It's reported that the Lomond estate agency group, which is heavily backed by private equity and which has expanded through serial...
Archive
The partners of Cluttons have completed a management buyout of the agency and property consultancy brand. James Gray continues as chief executive...
07 December 2023
From: Breaking News
Reapit has appointed Steve Richmond as general manager in charge of operations in its home market of the UK and Ireland. He...
07 December 2023
From: Breaking News
Proptech firm iamproperty has named a former eBay and MoneySupermarket executive as group chairman. Mark Lewis is the latest high profile recruit...
30 November 2023
From: Breaking News
Iamproperty, which champions the so-called Modern Method of Auction, has announced a private equity partner. A statement from the auction service says...
24 October 2023
From: Breaking News
OneDome has signalled an intention to acquire more mortgage brokers as it reveals its HomeBuyer service has helped return triple-digit year-on-year...
20 July 2023
From: Breaking News
TM Group, a high profile provider of data and technology services such as tmconvey, mio, and tmconnect, has been sold to...
10 July 2023
From: Breaking News
Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...
20 February 2023
From: Breaking News
Agency brand LSL has announced the sale of its new build mortgage and protection brokerage firms, Group First, which operates under...
16 January 2023
From: Breaking News
Challenger portal and homebuying support platform OneDome has acquired broker CMME Mortgage and Protection from the private equity-backed CMME Group. CMME Mortgage...
12 January 2023
From: Breaking News
One of the UK’s leading property companies has appointed marketing firm alan. agency to launch a crucial annual report. Knight Frank...
09 August 2022
From: Breaking News
For the record, this isn’t my last Industry Views for Estate Agent Today, although by the time you read this I'll be...
02 April 2022
From: Features
Lomond Group, which says it is the UK’s fastest-growing estate agency network, has appointed Ed Phillips as its new Group Chief...
08 March 2022
From: Breaking News
Leaders Romans Group, which is fast becoming one of the UK’s largest agencies, has acquired another firm. It’s the first purchase of...
03 March 2022
From: Breaking News
Bowmark Capital is selling its Leaders Romans Group, one of the UK’s largest property services groups, to another private equity operator, Platinum...
24 January 2022
From: Breaking News
The Lomond Group, reported over the weekend to be in talks to buy high-end London agency Chestertons, has this morning announced it’s...
20 December 2021
From: Breaking News
Sky News reports that the little-known Lomond Group - backed by private equity money - is in exclusive talks to buy one...
17 December 2021
From: Breaking News
The Portico agency - set up in 1818 - has become part of the Leaders Romans Group, which has bought it...
04 October 2021
From: Breaking News
There is a report that the private equity owner of Leaders Romans Group has appointed bankers to work on a ‘strategic...
06 September 2021
From: Breaking News
LSL Property Services, owner of Reeds Rains and Your Move agencies, has sold its holding in conveyancing panel management firm LMS...
27 May 2021
From: Breaking News
A Channel 4 property TV presenter is to become an estate agent. Kerr Drummond, who hosts Coast vs Country, has joined the...
25 May 2021
From: Breaking News
This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...
15 April 2021
From: Breaking News
The Bruce brothers' new portal Boomin has launched a day early - and no, this isn't an April Fool. The site went live...
01 April 2021
From: Breaking News
CRM supplier Reapit, backed by private equity funding, has entered into an international deal to acquire a leading Australian PropTech provider...
25 February 2021
From: Breaking News
Wild speculation about the sale of Dexters yesterday turned out to be plain wrong - and instead the company has landed substantial investment. Oakley Capital, a...
19 February 2021
From: Breaking News
This time out, I’m in conversation with one of the big three established portals. Since it was founded in 2007, Zoopla...
04 February 2021
From: Breaking News
At the back-end of last year and the start of this, the biggest news stories in town – besides debates over...
30 January 2021
From: Features
Connells, which already has the explicit support of a majority of Countrywide shareholders for its takeover of the company, has now...
26 January 2021
From: Breaking News
Countrywide shareholders will next month have the opportunity to vote on the Connells bid to purchase the troubled estate agency group. The...
25 January 2021
From: Breaking News
There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...
23 January 2021
From: Features
Connells has cemented its takeover of Countrywide - it now has backing from over 52 per cent of shareholders. In a statement...
08 January 2021
From: Breaking News
In a dramatic New Year’s Eve statement on the London Stock Exchange, Countrywide has agreed the terms of a recommended offer...
31 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
The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...
04 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
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
Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...
09 November 2020
From: Breaking News
It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...
09 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
At least two branches of a Countrywide agency have been closed, shortly before news broke of a proposal for a large...
23 October 2020
From: Breaking News
One of Countrywide’s largest shareholders has come out against a £90m investment package in the company proposed by a private equity...
22 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
In July, here at Environet UK, we transferred 100% ownership of the company to our employees, in the form of an...
07 October 2020
From: Features
Purplebricks has named a new non-executive director - and currently she has 36 other company directorships or partnerships to her name. Elona...
28 September 2020
From: Breaking News
Purplebricks chief financial officer James Davies has resigned. His place has been taken by Andrew Botha, who has joined from the online...
17 April 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
A key figure behind the setting up of Foxtons has been named as the new chief executive of one of the...
17 March 2020
From: Breaking News
Any bid by Zoopla and OnTheMarket to displace Rightmove as the number one portal in the UK is at best expensive...
05 March 2020
From: Breaking News
More than 18 months on from the acquisition of ZPG for £2.2 billion by Silver Lake Partners, a US private equity...
29 February 2020
From: Features
Hello and welcome to the first Property Jobs Today of 2020 - and we’ve plenty to report even with the New...
06 January 2020
From: Breaking News
A sales agency based in Warrington and set up originally to market new homes in Manchester is now expanding into Shanghai...
15 November 2019
From: Breaking News
A few details of a possible takeover or acquisition of Countrywide have started to emerge. The possibility was first floated in yesterday’s...
20 August 2019
From: Breaking News
Two of the highest profile independent estate agencies in the north of England have merged following a spectacular acquisition. Linley & Simpson...
17 July 2019
From: Breaking News
The monthly index of house price changes in Britain’s major cities, for many years operated under the Hometrack banner, has been...
30 January 2019
From: Breaking News
Zoopla is radically changing its strategy by exploiting the freedom it has under its new private equity ownership. That’s the conclusion of...
16 January 2019
From: Breaking News
There’s nothing new about identifying 10 figures who have helped shape an industry over the past year, but that doesn’t mean...
28 December 2018
From: Features
Another year is nearly done – and what an eventful year it’s been. We’ve had more than our fair share of breaking...
22 December 2018
From: Features
The ‘new broom’ owners of Zoopla have revealed that Gary Bramall is to be the firm’s new chief marketing officer charged with...
07 December 2018
From: Breaking News
Zoopla founder Alex Chesterman - who sold the portal company for more than £2.2 billion to US private equity fund Silver...
03 December 2018
From: Breaking News
To say legendary ZPG founder and CEO Alex Chesterman left big boots to fill when he stepped back from day-to-day operations...
24 November 2018
From: Features
Given that online property portals, dominated by a handful of websites, are by far the most popular home search method, it...
17 November 2018
From: Features
The online auction platform BidX1 has announced a strategic investment which will be used to accelerate its growth. The investment comes from...
04 September 2018
From: Breaking News
The business editor of right wing political weekly The Spectator says “what’s bad for Foxtons is on the whole likely to...
06 August 2018
From: Breaking News
Foxtons share price hit a new low yesterday, dropping to only 46p early in the afternoon: it eventually closed narrowly up...
19 July 2018
From: Breaking News
First things first, I have to mention the World Cup. The dream is over, football’s not quite coming home (not until...
14 July 2018
From: Features
Two online agents and a number of PropTech companies have been named in startups.co.uk's Startups 100 index. Coming in at number 64...
22 May 2018
From: Breaking News
Estate Agent Today understands that Humberts will announce a possible buyer of some of its agency activities this week - on...
08 May 2018
From: Breaking News
New online auction house BidX1 says it has raised £2,087,000 from its second UK auction, posting a 70 per cent success...
03 May 2018
From: Breaking News
The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...
26 January 2018
From: Breaking News
Countrywide’s share price hit a record low during trading yesterday afternoon when it dropped to 137.75p, having opened the day at...
25 August 2017
From: Breaking News
Reports in the commercial property industry publication Property Week suggest there may be difficulties concerning the sale of Countrywide’s commercial operation,...
08 May 2017
From: Breaking News
Consolidation continues apace amongst traditional estate agents. The raft of pressures on agents is increasing and these pressures have two strong...
14 January 2017
From: Features
Private equity financier Nick Ferguson is to become chairman of Savills in May. Ferguson’s CV includes his current role as chairman of...
28 January 2016
From: Breaking News
A new agency called Sphere Estates will launch next month following a management buy-out of high end overseas property agency Abercrombie...