Claim is made Rightmove but backed up by agents who also say millions of people were prompted to start property searches by Sunak's Budget.
Read MoreRightmove’s 75% fee reduction package saved agents £90m last year
The offer, which followed an agent campaign during the first months of the pandemic, has hit the portal's revenues and profits hard.
Read MoreZoopla launches latest bid to persuade agents and vendors to use MMoA
Both the portal and its rival Rightmove are hoping IAMsold's mixture of private treaty and online auctions will become more popular.
Read MoreGuardians of the Zooplaverse
As Zoopla comes under pressure from the upstarts, Nigel Lewis asked its executive team, Charlie Bryant and Andy Marshall, just how they are fighting back.
Read MoreStamp Duty deadline will help 160,000 transactions get over the line
Rightmove says it has crunched the numbers, which show the size of the problem facing the Chancellor and the industry.
Read MoreRightmove now pushing through 11% fee hikes on renewals, say agents
Portal confirms it is in discussions with customers, as emails go out confirming increases citing support given during Covid.
Read MoreEstate agency sells apartment via property raffle on Rightmove
Inspire Sales & Lettings has taken the unusual step, offering 50,000 tickets at £5 each to win the property, which is listed a 'new instruction'.
Read More‘We will break Rightmove’ promises LocalMove portal chief
Nigel Deekes sets out how his 'local focussed' property portal will succeed where others have failed to knock Rightmove off its perch.
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