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Rightmove Reports 10% Half-Year Growth as New Segments Surge

It kept its full-year guidance intact after a 37% surge in rental, mortgage and commercial revenues

The group’s boss said the housing market was now more positive than in 2024 or 2023
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Overview

  • First-half revenue rose to £211.7 million and operating profit reached £145.4 million, each up 10% year-on-year.
  • New rental, mortgage and commercial arms delivered combined revenue growth of 37%, with the mortgages unit more than doubling to £4.5 million and introducing £20 billion of potential lending.
  • Average revenue per advertiser climbed by £112 to £1,609, led by a £153 increase among new-homes developers.
  • The company reported its highest first-half estate agent retention in over a decade alongside a slight rise in overall membership.
  • Shares fell 1% to 786.8p per share after the interim results and the board cut its 2025 home-price growth forecast to 2% as a glut of new homes entered the market.