RICS redundancy shock | Upfront info call | Agent expands

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.

Click here to read Belvoir Group reports record revenue after £4 million jump.

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The Neg's Head of Content, Nigel Lewis takes a long, cold look at the new bill to reform the PRS.

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MORTGAGE PAIN: Two-year deals more expensive after rate rise<br />

Rightmove's home loans tracker shows that two-year fixed rate deals are 0.26% higher than a week ago.

Click here to read MORTGAGE PAIN: Two-year deals more expensive after rate rise<br />.

Rents spike and voids plunge in June as PRS market heats up

The cost of rent rose in seven of the eight regions with the average cost of rent per property in England now £1,148 – up from £1,111 in May – a 3.3% increase. 

Click here to read Rents spike and voids plunge in June as PRS market heats up.

The July 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 – you have one month left to enter!

 

• Artificial Intelligence – it's here now, but where is it going? We talk to the property software experts.

 

• Purplebricks – the deal's been struck and it's rising from the ashes.

 

• Agent interview – this letting agent's business could be the model for all letting agencies.

 

• Lettings – how to ease the stress of an increasingly difficult business.

 

• 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 July 2023 issue is published – online for you to read now. Just click and flip!<br />.

Has peak rental demand peaked passed? New data says yes<br />

Figures from Barrows and Forrester reveal a quarterly and annual drop in tenant demand despite a crisis in the mortgage market pricing many people out.

Click here to read Has peak rental demand peaked passed? New data says yes<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!.

Estate agent buys branch in 'most exciting London property market'

Richard Wells, who already runs operations in Catford and Sydenham, has added Surrey Quays and Deptford to his growing list of territories.

Click here to read Estate agent buys branch in 'most exciting London property market'.

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 />.

No brainer? Upfront material information 'best way to improve conveyancing'

Jon Horton says upfront information increases certainty for the seller and leads to better business outcomes, reduced liability, fewer enquiries and less stress for all.  

Click here to read No brainer? Upfront material information 'best way to improve conveyancing'.

BLOG: Want to go it alone? Here’s 10 tips to launch your estate agency

Property Webmasters boss Jamie Arthur highlights key actions that will help ensure success when setting up your own estate agency business. 

Click here to read BLOG: Want to go it alone? Here’s 10 tips to launch your estate agency.

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

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EXCLUSIVE: Surveying firm makes nearly all staff redundant after RICS action

Prinsegate Surveyors has been placed under 'interim measures' for a year by RICS' disciplinary panel, and its new business "halved overnight".

Click here to read EXCLUSIVE: Surveying firm makes nearly all staff redundant after RICS action.

MARKET: Property sales down 25% but 'not all bad news' - HMRC

The latest figures from HMRC show a downturn in property transactions from last year, but some improvement in monthly totals.

Click here to read MARKET: Property sales down 25% but 'not all bad news' - HMRC.

Rightmove launches month of legislation webinars for agents

Staying compliant continues to rank high on the list of concerns from agents and remains one of the most popular topics covered in the portal's webinars.

Click here to read Rightmove launches month of legislation webinars for agents.

Rightmove launches month of legislation webinars for agents

Staying compliant continues to rank high on the list of concerns from agents and remains one of the most popular topics covered in the portal's webinars.

Click here to read Rightmove launches month of legislation webinars for agents.