PRS loses £1.3bn | Rental pets | New talent




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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FEATURE: How to hang on to your portfolio

Squeezed out by interest rates and regulation, landlords are leaving the PRS in droves, so  how can you keep them happy, asks Lisa Isaacs.

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Raining cats and dogs when it comes to rentals<br />

Kim Leadbeater MP was among more than 50 MPs and peers at a Westminster event hosted by the UK’s leading cat and dog charities to discuss rental laws.

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New agent academy targets young recruits

A new scheme to pull talent into the sector sees eight trainees signed up to Johns & Co's programme for budding agents.

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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 />.



Search agents group bolstered by new members<br />

IPSA is joined by the largest independent search firm and three others as it extends its national reach.

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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.

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



eXp agent guns for Edinburgh in cycle ride to raise cash for charity

Scott Gun has swapped the challenges of UK property with a gruelling 600 mile cycle from Margate to Edinburgh in aid of the Guy’s & St Thomas’ Charity..

Click here to read eXp agent guns for Edinburgh in cycle ride to raise cash for charity.



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 />.



£1.3bn lost to the PRS by renters staying with Bank of Mum and Dad<br />

The average would-be tenant is set to save £12,290 by continuing to live rent-free with parents this year – costing the PRS a whopping £1.3bn.

Click here to read £1.3bn lost to the PRS by renters staying with Bank of Mum and Dad<br />.