Your weekend roundup of top news and comment

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.

COMMENT: Have cash, will buy...

House prices analyst, Kate Faulkner, points to the likely sources of buyer business in the coming months.

Click here to read COMMENT: Have cash, will buy....

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 />.

The Four Horseman of the Property Apocalypse are saddling up!<br />

Glentree International boss Trevor Abrahmsohn says continuing to clobber landlords is folly we may now be looking at a repossession and homelessness crisis. 

Click here to read The Four Horseman of the Property Apocalypse are saddling up!<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!.

Public complaint upheld over estate agency's prize draw

The Advertising Standards Authority found Blenheim Sales and Lettings had not made it clear how winners claimed draw prizes.

Click here to read Public complaint upheld over estate agency's prize draw.

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 />.

OnTheMarket launches mortgages service ‘OnTheMarket Money’<br />

Would-be house buyers using the portal will now be able to get an online Mortgage in Principle in a referral deal with broker London & Country.

Click here to read OnTheMarket launches mortgages service ‘OnTheMarket Money’<br />.

Loop and Acaboom partner to drive leads

Estate agency software provider Loop has partnered with Acaboom, the cloud-based market appraisal 'toolkit'.

Click here to read Loop and Acaboom partner to drive leads.

EXCLUSIVE: Entrepreneur plans agent-owned portal to tackle likes of Rightmove

Find Properties will encourage agents to differentiate themselves by improving their own web presence which will also improve standards and competition.

Click here to read EXCLUSIVE: Entrepreneur plans agent-owned portal to tackle likes of Rightmove.