still, zoopla sounding upbeat. political and economic challenges in the market, but they don't see any material impact. the first few months of their last quarter of training, they say are going in line with expectations. what is the key challenge to many analysts were speaking me to about it, anthony codling earlier, the threat of agents mutual which is launching in january 2015. they will be launching a new website called on the market.com. they are launched by agents were sick to death of paying out high fees to zoopla. they offer a cheaper version. you get a cheaper fee, but you are only allowed to advertise one other rival. you have to drop one of them. zoopla is saying in the short term, this will have an impact. it is a challenge. there are numerous launches that we dealt with in the past and we always managed to navigate this well. they are saying in the longer term, they don't see the launch of on the market.com that much of a rifle. jeffrey codling said the same thing yesterday. they got four days and --

zoopla has been downing -- dining out. they say a record audience.e have half a billion people going on their website this year. 57% going via mobile. they are looking to increase abroad as well. interesting they are trying to shrug off concern next year. we have an election coming up. i talked to jefferies, who said, in an election year you hold off . in the second half, once the election is done, we see transactions buildup again. they say political and economic challenges have not had a material impact on them. >> there are competitive threats looming in the business. >> agents mutual has been created by six the state agents who are fed up -- a state -- estate agents who are fed up. it goes live in january. they are saying, use us. the players will be pushed to one side. that is the worry. overall they think this is it too much of a threat. >> thank you very much. a number of companies affected by the strength of the u.k. housing market. we will speak to the head of bank about thest state of the brazilian company. as we head to break, i can tell y