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

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.