Purplebricks is taking a relatively long-term view of its UK profile, clearly thinking they have a sporting chance of winning the battle for supremacy in the UK property agency market.

Despite recently reporting a ‘record year’ and a further £10m investment, co-founder of Nested, Matt Robinson, confirms the departure of 15 staff.

A North East independent estate agency celebrated its first year in business in County Durham and 5,000 followers on Facebook.

The online agency arm of Connells has been closed, three years after launch, with the Group CEO David Plumtree saying it is "not the right solution for the customer".

HouseSimple.com has secured a further £20m growth capital as it plans to build on its success and challenge PurpleBricks as the UK’s leading online estate agency.

Behind the digital ‘shop front’ each online estate agent business is a completely different beast, says Mark Readings, founder and CEO of the UK’s first online estate agents, House Network.

Two brave figures in the residential sales industry predict that the traditional high street estate agency could disappear in the next five to ten years.

Now Savills joins the internet set, by buying into online agent YOPA.