OnTheMarket’s latest milestone achievement of 8,500 offices

May 30, 2018

OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that as of 25 May it has signed listing agreements with UK estate and letting agents with more than 8,500 offices. This increase of over 3,000 branches since Admission on 9 February represents growth of more than 54% in less than 4 months. The Company believes that it has listing agreements with approximately 45% of UK residential estate and lettings agency branches. 

OnTheMarket also announced, that in May it  has been running its heaviest weight of national TV advertising since the launch period of OnTheMarket.com, as well as its first outdoor poster campaign across London, which has been rolled out over 1,500 sites. A key theme of these advertising campaigns is the “New & exclusive” properties, whereby many agents choose to list their new instructions at OnTheMarket.com in advance of listing on other portals, giving OnTheMarket a competitive advantage by appealing to active property seekers, who are the Group’s key consumer focus, and in turn providing listing agents with high quality leads.

Ian Springett, Chief Executive Officer of OnTheMarket, said: “We are extremely pleased to be continuing to exceed our own expectations of the overall number of agents signing up, and to have achieved this latest milestone of 8,500 offices just two weeks after reaching 8,000 offices. In sustaining this pace of expansion, we are very strongly encouraged by the growing agent support and feedback to our proposition. We remain committed to creating an agent-backed, full scale challenger portal that injects some much-needed competition into the property portals landscape by disrupting what has for too long been effectively a cosy duopoly.”

Read the announcement 29th May 2018 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Property auctions generate complaints at four times the rate of the wider housing market

Property auctions account for just 2% of home sales but generate more than four times their share of complaints, according to a new insight report by the Property Ombudsman. The report highlights that while auctions remain a relatively small part of the wider residential property market, they are generating a disproportionately high level of consumer…
Read More →
Breaking News

UK rents see upward trend in early 2026

Lomond’s report finds UK average rents rise to £1,384pcm in the first three months of 2026, compared to 2025. Average rent in London reaches £2,339pcm, 69% higher than the UK average. Kent records the network’s highest rental uptick of +9%, in early 2026. Tenant demand strengthens with a +28% increase in viewings activity in 2026.   Lomond observed the average rent across its network of lettings…
Read More →
Breaking News

Landlord repossessions rose 6% ahead of Renters’ Rights Act

Landlord possession claims rose by almost 6% in the first quarter of 2026 as property owners moved to regain control of homes before the Renters’ Rights Act came into force on 1 May, according to analysis by LegalforLandlords. LegalforLandlords analysed the latest repossession data* and found that during Q1 2026, a total of 22,733 possession…
Read More →
Letting Agent Talk

Tenant confidence in RRA compliance sits at just 32%

Barely a third of managed tenants believe their management company is compliant following RRA changes   The latest insight from property management specialist, Rushbrook & Rathbone, reveals that whilst managing agents had until 31st May to distribute new documentation following the latest RRA implementations, almost 60% of tenants living in managed properties have seen no changes…
Read More →
Breaking News

Six issues that make your property unmortgageable

The latest market insight from House Buyer Bureau has revealed six common issues that could see a homeowner’s property deemed unmortgageable by lenders, drastically reducing the pool of potential buyers and making it far harder to sell on the open market. House Buyer Bureau analysed some of the most common reasons properties fail lender criteria, alongside the…
Read More →
Breaking News

Homebuyers could make over £26,000 before completion

Buying off-plan: London homebuyers could make over £26,000 before completion The latest research from Foxtons has found that buying a home off-plan can deliver a significant financial uplift, with London buyers potentially making more than £26,000 in added value before they’ve even picked up the keys to their new home. Foxtons analysed average monthly new-build…
Read More →