Michael Bruce is said to have been courted by City investors in recent days as he looks for the million necessary to take on Rightmove and Zoopla.

Portal says it has also increased the proportion of agents on longer-term contracts from 23% to 84% during the pandemic.

Jason Tebb has been revealed as the portal's new CEO bringing with him 20 years in the property and estate agency industry.

Many business leaders and large agency groupings have been shown the platform and say it is well funded and will take on the portals.

Campaign group headed up by Acorn estate agency CEO is calling on Rightmove to cut some financial slack as a potential recession looms.

Murray Lee, who has headed up one of the four key portal fees campaigning groups following the Covid pandemic, says 'we have nothing to fear but fear itself'.

The portal claims home buyers and sellers of all kinds are hungry for information in today's Covid-racked housing market.

The newspaper has decided Zoopla's 'We know what a home is really worth’ campaign is so good it's given the portal free advertising on its website.