Acorn profits dive | Sellers packs | Help to Buy




Brutal industry reaction as Purplebricks looks for 'new ownership structure'

When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.

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Sunak appoints replacement for housing minister - sixth in a year!<br />

Rachel Maclean has been appointed as a DLUHC minister to take over from Lucy Frazer, who was promoted to the Cabinet.

Click here to read Sunak appoints replacement for housing minister - sixth in a year!<br />.



Belvoir Group reports record revenue after £4 million jump

Revenue at the Group increased to a record £33.5 million from £29.6 million in 2021 buoyed by an increase on rents on new tenancies increasing by 10.8% during 2022.


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Help to Buy 'must be extended beyond new builds', says estate agency chief

The trade body's CEO Nathan Emerson welcomes news that Help to Buy may make a comeback, but says it needs to include older properties.

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Hometrack launches service that reveals agent listing secrets<br />

Sales and lettings firms will be able to use the product to see how their listings are performing against others in their local market through data like 'time to sell'.

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Acorn Group reveals profits slump before LRG takeover<br />

The parent group of John Payne and Langford Russell saw profits fall nearly £4 million prior to the LRG buyout, its own figures show.

Click here to read Acorn Group reveals profits slump before LRG takeover<br />.



Estate agents urged to offer 'sellers packs' NOW

For some vendors, a collapsed sale prompts cold feet and properties to be withdrawn from the market altogether for fear of further stress and financial losses.

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Nearly a third of adults with 'complex incomes' denied mortgages – report

For those on zero hours contracts in particular, it can be more difficult to get a home loan because they are perceived to be a higher risk to lend to.

Click here to read Nearly a third of adults with 'complex incomes' denied mortgages – report.