After several weeks of talks, Foxtons has agreed the sale with D&G's owners the Talbot Willcox family.

After a week of rumours and speculation, Foxtons says it is considering buying its rival as part of the agency's ongoing lettings expansion.

Company's founder says current speculation is a repeat of similar rumours last year and are not true.

Estate agency Portico says both its new Airbnb business and online lettings agency helped it limit the impact of fees ban and Covid.

The troubled estate agency says its business did better during Covid housing market than expected, and has cash to burn.

London's best-known agency has bought 689 tenancies and ten staff off Aston Rowe, which will continue to trade as a sales operation.

Company says major shareholder was unable to vote on its contentious director pay and bonus scheme.

Company blames lower revenues on high fall-throughs, slow conveyancers, fewer exchanges and weak short-lets and overseas student rental markets.