Purplebricks CFO speaks | Mortgage deals pulled | Zoopla coup




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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ANALYSIS: Cash buyers and first time buyers are calling the shots 

House market expert Kate Faulkner says with FTBs and cash buyers driving the market, you need to get your sellers and buyers ready to go.

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Major lenders suspend mortgages ahead of expected rate rise<br />

Both Santander and HSBC have called a halt to new lending during the past few days as house buyers rush to beat another rate rise. 

Click here to read Major lenders suspend mortgages ahead of expected rate rise<br />.



Big national estate agency signs long-term contract with Zoopla

Andrews believes it has a big growth opportunity to expand in the South East this year and will benefit from Zoopla’s extensive coverage of this region.

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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 />.



Major regional auction firm snaps up lettings agency<br />

The firm says that this latest deal will more than double the size of its lettings business and that more acquisitions are on the horizon.

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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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Sister estate agencies kick off to raise £1,500 for charity

The Newton Fallowell and Lovelle Select XI took on the Weekend Wonders, a Romany FC veterans’ team from Northampton at the Newton Fallowell Stadium.

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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 />.



Purplebricks CFO breaks board silence after Strike deal<br />

Dominique Highfield, who has remained with Purplebricks after the hybrid agency's sale to Strike for £1, says it was an "enormous achievement".

Click here to read Purplebricks CFO breaks board silence after Strike deal<br />.