OnTheMarket signs up more paying customers but braces for ‘short-term’ revenue hit
Portal now has 9,000 branches on paying contracts and has seen 'strong increases' in weekly new instructions, traffic and leads, but expects its bottom line to suffer from reduced ad spend and the cost of supporting agents through the crisis
Portal now has 9,000 branches on paying contracts and has seen 'strong increases' in weekly new instructions, traffic and leads, but expects its bottom line to suffer from reduced ad spend and the cost of supporting agents through the crisis
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
By PrimeResi
OnTheMarket reports strong financials; outlines ‘more than a portal’ growth strategy
6.5-year-old property portal has reported success in converting free trials into paying customers, with Group Revenue jumping by nearly 50%.
By PrimeResi
OnTheMarket founder Savills returns to Zoopla
All six original founders of challenger portal OnTheMarket are now back listing with ZPG
By PrimeResi
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£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Agency seals trio of £20mn-plus sales in St John’s Wood as top-end buyers pounce
Savills reports £130mn pre-Budget transaction flurry in prestigious NW London neighbourhood - and predicts a busier-than-usual close to the year.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
By PrimeResi
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
Relaunched luxury scheme leads resi revival in St James’s Park
Sales team reports renewed buyer interest at The Broadway as raft of redevelopments signal SW1 'renaissance'.
Property consultancy faces six-figure fine for unauthorised works on Grade I listed building
Court rules Knight Frank made alterations to an historic building in Bath without the necessary consents.
By PrimeResi
Prime Purchase adds new director in the Cotswolds
Savills-owned buying agency continues its recruitment drive, strengthening its country team with another established operator.
My Property Career: Quickfire Q&A with Chelsea Whelan
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
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