Mortgage fears | Time to sell | Auction milestone




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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Consolidation ramps up in auction market as two firms merge

Pugh’s Mark Thompson says that the merger will reinforce its strength and leading position in the northern property auction market. 

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Time to sell highest for 10 years as buyers grapple with mortgages<br />

New analysis by estate agency Hamptons reveals the average wait time for a buyer is up to 49 days now, almost double previous figure.

Click here to read Time to sell highest for 10 years as buyers grapple with mortgages<br />.



Auction giant Iamproperty hits 6,000 estate agency partners

The latest agents to have joined the Partner Agent network include Clee Tompkinson & Francis in South Wales and Bond Oxborough Philips in Devon.

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The June 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.
 
• Keeping landlords – expert help on maintaining your portfolio.
 
• Renters (Reform) Bill – the proposed legislation reviewed.
 
• Deposit protection schemes – alternatives and options.
 
• Agent interview: Michael Wright of Douglas Allen.
 
• 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 June 2023 issue is published – online for you to read now. Just click and flip!<br />.



BLOG: Can tech really can give estate agents a competitive edge?<br />

BriefYourMarket’s Richard Combellack explores ways that lettings agents can integrate proptech into their business, to make them more efficient.

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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.

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FEATURE: Deposit protection – you have a choice

Charlotte Flake talks to the companies who protect deposits for tenants – and the alternative 'no deposit' schemes.

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Purplebricks launches national £999 selling fee under new ownership<br />

Strike, which bought the firm for £1 just a few days ago, says bold new strategy will help grow the firm.
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Click here to read Purplebricks launches national £999 selling fee under new ownership<br />.



More mortgage deals pulled as nervous market fears rate rises

Lenders withdraw additional mortgage offers amid concerns that the Bank of England will raise interest rates further.

Click here to read More mortgage deals pulled as nervous market fears rate rises.