Company says former No.2 at the business is to work at creating a new strategy for the hybrid agency in America and stem its huge losses there.

News that founder Michael Bruce had left Purplebricks and its Australian operation was to close send stock into a tailspin.

Hybrid agency says Lee Wainright and Eric Eckardt are to leave the business soon as predicted turnover for year slips significantly.

Latest Purplebricks results for the past six months to 31st October 2018 show increasing revenue and profits in the UK and record numbers of LPEs.

Purplebricks group CEO Michael Bruce says he want to offer hope to the approximately 2,000 stranded customers of eMoov and Tepilo.

Leading online shares advice service The Motley Fool has published a column that questions whether Purplerbricks can really disrupt the property industry.

Company makes claim within latest Annual Report as it reveals 56% increase in instructions but substantial losses in US and Oz.

Find out why the Bruce brothers decided to take Purplebricks to the stock market after just 20 months of trading in the UK market.

UK, Australia and US hybrid agency Purplebricks now has a foothold in Canada after buying local counterpart DuProprio.

Hybrid agency Purplebricks USA has set up shop in two more cities within America including Phoenix, Arizona and Las Vegas.