The estate agency has announced the news just six months after re-launching under new ownership with a flat £999 fee.
Read MoreHybrid estate agency market share loss ‘to continue’
Purplebricks and Strike have seen their market share bomb, and there is no sign of an upturn, The Neg conference hears.
Read MorePurplebricks Group final death throes revealed including 0.6p share offer
Directors of former high-flying hybrid agency have suggested remaining shareholders accept the offer to distribute the rumoured £5.5 million left in the firm.
Read MoreTwo big estate agency names join hybrid agency’s board
Purplebricks founder Kenny Bruce joins as NED while Harry Hill has been appointed Chairman, saying estate agency is 'still ‘a people business'.
Read MorePurplebricks ready to axe some 15% of workforce, it is reported
The agency's new owner Strike is said to be preparing to cut around 15% of the 695-strong workforce.
Read MorePurple phoenix?
The saga of the most controversial player in the residential property industry – Purplebricks – takes a new turn. David Callaghan charts its rise and fall – and rise again.
Read MorePurplebricks strengthens board with business restructuring expert
Nicholas Pike will work with CFO Dominique Highfield as Purplebricks merges with Strike after the £1 buyout.
Read MoreDon’t tar us with the Purplebricks brush, says Yopa chief
Yopa boss Verona Frankish tells Propertymark One delegates that just because one business isn’t deemed successful it’s dangerous to tar similar agents with the same brush.
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