Purplebricks boss who rescued online estate agency for £1 to step down Property The chief executive of Purplebricks is to step down as the online estate agency undergoes a major restructure. Sam Mitchell has been the CEO of Strike since January 2018 and took over the same role at Purplebricks in June 2023 after the company was acquired for just £1 after falling into financial difficulties. Mitchell has [...]
Desperate rich Brits seeking homes abroad in record numbers, say estate agents Economics Super-rich Brits are looking at properties in popular expat destinations in record numbers, several leading estate agents have told City AM, as they prepare to flee “in desperation” from any punitive measures introduced at next week’s Budget. Enquiries to luxury property specialist Christies International Real Estate Dubai have trebled in recent months, one agent said, [...]
Renters set for more tough times as house sales strengthen Property The latest RICS Residential Survey has provided a lot of optimism for house buyers and sellers, but less for tenants, who are set to contend with an even tougher market. The survey, which asks estate agents for their opinion on the housing market, found a “sustained improvement in market activity”, with measures of demand, sales and [...]