Archive

OnTheMarket is seeking shareholder approval for a proposed cancellation of capital.  The portal said in a stockmarket update this morning that this...

One of estate agency’s biggest groups yesterday announced the start of a share buyback programme for a tranche of up to...

Purplebricks ended the trading day yesterday without being able to formally welcome its new chief executive but the markets appeared to...

Foxtons chief executive Nic Budden is to take up the work of the chief operating officer too. In a statement to shareholders...

Purplebricks say it’s going to complete its transformation from an agency using self-employed local operatives in the field, to having fully...

Purplebricks has announced that chief financial officer Stephen Long has been given a shares bonus as part of the company’s performance plan...

The Skipton Building Society, which owns Connells estate agency, says the house-selling arm helped it reach a record profit pre-tax profit...

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

The Purplebricks share price remained relatively unchanged yesterday following the shock announcement that chief executive Vic Darvey was quitting the company...

High end estate agency Savills says the imposition of sanctions on Russians, amid new measures obliging overseas buyers to be more...

Purplebricks chief executive Vic Darvey has quit, citing “personal circumstances”.  He leaves at the end of this month with chief operating officer Helena...

Foxtons has this morning launched a £3m share buy back programme, representing a major windfall for its investors. A statement from the...

Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...

OnTheMarket’s transformation into a “tech-enables property business across the broader property eco-system” is gathering pace according to the portal’s chief executive. In...

Housing market analyst and PropTech entrepreneur Anthony Codling says that the next few weeks will determine whether Boomin is the portal...

There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...

Rightmove - which issues its annual figures to shareholders later this week - has released a bullish snapshot of the housing...

Analysts are gearing up for the full year figures to be revealed by Rightmove to its shareholders at the end of...

Purplebricks is claiming that literally thousands of High Street agents from conventional bricks-and-mortar firms are applying to the agency. It says this...

New research suggests that the estate agency industry has bucked the nationwide trend of business liquidation that he plagued other sectors...

A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...

OnTheMarket has this morning told shareholders that its performance is ahead of expectations and it's on course to make improved profits...

The name of Purplebricks - which once claimed its business model was a global success - has now been removed in...

Foxtons has this morning announced that it’s selling off the sales wing of a rival London agency that it bought just...

Winkworth has told its shareholders that it expects approaches from prospective franchisees to open new branches this year. In a trading statement...

Purplebricks has this morning said that a newspaper report over the weekend, claiming part of the business is to be sold...

Propertymark is to probe Purplebricks over its lettings fiasco - and as the agency becomes a subject of ridicule in the...

Purplebricks is delaying release of its half-year figures which were scheduled to be given to shareholders tomorrow. This follows revelations in the Daily...

Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...

Let’s begin with total transparency from this author: I believe there’s a place for Build To Rent in the wider portfolio...

The Property Franchise Group, the agency industry’s largest franchise operation, has reported strong performance in recent months. Chief executive Gareth Samples has...

Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...

OnTheMarket has announced that it’s reducing the amount it’s paying for PropTech supplier Glanty. Glanty is best known for its lettings platform teclet,...

We’ve probably all learned to be a little less cynical about politicians in recent weeks, given the tragic events. We perhaps...

Foxtons has given an upbeat trading update to shareholders this morning. It says so far this year sales revenue is a huge...

Purplebricks has this morning announced that chief financial officer Andy Botha is quitting at the end of the month. In a terse...

OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

Shareholders in Purplebricks have given overwhelming backing to the company’s remuneration policy - including substantial bonuses for senior executives which had...

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

Following speculation overnight, Foxtons - one of London's leading and most high-profile agencies - has this morning announced the appointment of Nigel Rich CBE...

Franchise giant Winkworth says it has backed the start up of a commercial company advising on investment in retail or business...

The Property Franchise Group - the UK's largest property franchisor, which owns EweMove and other brands - has acquired 80 per...

A date has been set for Purplebricks’ shareholders to give their verdict on a controversial remuneration package given to the agency’s...

Purplebricks has this morning confirmed that it’s ending its self-employed Local Property Experts operation and is moving to “a fully employed model...

Volume house builder Taylor Wimpey has announced a pre-tax profit for the first half of this year of £287.5m - and...

LSL Property Services - parent company of Your Move, Reeds Rains and Marsh & Parsons - has reported record figures as...

The head of Boomin has attacked Rightmove for the fees it currently charges agents, the likelihood of higher fees to come,...

Purplebricks’ annual report has revealed that a short term bonus scheme to provide incentives for executive directors to meet financial and...

OnTheMarket, which is holding its shareholders’ annual general meeting today, says early figures show the success of initiatives introduced by chief...

An announcement by Foxtons this morning says it is considering future options for its mortgage business, Alexander Hall. The announcement - made...

Purplebricks has addressed its critics on house sales by pledging to return vendors’ upfront fees if the agency fails to find...

Purplebricks will this week reveal the result of almost two years of trials into a new pricing structure.  The details will come...

OnTheMarket’s annual general meeting date has been set for later this month - and it’s likely to be virtual despite expected...

There’s been a dramatic slump in instructions for online agencies, particularly Purplebricks, according to data produced by one online firm itself. 99Home...

Foxtons shareholders will today give their verdict on the company’s plans to ‘go national’, revealed at the start of the weekend. On...

LSL Property Services, owner of Reeds Rains and Your Move agencies, has sold its holding in conveyancing panel management firm LMS...

With property fraud on the rise and an ever-increasing number of transactions taking place in the lettings sector, having strict anti-money laundering...

Britain’s second largest estate agency has outlined radical new plans to shift direction, making financial services and not sales or rentals...

Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...

The Property Franchise Group’s hybrid agency EweMove more than doubled its income in 2020 to £5m, according to a statement to...

An increased focus on the provision of financial services has helped boost the trading figures released today by LSL Property Services,...

Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...

OnTheMarket is to release its full year performance figures to shareholders on June 8. This will be for its trading year to January...

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...

Sky News is reporting that new portal Boomin is to announce the former chief executive of Sir Richard Branson’s business empire...

Winkworth says Covid and its aftermath will not derail plans to open five offices a year.  In a trading statement to shareholders...

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

Foxtons says it's set for radical new investment and further takeovers following the acquisition of rival London agency Douglas and Gordon. In...

The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...

It's been confirmed that Foxtons has bought rival London-focussed agency Douglas & Gordon. In a trading statement this morning Foxtons tells its...

Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact...

An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...

OnTheMarket says it’s going to increase investment in new products and services, and invest further in ‘internal website development resources’. In a...

Foxtons is in talks to takeover rival London agency Douglas & Gordon. A statement from Foxtons to shareholders this afternoon says: "Further to...

Countrywide shareholders have overwhelmingly backed the offer by Connells to buy the company. At a special virtual AGM today 99.58 per cent...

At the back-end of last year and the start of this, the biggest news stories in town – besides debates over...

It now looks likely that Hunters will be taken over by The Property Franchise Group after several months of talks, subject...

Connells, which already has the explicit support of a majority of Countrywide shareholders for its takeover of the company, has now...

Countrywide shareholders will next month have the opportunity to vote on the Connells bid to purchase the troubled estate agency group. The...

There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...

The speed and success of the Coronavirus vaccine programme holds the key to the housing market rebounding in the second half...

Connells has cemented its takeover of Countrywide - it now has backing from over 52 per cent of shareholders. In a statement...

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

In a dramatic New Year’s Eve statement on the London Stock Exchange, Countrywide has agreed the terms of a recommended offer...

ZPG, parent company of Zoopla, is to buy another comparison website business, in addition to running its existing Uswitch service. Insurance group...

Hunters has agreed to extend the deadline for talks about a possible takeover by its rival, The Property Franchise Group. In early...

Purplebricks says it’s to continue to test new pricing models next year - and has not ruled out completely moving away...

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...

Countrywide has this morning rejected an £80m offer made for it by Connells Group. On November 23 Connells announced that its due...

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

Purplebricks has issued a statement to its shareholders saying it’s ‘never been more relevant’. However, the expected radical change to its fees structure appears...

One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity...

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in...

OnTheMarket’s acting chief executive says the portal will embrace more social media and innovative marketing strategies in the coming period. Yesterday the...

OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent...

In July, here at Environet UK, we transferred 100% ownership of the company to our employees, in the form of an...

Franchise network Hunters has recorded strong figures for the first half of 2020 but a trading statement reveals the measures it...

OnTheMarket has this morning announced record leads during August, beating July’s previous record. The portal generated over two million leads in August, an...

Two City consultancies instructed by OnTheMarket have talked up the company’s fortunes after the appointment of its new chief executive.  Shore Capital, which in...

There’s been a surprise appointment as OnTheMarket chief executive. Instead of popular acting CEO Clive Beattie - who had made it known...

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

It must have been a close thing on Friday as to whose faces were looking the most glum - those at...

Rightmove’s new chief financial officer has a basic salary of £390,000 plus bonus options coming to a potential total of £1.75m. Alison Dolan has...

The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September...

    Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until...

A statement by OnTheMarket this morning reveals that as of the end of last month it had a record 14,000 advertisers...

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The...

The Say No To Rightmove campaign says the portal has merely kicked the fees can down the road, deferring a long-term...

The only story that has come remotely close to pushing coronavirus – and its various knock-on effects – off the top...

Troubled estate agency group Countrywide has invited shareholders to submit questions to the company ahead of its AGM later this month. Countrywide...

New figures released by Foxtons this morning show a collapse in commission income to the agency during the Coronavirus period. Sales commissions...

All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

Rightmove has confirmed that its group finance director is to step down at the end of next month. Robyn Perriss is retiring...

Foxtons - which has recently closed branches and furloughed staff - has described a shareholder rebellion over senior management bonuses and pay...

House builder Taylor Wimpey says its reopening show homes and sales centres next week, but for pre-booked appointments only. In a message...

Rightmove’s shareholders appear to have been generally unmoved by the string of protests against the portal in recent weeks. At the portal’s...

Rightmove has announced that it’s eligible to access the government’s Covid Corporate Financing Facility - the major loan facility made available to some...

Gareth Samples has been confirmed as the new chief executive of The Property Franchise Group, stepping into the role on Thursday...

The company at the centre of a controversy over estate agents’ business interruption insurance says its core package does NOT cover...

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

Purplebricks chief financial officer James Davies has resigned. His place has been taken by Andrew Botha, who has joined from the online...

OnTheMaket has this morning announced a raft of what it calls ‘mitigating measures’ to help it survive the Coronavirus crisis. These include...

Individual franchisees operating under the Winkworth banner are receiving what the company calls “comprehensive help” on a range of issues, including...

Savills has withdrawn its planned dividend to shareholders but says it could declare an "enhanced" payout at an unspecified later date. Only...

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the...

Rightmove has this morning told its shareholders it is “taking appropriate measures” to shore up the company. It gives no indication of...

A senior figure in the industry has spoken out against the shock sackings and branch closures announced by Spicerhaart. Jon Cooke, chief...

The two major portals have unveiled their discounts and deals for agents facing a dramatic loss of business because of the...

OnTheMarket this morning announced what it calls “a payment support initiative” for those agents paying full-price membership. It’s for three months and...

It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...

In a very brief announcement to the City and to its shareholders this morning, LSL Property Services made clear that it...

Countrywide has revealed a major hold-up in its supposedly "vital" sale of its commercial arm - and it is now seeking...

LSL Property Services says the Coronavirus crisis has led to a softening of "lead sales indicators" - and it warns of...

More than 18 months on from the acquisition of ZPG for £2.2 billion by Silver Lake Partners, a US private equity...

Rightmove has released another stonking set of results - but there are signs that some agents are defecting from the ever-more-expensive...

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

Rupert Sebag-Montefiore has this morning been named as a non-executive director of OnTheMarket. He will also serve as chairman of the portal’s...

Both Countrywide and LSL Property Services have submitted early online paperwork to The Panel on Takeovers and Mergers, an independent body...

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...

Countrywide has revealed a mysterious delay in the sale of its commercial arm, Lambert Smith Hampton - a sale considered crucial for the...

OnTheMarket claims its visitor total last month exceeded 30m, a new monthly record and an increase of some 28 per cent...

The Hunters franchise group says it’s now the third largest agency in the UK, and it promises to reveal a major...

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...

Winkworth says it’s achieved a big jump in London sales market share despite “an uncertain and difficult year that was dominated...

The Property Franchise Group - which operates five High Street agency brands and the EweMove hybrid - has set up a...

Savills says the decisive General Election result appears to have suddenly turned the market around and gave “a strong close to...

Purplebricks is not revealing details of the different pricing strategies it is testing “in the field” early this year. Last month the...

Rightmove has announced the start of a two-month share repurchase programme - a way of buying its own stock back from...

Countrywide’s share price yesterday went from little over 7p to 360p in one fell swoop. Is it the end of uncertainty about...

A new year dawns - but will 2020 bring new change for the agency industry now that the market appears to...

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares. Today's...

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares.         Earlier...

OnTheMarket has this morning announced it has raised £3.4m through a placing of shares. It has placed 4,857,143 new ordinary shares at a...

A statement made by Purplebricks in its trading statement yesterday appears to fly in the face of statements it has made...

OnTheMarket’s TV advert, promoting its ‘New & exclusive’ feature, will be back on screens from Boxing Day ahead of what it calls a...

OnTheMarket has this morning announced that as of December 2, over 3,000 more offices had been signed under new paying contracts...

We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...

A new portal claims it will do what OnTheMarket failed to do, and offer an agent-led operation charging every agency branch...

Countrywide has this morning revealed that its special general meeting of shareholders to agree the sale of its commercial arm will...

Rightmove has this morning named Andrew Fisher as its non-executive chairman, stepping into the role on January 1.  He succeed Scott Forbes,...

The Property Franchise Group has issued a trading statement that is upbeat on lettings but warns that the sales market has...

Purplebricks is to give its next trading update on General Election day, December 12, when it will tell shareholders the details...

The big question for the industry at the moment is the cost and future of portals.  This is especially key for agents...

Troubled London estate agency Foxtons says it has rewritten its remuneration policy for its senior management following a shareholder revolt at...

Rightmove has announced that Robyn Perris is to step down as finance director next year after 12 years at the company. During...

Purplebricks has this morning released a brief and relatively downbeat trading statement to the City and its shareholders. The statement applies to the...

Countrywide has declined to comment on circumstances surrounding today’s Royal Institution of Chartered Surveyors disciplinary meeting about diverted funds. One of RICS’...

The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes...

News broke last weekend of a further online estate agency casualty as letting agent Upad announced on its website that it...

Purplebricks' senior management avoided a shareholder revolt yesterday during the company's Annual General Meeting (AGM). Last weekend, it emerged via the Sunday...

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...

London agency Foxtons has announced some management changes - the first since a shareholder revolt at the firm’s annual general meeting...

All eyes will be on Purplebricks today to see if there is further development in what some believe is a long-term...

Troubled star fund manager Neil Woodford has sold another slice of his share in Purplebricks, prompting further speculation about the future...

Winkworth’s trading statement for the first half of 2019 show the company’s revenue and pre-tax profit both dipping slightly - but...

It’s been quite a week for news so you might have missed this story - there is yet another boost for...

OnTheMarket TV adverts return on Monday with what the portal calls “a refreshed version” giving more prominence to its ‘new and...

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...

A newspaper claims that a crowdfunding site used by some estate agencies and other property industry companies has suspended trading on...

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

Countrywide has told Estate Agent Today that it will not be releasing any figures on the branch closure programme it introduced...

OnTheMarket has applied to the London Stock Exchange for the release of over a million new shares to agents who have...

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead...

Nicky Stevenson has had a very varied and interesting career in property. She started out as a lettings negotiator for Nicholas...

Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...

Belvoir, the UK's largest property franchise, has changed its name - at least slightly - from Belvoir Lettings to Belvoir Group.  In...

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

The next key date to measure the progress of Countrywide’s controversial Back To Basics programme is at the end of this...

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

In the second part of my exploration of startups, I talk to a number of people with lived experience of creating...

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...

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

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

OnTheMarket claims monthly visits to its website hit a record 25.4m in May - but the portal’s latest update gives no...

A writer for the influential financial publication Money Week says investors should “steer clear” of Foxtons - at least for now. Sarah...

Countrywide’s shares took another battering yesterday as they plummeted below the psychologically-painful 5p mark - reflecting a 95 per cent loss of...

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...

Foxtons has warned shareholders and the City that sales volumes are at a “record low” and that the agency suffered another fall...

My article last week has sparked some really great engagement, which I’m delighted about!  Thank you to everyone who commented or dropped...

It’s not often we can enjoy beautiful sunshine on bank holidays, but I suppose this one was a particularly blessed weekend,...

The chairman of franchise giant Hunters says his company’s purchasing power is such that it secures 60 per cent discounts from...

OnTheMarket has applied to the London Stock Exchange for the release of shares to agents signing long term deals with the...

More than 800 property transactions fall through daily, which can have repercussions both practically and financially, as agents fail to get...

Many estate and letting agents are receiving more leads through OnTheMarket than through Rightmove, the challenger portal claims - and it...

Savills has this morning talked up its investment in onliner Yopa, which it claims is the sixth largest estate agency in...

Countrywide's report to shareholders this morning warns that the residential market is heading for a difficult 2019 which may hit the...

Rightmove has this morning given its 2018 report to shareholders, laying bare the huge financial wealth of the company which dominates...

Purplebricks’ eye-watering share price fall yesterday was greeted with widespread satisfaction by property professionals outside the online sector. The agency’s share price...

Purplebricks has this morning warned investors its foreign activities are not going as well as predicted - although it insists it is...

Interesting news this week from South Africa where the PropTech startup, Flow, has raised R20m in the country’s 'biggest PropTech seed...

The government has launched an official consultation about a new stamp duty surcharge - the long-awaited additional one per cent for...

The Property Franchise Group says its online/hybrid agency EweMove traded profitably throughout  last year and will show “a significant improvement” over...

A major restructuring of LSL Property Services has just been announced to shareholders, with substantial numbers of branch closures. The statement says...

The former chief executive of Emoov says he has the answer to Foxtons’ current downbeat performance - it should exploit its...

OnTheMarket says it now has listings agreements with more than 12,500 estate and lettings agency branches. In a statement to shareholders and...

Franchise giant Hunters, which started 2019 by announcing two new branches, is to open another four next month after an upbeat...

Connells’ brand Gascoigne Halman has lost its appeal against OnTheMarket. Gascoigne Halman challenged OTM’s old ‘one other portal’ rule at the Competition...

LSL Property Services - parent company of Your Move, Reeds Rains and London agency Marsh & Parsons - has given a...

Savills’ residential business grew market share last year in the UK despite what it calls “challenging conditions.” In a trading statement to...

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

Purplebricks has revealed that it’s given its new global chief operating officer 700,000 shares - valued at around £165p each that...

UBS, a Swiss multinational investment bank and financial services company based in Zurich and Basel, now owns approaching 10 per cent...

Rightmove has launched a share buy-back programme to run until late next month, February. Companies buy back their own shares to keep up...

OnTheMarket had told its shareholders this morning that it now has over 12,000 branches listing and is offering share incentives to...

The Times reports that crowdfunding investors are considering legal action following the collapse of Emoov. The investors in question appear to be some of...

The head of the portal PropertyMutual has accused Rightmove, Zoopla and OnTheMarket of being “corporate dinosaurs” and has called on agents...

Emoov has this afternoon appointed administrators as a result of not being able to secure a buyer - the move had...

OnTheMarket chief executive Ian Springett has told an agents’ conference of the strategy for his service - including a prediction that...

However mild the weather may have been for most of us, it’s a cold autumn for the online estate agency market...

Purplebricks says it has seen year-on-year revenue growth of about 20 per cent despite what its chairman calls “a challenging UK...

Countrywide has given Estate Agent Today exclusive details of progress on its Back To Basics programme as it seeks to recover...

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

Foxtons says its use of technology allows it to increase the reach of its branches - and claims this is behind...

Countrywide has announced the appointment of a new board member with “substantial restructuring and turnaround expertise.” Mark Shuttleworth became a non-executive director...

OnTheMarket has this morning announced that it now has signed listing agreements with more than 11,000 estate agency offices - over...

Hello and welcome to this week’s Agents Do Charity - another chance to hear about the remarkable fund-raising done by our...

Emoov’s founder Russell Quirk has outlined how he would help Britain get out of its current housing crisis to a Labour...

Shareholders in the ailing Countrywide agency group appeared to remain largely indifferent to the news that their executive chairman Peter Long...

The number of new franchise applicants reported by Winkworth in the first half of the year rocketed 135 per cent -...

EweMove is the country’s fifth largest online agency group based on transactions, and continues to make a profit according to its owner,...

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...

Countrywide may have enjoyed the overwhelming support of its major institutional shareholders for its controversial rescue plan, but the wider financial...

Countrywide’s embattled management leaders have been overwhelmingly backed by shareholders in their bid for additional funding. A General Meeting of shareholders was held...

Yopa, which says it is the second largest hybrid agency when measured by listings, has received a major new £20m investment. Savills -...

Countrywide’s eagerly-awaited General Meeting for shareholders takes place today and is widely expected to back the ailing agency group’s controversial rescue...

Countrywide’s share price defied the expectations of some analysts and rose over six per cent yesterday with the company moving from...

In yet another statement to the London Stock Exchange and shareholders, Countrywide says its last-gasp £140m fund-raising is likely to be...

Countrywide appears to have backtracked on a move which could have seen its three most senior executives receive some £20m in...

Welcome to this week’s Property Jobs Today - and as ever we have a breakdown of key moves within our industry. To...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...

We may be well into August but there’s little sign of a holiday for our industry, with a string of big...

It was interesting to see the recent story on Estate Agent Today about OnTheMarket (OTM) raising its fees after signing up...

Small print in the Countrywide rescue plan announced yesterday spells out in stark terms what could happen if the company’s bid...

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...

There have been two stories dominating the PropTech headlines over this past week. As WeWork places a gentle arm around the...

‘Up’ is the key word in Rightmove’s figures for the first half of 2018, released to the City and to shareholders...

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

At least one estate agency appears to be doing better than expected in the current challenging market - Hunters says sales...

Countrywide has not made any official statement about speculation over the weekend that it was about to seek an additional £100m investment. Estate...

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days.  The Sunday...

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

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

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

High-end housebuilder Berkeley Homes says “macro and political uncertainty, including Brexit” is leading to some developers previously building in London to...