• Cedar House, Caen St, Braunton EX33 1AH

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Takeover talks held between Purplebricks investors – claim

Talks are reported to have been held between Purplebricks leading shareholder, Neil Woodford, and the German publishing group Axel Springer about a takeover of the troubled agency. The industry magazine Property Week this afternoon reports an unnamed source saying: “All it takes is a quick conversation with Woodford and Axel could… Source: Estate Agent News

Purplebricks share price rises on news of big new German investment

Purplebricks share price has risen over 10 per cent – at least temporarily – on news of a major expansion of investment in the hybrid agency by Germany publishing company Axel Springer. "Purplebricks Group plc (AIM: PURP), a world leading hybrid estate agency, has been notified that on 3 June 2019,… Source: Estate Agent News

Top Purplebricks investor would back US closure to bolster agency in UK

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US business to help bolster the UK operation. Neil Woodford – who spent 25 years building a strong track record at investment consultancy Invesco Perpetual before setting up his own business… Source: Estate Agent News

Property Jobs Today – a bumper round-up this week…

Welcome to the latest Property Jobs Today – because last week there was a Bank Holiday, we have a bumper edition this time round. Everyone featured here contacted us on press@estateagenttoday.co.uk; we’d love you to do the same so we can let the industry know what’s happening in your company. Let’s start… Source: Estate Agent […]

Agency branch openings after rebranding and acquisition

An estate agency in St Albans has rebranded as Fine & Country. JW&Co Langleys office in St Albans was acquired by Tom Smith in 2014 but is now joining the Fine & Country network. “We have established ourselves as one of Hertfordshire leading independent estate agents and have a long and successful… Source: Estate Agent […]

TV ads claim new homes are "premium alternatives" to second hand ones

A volume house builder is launching a TV advertising campaign claiming its properties are a “premium alternative” to second hand homes sold by agents. Redrow says its campaign seeks to debunk what it calls “existing myths” about new build homes that surfaced in a Zoopla survey of 600 people. The builder says… Source: Estate Agent […]

House prices are like Brexit talks – stuck, floundering, going nowhere

The latest house price index shows very little happening in the market, with analysts expecting little significant movement until Brexit is sorted, at least in principle. Nationwide’s figures, released over the weekend, show prices in May fell 0.2 per cent from April, with the lender saying the market was subdued thanks… Source: Estate Agent News