It's been confirmed that Foxtons has bought rival London-focussed agency Douglas & Gordon. In a trading statement this morning Foxtons tells its...
Archive
02 March 2021
From: Breaking News

Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact...
26 February 2021
From: Breaking News

Connells Group says it is the UK's largest estate agency group by market share - and that's before the Countrywide acquisition...
24 February 2021
From: Breaking News

OnTheMarket says it’s going to increase investment in new products and services, and invest further in ‘internal website development resources’. In a...
23 February 2021
From: Breaking News

Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...
18 January 2021
From: Breaking News

The speed and success of the Coronavirus vaccine programme holds the key to the housing market rebounding in the second half...
15 January 2021
From: Breaking News

Mystery still surrounds the number of homes actually sold by Purplebricks, despite upbeat statements regarding the number of instructions it wins. The...
16 December 2020
From: Breaking News

Purplebricks says it’s to continue to test new pricing models next year - and has not ruled out completely moving away...
15 December 2020
From: Breaking News

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...
14 December 2020
From: Breaking News

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...
11 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

Belvoir has become the latest major agency group to sign up to Boomin as a founder agent. The properties of all four...
03 December 2020
From: Breaking News

Countrywide has this morning rejected an £80m offer made for it by Connells Group. On November 23 Connells announced that its due...
02 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

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...
23 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

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...
09 November 2020
From: Breaking News

Knight Frank is in talks with HM Revenue and Customs to return furlough money as a result of relatively strong trading, notwithstanding...
03 November 2020
From: Breaking News

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...
02 November 2020
From: Breaking News

A trading statement from Foxtons this morning provides a rare piece of good news for the troubled London agency. It says business...
29 October 2020
From: Breaking News

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in...
22 October 2020
From: Breaking News

OnTheMarket’s acting chief executive says the portal will embrace more social media and innovative marketing strategies in the coming period. Yesterday the...
14 October 2020
From: Breaking News

OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent...
13 October 2020
From: Breaking News

OnTheMarket says it’s going to issue its next trading statement one week today on October 13. This will cover the first six...
06 October 2020
From: Breaking News

The agency leading the Say No To Rightmove campaign has returned all of its offices and brands to Zoopla. The Acorn Group,...
02 October 2020
From: Breaking News

Franchise network Hunters has recorded strong figures for the first half of 2020 but a trading statement reveals the measures it...
30 September 2020
From: Breaking News

OnTheMarket has this morning announced record leads during August, beating July’s previous record. The portal generated over two million leads in August, an...
10 September 2020
From: Breaking News

Hybrid agency EweMove has outperformed its traditional sister companies within The Property Franchise Group over the past six months. That’s the clear...
09 September 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

Connells Group has announced its trading statement for the first half of 2020 - and its support for its staff is...
12 August 2020
From: Breaking News

An investment adviser says Purplebricks remains “far too risky” for investors even though it now has “a fighting chance of survival”. Rodney...
10 August 2020
From: Breaking News

It must have been a close thing on Friday as to whose faces were looking the most glum - those at...
08 August 2020
From: Features

Almost all estate agents are still saying Yes to Rightmove, according to figures produced by the portal this morning. Membership numbers for...
07 August 2020
From: Breaking News

The UK residential activities of high-end agency Savills suffered a 54 per cent reduction in profits and an eight per cent...
07 August 2020
From: Breaking News

The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...
05 August 2020
From: Breaking News

Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until...
03 August 2020
From: Breaking News

Purplebricks has revealed that its new board member is one of the world’s leading digital executives. Dr Stephanie Caspar is the new...
29 July 2020
From: Breaking News

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...
28 July 2020
From: Breaking News

The EweMove hybrid agency has been singled out for special praise in a trading statement from its parent company, which also...
24 July 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

Purplebricks is selling its Canadian business. The sale comes little over a year after the troubled agency closed both its failed Australian and...
15 July 2020
From: Breaking News

One of the key members of the Purplebricks board has stood down after two years. Andreas Wiele joined the Purplebricks board in...
30 June 2020
From: Breaking News

Countrywide has released details of its trading performance, including the knock its income has received as a result of the housing...
26 June 2020
From: Breaking News

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The...
26 June 2020
From: Breaking News

Revenue for The Property Franchise Group was hit by 20 per cent cent thanks for the lockdown - but sales listings...
26 June 2020
From: Breaking News

OnTheMarket says in a trading statement this morning that as of May 31 only some 9,000 branches were on paying contracts...
11 June 2020
From: Breaking News

LSL Property Services has this morning released details of its response to the Coronavirus crisis. All members of its board have taken...
05 June 2020
From: Breaking News

OnTheMarket is to issue its annual figures next Thursday, June 11. The report only covers the portal company’s financial year which ended...
05 June 2020
From: Breaking News

The Property Franchise Group - parent company of six agency brands including EweMove and Martin & Co - says all of...
05 June 2020
From: Breaking News

New figures released by Foxtons this morning show a collapse in commission income to the agency during the Coronavirus period. Sales commissions...
26 May 2020
From: Breaking News

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...
21 May 2020
From: Breaking News

Countrywide’s senior staff earning over £45,000 per year have had their pay cut by a fifth while some 78 per cent...
30 April 2020
From: Breaking News

Individual franchisees operating under the Winkworth banner are receiving what the company calls “comprehensive help” on a range of issues, including...
07 April 2020
From: Breaking News

Staff and senior management at a large franchise company running a string of major High Street agency brands are taking voluntary...
02 April 2020
From: Breaking News

Savills has withdrawn its planned dividend to shareholders but says it could declare an "enhanced" payout at an unspecified later date. Only...
02 April 2020
From: Breaking News

LSL Property Services says one of its measures to “rightsize” the organisation during the Coronavirus crisis will be to put agents...
31 March 2020
From: Breaking News

Purplebricks has this morning revealed what it calls “immediate and significant measures to preserve cash and implement a lean operating model”...
30 March 2020
From: Breaking News

Rightmove has this morning told its shareholders it is “taking appropriate measures” to shore up the company. It gives no indication of...
27 March 2020
From: Breaking News

In an ominous and unexpected trading statement this morning, Foxtons says it will take “all necessary steps” to remain in business. It...
20 March 2020
From: Breaking News

OnTheMarket this morning announced what it calls “a payment support initiative” for those agents paying full-price membership. It’s for three months and...
19 March 2020
From: Breaking News

There’s been widespread outrage amongst agents at Rightmove’s offer to allow some agents a deferred payment scheme operating for just three...
19 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

Savills is the latest agency to warn about the possible threat of Coronavirus to its business activities and success this year. In...
12 March 2020
From: Breaking News

OnTheMarket has announced this morning that it has given notice to its chief executive, Ian Springett, with immediate effect. The troubled portal's...
09 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 released another stonking set of results - but there are signs that some agents are defecting from the ever-more-expensive...
28 February 2020
From: Breaking News

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...
28 February 2020
From: Breaking News

Purplebricks and Countrywide have each recently claimed to be the biggest agency group in the UK but now Connells says that...
27 February 2020
From: Breaking News

Foxtons has this morning announced that chairman Garry Watts is to retire from his position on March 1. He is also quitting...
20 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

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

Countrywide has revealed a mysterious delay in the sale of its commercial arm, Lambert Smith Hampton - a sale considered crucial for the...
07 February 2020
From: Breaking News

The Hunters franchise group says it’s now the third largest agency in the UK, and it promises to reveal a major...
31 January 2020
From: Breaking News

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...
30 January 2020
From: Breaking News

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...
28 January 2020
From: Breaking News

Winkworth says it’s achieved a big jump in London sales market share despite “an uncertain and difficult year that was dominated...
16 January 2020
From: Breaking News

Zoopla has revealed large growth in agency membership and visitor figures for 2019. Since being bought by US equity firm Silver Lake,...
15 January 2020
From: Breaking News

Savills says the decisive General Election result appears to have suddenly turned the market around and gave “a strong close to...
14 January 2020
From: Breaking News

Purplebricks is not revealing details of the different pricing strategies it is testing “in the field” early this year. Last month the...
06 January 2020
From: Breaking News

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares. Earlier...
27 December 2019
From: Breaking News

A statement made by Purplebricks in its trading statement yesterday appears to fly in the face of statements it has made...
13 December 2019
From: Breaking News

Purplebricks says it’s put four different pricing strategies into the market with a view to testing them in 2020. In a trading...
12 December 2019
From: Breaking News

A trading statement this morning by LSL Property Services - owners of Reeds Rains, Your Move and Marsh & Parsons -...
02 December 2019
From: Breaking News

The Property Franchise Group has issued a trading statement that is upbeat on lettings but warns that the sales market has...
21 November 2019
From: Breaking News

Purplebricks is to give its next trading update on General Election day, December 12, when it will tell shareholders the details...
19 November 2019
From: Breaking News

Foxtons has revealed that the chair of the troubled agency’s remuneration committee has stood down with immediate effect. This are also unconfirmed...
15 November 2019
From: Breaking News

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

Purplebricks has this morning released a brief and relatively downbeat trading statement to the City and its shareholders. The statement applies to the...
07 November 2019
From: Breaking News

Foxtons' latest trading statement shows another fall in sales revenue - but this time lettings income is down too. In an announcement...
31 October 2019
From: Breaking News

Knight Frank - which a year ago loudly announced a 14 per cent profits leap - has now reported an 11...
22 October 2019
From: Breaking News

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

A trading statement from OnTheMarket reveals that fewer agents than anticipated have so far converted from free or discounted deals to...
27 September 2019
From: Breaking News

Winkworth’s trading statement for the first half of 2019 show the company’s revenue and pre-tax profit both dipping slightly - but...
12 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

Franchise giant Hunters says its branch network has now hit 200 following a spate of acquisitions in the first half of...
06 September 2019
From: Breaking News

Speculation is growing about the future of online agency Yopa. This follows a key resignation from Yopa’s board and one expert’s analysis...
22 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

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...
14 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

Former Countrywide employees who take to social media or the mainstream press to criticise the company are betraying those who remained...
02 August 2019
From: Breaking News

Connells Group has repeated its claim, made in recent months in the light of trading figures, that it is now the...
02 August 2019
From: Breaking News

Countrywide has told Estate Agent Today that it will not be releasing any figures on the branch closure programme it introduced...
01 August 2019
From: Breaking News

After months of difficulties and closures for many online and hybrid estate agencies, EweMove claims to have bucked the trend. In a...
01 August 2019
From: Breaking News

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...
31 July 2019
From: Breaking News

Connells Group has this morning announced a profits dip for the first six months of the year. Its pre-tax profits were £26.2m...
31 July 2019
From: Breaking News

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead...
30 July 2019
From: Breaking News

LSL Property Services, parent firm of Your Move and Reeds Rains, says the company’s branch closure programme was a success with profits...
30 July 2019
From: Breaking News

Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...
26 July 2019
From: Breaking News

Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...
26 July 2019
From: Breaking News

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

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

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...
04 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

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

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

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

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

The founder of franchise giant Belvoir, Mike Goddard, has now stepped down as chair of the company, two years after quitting...
17 May 2019
From: Breaking News

In a shock announcement Purplebricks says founder Michael Bruce is to leave the business and its Australian operation will shut. “With hindsight, our rate of...
07 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 this morning revealed that group income is down yet again - it blames continuing Brexit-related problems. It says: “The ongoing...
30 April 2019
From: Breaking News

OnTheMarket has applied to the London Stock Exchange for the release of over 528,000 new shares to agents who have signed...
30 April 2019
From: Breaking News

Hybrid estate agency has reported a modest pre-tax profit of some £400,000 as part of the 2018 results of its parent...
09 April 2019
From: Breaking News

Winkworth’s latest trading statement reveals that while its rental side blossomed, sales suffered thanks to the familiar cocktail of Brexit, uncertainty...
04 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

Savills has this morning talked up its investment in onliner Yopa, which it claims is the sixth largest estate agency in...
14 March 2019
From: Breaking News

Family-run Chelsea agency Russell Simpson is marking 40 years of business by expanding for the first time in its history, opening...
13 March 2019
From: Breaking News

Countrywide’s executive chairman and group managing director have spoken to Estate Agent Today about the impact of Brexit on the company,...
07 March 2019
From: Breaking News

LSL Property Services, the parent company of Your Move and Reeds Rains, has substantially 'written down' its investment in online estate...
05 March 2019
From: Breaking News

Rightmove has this morning given its 2018 report to shareholders, laying bare the huge financial wealth of the company which dominates...
01 March 2019
From: Breaking News

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

Connells Group says investment in PropTech will be the way to safeguard its almost-600 High Street branches - and it’s repeated...
28 February 2019
From: Breaking News

The chief executive and founder of a developer and property investment group says Purplebricks is “an excellent business” but its recent...
27 February 2019
From: Breaking News

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

Purplebricks has this morning warned investors its foreign activities are not going as well as predicted - although it insists it is...
21 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

A trading statement this morning from beleaguered agency group Countrywide reveals that its revenue is down again - but it insists...
13 February 2019
From: Breaking News

New figures released this morning from OnTheMarket claim its listing inventory bis now over 80 per cent of the size of...
06 February 2019
From: Breaking News

The Property Franchise Group says its online/hybrid agency EweMove traded profitably throughout last year and will show “a significant improvement” over...
06 February 2019
From: Breaking News

OnTheMarket says it now has listings agreements with more than 12,500 estate and lettings agency branches. In a statement to shareholders and...
05 February 2019
From: Breaking News

Foxtons has reported further small slides in both revenue and profits for 2018 - but sales income plummeted from £43m to...
31 January 2019
From: Breaking News

Franchise giant Hunters, which started 2019 by announcing two new branches, is to open another four next month after an upbeat...
31 January 2019
From: Breaking News

LSL Property Services - parent company of Your Move, Reeds Rains and London agency Marsh & Parsons - has given a...
22 January 2019
From: Breaking News

Savills’ residential business grew market share last year in the UK despite what it calls “challenging conditions.” In a trading statement to...
16 January 2019
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

Belvoir has this morning announced that it has acquired MAB Glos, part of the Mortgage Advice Bureau. The £3.6m deal, done through...
27 November 2018
From: Breaking News

East Midlands estate and lettings agency Jackson Grundy has signed up to OnTheMarket. The firm, with its Northampton headquarters, has 10 sales...
27 November 2018
From: Breaking News

Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its...
13 November 2018
From: Breaking News

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

Countrywide has given Estate Agent Today exclusive details of progress on its Back To Basics programme as it seeks to recover...
31 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

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

Foxtons is shutting its Park Lane office - the flagship of the agency in prime central London’s Mayfair. Estate Agent Today was...
08 October 2018
From: Breaking News

The number of new franchise applicants reported by Winkworth in the first half of the year rocketed 135 per cent -...
13 September 2018
From: Breaking News

EweMove is the country’s fifth largest online agency group based on transactions, and continues to make a profit according to its owner,...
12 September 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 embattled management leaders have been overwhelmingly backed by shareholders in their bid for additional funding. A General Meeting of shareholders was held...
28 August 2018
From: Breaking News

Yopa, which says it is the second largest hybrid agency when measured by listings, has received a major new £20m investment. Savills -...
28 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

In yet another statement to the London Stock Exchange and shareholders, Countrywide says its last-gasp £140m fund-raising is likely to be...
21 August 2018
From: Breaking News

Today sees the first of a series of important deadlines which will determine the success of otherwise of Countrywide’s controversial rescue...
17 August 2018
From: Breaking News

Rumours abound over the future of Countrywide, which lost further share value on Friday, closing very slightly down on the day...
13 August 2018
From: Breaking News

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

High-end agency and international property consultancy Savills has reported strong half-year figures for its UK business - but warns that Brexit...
09 August 2018
From: Breaking News

OnTheMarket has signed up 12-office regional agency Robert Oulsnam and Company. The firm, which handles sales and lettings, has 12 offices in...
08 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

Small print in the Countrywide rescue plan announced yesterday spells out in stark terms what could happen if the company’s bid...
03 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

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and...
01 August 2018
From: Breaking News

The Financial Times this morning says that Countrywide suffered a failed bond issue earlier this year, forcing it to rely on...
01 August 2018
From: Breaking News

Connells Group - which now says it’s the country’s largest estate agency by market share and numbers of homes sold -...
01 August 2018
From: Breaking News

A trading statement this morning from The Property Franchise Group says its online brand, EweMove, is still trading profitably - and...
01 August 2018
From: Breaking News

An analyst for business data consultancy Bloomberg has some news for Foxtons - he says its swashbuckling days are over and...
01 August 2018
From: Breaking News

As if to prove there are two ways to interpret every figure, a new analysis of Rightmove’s recent trading statement suggests...
31 July 2018
From: Breaking News

The parent company of Your Move, Reeds Rains and other agency brands has succeeded where Foxtons yesterday did not - in...
31 July 2018
From: Breaking News

Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...
30 July 2018
From: Breaking News

‘Up’ is the key word in Rightmove’s figures for the first half of 2018, released to the City and to shareholders...
27 July 2018
From: Breaking News

OnTheMarket has now signed listing agreements with UK estate and letting agents with a total of over 10,000 offices - but...
26 July 2018
From: Breaking News

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...
24 July 2018
From: Breaking News

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...
24 July 2018
From: Breaking News

At least one estate agency appears to be doing better than expected in the current challenging market - Hunters says sales...
24 July 2018
From: Breaking News

Countrywide has not made any official statement about speculation over the weekend that it was about to seek an additional £100m investment. Estate...
23 July 2018
From: Breaking News

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days. The Sunday...
22 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

Another update from OnTheMarket this morning claims the portal is now listing over 550,000 UK residential property listings, in excess of...
04 July 2018
From: Breaking News

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

The creative agency behind the new round of Purplebricks Commisery TV advertisements have been explaining the philosophy they brought to the...
02 July 2018
From: Breaking News

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

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

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post...
10 May 2018
From: Breaking News

OnTheMarket says it has now struck listing agreements with 7,500 agency branches, adding over 2,000 branches since floating on the London stock...
02 May 2018
From: Breaking News

Countrywide, the troubled agency group which today holds its annual general meeting, says it is “encouraged by the early progress that...
25 April 2018
From: Breaking News

Franchise giant Hunters says independent agencies which joined the firm in recent years have typically beaten the performance of the housing market. Chief...
13 April 2018
From: Breaking News

The Property Franchise Group has this morning reported strong figures for 2017 with news that its hybrid brand EweMove traded profitably...
10 April 2018
From: Breaking News

Winkworth, the agency which released its 2017 results this morning, says the franchise business model it supports is more resilient than others...
28 March 2018
From: Breaking News

Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out...
27 March 2018
From: Breaking News

One of the leading PropTech analysts says Rightmove’s huge success means that it has two difficult choices ahead if it is...
16 March 2018
From: Breaking News

Savills has reported good figures for 2017 although most of its strongest performance was outside the world of residential property. In a...
15 March 2018
From: Breaking News

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...
09 March 2018
From: Breaking News

Foxtons has reported its 2017 figures to shareholders and the City this morning and as expected they show sharp falls in...
28 February 2018
From: Breaking News

Industry and financial analysts are preparing for what may well be another round of difficult trading figures from London agency Foxtons. Tomorrow...
27 February 2018
From: Breaking News

In an unexpected trading statement this morning, OnTheMarket says it has signed 243 new listing agreements within its first 10 days...
23 February 2018
From: Breaking News

Rightmove has reported another very large leap in revenue in 2017 and a modest rise in agency and new home customers...
23 February 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

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

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

LSL Property Services is beefing up the mortgage arm of its activities. It has acquired the mortgage adviser network Personal Touch in...
01 February 2018
From: Breaking News

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

ZPG says it anticipates a strong 2018 according to a trading statement ahead of the company’s annual general meeting today. The firm...
30 January 2018
From: Breaking News

Foxtons has this morning given details of a sharp fall in both profits and revenue, wirth sales significantly falling away and...
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

Mortgage Advice Bureau has batted off the flat housing market by reporting good figures for 2017. Revenue for the year increased by...
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

Connells Group’s estate agency business increased its market share of new instructions in 2017 by almost four per cent, despite a...
19 January 2018
From: Breaking News

A trading statement from Countrywide this morning continues the decline shown by the agency group in recent years. It says total income...
18 January 2018
From: Breaking News

Purplebricks’ latest trading statement for the six months ending October 31 claims a large rise in revenue, its number of UK...
13 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

LSL Property Services - which includes Your Move, Reeds Rains and other high street estate agencies - batted away any housing...
30 November 2017
From: Breaking News

Countrywide's decision to 'pause' the roll-out of its online option for sellers and landlords is "unforgivable and dumbfounding" according to a...
14 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

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

Purplebricks' latest trading statement, issued this morning, claims "good progress" and says its revenue in the UK for the first half...
29 September 2017
From: Breaking News

Winkworth says solid performances from its lettings and property management services, plus new franchise deals, have compensated for a challenging sales...
14 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

Hunters’ figures for the six months to the end of June show small rises in income and turnover but a substantial...
08 September 2017
From: Breaking News

Countrywide Surveying Services has been appointed by Virgin Money as its partner to support borrowers for new build, custom build and...
01 September 2017
From: Breaking News

Speculation is growing that one of the most senior executives in the Countrywide management team may be leaving the organisation. Countrywide and...
17 August 2017
From: Breaking News

The Sunday Times made uncomfortable reading for Purplebricks yesterday as the newspaper raised more questions about the number of homes the...
14 August 2017
From: Breaking News

Savills has reported strong figures for the first half of 2017 across its worldwide activities, but its UK residential divisions have...
11 August 2017
From: Breaking News

LSL Property Services - owners of Your Move, Reeds Rains and Marsh & Parsons amongst estate agency brands - has enjoyed...
01 August 2017
From: Breaking News

A City analyst has fuelled speculation that Rightmove has a goal to increase its monthly average revenue from each agency from...
31 July 2017
From: Breaking News

In its latest report to shareholders, Rightmove has revealed yet more growth in agent numbers, traffic to its website, revenue per...
28 July 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

Countrywide has revealed a massive plunge in its profits for the first six months of 2017. Pre-tax profit for the six months...
27 July 2017
From: Breaking News

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...
27 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

LSL Property Services does not report its figures for the first half of 2017 until August 1, but even so it...
18 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 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

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the...
29 June 2017
From: Breaking News

ZPG has published its half-year figures this morning showing a six per cent rise in the number of agents and a...
24 May 2017
From: Breaking News

A respected City analyst has pointedly dissed Purplebricks over its allegedly modest inventory of homes for sale and rent. Antony Codling of...
18 May 2017
From: Breaking News

EweMove, the online brand owned by the Property Franchise Group, now has 108 franchisees - 97 are fully operational and 11...
10 May 2017
From: Breaking News

The next few weeks leading to the General Election on June 8 are likely to have “a short term adverse impact...
10 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

Purplebricks has this morning issued its latest trading update, reporting what it calls "strong growth" in the UK and updating investors on...
04 May 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 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

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

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...
31 March 2017
From: Breaking News

Savills has revealed relatively strong figures for 2016 in its report to the City this morning, with group revenue up 13...
22 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 revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises,...
13 March 2017
From: Breaking News

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...
09 March 2017
From: Breaking News

Foxtons' figures released to the City this morning confirm a huge slump in sales in 2016 - and even lettings revenue...
08 March 2017
From: Breaking News

Connells Group has announced strong figures for 2016 with the total number of properties sold rising five per cent and lettings...
02 March 2017
From: Breaking News

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...
24 February 2017
From: Breaking News

Purplebricks has raised £50m through a share issue to fund expansion into the United States later this year. In an announcement to shareholders...
23 February 2017
From: Breaking News

Connells Group’s estate agency business recorded an eight per cent increase in exchanges in 2016 over the previous year, and says...
21 February 2017
From: Breaking News

A house builder has set aside £7m to spend on repairs to its own new properties after a series of complaints...
21 February 2017
From: Breaking News

Hybrid agency EweMove is rapidly expanding its network footprint this year and will be a “challenger brand” deliberately designed to be...
03 February 2017
From: Breaking News

Foxtons has revealed that in the final quarter of last year its revenues were only £26m - down a quarter on...
11 January 2017
From: Breaking News

Zoopla Property Group's estate agency membership grew five per cent and its property listing inventory was up 10 per cent in...
30 November 2016
From: Breaking News

A trading update released by Countrywide this morning shows a 29 per cent slump in London exchanges in the third quarter...
24 November 2016
From: Breaking News

LSL Property Services has sold its remaining stake in Zoopla Property Group according to a City report. LSL - which includes High...
02 November 2016
From: Breaking News

In a surprise announcement this morning, Foxtons has revealed that its total revenues in the past three months dropped 14 per...
19 October 2016
From: Breaking News

The government’s housing policy, while helpful outside London, has had a negative effect on the capital according to one of the...
07 September 2016
From: Breaking News

With more house-hunters than ever now starting their search for a new home by typically looking online on one of the major...
17 June 2016
From: Features

Several stock market analysts have published reports on Zoopla's half-year trading statement released yesterday. Anthony Codling of Jefferies – the firm which...
26 May 2016
From: Breaking News

Purplebricks Group has issued a trading statement to the City - with another dramatic revenue increase and a claim that the...
11 May 2016
From: Breaking News

Another agency has warned of the likely market slowdown caused by the June 23 EU referendum and political uncertainty over the...
28 April 2016
From: Breaking News

A City investment consultancy says one leading private agency chain has slashed its fees to 0.5 per cent in order to...
27 April 2016
From: Breaking News

Countrywide has taken the highly-unusual step of announcing that it will reveal key performance indicators every six months, come rain or...
29 February 2016
From: Breaking News

Financial analysts at City consultancy Jefferies - which helped Countrywide float on the stock market - say 2016 is a key...
26 February 2016
From: Breaking News

The chief executive of Countrywide says there’s “no change of course” after a 37 per cent slump in operating profits were...
25 February 2016
From: Breaking News

A trading statement from London agency Foxtons shows group turnover up four per cent in 2015 to £150m - but that...
04 February 2016
From: Breaking News

In the latest of many mixed signals from the housing market, a survey by agents Your Move and Reeds Rains suggests...
29 January 2016
From: Breaking News

Sales and lettings franchise giant Hunters has told the City it is anticipating “significant expansion” this year through additional franchises and...
28 January 2016
From: Breaking News

Zoopla has confirmed that its next date for announcing its agency membership totals - part of its ongoing rivalry with OnTheMarket...
22 January 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

The UK’s largest estate agency group has upgraded its profits forecast to the City - just over 10 weeks after issuing...
21 January 2016
From: Breaking News

One of the UK's largest property franchises has reported strong figures in an interim trading statement to the City - with group...
21 January 2016
From: Breaking News

Zoopla says it will later this week give an update on the number of agents it now has as members -...
19 October 2015
From: Breaking News

OnTheMarket has queried the listings inventory detailed in Zoopla’s half-year trading statement. Zoopla Property Group reported that its listings inventory had increased...
24 August 2015
From: Breaking News

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

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Rightmove's half...
31 July 2015
From: Video Articles

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Rightmove's half...
31 July 2015
From: Breaking News

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on Zoopla's trading...
22 May 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...