About the Claim
The claim is being taken against Rightmove on behalf of thousands of UK real estate agents.
Through the claim, Jeremy Newman alleges that Rightmove has charged its subscribers excessive and unfair prices to list properties on its online portal. The damages from this harmful practice are estimated to total around £1 billion.
The company has admitted its own dominance of the market.
According to Rightmove themselves, 80% of all consumer time on UK property portals is on its platform. The company has therefore admitted its own dominance of the market.
This dominance has allowed Rightmove to be the most profitable company in the FTSE 100, reporting around 70% profit margin in 2024.
Put simply, Rightmove is taking unfair advantage of its dominant position in the online property portal market by charging its subscribers excessive and unfair fees for its services.
Jeremy is aware of the extent of discontent from Rightmove subscribers and is seeking to secure compensation for them.
Rightmove is taking unfair advantage of its dominant position.
Who is eligible under this claim?
Any Rightmove subscriber who is based in the UK, and paid subscription fees to Rightmove in the period since 2009 is eligible under this claim. The claim being brought is ‘opt-out’ meaning that you will automatically be included in the proposed class and, in the event of success, will be eligible for compensation if you meet the relevant criteria.
If you think you are eligible for this claim, we recommend you sign up for further updates below.
The claim is fully funded by Innsworth Capital. It will not cost you a penny to be part of this claim. We will simply be in touch as the claim progresses. For more information, please see the FAQs page, or contact [email protected].