Rob Sargent, whose company has been a long-time supporter of OTM, says both sales and lettings leads from the portal to his business have been increasingly dramatically, recently.

OnTheMarket has made its first direct investment in a proptech company following its purchase of a 20% share in Glanty, the operator of lettings platform Teclet, for £797,000. OTM has also agreed…

Portal's five-week TV campaign will reach over 35 million UK adults and run alongside radio, online and poster advertising.

Portal makes further progress signing up more agents to paying customers after offering cheaper, shorter-term deals but branch recruitment stalls.

OTM Chief Executive Ian Springett claims it's 'business as usual' for agents who quit Rightmove and that already delivery more leads than its arch rival.

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.