Reform bill worry | Interest rate hike | Conveyancing fear

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. 

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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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Too many broken promises 'could break conveyancing system' says industry boss

Trade organisation is receiving so many complaints about undertakings being breached that there is a risk of the conveyancing system falling apart, warns CEO.

Click here to read Too many broken promises 'could break conveyancing system' says industry boss.

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

 

Interest rates are expected to be cranked up today but is that the right thing to do?

Trevor Abrahmsohn says it is folly to increase interest rates today without giving the last 13 increases a chance to make their full effect felt.

Click here to read Interest rates are expected to be cranked up today but is that the right thing to do?.

Complaints about property firms rise by 15% TPO figures show

Rebecca Marsh of the redress scheme says it nevertheless reduced the number making it to formal complaint stage via early resolution and intervention.

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Tory senior shares concerns over Renters (Reform) Bill with estate agent

Nadhim Zahawi promises to take landlords’ concerns to the top after meeting with Midlands-based land and property agent Sheldon Bosley Knight.

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Housing market 'facing 5-6% hit this year... and next', leading agent predicts

Tom Bill at Knight Frank told the BBC the property industry is being attacked from "all sides at the moment".

Click here to read Housing market 'facing 5-6% hit this year... and next', leading agent predicts.

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.