Your weekend roundup of top news stories

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.

Homebuyers reject return of Help to Buy

Research by agent comparison site GetAgent finds more than half of potential homebuyers say Help to Buy is not the answer.

Click here to read Homebuyers reject return of Help to Buy.

Bank of England raises interest rate again as expected to 4.5% – industry reaction <br />

Governor Andrew Bailey announces a base interest rate rise for the 12th successive time to deal with inflation – but says inflation is coming under control.

Click here to read Bank of England raises interest rate again as expected to 4.5% – industry reaction <br />.

Capital Gains Tax receipts rocket as buy-to-let landlords offload property

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.

The Great British Landlord Sell-off continues apace despite booming demand

As 33% of private landlords in say their selling properties, NRLA chief Ben Beadle says renters are bearing the brunt of the supply crisis.

Click here to read The Great British Landlord Sell-off continues apace despite booming demand.

Renters Reform Bill stuck at final hurdle before publication

Sources at the Department for Levelling Up, Housing and Communities 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.

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 />.

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.

LSL reveals new firm to take over some well known brands

The estate agency giant says it has reached a deal with Southern Homemove for franchise deals with Goodfellows, Hawes & Co, Lauristons and Davis Tate.

Click here to read LSL reveals new firm to take over some well known brands.

The Negotiator Awards are open for entry!

The UK's leading awards programme for estate and letting agents and suppliers is now open for entries. Register now to start your entry process.

Click here to read The Negotiator Awards are open for entry!.