15 January 2016
From: Breaking News

Purplebricks recorded a volatile bout of trading on London’s Stock Exchange yesterday, where it ended the day with a 5.7 per...
08 January 2016
From: Breaking News

It’s time to take a pause, to reflect and put into context—and what a year it has been for our industry...
24 December 2015
From: Features

Estate agents’ share prices have taken a knock after poor figures reported to the City by Countrywide suggested a wider malaise...
05 November 2015
From: Breaking News

It’s rare for an incumbent to pivot to a disruptive business model, even in the face of compelling logic that they...
30 October 2015
From: Features

OnTheMarket has made a defiant response to news that Zoopla is growing both its estate agent membership and its property listings...
13 August 2015
From: Breaking News

Shares in Foxtons start the week at 244 after staging a dramatic stock market recovery following a poor set of figures. The...
03 August 2015
From: Breaking News

Harry Hill, the former Countrywide chief executive, has described his old company as “going backwards” following the publication of its half-year...
31 July 2015
From: Breaking News

Some 87 per cent of Zoopla members who bought discounted shares in the firm last year have made additional purchases this summer...
22 July 2015
From: Breaking News

Members of Zoopla Property Group (ZPG) who purchased discounted shares ahead of the firm’s Initial Public Offering last June will have...
03 June 2015
From: Breaking News

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