Archive

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

A respected UK fund manager has hailed Rightmove as a key part of his investments to help turnaround the portfolio’s fortunes. Nick...

Foxtons has been backed by a senior analyst to return to its previous peak earnings. A note from Singer Capital Markets suggested...

Foxtons’ share price got a mini boost on Monday morning after rumours that the agency brand is preparing for a sale. The...

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

OnTheMarket critic Brett Stone has issued a second open letter to shareholders of the portal, accusing it of “irresponsibly diluting shareholders”...

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...

LSL Property Services’ share price hit a six-month high during trading yesterday after it announced its entire estate agency network would...

Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...

LSL Property Services’ share price dipped yesterday after posting an operating loss in its 2022 annual accounts. Its results showed a group...

Purplebricks’ share price hit a new low during trading yesterday amid its latest update on the potential sale of the beleaguered...

News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...

Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...

Purplebricks’ share price hit a new low of 9.02p yesterday despite its chairman Paul Pindar surviving a crunch vote to oust him. Lecram...

Estate agency branches are bracing themselves for “a very difficult few months,” the National Association of Property Buyers (NAPB) claims. The NAPB...

I’ve just read an article saying that this is the time of the online estate agency. The time in question is, of...

Rightmove has named Johan Svanström, former chief executive of travel booking website Expedia Group Inc and McDonald's Corp as its new...

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

Estate agency share prices had a mixed response to dire warnings about housing demand and prices issued by HSBC last week. The...

Double-think, for those who have not read George Orwell, is when people are expected to accept two conflicting beliefs as truth,...

Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...

Foxtons is rumoured to have raided London rival Chestertons for its chief executive Guy Gittins. Estate Agent Today revealed on Friday that...

Rightmove’s share price hit its lowest level for two years yesterday after it was announced that its chief executive is stepping...

Winkworth agents posted record sales income last year, attributed to the stamp duty holiday. The London-listed agent franchise group revealed in its...

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

The Purplebricks share price remained relatively unchanged yesterday following the shock announcement that chief executive Vic Darvey was quitting the company...

Foxtons has this morning launched a £3m share buy back programme, representing a major windfall for its investors. A statement from the...

Share prices of estate agencies and property companies plummeted yesterday as tensions continued to rise following the Russian invasion of Ukraine. Purplebricks...

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...

Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...

Purplebricks has this morning said that a newspaper report over the weekend, claiming part of the business is to be sold...

It really is beginning to look a lot like Christmas – just a week to go now. Presents all wrapped and...

Purplebricks’ share price has hit its lowest-ever level following the postponement of a trading statement after the company admitted a blunder...

Purplebricks’ official statement on the departure of chief marketing officer Ben Carter merely says he’s leaving at the end of the...

Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...

Purplebricks share price collapsed by another 9.6 per cent on Friday. This means the agency has lost half of its share price...

A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p.  This is less...

The leader of the organisation proposing a class action against Purplebricks says there’s been a “phenomenal” response to his request for...

Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...

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,...

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

Foxtons’ chairman and longest-serving board member is to stand down at the end of this year at the latest, after a...

In the world of football – very topical at the moment, as we all enjoy the Euros – there is an...

Swiss investment bank UBS has advised investors to sell their Purplebricks shares as the market share for the controversial agency appears...

Rightmove have been given a strong endorsement by an influential stock market tipster service, Investing.com.  “Rightmove has built a strong brand, delivered...

OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...

Foxtons shareholders will today give their verdict on the company’s plans to ‘go national’, revealed at the start of the weekend. On...

This week’s interviewee in the ‘In Conversation Today’ hotseat is a man better placed than most to shed some light on...

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...

OnTheMarket has hit out at a newspaper claim that it is just “limping along.” Patrick Hosking, a prominent financial columnist at The...

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

OnTheMarket is to undergo a revamp under its new chief executive, former Foxtons agent Jason Tebb - who has been given...

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

It is widely expected that Purplebricks will shortly reveal the result of an experiment with a number of different pricing strategies. The...

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...

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...

OnTheMarket says it has another 32 million shares to give away to agents signing full fee contracts with the challenger portal...

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

This month saw the introduction of the final stages of the Section 24 tax changes, first introduced in April 2017. Whereas buy-to-let...

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...

The human cost of the Coronavirus crisis is growing and devastating, but behind that businesses are being badly hurt too. Many consider...

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...

It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some...

Countrywide’s share price fell by as much as 17 per cent at one point yesterday afternoon as investors assessed the latest...

We live in uncertain times. That I do not need to say to anybody. I am writing this piece aboard my...

OnTheMarket is not responding to requests to reveal details of any pay-off for its chief executive Ian Springett, who was sacked...

It may be that we’re facing another year - make that yet another year - of disruption in the housing market. Coronavirus...

Rightmove has seen one of the best returns on investment of any company in the FTSE indices according to an investment...

The share price of challenger portal OnTheMarket has fallen to its equal lowest-ever level after a drop of over five per cent...

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

Countrywide is remaining silent over the stalled sale of its commercial arm. The troubled agency group’s share price dropped over 3.5 per...

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...

The mystery of why Countrywide’s crucial sale of its commercial arm has failed to go through as scheduled deepened over the...

Property portals generate revenue from estate agents regardless of the outcome of the transaction. This relationship has resulted in a fundamental...

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

Countrywide’s share price yesterday went from little over 7p to 360p in one fell swoop. Is it the end of uncertainty about...

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...