Skip to main content

2023 Full Year Results

Our vision is to give everyone the belief they can make their move.
Rightmove is the UK’s number one property portal.

2022 Annual Report       Full Year Results

Share Price

Share price tool

Financial Calendar

10 May 2024
2024 Annual General Meeting
See financial calendar

Company

Vision

Rightmove’s vision is to give everyone the belief they can make their move.

Our mission is to make the move easier and simpler, by giving everyone the best place to turn to and return to, for accessing the tools, expertise and trust to make it happen.

Rightmove is the UK’s number one property portal.

 

Rightmove history

Culture and Values

Our ambition is to be the place that consumers and customers turn to as their property portal of choice. To deliver that objective, Rightmove needs to be a sustainable business that people want to work for, invest in and partner with.

Our strategy is to make Rightmove a great place to work through an open, collaborative culture, based on the belief that we are all in it together. Rightmove aims to be a supportive and inclusive employer with a diverse workforce.

To read our ESG strategy, please click here, and to read our latest results, including our Sustainability report, please click here.

The ‘Hows’

At the heart of everything we do are the Rightmove Hows – the essential values and behaviours which reflect our culture.

  • Do the right thing for consumers and customers
  • Build great teams because Rightmove is people
  • Be curious and go out of your way to understand
  • Share honestly, early and often
  • Take responsibility and make things that matter happen
  • Make complex things as simple as possible
  • Drive improvement, we can always be better
  • Dare to do, be bold - don’t be afraid of mistakes you can learn from
  • Be approachable and appreciate what others do
  • Enjoy the journey, be part of it

Are you looking for your next move?

Rightmove is a great place to work.

Rightmove Careers

Business model

Our Brand

Our commitment to digital innovation, providing a best-in-class home search experience for home movers and marketing channels for our customers, underpins our Brand strength and places us at the heart of the UK property market.

 

Please turn to our Annual Report for further details of our business model and how we create exceptional value for our stakeholders.

Consumers

For home movers, Rightmove is free to use and is the only place where they can see almost the entire UK property market in one place. Rightmove has become the place consumers turn to first when they think about moving home – they can rely on the speed and availability of our platforms to review more properties for sale and rent than
anywhere else. In addition, our platform’s simplicity and property information eases what can be a stressful process.

Customers

By creating the UK’s largest digital property portal, with the largest selection of properties, we have brought together virtually all the home moving audience our customers want to attract. We offer the most significant and effective exposure for their brands and properties, resulting in the largest source of high-quality leads, thereby significantly increasing our customers’ marketing efficiency.

Board of Directors

Our Board is collectively responsible for promoting the long-term success of the Company for the benefit of Rightmove’s shareholders and wider stakeholders including customers, consumers, employees, the wider communities in which we operate and the environment. Rightmove’s Board of Directors comprises individuals from different backgrounds with a mix of skills, experience, knowledge, and perspectives. A majority of the Board are independent non-executive directors.

For details of Board Diversity please see the Corporate Governance section of the Annual Report.

The Board has established four committees (Audit, Nomination, Remuneration and Corporate Responsibility). The Chair of each committee reports to the Board on committee activities at each scheduled Board meeting. No person, other than a committee member, is entitled to attend the meetings of these committees, except by invitation by the chair of that committee.

Corporate Governance framework

The Board has established four committees, the Audit Committee, the Remuneration Committee, the Nomination Committee and the Corporate Responsibility Committee, to assist it in the execution of its duties. The Chair of each Committee reports on the respective Committee’s activities at the subsequent Board meeting.

No person other than a Committee member is entitled to attend the meetings of these Committees, except by invitation of the Chair of that Committee.

Committee Terms of Reference

Audit committee

Committee remit

The Committee is an essential part of Rightmove’s governance framework to which the Board has delegated oversight of the accounting, financial reporting and internal control processes, the outsourced internal audit function and the relationship with the external auditors.

Committee members

The Committee members are independent Non-Executive Directors and comprise:

  • Andrew Findlay (Chair)
  • Jacqueline de Rojas
  • Kriti Sharma

Audit Committee Terms of Reference

Remuneration committee

Committee remit

The Committee’s key objective is to design and implement a remuneration policy to attract, reward, retain and incentivise our management team and wider workforce to deliver Rightmove’s long-term business strategy.

Committee members and advisors

The Committee members are independent Non-Executive Directors and comprise:

  • Lorna Tilbian (Chair)
  • Jacqueline de Rojas
  • Amit Tiwari

Remuneration Committee Terms of Reference

Nomination committee

Committee remit

The role of the Committee is to keep the structure, size and composition of the Board and Committees under review. Our primary objective is matching the skills, knowledge and experience of Directors to Rightmove’s business strategy and optimise Board performance, manage risk effectively and foster innovation in the business.

Committee members

The Committee members are independent Non-Executive Directors and comprise:

  • Andrew Fisher (Chair)
  • Jacqueline de Rojas
  • Andrew Findlay
  • Lorna Tilbian
  • Amit Tiwari
  • Kriti Sharma

Nomination Committee Terms of Reference

Corporate Responsibility Committee

The Committee’s role is to have oversight of the Group’s Environmental, Social and Governance (ESG) strategy and to regularly review progress against that strategy and any associated KPIs. The Committee reviews and assesses the Company’s climate related actions and reporting and receives updates on the Company’s Social strategies.

Committee members

  • Andrew Fisher (Chair)
  • Jacqueline de Rojas
  • Alison Dolan
  • Andrew Findlay
  • Lorna Tilbian
  • Amit Tiwari
  • Kriti Sharma
  • Johan Svanstrom

Corporate Responsibility Committee Terms of Reference

The Risk Committee reports to the Audit Committee and is responsible for the identification and assessment of risks and for reviewing the effectiveness of Rightmove’s internal controls and risk management systems.

Risk Committee members

The Committee is comprised of the Chief Financial Officer and members of the Senior Leadership Team:

  • Chief Financial Officer (Chair)
  • Legal and Compliance Director
  • Director of Mortgages
  • Chief Operating Officer
  • Chief Information Security Officer

Committee meetings

The Committee meets regularly throughout the year to identify and assess all risks and opportunities.

Please refer to the Risk Management section of our Annual Report for further details.

We are committed to a Board comprised of directors from different backgrounds with diverse and relevant experience, perspectives, skills and knowledge.

We believe that diversity, including gender diversity, amongst directors contributes towards a high performing and effective Board and business, so we strive to maintain the optimal balance. We endorse both a meritocratic Board appointment process and balanced gender representation on the Board.

Please refer to the Board Diversity, Equity and Inclusion Policy  in our Policies Hub below.

The current Remuneration Policy was approved by shareholders in May 2023.

Remuneration Policy

Rightmove’s stakeholders are:

  • Shareholders
  • Customers
  • Consumers
  • Employees
  • Suppliers
  • Communities
  • Environment
  • Regulators/Industry bodies

Please read our latest Section 172 Statement for more details.

Section 172 Statement

Investors

Share Price Centre

Financial Calendar

ESG

Rightmove is a sustainable, responsible  business, that generates value for all stakeholders.

Rightmove’s environmental, social and governance (ESG) strategy has since 2019 had two goals:

  • To continue to make our business better and more sustainable, by securing our platforms and systems, minimising our environmental impact, ensuring meaningful diversity in the workforce and strong corporate governance; and
  • To make a difference beyond the direct operation of our business, through the reach of our platforms and our contribution to wider society.

Our progress to date

Environment

  • Carbon neutral status since 2019
  • Validated SBTi targets in 2022
  • Increased recycling in our offices
  • 2023 Launched ‘Go Greener’ initiative internally and re-invigorated our environment-focused employee group

Social

  • Reducing our gender and ethnicity pay gaps
  • Demonstrably increasing diversity and equity
  • Early alignment with new FCA Board diversity targets
  • Consistent levels of workforce satisfaction
  • History of corporate giving

Governance

  • UK Code of Corporate Governance compliance and robust systems of governance, risk management and internal controls
  • Safe and secure platforms and zero reportable data breaches

Tax Strategy

Rightmove’s approach to taxation forms part of the Group’s broader commitment to its corporate and social responsibilities and it is committed to paying the right amount of tax, at the right time.

Read more

Modern Slavery Statement

Rightmove is absolutely committed to preventing slavery and human trafficking in its business and supply chains.

Read more

Gender Pay Gap Reporting

Our people drive Rightmove’s success and a transparent, fair and diverse culture is important to us.

Read more

Contacts

Rightmove plc is registered in England No 6426485

Registered office:
2 Caldecotte Lake Business Park
Caldecotte Lake Drive
Caldecotte
Milton Keynes
Buckinghamshire
MK7 8LE

Milton Keynes

2 Caldecotte Lake Business Park
Caldecotte Lake Drive
Caldecotte
Milton Keynes
MK7 8LE

Third party advertisers
London

33 Soho Square
London
W1D 3QU

Careers

Please visit the Rightmove Careers  website.

For estate agents and new homes developers

Are you considering listing your properties on the UK’s Number One Property Website? We would love to talk to you about the benefits that Rightmove membership can bring to your business. Please visit our advertise with us page to learn more about the products and services we offer.

For all our existing business customers, please visit our customer FAQ’s page or email us at customersupport@rightmove.co.uk. This will guarantee a speedy response from one of Rightmove’s dedicated customer care representatives.

Newcastle

Suites 12 and 13, Part Ground Floor
NEON Q10 Quorum Business Park
Benton Lane
Newcastle Upon Tyne
NE12 8BU

Press Office

For Press Office enquiries please contact:

Email: press@rightmove.co.uk

For Financial PR enquiries please contact:

Powerscourt

Email: rightmove@powerscourt-group.com

Advisors and Registrars

Advisers

 

Registrars

The Company’s registrars are Link Group
Link Group
Central Square
29 Wellington Street
Leeds
LS1 4DL
Link shareholder helpline:+44 (0)371 664 0300
(Overseas: +44 (0)371 664 0300)
Email: shareholderenquiries@linkgroup.co.uk
Share portal: www.signalshares.com

Investors Relations
Whistleblowing

Whistleblowing reports can be made to companysecretary@rightmove.co.uk

For details of our independent whistleblowing line provider, please refer to our Whistleblowing Policy.

Back to top