Estate agency branches are bracing themselves for “a very difficult few months,” the National Association of Property Buyers (NAPB) claims. The NAPB...
Archive
01 December 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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...
30 December 2019
From: Breaking News
An estate agent in London claims he did £53m of property deals within hours of the Conservative victory in the General...
16 December 2019
From: Breaking News
There has been a real wind of change in estate agency and over the last 18 months we have seen the...
16 October 2019
From: Features
Now could be the time to buy shares in Purplebricks and Foxtons if one stock market pundit turns out to be...
12 July 2019
From: Breaking News
It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...
31 May 2019
From: Breaking News
For the second day in a row Countrywide was subject to two so-called Price Monitoring Extensions - temporary freezing of trading...
25 April 2019
From: Breaking News
It’s not often we can enjoy beautiful sunshine on bank holidays, but I suppose this one was a particularly blessed weekend,...
24 April 2019
From: Breaking News
An influential investment blog says the number of analysts and investors still believing in Purplebricks’ growth story is dwindling - and...
15 April 2019
From: Breaking News
11 August 2018
From: Features
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
A study of estate agencies and portals floated on the London Stock Exchange suggests that digital companies have shown much better...
18 May 2018
From: Breaking News
The share price of OnTheMarket slipped again on Friday - down around five per cent on the day and ending at...
26 March 2018
From: Breaking News
OnTheMarket’s share price fell just over five per cent yesterday, continuing its troubled launch on to the London stock exchange. It...
13 February 2018
From: Breaking News
Most listed agencies and portals suffered share price falls yesterday, creating a challenging landscape for Agents’ Mutual which launches on the London stock exchange...
07 February 2018
From: Breaking News
It is now an industry truism to say that Alison Platt has transformed Countrywide - but recent evidence, and now doubt...
23 January 2018
From: Breaking News
The stock exchange seems to be on everyone’s lips at the moment. There’s Agents’ Mutual seeking to float on the Alternative Investment...
12 August 2017
From: Features
Trustpilot, the review service quoted frequently by Purplebricks as evidence of its apparent popularity, is declining to comment on the adverse...
07 August 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
The chief economist of Price Waterhouse Coopers says that although by some measures the London housing market looks ripe for a...
06 July 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
The board of Purplebricks has issued a statement to the City saying it has no idea what lies behind the soaring...
30 January 2017
From: Breaking News
Countrywide estate agency group is to drop out of the FTSE 250 from the start of trading on December 19. The news...
02 December 2016
From: Breaking News
Share prices for both Foxtons and Countrywide took a significant tumble yesterday as news of the ban on letting agents’ fees...
24 November 2016
From: Breaking News
Countrywide's regional director Martin Coombes has quit the company, having worked for it since the early 1990s. A statement to Estate Agent...
11 November 2016
From: Breaking News
Some sectors of the industry have been giving their initial reactions to the shock Donald Trump victory in the US presidential election. Camilla...
09 November 2016
From: Breaking News
Although Brexit, portal juggling and portal wars have stolen property industry headlines in recent months, there's been one story almost constantly...
05 November 2016
From: Features
The former ‘retail director’ of Countrywide’s south east operations, Keith Knight, has left the troubled agency group and has returned to...
31 October 2016
From: Breaking News
The share prices of Countrywide and LSL Property Services diverged yesterday in response to both agency groups being downgraded by influential...
26 October 2016
From: Breaking News
Investment group Shore Capital says the future expansion of digital property advertising means Zoopla shares - despite recent growth - are...
11 October 2016
From: Breaking News
City consultancy Jefferies has made a blistering attack on Purplebricks’ sales performance and finances, saying “the arithmetic…still does not add up.” Last...
22 July 2016
From: Breaking News
I’m indebted to one of the most enthusiastic estate agents I’ve had the pleasure of meeting for suggesting the subject of...
15 July 2016
From: Features
The news that Theresa May will be installed as Prime Minister tomorrow has immediately stabilished the share prices of estate agents...
12 July 2016
From: Breaking News
As post-Brexit referendum vote shockwaves continue to reverberate around stock markets and currency exchanges, many publicly-quoted property companies took a hit...
28 June 2016
From: Breaking News
Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...
27 June 2016
From: Breaking News
Purplebricks, the online agency that floated a month ago at 100p per share, was yesterday down to 75.0 at one point...
20 January 2016
From: Breaking News
There has been more volatile stock market trading for some of the industry’s highest-profile agencies. Countrywide - whose chief executive Alison Platt...
15 January 2016
From: Breaking News
Purplebricks recorded a volatile bout of trading on London’s Stock Exchange yesterday, where it ended the day with a 5.7 per...
08 January 2016
From: Breaking News
Estate agents’ share prices have taken a knock after poor figures reported to the City by Countrywide suggested a wider malaise...
05 November 2015
From: Breaking News
It’s rare for an incumbent to pivot to a disruptive business model, even in the face of compelling logic that they...