Rightmove shares slump after firm ends contract with Openrent after terms dispute Tech Rightmove shares have slumped after the company announced that its contract with online letting agent Openrent would soon end after both parties failed to agree on the conditions of the deal. Rightmove said that resale listings on its platform would not be affected by this change but the news clearly disappointed the market as the [...]
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results Property Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]