Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
Court Date Set in £1.5bn Legal Action Against Rightmove
A court hearing has been scheduled for 2-3 November 2026 in a £1.5 billion legal action against Rightmove. The case concerns allegations that thousands of UK estate agents and new home developers were overcharged by the property portal.
The Competition Appeal Tribunal has ordered the hearing to determine whether a Collective Proceedings Order will be granted. This order would certify the claim and allow it to proceed to a full trial. The legal action is led by Jeremy Newman, a former panel member of the Competition and Markets Authority (CMA).
The claim alleges that Rightmove abused its dominant position in the online property portal market by charging excessive and unfair fees to estate agents listing properties on its platform. The total damages claimed are estimated at around £1.5 billion.
According to the report, Rightmove must file its response to the legal claim by 29 July 2026. Jeremy Newman is required to file his reply to Rightmove’s response by 25 September 2026.
Rightmove’s accounts indicate a profit margin of around 70%, making it one of the most profitable companies in the FTSE 100. The legal action invites estate agents and new home developers who paid subscription fees to Rightmove between 1 April 2020 and 1 April 2026 to get in touch.
Source: Property Industry Eye