Purplebricks Plc posts ‘disappointing’ results; warns of an ‘uncertain’ market ahead
Purplebricks' instructions have slumped by 38%, as the hybrid estate agency shifted its business model and faced legal challenges. The company made an operating loss of £11.1m in the latest six-month period.
LSL posts record profits, but warns of a sharp housing market slowdown in 2022
"We expect mortgage and housing transactions to revert to pre-Covid levels with geopolitical uncertainties adding to existing inflationary pressures," says LSL boss David Stewart.
Specialist SW London estate agency pivots to ‘supercharge off-market selling’ as a platform
Invisible Homes was set up as an "off-market" estate agency in Fulham in 2018; it's now transformed into an online platform to facilitate quiet marketing for other boutique agencies, and has nationwide…
Purplebricks boss Darvey steps down
Hybrid estate agency's Chief Operating Officer, Helena Marston, steps up to the top job as Vic Darvey quits.
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