Paul Creffield, a veteran figure at Countrywide involved in a controversy over bonuses, is staying on to “support” the transition into new...
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
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 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
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
Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....
22 August 2020
From: Features
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
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
The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...
22 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
There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...
30 June 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
An outspoken industry commentator says some of the country’s leading agencies are failing because they’re not actually run by experienced agents. Russell...
03 February 2020
From: Breaking News
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 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
Cash-strapped Countrywide has this morning announced that it is selling its commercial business, Lambert Smith Hampton, for £38m. In a surprise statement...
29 November 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
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
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
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
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
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
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
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 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
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
Countrywide, which was hit by a row over executive pay during the summer, is now on the look out for a...
06 December 2018
From: Breaking News
Hello and welcome to a new working week, which means your chance to catch up on the key moves in our...
08 October 2018
From: Breaking News
Countrywide has announced the appointment of a new board member with “substantial restructuring and turnaround expertise.” Mark Shuttleworth became a non-executive director...
04 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
Peter Long, the chairman of the troubled Royal Mail organisation, has stepped down from that role to focus full time on...
19 September 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 appears to have backtracked on a move which could have seen its three most senior executives receive some £20m in...
20 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
Sky News is reporting that Countrywide faces a new crisis - this time over senior management remuneration, particularly for its executive...
16 August 2018
From: Breaking News
We may be well into August but there’s little sign of a holiday for our industry, with a string of big...
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
The newly-appointed Group Managing Director of Countrywide says rumours of Hamptons International or other ‘crown jewels’ being put up for sale...
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
Press speculation suggests that Countrywide’s much-anticipated rights issue will this coming week aim to raise £125m - not just the £100m...
29 July 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
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
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
Peter Long, executive chairman of Countrywide, has resigned from another boardroom to focus on saving the troubled estate agency. Long has chosen...
18 July 2018
From: Breaking News
The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...
12 May 2018
From: Features
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
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
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
Countrywide’s attempt to rebuild its expertise pool following the Alison Platt era continues apace with the announcement today that John Hards...
26 March 2018
From: Breaking News
The long haul back for Countrywide appears to have begun with the first major name who left during the Alison Platt...
12 March 2018
From: Breaking News
In an exclusive and candid interview with Estate Agent Today, Countrywide chairman Peter Long has admitted that the company had been...
08 March 2018
From: Breaking News
The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...
08 March 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
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 magazine Property Week is reporting that Countrywide’s former chief executive Alison Platt, who quit her post this morning, will receive...
24 January 2018
From: Breaking News
Countrywide’s new management has taken immediate steps to try to stem the loss of market share by the troubled agency group,...
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
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
The UK's largest estate agency has announced that its finance chief will step down from its board next month and retire...
07 June 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...