The share price of Rightmove dropped some 6% yesterday on the back of an announcement that it was terminating the listings...
Archive
A respected UK fund manager has hailed Rightmove as a key part of his investments to help turnaround the portfolio’s fortunes. Nick...
31 May 2024
From: Breaking News
Foxtons has been backed by a senior analyst to return to its previous peak earnings. A note from Singer Capital Markets suggested...
15 May 2024
From: Breaking News
Foxtons’ share price got a mini boost on Monday morning after rumours that the agency brand is preparing for a sale. The...
16 April 2024
From: Breaking News
The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...
08 August 2023
From: Breaking News
OnTheMarket critic Brett Stone has issued a second open letter to shareholders of the portal, accusing it of “irresponsibly diluting shareholders”...
01 August 2023
From: Breaking News
Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...
16 June 2023
From: Breaking News
Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...
22 May 2023
From: Breaking News
Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...
12 May 2023
From: Breaking News
Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...
10 May 2023
From: Breaking News
LSL Property Services’ share price hit a six-month high during trading yesterday after it announced its entire estate agency network would...
05 May 2023
From: Breaking News
Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...
20 April 2023
From: Breaking News
LSL Property Services’ share price dipped yesterday after posting an operating loss in its 2022 annual accounts. Its results showed a group...
14 April 2023
From: Breaking News
Purplebricks’ share price hit a new low during trading yesterday amid its latest update on the potential sale of the beleaguered...
13 April 2023
From: Breaking News
News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...
16 March 2023
From: Breaking News
Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...
06 March 2023
From: Breaking News
Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...
21 February 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
Purplebricks’ share price hit a new low of 9.02p yesterday despite its chairman Paul Pindar surviving a crunch vote to oust him. Lecram...
20 December 2022
From: Breaking News
Estate agency branches are bracing themselves for “a very difficult few months,” the National Association of Property Buyers (NAPB) claims. The NAPB...
01 December 2022
From: Breaking News
I’ve just read an article saying that this is the time of the online estate agency. The time in question is, of...
26 November 2022
From: Features
Rightmove has named Johan Svanström, former chief executive of travel booking website Expedia Group Inc and McDonald's Corp as its new...
24 October 2022
From: Breaking News
Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...
11 October 2022
From: Breaking News
The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...
10 October 2022
From: Breaking News
Estate agency share prices had a mixed response to dire warnings about housing demand and prices issued by HSBC last week. The...
05 September 2022
From: Breaking News
Double-think, for those who have not read George Orwell, is when people are expected to accept two conflicting beliefs as truth,...
06 August 2022
From: Features
Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...
12 July 2022
From: Breaking News
Foxtons is rumoured to have raided London rival Chestertons for its chief executive Guy Gittins. Estate Agent Today revealed on Friday that...
29 May 2022
From: Breaking News
Rightmove’s share price hit its lowest level for two years yesterday after it was announced that its chief executive is stepping...
10 May 2022
From: Breaking News
Winkworth agents posted record sales income last year, attributed to the stamp duty holiday. The London-listed agent franchise group revealed in its...
13 April 2022
From: Breaking News
A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...
17 March 2022
From: Breaking News
The Purplebricks share price remained relatively unchanged yesterday following the shock announcement that chief executive Vic Darvey was quitting the company...
11 March 2022
From: Breaking News
Foxtons has this morning launched a £3m share buy back programme, representing a major windfall for its investors. A statement from the...
08 March 2022
From: Breaking News
Share prices of estate agencies and property companies plummeted yesterday as tensions continued to rise following the Russian invasion of Ukraine. Purplebricks...
25 February 2022
From: Breaking News
Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...
15 February 2022
From: Breaking News
A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...
27 January 2022
From: Breaking News
Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...
19 January 2022
From: Breaking News
Purplebricks has this morning said that a newspaper report over the weekend, claiming part of the business is to be sold...
04 January 2022
From: Breaking News
It really is beginning to look a lot like Christmas – just a week to go now. Presents all wrapped and...
18 December 2021
From: Features
Purplebricks’ share price has hit its lowest-ever level following the postponement of a trading statement after the company admitted a blunder...
14 December 2021
From: Breaking News
Purplebricks’ official statement on the departure of chief marketing officer Ben Carter merely says he’s leaving at the end of the...
07 December 2021
From: Breaking News
Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...
06 December 2021
From: Breaking News
Purplebricks share price collapsed by another 9.6 per cent on Friday. This means the agency has lost half of its share price...
29 November 2021
From: Breaking News
A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p. This is less...
08 November 2021
From: Breaking News
The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...
05 November 2021
From: Breaking News
Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...
04 November 2021
From: Breaking News
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,...
01 November 2021
From: Breaking News
The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...
14 September 2021
From: Breaking News
Foxtons’ chairman and longest-serving board member is to stand down at the end of this year at the latest, after a...
08 July 2021
From: Breaking News
03 July 2021
From: Features
Swiss investment bank UBS has advised investors to sell their Purplebricks shares as the market share for the controversial agency appears...
16 June 2021
From: Breaking News
Rightmove have been given a strong endorsement by an influential stock market tipster service, Investing.com. “Rightmove has built a strong brand, delivered...
14 June 2021
From: Breaking News
OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...
08 June 2021
From: Breaking News
Foxtons shareholders will today give their verdict on the company’s plans to ‘go national’, revealed at the start of the weekend. On...
07 June 2021
From: Breaking News
This week’s interviewee in the ‘In Conversation Today’ hotseat is a man better placed than most to shed some light on...
18 March 2021
From: Breaking News
Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...
12 March 2021
From: Breaking News
The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...
08 March 2021
From: Breaking News
OnTheMarket has hit out at a newspaper claim that it is just “limping along.” Patrick Hosking, a prominent financial columnist at The...
04 March 2021
From: Breaking News
Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...
06 January 2021
From: Breaking News
OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...
15 December 2020
From: Breaking News
The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...
08 December 2020
From: Breaking News
Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...
07 December 2020
From: Breaking News
Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...
27 November 2020
From: Breaking News
A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company. It...
24 November 2020
From: Breaking News
Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...
10 November 2020
From: Breaking News
Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...
02 November 2020
From: Breaking News
Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...
22 September 2020
From: Breaking News
Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...
20 August 2020
From: Breaking News
One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...
19 August 2020
From: Breaking News
If anyone thought the days of Purplebricks bosses making millions were in the past, think again. The chief executive and chief finance...
18 August 2020
From: Breaking News
Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...
12 August 2020
From: Breaking News
It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...
23 July 2020
From: Breaking News
An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...
12 July 2020
From: Breaking News
OnTheMarket’s share price dropped again yesterday, ending down 2.4 per cent. This was despite the portal announcing a share giveaway to encourage new agents...
28 April 2020
From: Breaking News
OnTheMarket says it has another 32 million shares to give away to agents signing full fee contracts with the challenger portal...
27 April 2020
From: Breaking News
Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...
21 April 2020
From: Breaking News
This month saw the introduction of the final stages of the Section 24 tax changes, first introduced in April 2017. Whereas buy-to-let...
18 April 2020
From: Features
Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...
17 April 2020
From: Breaking News
Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...
17 April 2020
From: Breaking News
The human cost of the Coronavirus crisis is growing and devastating, but behind that businesses are being badly hurt too. Many consider...
30 March 2020
From: Breaking News
Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...
18 March 2020
From: Breaking News
It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...
17 March 2020
From: Breaking News
Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...
16 March 2020
From: Breaking News
Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...
16 March 2020
From: Breaking News
Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some...
13 March 2020
From: Breaking News
Countrywide’s share price fell by as much as 17 per cent at one point yesterday afternoon as investors assessed the latest...
12 March 2020
From: Breaking News
We live in uncertain times. That I do not need to say to anybody. I am writing this piece aboard my...
11 March 2020
From: Breaking News
OnTheMarket is not responding to requests to reveal details of any pay-off for its chief executive Ian Springett, who was sacked...
10 March 2020
From: Breaking News
It may be that we’re facing another year - make that yet another year - of disruption in the housing market. Coronavirus...
07 March 2020
From: Features
Rightmove has seen one of the best returns on investment of any company in the FTSE indices according to an investment...
06 March 2020
From: Breaking News
The share price of challenger portal OnTheMarket has fallen to its equal lowest-ever level after a drop of over five per cent...
26 February 2020
From: Breaking News
It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...
25 February 2020
From: Breaking News
Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...
24 February 2020
From: Breaking News
Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...
18 February 2020
From: Breaking News
Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...
11 February 2020
From: Breaking News
The mystery of why Countrywide’s crucial sale of its commercial arm has failed to go through as scheduled deepened over the...
10 February 2020
From: Breaking News
Property portals generate revenue from estate agents regardless of the outcome of the transaction. This relationship has resulted in a fundamental...
25 January 2020
From: Features
In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...
11 January 2020
From: Features
Countrywide’s share price yesterday went from little over 7p to 360p in one fell swoop. Is it the end of uncertainty about...