Purplebricks global chief executive buys back shares after price slump
January 8, 2019
Purplebricks shares plummeted to nearly a third in value during 2018 from a high of £489.80 on Janauary 31st, hitting a low of £1.31.5 on December 12th.
This seems to have lead current chief executive Michael Bruce to snap up some bargain share holding with a purchase of an additional 167,925 shares in the company.
Full and detailed news report available on the Financial Review website.
You May Also Enjoy
Mould Tops List of Bathroom Red Flags For Homebuyers
Mould, Space & Water Pressure: 3 Bathroom Deal-breakers Affecting House Sales This Spring Almost 9 in 10 (88%) Brits say at least one bathroom issue would put them off making an offer on a house. Mould (60%), lack of space (44%), and water pressure (37%) are the top three deal-breakers, with concern intensifying…
Read More 
10 Common Carpet Stains and How to Remove Them
Carpets rarely get dirty in one obvious moment. It’s usually something you don’t notice right away. A bit of coffee in the morning when you’re half awake. Someone walks in with slightly wet shoes. Something small gets dropped during dinner and wiped quickly, but not completely. None of it feels important at the time. Then,…
Read More 
Industry Response to Bank of England Rate Hold
The Bank of England has just announced its decision to hold the base rate at 3.75%. This decision comes as a result of wider economic uncertainty and inflation (CPI) increasing to 3.3% in March and remaining above the Bank’s 2.0% target. Matt Smith, Rightmove’s mortgage expert “A Bank Rate hold is actually positive news…
Read More 
England’s non-decent homes could fall by 20%, but it will cost £1.43bn
The latest insight from Inventory Base indicates that the number of non-decent homes in England could be reduced by 20% over the next ten years. However, the sector must recognise that even this modest and achievable reduction would come at a substantial cost of £1.43 billion. Inventory Base’s analysis of government data shows that,…
Read More 
Agents face growing stock backlog as slower market leaves more homes unsold
The latest research by GetAgent has revealed that estate agents are facing a growing backlog of unsold homes as the proportion of stock being converted into sales has fallen across almost every region of the market over the last year. GetAgent analysed current sales turnover rates across the market, measuring the number of homes…
Read More 
Renters’ Rights Act – What landlords should do now
On 1st May 2026, the first raft of measures in the Renters’ Rights Act (RRA) come into force in England. Here are the key changes to be aware of and steps landlords need to take: Periodic ‘rolling’ tenancies will replace fixed-term tenancies. The common minimum six or 12-month commitments will disappear, and tenants will…
Read More