Late on a Friday afternoon in April 2017, Chris Wood, an estate agent and army veteran, received an email from a heavyweight London law firm. Attached was a 12-page letter accusing Wood of defaming ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Purplebricks has reached a deal to sell its business for £1, marking the end of the road for the upstart online ...

Online estate agent Purplebricks Canada told employees to ask their family and friends to leave glowing online reviews–“whether or not” they were Purplebricks customers. (Chris Ratcliffe/Bloomberg) ...

After building a successful business in the United Kingdom with its flat-fee real estate model, Purplebricks set its sights on finding similar success in the United States, but now, less than two ...

Purplebricks looked like a firm that was going out of business this time last year. Its share price fell from a high of 487p in 2018 to 0.31p in May 2023. Its collapse was avoided when it was rescued ...

Flat-fee real estate agency Purplebricks expanded into the U.S. last year after building a successful business in the United Kingdom and Australia, and after securing a sizable investment from ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executive of Purplebricks is to step down at the end of the month after almost three years in the job ...

Digital property agent Purplebricks has disclosed substantial losses during the year it was acquired by Strike, according to newly released figures. Fresh accounts lodged nine months beyond the ...

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 ...

Further pressure has been piled on struggling Purplebricks, with the online estate agent warning it could face costs of up to £9 million following a “process issue” around deposits in the lettings ...

Losses at estate agency Purplebricks have swelled over the past year following expansion overseas. The company reported a pre-tax loss of £26.1m for the year to April, up from a loss of £6m the year ...