Estate agent turned MP Kevin Hollinrake reveals how Hunters almost went bust

Estate agent turned MP Kevin Hollinrake reveals how Hunters almost went bust

Desktop/Tablet Image




Kevin Hollinrake

Estate agent turned MP Kevin Hollinrake has appeared on the Agent’s Journal Podcast with Hortons founder, Adam Horton, in what is the final episode of a Housing Crisis mini-series.

In the podcast, the shadow Levelling Up, Housing & Communities Secretary reflects on how Hunters, which he co-founded in 1992, almost went bust after Black Wednesday when interest rates surged from 10% to 15% in a single day in September of that year.

“It was a desperately difficulty back-end to that year,” he explained. “We thought we would go bust. A couple of cheques bounced and it looked unlikely that we would get through the winter.”

Reflecting on the interview with Hollinrake, part of a three-part series on the housing crisis, Adam Horton, host of The Agent’s Journal Podcast, said: “We couldn’t miss the opportunity to talk about his incredible journey building Hunters into a household name.”

Watch:

 




Daily news email from EYE

Enter your email below to receive the latest news each morning direct to your inbox.





Source link

Desktop/Tablet Image
Desktop/Tablet Image