A start-up that helps homeowners move property chain-free has suffered from a near trebling in annual losses.
Pre-tax losses at Nextday Property, the company behind the Nested brand, jumped to £13.4 million last year from £4.5 million in 2017, according to accounts filed with Companies House.
The loss was driven by a sharp increase in administrative expenses, which rose to £8.9 million from £3.3 million a year earlier.
A start-up that helps homeowners move property chain-free has suffered from a near trebling in annual losses.
Pre-tax losses at Nextday Property, the company behind the Nested brand, jumped to £13.4 million last year from £4.5 million in 2017, according to accounts filed with Companies House.
The loss was driven by a sharp increase in administrative expenses, which rose to £8.9 million from £3.3 million a year earlier.
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