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Rightmove plc

Rightmove plc is an online property search business in the FTSE 250. Rightmove was formed in 2000 as Rightmove.co.uk Limited as a joint operation by the UK’s leading property businesses including Halifax, Countrywide plc, Royal & Sun Alliance, and Connells, and became Rightmove plc in 2006 when it became listed on the London Stock Exchange. In 2007, Rightmove purchased 67% of Holiday Lettings Ltd, and launched rightmoveoverseas.co.uk.

Latest articles

Asking prices in capital at new high of £450,000

17.10.11
Property asking prices in London have soared to an all-time high of over £450,000, a survey reveals... more

Rightmove in a leap of 17% as its househunters get more mobile

03.08.11
One in five househunters are using a mobile device to look for property rather than a computer or laptop, according to Britain's biggest online property firm, Rightmove... more

Rightmove website busy despite housing market woes

02.11.10
Rightmove says usage on its website is at near record levels despite a tough housing market, making it confident of meeting expectations for the year... more

Shares portfolio: Child benefit woes make Mothercare good buy

12.10.10
Panmure Gordon says buy shares in Mothercare, naming a 600p price target ahead of its trading update on Thursday... more

Banks turn screw on homeowners and businesses

20.09.10
Households and businesses feel the brunt of a new bank squeeze after the worst August for mortgage lending in a decade and a fresh fall in company loans... more

Market report: Rightmove shoots up on rumours of possible takeover

10.09.10
Is a major predator planning to move in on property website Rightmove?... more

Rightmove holds firm amid the property market jitters

27.08.10
Property website Rightmove brushes aside concerns over the housing market as it reports a 39% leap in half-year profits... more

City Spy: John Redwood manoeuvres on capital gains tax

24.06.10
John Redwood predicts the increase in capital gains tax will lead to a fall in revenue — rather than the extra £725 million the Treasury is projecting... more

Rightmove brushes off house price fall with record profits

26.02.10
Property website Rightmove reports record profits as the housing market recovers from the worst slump in decades... more

Economy 'not strong enough' for steep rise in house prices

15.02.10
Property asking prices rise 3.2 per cent in a month - a leap the economy cannot support, according to a homes website... more

Rightmove ups profit forecast on busy January

09.02.10
January was so good for property website Rightmove it declares that this year's profits will beat City expectations... more

Half of people 'expect house prices to rise' in 2010

25.01.10
More than half of Britons believe house prices will rise during 2010, a survey by Rightmove.co.uk claims... more

Housing revival 'hits hitch'

23.11.09
The housebuilding recovery is stalling, strangled by a lack of first-time buyer affordability, according to one leading industry analyst who is telling his clients to get out of the sector fast... more

‘Homes famine’ prices buyers out of market

28.09.09
Number of homes for sale in parts of the capital has fallen by more than 40 per cent in a year as the 'property famine' intensifies... more

Rightmove sees growth, calls end to house slump

21.08.09
Housing website Rightmove signalled the housing market is on the mend as it bounced back from “the toughest property market conditions in a generation” ... more

Flats snapped up as agents use 'sensible pricing' policy

23.04.09
Almost three-quarters of the properties in a major new private development in north London have been snapped up within three weeks... more

Sellers slash prices of 1,000 London properties

21.04.09
More than 1,000 properties on sale in London have had their prices slashed in just seven days... more

City workers forced to sell multi-million-pound homes

20.04.09
City workers are selling off properties in some of London's most expensive areas as the credit crunch threatens to bring an end to the bonus culture, figures reveal... more

House prices badly hit by Heathrow runway plan

16.03.09
Plans for a third Heathrow runway have had a severe effect on house prices in the area, figures reveal... more

Rightmove reaps rewards as estate agents shut up shop

27.02.09
Property: The UK housing market is in the midst of its worst downturn in modern history, says property website Rightmove, but it is doing fine as more and more business is done on the internet ... more

Rightmove reaps rewards as estate agents shut up shop

27.02.09
Property: The UK housing market is in the midst of its worst downturn in modern history, says property website Rightmove, but it is doing fine as more and more business is done on the internet ... more

City workers dump £1m apartments on market

15.12.08
City workers worried about losing their jobs are rushing to sell their Canary Wharf flats, according to new housing figures... more

Asking prices cut by 5 per cent but homes still fail to sell

17.11.08
London homeowners are lowering their asking prices by more than five per cent but it is not enough, a report shows... more

300 estate agents a month quit property website

13.11.08
The crisis facing estate agents was laid bare as property website Rightmove said that up to 300 members were quitting the service each month... more

Property website cuts staff as sales slump

23.10.08
The crisis facing estate agents deepened when the country's leading property website axed more than a fifth of its workforce... more

Asking prices for properties rise despite credit crunch

22.09.08
Asking prices for properties in London have increased despite the credit crunch and mortgage famine, figures reveal... more

Asking prices fall £20,000 as house sellers cave in to the credit crunch

18.08.08
House sellers in London are finally coming to terms with the credit crunch and have slashed the asking price of their homes... more

Home sellers slash house prices

18.04.08
House sellers are being forced to offer massive discounts as the credit crunch engulfs the London property market.... more

Home sellers forced to slash prices

18.04.08
Asking prices for houses in almost every London borough have plunged in a month... more
  • Facts
  • In 2006, Rightmove.co.uk £33.6 million, an 85% increase of the revenue from 2005. 94% of the earnings of 2006 came from online advertising from property agents
  • Also in 2006, 337 million pages online were viewed in one month on Rightmove.co.uk, an increase of 2005’s 165 million
  • In May 2008, HBOS (once Halifax), one of the founding members of Rightmove.co.uk, sold its stake in Rightmove
  • Access for viewers on Rightmove.co.uk is free, but property agents must pay to advertise properties online, and private property owners are not allowed to advertise on the website without an agent


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