Cedar House, Caen St, Braunton EX33 1AH

11th May 2018

ZPG shares rocket 30% on news of sale to US tech firm

ZPG shares have rocketed up in value by 30 per cent this morning on the back of a £2.2 billion bid to buy the group from US tech investment firm Silver Lake. Other portal shares have also risen this morning - Rightmove by around 5.5 per cent and OnTheMarket by about... Source: Estate Agent...

Zoopla to be sold to US technology funds company

There's been a shock announcement that ZPG - operator of Zoopla, PrimeLocation and Hometrack, as well as uSwitch - has accepted a £2.2 billion offer to be acquired by a technology fund company, Bidco. Bidco is a wholly-owned indirect subsidiary of funds managed by Silver Lake, which describes itself as "the world's leading investment... Source:...

Stand by – new wave of Purplebricks adverts on the way

Purplebricks is reported to have hired a new advertising agency to handle a “multi million pound” media campaign. The advertising industry weekly Campaign says the firm hired is Wavemaker, which was only formed in January this year but already has a headcount of 700, including some 80 in a data and... Source: Estate Agent...

Estate agency comparison site to advertise on TV

GetAgent, an estate agent comparison website, has won investment from a growth fund that also provides a 10 month advertising campaign on Channel 4 and its sister channels. Last year GetAgent won attention throughout the industry by calculating how ‘local’ Purplebricks' local property experts really were; it has also produced a series of... Source: Estate...

Top Man! Mike Day celebrates 15 years as leading consultant

Mike Day, one of the best known and most popular figures in the agency business, is celebrating 15 years as one of the industry’s leading training and mentoring gurus. He incorporated his well-respected company Integra Property Services on May 16 2003 after a successful corporate career in agency, as a partner... Source: Estate Agent...

Humberts sale ‘being agreed’ – but no name yet

 Humberts says it has settled on a buyer after receiving several offers for the troubled agency - although it has delayed identifying the purchaser. A spokeswoman says: “To confirm there were multiple offers ... and a sale is now being agreed to one party ...  We will be able to release the... Source: Estate Agent...

Good news as mortgage arrears plummet to record low

The housing market may have seen some depressing figures of late but there’s good news about mortgage arrears - they’re at their lowest ever. Data released by UK Finance shows that in the first quarter of 2018 there were 78,800 homeowner mortgages in arrears of 2.5 per cent or more of... Source: Estate Agent...

Agents Do Charity – the Willy Wonka edition…

Hello and welcome to this week’s celebration of the industry’s fund-raising activities. Remember it’s easy to get publicity and additional support for your good work; just let us know on press@estateagenttoday.co.uk and we’ll give you an honourable mention. Now, we start this week on a distinctly sweet note... Martin House Children's Hospice:...

Channel 4 link to possible Emoov and Tepilo merger

Sky News says online estate agents Emoov and Tepilo are in talks about a ‎merger - and if it happens the company could be floated on the stock market and could in theory rival Purplebricks.  Sky says that a deal is likely “within days” and will involve acquisition of an unnamed... Source: Estate Agent...

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