Settlement of costs following infamous court case it won last year is revealed within its latest trading results.

Portal says the tough market has reduced the number of member agents signing up to long-contract, full-fee deals and that profitability will now be in 2022.

Company is to spend September blitzing TV, radio, poster and online channels with a revamped version of its original campaign.

Estate agency is the last but one of the original OnTheMarket founders who quit Zoopla in 2015 to satisfy OTM's launch 'two portal' rule.

As the challenger portal makes ground on Rightmove, agents say, “Our customers say that where the leads come from is of no consequence to them."

Stock in most of the leading estate agency groups and many house builders took a tumble yesterday as City jitters over Kier announcement spread.

Crucial period for property portal begins as its attempts to persuade 'freebie' customers to start paying £337 a month for its service.

Challenger portal also suggests its expansion efforts have helped reduce Zoopla's total listings by 4.2% year-on-year.