Renters Reform Bill stuck | Landlords sell up | RICS hope




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.

Click here to read Brutal industry reaction as Purplebricks looks for 'new ownership structure'.



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.


Click here to read Belvoir Group reports record revenue after £4 million jump.



Housing market still weak but picking up... slowly, says RICS

Demand from new buyers continues to slump, but other signs point to a gradual recovery in sales as mortgage rates fall slightly.

Click here to read Housing market still weak but picking up... slowly, says RICS.



Capital Gains Tax receipts rocket as buy-to-let landlords offload property<br />

New figures from HMRC reveal that the taxman collected £18.1 billion in CGT in 2022/23 and means the public now pay more CGT than the hated Stamp Duty.

Click here to read Capital Gains Tax receipts rocket as buy-to-let landlords offload property<br />.



Renters Reform Bill stuck at final hurdle before publication

Sources at DLUHC have confirmed to The Neg that that the Renters Reform Bill will be published sooner rather than later.

Click here to read Renters Reform Bill stuck at final hurdle before publication.



'Thousands of landlords selling up' in face of EPC challenge

Cornerstone Tax says only one-in-five landlords believes their property investment has been profitable.

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Strike asks for extension to buy Purplebricks' business

Online agent, Strike, has requested more time to make an offer for the business and assets of Purplebricks.

Click here to read Strike asks for extension to buy Purplebricks' business.



The May 2023 issue is published – online for you to read now. Just click and flip!<br />

In this month's issue:
 
• The Negotiator Awards open for entry – read the ten compelling reasons why you should enter.
 
• Website content – get it right and win business.
 
• Property auctions – it's never been easier to offer auction.
 
• Lead generation and capture – just plug it in and switch it on.
 
• Agent interview: it's a Way of Life –  we meet a leading Build to Rent property manager.
 
• Plus: latest national house price analysis; hybrid agents, best ways to blog, charity efforts, The Ombudsman Files, agency and supplier news and much more. 

Click here to read The May 2023 issue is published – online for you to read now. Just click and flip!<br />.



BLOG: 'Agents can reduce the risk of tenancy fraud using modern ID checks'

Anti-money laundering and anti-fraud compliance specialist Harriet Holmes says the continuing cost of living crisis could lead to an increased risk of tenancy fraud.

Click here to read BLOG: 'Agents can reduce the risk of tenancy fraud using modern ID checks'.