Rightmove, the º£½ÇÊÓƵ's largest property portal, reported a surge in revenue and profit on Friday, driven by estate agents upgrading marketing packages and increased demand across its rental and mortgage divisions.
The FTSE 100 company announced to the market that revenue had risen by 10 per cent to £211.7m in the first half of 2025, up from £192.1m the previous year, while operating profit also saw a 10 per cent increase, reaching £145.4m, as reported by .
The firm attributed the positive trend to renewed market activity and agent confidence, noting its highest first-half estate agency retention in over a decade and a slight rise in total membership among agents and new home developers.
Rightmove revealed that more agents were choosing its top-tier "Optimiser Edge" product – now utilised by a third of independent agents – while developers were adopting a new premium marketing tool named "Ascend", launched during what Rightmove characterised as "a post-Covid low" in new build stock.
CEO Johan Svanstrom stated that the platform's investment in digital tools was "helping agents and developers compete in a tight market."
"In the context of a favourable market for agents, we have seen an increase in agent formation", he said. "Developers of new builds are turning to marketing products... to help compete for buyers."
Rentals, mortgages and commercial property fuel growth
The company's newer business sectors also showed robust growth, with combined revenue from its rental services, mortgage and commercial arms rising by 37 per cent year-on-year.
The company's digital lettings platform "lead to keys" attracted approximately 270 additional partners during this timeframe, whilst its mortgage division more than doubled turnover to £4.5m – facilitating the introduction of roughly £20bn in potential lending opportunities to brokers and partners.
Commercial property listings also grew, with partner numbers climbing 17 per cent since December.
User engagement remained robust, with 9.1 billion minutes logged on the platform – marking the second-highest figure recorded – and social media activity across channels including TikTok, LinkedIn and Instagram rising threefold.
These figures emerge against a backdrop of mounting optimism within the property market, as declining mortgage rates and indications of a potential rate reduction later this year bolster confidence amongst estate agents and purchasers.
Based on Rightmove's internal market intelligence, sales agreed during the first half exceeded the corresponding period last year by six per cent, whilst completions surged by more than 20 per cent.
Moving forward, the business maintained its forecast for eight to 10 per cent revenue expansion this year alongside an underlying operating margin of 70 per cent.
The group distributed £112.4m to shareholders through dividends and share repurchases over the six-month period.
