Portal says deal gives it enormous access to Reach's vast range of national and local newspapers and websites.

The portal bought a 20% share in the firm 15 months ago but has now decided to go the whole hog and own the firm outright.

OnTheMarket has revealed its new CEO who is Jason Tebb, 45, an industry stalwart with 20 years’ experience including at senior levels within LSL, Chestertons and Foxtons.

Portal's CEO says this and Covid may lead to fewer agents, but he can't continue giving some agents a free service while charging others.

Jason Tebb has been revealed as the portal's new CEO bringing with him 20 years in the property and estate agency industry.