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KEYWORD "Stock Exchange" - 100 RESULTS
Rightmove share price slumps after shock listings news

The share price of Rightmove dropped some 6% yesterday on the back of an announcement that it was terminating the listings...

07 August 2024

From: Breaking News

Industry veteran joins LonRes board

Lomond chief revenue officer John Ennis has joined the LonRes board as a non-executive director.  Ennis began his property career at Foxtons...

04 July 2024

From: Breaking News

New build sales stronger than rest of market - agency’s bold claim

An estate agency with a major new homes department claims new build sales are proving more resilient than the mainstream market. Leaders...

14 August 2023

From: Breaking News

Smoove confirms takeover approaches

Smoove has confirmed press speculation that it may be up for sale. The agency and conveyancing software provider issued a stock market...

25 April 2023

From: Breaking News

Property Natter - Memories of times past while marching bravely forward

I’ve found myself in contemplative mode this week, looking forward to the future and remembering times past. In the immediate future –...

11 March 2023

From: Features

OnTheMarket issues stock for new agents

OnTheMarket has issued 221,006 of ordinary shares to new agents who have signed up to the portal. These shares are for agents...

27 October 2022

From: Breaking News

Savills half-year results – revenues rise, but profits fall

High-end estate agency Savills has posted a mixed set of half-year results, with revenue up to over £1 billion but the property...

12 August 2022

From: Breaking News

Chief Financial Officer quits OnTheMarket to pursue new opportunity

Leading portal OnTheMarket has announced this morning that Clive Beattie has resigned as Chief Financial Officer 'to pursue another opportunity'. According to a...

01 August 2022

From: Breaking News

LSL Property Services announces the beginning of share buyback scheme

One of estate agency’s biggest groups yesterday announced the start of a share buyback programme for a tranche of up to...

22 April 2022

From: Breaking News

Revealed – Foxtons’ sales revenue down by 9% in Q1 2022

The latest trading update from Foxtons has revealed that sales revenue in the first quarter of this year was down 9%...

21 April 2022

From: Breaking News

Purplebricks finally confirms appointment of new CEO

Following a series of unexplained delays, Helena Marston has now finally been confirmed as the new chief executive of beleaguered agency...

20 April 2022

From: Breaking News

Agents promised new tools as conveyancing tech firm rebrands

Conveyancing software company ULS Technology has rebranded. The London Stock Exchange-listed company, which encompasses conveyancing brands eConveyancer, DigitalMove, Legal Eye and Amity...

11 April 2022

From: Breaking News

Can Purplebricks thrive with a CEO without agency experience?

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

Purplebricks shares hit new low as Ukraine fears hit UK property sector

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

Will Purplebricks quit stock market or 'do a Countrywide'?

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

Rightmove hit by inflation fears for the housing market

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

Agency set to celebrate 150th anniversary of trading

John D Wood - the lettings and estate agency now part of the Connells empire - is celebrating its 150th birthday...

12 January 2022

From: Breaking News

Purplebricks denies sell-off rumour

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

Purplebricks share price now under 7% of its all-time high

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

Purplebricks share price crashes after huge business slump

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

A foot in the door - Savills welcomes young people for work experience

One of the property market's leading names has welcomed young people into its company for work experience through a partnership with...

17 September 2021

From: Breaking News

Purplebricks ends self-employed agent service and goes “fully employed”

Purplebricks has this morning confirmed that it’s ending its self-employed Local Property Experts operation and is moving to “a fully employed model...

10 August 2021

From: Breaking News

Foxtons considering selling its mortgage business

An announcement by Foxtons this morning says it is considering future options for its mortgage business, Alexander Hall. The announcement - made...

21 July 2021

From: Breaking News

Book Review: The Keys To The Capital by James Macleod

Books about property are, relatively speaking, commonplace - books by estate agents are far less so, hence the interest in The...

29 May 2021

From: Features

Property Natter – 5 ways estate agency has changed since May 2020

It’s now over a year since the property market officially reopened after an unprecedented two-month shutdown at the height of the...

22 May 2021

From: Features

OnTheMarket completes purchase of PropTech firm Glanty

OnTheMarket has completed its purchase of PropTech firm Glanty - a deal which began 15 months ago.   OTM took an initial 20...

22 March 2021

From: Breaking News

Takeover fever continues as biggest agencies seal deals

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

‘Very few new portals can seriously compete with us’ - claim

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

Property Natter – will 2021 be the year of the merger?

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

Franchise Mega Agency - Hunters and TPFG talk for another week

Talks continue between The Property Franchise Group and Hunters with both companies agreeing a new deadline of next Friday, January 29. Just...

25 January 2021

From: Breaking News

Why don’t agencies list on the stock market anymore?

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

In Conversation Today – Q&A with the man behind a 2020 success story

By any available metric, Belvoir had a good 2020. Already a well-known and well-established name, it was highly praised for its...

21 January 2021

From: Breaking News

Countrywide - Connells consolidates takeover move with share purchase

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

Connells reveals its plan for Countrywide branches and staff

Connells has revealed that it’s to keep the existing Countrywide branch structure and staff headcount when the acquisition process is completed...

04 January 2021

From: Breaking News

Connells buys Countrywide - deal to be completed in New Year

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

Takeover: Hunters gives January 1 deadline to Property Franchise Group

The Property Franchise Group has approached Hunters about a possible takeover. Confirmation came this morning in a statement from Hunters, which you can...

04 December 2020

From: Breaking News

Investors in Countrywide prepare for bargaining with Connells

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

11 November 2020

From: Breaking News

OnTheMarket hands shares to agents on full-tariff long-term deals

OnTheMarket has handed out more shares to agencies signing long-term agreements with the portal. It was almost three years ago that OTM, then...

30 October 2020

From: Breaking News

Property Natter: why haven’t the Big 4 tech firms got involved with property?

For a number of years now, predictions have been made that one of the major tech giants will eventually enter the...

12 September 2020

From: Features

What next for Purplebricks after latest international sell-off?

Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...

16 July 2020

From: Breaking News

Purplebricks sells its Canadian business for £35m

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

Tragedy as property industry titan dies suddenly

One of the highest profile and most widely respected figures in the British property industry has died suddenly. He was 72. Tony...

29 June 2020

From: Breaking News

Property Natter - the property industry should track Zoom’s phenomenal growth

“Let’s Zoom later”, “are we Zooming in the morning or afternoon?” “Yeah, I zoomed the client earlier” – variations on these...

20 June 2020

From: Features

Property Natter - what happened when big lenders had their own estate agencies?

All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...

23 May 2020

From: Features

Foxtons says latest shareholder rebellion over bonuses is “satisfactory”

Foxtons - which has recently closed branches and furloughed staff - has described a shareholder rebellion over senior management bonuses and pay...

14 May 2020

From: Breaking News

OnTheMarket’s shares giveaway wants agents to drop Big Two portals

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

Only half of Zoopla’s branches have taken up ‘free deal’ offers

Only half of the branches signed up to Zoopla have taken advantage of one or other of the discount offers made...

15 April 2020

From: Breaking News

Fund-raising lifeline thrown to Countrywide, Purplebricks and others

New temporary rules have thrown a lifeline to troubled agencies like Countrywide and Purplebricks which may need to raise additional funds...

09 April 2020

From: Breaking News

Franchisees advised on government loan schemes by Winkworth HQ

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

Third largest agency taking “appropriate measures” to limit virus chaos

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the...

31 March 2020

From: Breaking News

Rival portal offers free listings as agents rage at Rightmove

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

OnTheMarket not revealing pay-off for sacked Ian Springett

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

First merger disclosure forms filed by Countrywide and LSL

Both Countrywide and LSL Property Services have submitted early online paperwork to The Panel on Takeovers and Mergers, an independent body...

26 February 2020

From: Breaking News

OnTheMarket share price falls to equal lowest-ever level

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

3,000 more offices now on paying contracts with OnTheMarket

OnTheMarket has this morning announced that as of December 2, over 3,000 more offices had been signed under new paying contracts...

10 December 2019

From: Breaking News

OnTheMarket share price flops as Rightmove complaints rise

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

Agents to receive one million shares from OnTheMarket this week

OnTheMarket will on Wednesday of this week issue over a million shares to agents who have signed new long-term listing agreements...

04 November 2019

From: Breaking News

Purplebricks in Canada - is it the agency’s secret success story?

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...

18 October 2019

From: Breaking News

OnTheMarket price slump despite startling claim about Rightmove

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

Purplebricks facing shareholder revolt over top brass bonuses

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...

29 September 2019

From: Breaking News

OnTheMarket beats Rightmove for generating leads, claims City advisor

A banking company used by OnTheMarket has issued a note to its investor clients claiming the portal “arguably beats its peers...

13 September 2019

From: Breaking News

Countrywide: the rot has set in but share price has jumped

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

OnTheMarket founder agency returns to Zoopla after five years

One of the agencies most active in the creation of OnTheMarket is trialling a return to listing on Zoopla after an...

08 August 2019

From: Breaking News

OnTheMarket offering more shares to long-term agency sign-ups

OnTheMarket has applied to the London Stock Exchange for the release of over a million new shares to agents who have...

31 July 2019

From: Breaking News

OnTheMarket boss tells agents not to increase Rightmove exec bonuses

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

Name change for franchise agency to reflect diversification

Belvoir, the UK's largest property franchise, has changed its name - at least slightly - from Belvoir Lettings to Belvoir Group.  In...

22 July 2019

From: Breaking News

OnTheMarket says rivals may interfere with its bid to get agents to pay

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

Could Purplebricks go bust? Apparently not, says analyst

An analyst on shares website Motley Fool says Purplebricks is not only in surprisingly strong financial health, but is actually outperforming...

17 June 2019

From: Breaking News

Purplebricks problems persist as Woodford sell-off continues

There seems no end in sight for the share turmoil going on at Purplebricks, with several new developments on Friday before...

10 June 2019

From: Breaking News

Shares Frenzy: Investors jostle for Purplebricks and Foxtons

It's been another busy 24 hours for publicly-quoted estate agencies. Swiss investment bank UBS has increased its stake in the troubled London...

07 June 2019

From: Breaking News

Purplebricks: Woodford reduces his stake for second day in a row

Beleaguered fund manager Neil Woodford, one of the first champions of Purplebricks, has reduced his stake in the troubled agency for...

06 June 2019

From: Breaking News

Woodford slashes Purplebricks stake as rumours swirl on agency's future

Beleaguered fund manager Neil Woodford, one of the early champions of Purplebricks, has slashed his stake in the company from 28.9...

06 June 2019

From: Breaking News

What next for Countrywide and Purplebricks after day of turmoil?

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...

04 June 2019

From: Breaking News

‘Steer clear of Foxtons’ - investors urged to stay away

A writer for the influential financial publication Money Week says investors should “steer clear” of Foxtons - at least for now. Sarah...

04 June 2019

From: Breaking News

Top Purplebricks investor would back US closure to bolster agency in UK

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US...

03 June 2019

From: Breaking News

Michael Bruce leaves Purplebricks and company shuts Australian business

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: another day, another record low share price

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

OnTheMarket offering more shares to long-term agency sign-ups

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

Countrywide suffers ‘frozen trading’ again as share price stays low

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

Countrywide trading ‘frozen’ by Stock Exchange as share price hits new low

The London Stock Exchange twice froze trading in Countrywide’s shares yesterday after volatile movements - and a new record low price. The...

24 April 2019

From: Breaking News

Purplebricks is hugely successful despite tumbling share price says analyst

A PropTech analyst insists that the tumbling share price of Purplebricks on the London Stock Exchange does not indicate that the...

23 April 2019

From: Breaking News

OnTheMarket issues shares to agents signing long-term deals

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 claims online firm Yopa ‘is UK’s sixth biggest estate agency’

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

Emoov former boss disputes Mail on Sunday claim about agency's debts

Online estate agent Emoov failed to tell crowdfunding investors it was losing £3m a month before its collapse, a Sunday paper claims. The...

24 February 2019

From: Breaking News

OnTheMarket listings now 80 per cent of Zoopla, 60 per cent of Rightmove

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

Zoopla now engaged in “significant change in strategy”

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

Purplebricks top brass at centre of large-scale share transactions

Purplebricks has revealed that it’s given its new global chief operating officer 700,000 shares - valued at around £165p each that...

09 January 2019

From: Breaking News

Foxtons: Swiss bank snaps up almost 10 per cent of agency

UBS, a Swiss multinational investment bank and financial services company based in Zurich and Basel, now owns approaching 10 per cent...

04 January 2019

From: Breaking News

Rightmove wants to buy back its shares - is it priced too cheaply?

Rightmove has launched a share buy-back programme to run until late next month, February. Companies buy back their own shares to keep up...

03 January 2019

From: Breaking News

Who comes out on top in the battle of the property portals?

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

“Confident” OnTheMarket still signing agents ahead of appeal

OnTheMarket has issued an upbeat statement about the Court of Appeal setting a date to hear Connells-owned Gascoigne Halman's challenge to a ruling...

13 November 2018

From: Breaking News

OnTheMarket to reveal first six months 'float' figures tomorrow

OnTheMarket plc, the company which operates the OTM portal, gives its first formal stock market figures tomorrow morning, for the six...

10 October 2018

From: Breaking News

OTM branch total hits 11,000 - but founder pushes 'three portals' idea

OnTheMarket has this morning announced that it now has signed listing agreements with more than 11,000 estate agency offices - over...

02 October 2018

From: Breaking News

eProp cements PropTech role as well as running Guild and Fine & Country

A statement to the London Stock Exchange by eProp Services has cemented its role primarily as a PropTech firm. This is in...

28 September 2018

From: Breaking News

Hunters income and profits on the rise in spite of shaky market

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...

07 September 2018

From: Breaking News

Rightmove 'may drop out of FTSE-100 within days'

Speculation is growing that Rightmove could drop out of the prestigious FTSE-100 within the next few days as the stock exchange...

30 August 2018

From: Breaking News

Countrywide management backed by shareholders in bid for new funds

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

OnTheMarket now has 57% of branches but warns again on charges

OnTheMarket has seen another increase in listings to more than 10,500 offices, but it is repeating a warning that its free...

24 August 2018

From: Breaking News

Countrywide fights back as share price rises over 6% in a day

Countrywide’s share price defied the expectations of some analysts and rose over six per cent yesterday with the company moving from...

23 August 2018

From: Breaking News

Countrywide passes latest fund-raising test despite falling short

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

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