Activist investor Lecram Holdings, which has been calling for Purplebricks to bring more agency experience to its board, was not expecting this latest announcement by the online firm.
The Bank of England is preparing to unveil the biggest hike in interest rates for 33 years this week as the central bank continues its efforts to curb inflation.
Purplebricks, which last month announced plans to reboot its controversial ‘commisery’ campaign urging vendors not to instruct commission-based estate agents, has seen its share price slump.
Taking into account the national rail and London underground strike planned for November 3 and November 5, the event is now rescheduled for early next year.
Student renters queued outside estate agents in a bid to find a home for the next academic year.
Private landlords are important housing providers and are needed to plug the growing shortage of homes to rent.
Housing secretary Michael Gove insists that the government is still committed to building 300,000 new homes annually by the mid-2020s, despite doubts raised by ex-prime minister Liz Truss.
Getting rid of plans to build 300,000 new homes a year will deal a £17bn blow to the economy and deprive the Treasury of much-needed tax revenues, housebuilder developers have warned.
A company spokesperson explained the issues that led to the redundancies a short while ago.
Lee Rowley has been re-appointed as housing minister, while Lucy Frazer has also been named as minister of state in the Department for Levelling Up, Housing and Communities (DLUHC).
Chestertons is urging people to drop their unwanted winter coats in to any of its branches in London.
British Safety Council to help businesses in the face of the Covid pandemic and rising cost of energy
Purplebricks chief financial officer (CFO) Steve Long is to leave the online estate agency, the company has confirmed.
The loophole allows property buyers to pay less stamp duty.
The Renters’ Reform Bill has still not entered Parliament, meaning the details of the changes are still unknown.
Agents told to prepare for the launch of a new property management platform that will feature several innovations not seen before in UK PropTech.
The project will see 6,700 new homes delivered.
A man has been arrested for vandalising the front door and window of an estate agency in Norwich.
A fresh commitment to support agents wanting to drive change in the industry.
OnTheMarket is to issue more shares for agents who have signed new long-term listing agreements with the property portal.
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