vic darvey
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Latest property news
Purplebricks confirms publication of delayed full-year results
The tech-led agency is sticking to its previous indications of adjusted EBITDA of a loss of £8.8m for the year on revenues of £70m, following a 31% slump in instructions.
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Purplebricks chairman under pressure from ‘activist investor’ to step down
The troubled agency raises its fixed-fee charges, and will scrap the money-back guarantee later this month.
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Purplebricks’ new CEO delayed as AIM ‘appropriateness’ checks drag on
The estate agency says the appointment of Helena Marston is conditional upon the AIM-required due diligence checks being completed successfully.
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BREAKING: Purplebricks’ Chief Executive steps down ‘for personal reasons’
Vic Darvey is to make way for COO Helena Marston at the end of the month after a difficult few months for the hybrid estate agency.
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Analyst: Purplebricks CEO ‘turning ship around’ despite share price drops
David Hill of Vox Markets says media headlines have merely spooked investors and that underlying business has a bright future.
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UPDATED: Purplebricks reveals instructions drop and costs of deposits debacle
Interim results for six months to 31st October 2021 will make for grim reading for its shareholders and investors.
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Latest property news
Purplebricks refutes newspaper claims that lettings business is for sale
Comments follow claims made in Telegraph that CEO Vic Darvey is contemplating a disposal after a difficult few months for its lettings arm.
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Purplebricks boss discussing plans to sell off lettings arm – claim
Vic Darvey is considering a move to offload the firm's relatively weak lettings business following last month's £9m deposits scandal.
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LATEST: Bringing staff in-house has cost Purplebricks £4 million, report shows
Company has its hands full battling dwindling instructions, bringing its self-employed staff in-house and establishing a new pricing model.
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Purplebricks ditches self-employed model and makes LPEs staff
Company says decision will offer improved security, training and pay packets for sales staff and help company scale up to meet rises in market activity.
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