Purplebricks first day of dealing.
December 18, 2015
The first day of dealings yesterday of Purplebricks the first online estate agency to float on the junior AIM market proved somewhat disappointing.
The flotation price was at £1, the end of day price was 93p, a disappointing 7% drop on the day.
Major shareholders include top fund manager Neil Woodford, Paul Pindar, former chief executive of Capita, and Errol Damelin, founder of payday lender Wonga.
It will certainly be interesting to watch how the share price performs over the coming year and how the company performs in relation to numbers of sales. Would you be an investor?
You May Also Enjoy
60% of homeowners admit to stress & sleepless nights
Managing your mortgage and mental health as 60% of homeowners admit to stress and sleepless nights The latest insight from award-winning mortgage adviser, Alexander Hall, has shown that for the majority of homeowners, their mortgage is their single largest financial worry, with 60% stating that their mortgage worries have impacted their mental health at one…
Read More 
Improve Tenant Satisfaction with Expert Commercial Property Management
In the world of commercial real estate, tenant satisfaction can make or break a property’s success. Happy tenants are more likely to renew leases, recommend the property to others, and take better care of the premises. However, achieving and maintaining tenant satisfaction requires more than just a well-maintained building—it takes expertise, communication, and a strategic…
Read More 
Attic bedrooms can boost the price of a home by a quarter
Latest research from Nationwide reveals how home improvements can boost property prices in 2025 Analysis based on Nationwide’s HPI data shows extensions or loft conversions with a bedroom can increase value by up to 24% But kitchen and bathroom renovations most popular improvements amongst homeowners in last five years 34% made green improvements, such as…
Read More 
Prime London sellers exit the market
Prime London sellers exit the market, as high-end for sale stock falls in Q3 The latest look at prime London property supply from Jefferies London has shown that the volume of homes priced at £2m or more listed for sale across the capital fell by 4.3% during the third quarter of 2025, accounting for just…
Read More 
Government’s last-minute Planning Bill amendments will tackle blockers and boost growth
The Government has announced several major amendments to the Planning and Infrastructure Bill, which further streamline the planning process. They include reducing the length of consultation, stripping uncooperative councils of the right to make certain decisions, and paring back the impact and ability to raise legal disputes. Richard Beresford, Chief Executive of the National Federation…
Read More 
Next budget a “pivotal moment for the property market”
The UK government is due to unveil its next budgetary statement in November, with many rumours circulating on how it’ll affect the property market. While many rumours are circulating among thought leaders and economists, Mitchell Martyn, property expert from Pure Property Finance, a property finance specialist based in the UK, says that this next budget…
Read More