Up-front info | Conveyancer loss | Buy-to-let buyer

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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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.

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Conveyancing giant reveals loss while takeover talks continue

Smoove made an EBITDA loss of £4.8 million in the last year, as it waits for a possible bid from a rival firm.  

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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!.

Strang & Co defies doomsters and launches buy-to-let search service

Buying agent Charlotte Strang launches after enquiries from local investors as well as those from overseas seeking quality flats near the universities in Bath and Bristol.

Click here to read Strang & Co defies doomsters and launches buy-to-let search 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 />.

Charity land sale boost for Propertymark members

Propertymark policy chief says agents can now sell charity land after previous rules only allowed sales through members of RICS.

Click here to read Charity land sale boost for Propertymark members.

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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Lack of up-front information still scuppering home sellers

The majority of sellers said the timeline in which they had to move was an important factor when entering the market but four in 10 would pay for a quicker sale.

Click here to read Lack of up-front information still scuppering home sellers.

Deposit API deal 'makes registration much simpler'

TDS has signed a tech agreement with student property specialist EREC Estates to make deposit registration 'seamless'.

Click here to read Deposit API deal 'makes registration much simpler'.

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.

Letting agents have eight weeks to comply with new Northern scheme

The Merseyside scheme requires agents and landlords to submit their applications for a licence by August 31st and so far 600 have been received.

Click here to read Letting agents have eight weeks to comply with new Northern scheme.

FEATURE: How to relieve the stress of lettings

Lisa Isaacs looks at ways of reducing the daily burden of regulation and compliance on letting agents.

Click here to read FEATURE: How to relieve the stress of lettings.

BLOG: Business support, software and services – how to get 'bang for your buck'

When times are hard, it’s critical to analyse your investments – from software tools to additional services or business support, says Brian Farrell.

Click here to read BLOG: Business support, software and services – how to get 'bang for your buck'.