View more on these topics

EMoov eyes stock market listing

Stockmarket-Stock-Market-700x450.jpg

Online estate agent eMoov is eyeing a stock market flotation this year, according to reports.

The firm is interested in either floating or moving its operations into an already listed entity, according to Sky News.

The firm has approached several investment banks over the issue.

EMoov has been approached for comment.

The news follows last week’s announcement that online property portal OnTheMarket is also getting closer to an initial public offering.

OnTheMarket wants to challenge Zoopla and Rightmove and aims to raise £50m by floating on the Alternative Investment Market.

The first British online estate agent to go public was Purplebricks, which listed in December 2015.

Recommended

London-Stock-Exchange-Logo-700.jpg

OnTheMarket £50m flotation edges closer

The planned flotation of online property portal OnTheMarket edged closer this week as the firm’s parent voted to set up a new company to help with an initial public offering. Members of Agents’ Mutual, which owns OnTheMarket, this week voted to change their stake in the mutual to shares in new firm OnTheMarket Ltd. OnTheMarket […]

London-Stock-Exchange-Logo-700.jpg

OnTheMarket property portal eyes £50m flotation

Online property portal OnTheMarket that wants to challenge Zoopla and Rightmove wants to raise £50m by floating on the Alternative Investment Market. The firm’s parent, Agents’ Mutual, is eyeing a valuation of between £200m and £250m, according to Reuters. Agents’ Mutual wants to offer investors minority stakes in OnTheMarket and use the cash to attract […]

5

Remortgage market needs overhaul, says Trussle

The remortgage market needs a new set of standards to help consumers overcome inertia, according to online broker Trussle. The broker is calling for a ‘mortgage switch guarantee’ to tackle that issue, as well as the topic of mortgage prisoners. Trussle has made five recommendations: Standardising and simplifying the way mortgages are priced and presented […]

Business-Growth-Drawing-Chart-Performance-700x450.jpg

A third of June valuations were remortgages: Connells

One out of every three June property valuations came from remortgaging, according to Connells Survey & Valuation. This growth in remortgage valuations is 7 per cent above the five-year average for June. Standard remortgaging represents 23 per cent of market activity, while buy-to-let remortgaging accounts for a further 10 per cent of loans. Connells says […]

Newsletter

News and expert analysis straight to your inbox

Sign up