Zoopla
Zoopla said it saw an average of 39.9 million visits to its website amid the UK property market recovery Zoopla

Zoopla Property Group said it had almost eleven million more visits a month to its website as the UK housing recovery heats up.

The firm said it had 39.9 million visits a month on average to its Zoopla.co.uk property listings website in the six months to 31 March, 2014, a 37% leap when compared with the same period a year before.

As a result, its profit before tax and other items lifted by 26% across the year, to £18.7m (€23m, $32m). Revenue jumped 26% to £30.3m.

This is off the back of a powerful revival in housing market demand. More buyers are looking for property thanks to the strengthening UK economic recovery and cheaper mortgages.

Mortgage approvals are on the rise amid low interest rates and government schemes such as Help to Buy.

Zoopla is owned by the media division of Daily Mail and General Trust (DMGT), venture capital firms Atlas Venture and Octopus Ventures, and a number of angel investors.

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