Base rate reaction | Interest relief call | Rent freeze

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.

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Three cheers for agents' charitable efforts!

Each month The Negotiator showcases agents' fundraising activities for the disadvantaged in their local communities.  

Click here to read Three cheers for agents' charitable efforts!.

AGENT REACTION to yesterday's Base Rate hike by Bank of England<br />

Despite worries that a higher rate will damage the property market, the BoE believes getting inflation under control is more important.

Click here to read AGENT REACTION to yesterday's Base Rate hike by Bank of England<br />.

Landlords call for mortgage interest relief to be reintroduced

On the back of the interest rate hike, landlords are calling for the reintroduction of mortgage interest relief in full and for housing benefit rates to be unlocked.

Click here to read Landlords call for mortgage interest relief to be reintroduced.

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 />.

Call for two-year rent freeze as London rents 'spiral out of control'<br />

London Mayor Sadiq Khan warns that out-of-control rents are increasing risk of homelessness as 160,000 Londoners fall behind with payments.

Click here to read Call for two-year rent freeze as London rents 'spiral out of control'<br />.

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!.

Rightmove relaunches its property price report service

Its Best Price Guide was used over 17 million times last year and key improvements include better engagement with prospective vendors.

Click here to read Rightmove relaunches its property price report service.

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 />.

COMMENT: Why did the Bank of England hike the Base Rate so aggressively?<br />

Leading estate agent casts a critical eye over yesterday's decision to raise the base rate by 0.5% to 5%.

Click here to read COMMENT: Why did the Bank of England hike the Base Rate so aggressively?<br />.