Keller Williams’ London Bridge market centre, established more than five years ago, will close next week, making it the latest KWUK casualty. Chris Buckler, operating principal at Keller Williams London […]
Purplebricks Slashes Fees As Online Estate Agency Aims To Be ‘a Major Disrupting Force’ Again
The new owner of Purplebricks has today announced a major fee cut in a bid to recapture the glory days for the firm. At one stage, Purplebricks was the poster […]
Slowest Market Areas Identified As Transactions Drop Nearly 60%
Almost 77,500 homes have sold across England and Wales so far this year – 58% fewer than the 171,000 sold during the same time period last year. Analysis of Land […]
Mortgage Approvals And Borrowing Down In April – BoE
There were 48,690 mortgage approvals in the UK in April 2023, according to the Bank of England – a 5.4% dip on the March figure of 51,488. The April 2023 […]
House Price Growth Slips Back In May – Nationwide
May 2023 saw a 0.1% month-on-month fall in house prices, according to the latest data from Nationwide. The annual rate of house price growth has now slipped back to -3.4% […]
NEWS UPDATE: Major Shareholder Withdraws Proposal To Buy Purplebricks
Purplebricks has announced that a recent proposal by its 5% shareholder, Lecram Holdings, to purchase the business, has been withdrawn. Statement regarding Lecram Holdings Limited Purplebricks announces, further to the […]
Purplebricks Dismisses C4J’s ‘publicity Stunt’ After Ruling Weighs In Its Favour
Purplebricks has issued a response to Contractors for Justice’s (C4J) latest attempt to force the online estate agency to ‘begin settlement negotiations’ with former estate agents represented by the group. […]
Lomond Completes Purplebricks Portfolio Acquisition
The fast-expanding Lomond Group has completed the acquisition of the entire rental portfolio of Purplebricks in Scotland, it was announced this morning. The landmark deal, finalised for an undisclosed sum, […]
EYE NEWSFLASH: Major Blow For Purplebricks As Legal Row Puts Strike Deal In Jeopardy
Contractors for Justice (C4J) has this evening announced that it is stepping up efforts to follow through with a proposed Group Litigation Order (GLO) against Purplebricks, on behalf of former […]
Homeowners’ Mortgage Woe As Interest Rates Expected To Rise Again
Homeowners are being warned that they face two possible further interest rate hikes this summer. Economists sounded the alarm that the Bank of England’s Monetary Policy Committee could be forced […]