Rightmove Teams | Newbuild impact | Rents rocket

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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Foxtons finally feels the 'Gittins gold' as profits surge 10%<br />

Estate agency puts the bad old days behind it as recently-installed CEO says his strategies are working.

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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.

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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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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 />.

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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New CEO takes over reins at big international property portal

Kyero Co-founders Martin and Louise Dell have handed the leadership role to Gemma Coles.

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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.

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Naive first time buyers put plans on hold after discovering 'hidden costs'

New research reveals one in seven first time buyers suspend intention to buy due to raft of 'unexpected' fees and Stamp Duty.

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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.

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Average rent rockets 20% in a month to 'staggering' new record

Research by Goodlord shows the average rental is now above £1,300 per month, nearly 10% higher than the previous record.

Click here to read Average rent rockets 20% in a month to 'staggering' new record.

Naive first time buyers put plans on hold after discovering 'hidden costs'

 

Estate agency slams Government over 'too few' newbuilds in London

The Capital has the worst figures for new home completions over the last 10 years, Exp UK says, claiming Ministers have yet to make a  meaningful impact.

Click here to read Estate agency slams Government over 'too few' newbuilds in London.

Economic turmoil hammering commercial property, agents warned

The commercial estate agency market peaked in 2019 when revenue hit £7.3 billion but then the pandemic struck, shrinking the sector.

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Rightmove in bid to ensure agency staff use its platform more effectively

Teams View is available within the Rightmove Hub and allows agencies to have better visibility of the Rightmove training staff have completed.

Click here to read Rightmove in bid to ensure agency staff use its platform more effectively.

Northern council latest to consider property licensing for agents and landlords

North Lincolnshire Council is consulting on a scheme that will rein in rogue landlords and agents who are getting away with providing unsafe homes. 

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Interest rates of 6% and 7% will be the new normal

Mortgage Advice Bureau boss Peter Brodnicki says that stubborn inflation continues to see the Bank of England pushing rates up.

Click here to read Interest rates of 6% and 7% will be the new normal.