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;
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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