Your weekend roundup of top news

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.

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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 />.

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.

Click here to read Foxtons finally feels the 'Gittins gold' as profits surge 10%<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 />.

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.

Click here to read New CEO takes over reins at big international property portal.

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.

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.

Click here to read Naive first time buyers put plans on hold after discovering 'hidden costs'.

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'.

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

 

Big agency launches ‘super branch’ in historic Midlands city

The Grade II listed Coventry building dates back to the early 19th Century and was once the home of the organist at the city's Cathedral. 

Click here to read Big agency launches ‘super branch’ in historic Midlands city.

More landlords set to use letting agencies as red tape and repairs headaches rise<br />

Nearly a third of landlords cited ‘no longer having to deal with repairs’ as the main reason for the switching to using a letting agent.

Click here to read More landlords set to use letting agencies as red tape and repairs headaches rise<br />.

The Negotiator Awards – the Shortlist is announced – who's in the running?

The judges have deliberated and the contenders are decided. See who'll be challenging for the honours on 24th November at Grosvenor House.

Click here to read The Negotiator Awards – the Shortlist is announced – who's in the running?.

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.

In this month's issue:

 

• COVER STORY: How a branch makeover can win instructions.

 

• FEATURE: Rent guarantee insurance and how it can save your landlords.

 

• LEGAL: Direct marketing and how it can earn you a £500,000 fine.

 

• COMMENT: How to manage the credit squeeze and defaulting tenants.

 

• MARKETING: Don't be afraid of Artificial Intelligence – it could boost your business – starting tomorrow!

 

• REDRESS: Too much pressure. The Property Ombudsman adjudicates on a complaint against an over-zealous agent.

 

•INTERVIEW: The agent who got into bed with billionaire, Warren Buffett.

Click here to read .

The Negotiator Magazine September edition is live and waiting for you – 54 pages of news, features, interviews, opinion and advice. <br />Just click and flip!

• House prices nationwide and regional – analysis.

 

• The Negotiator Awards – still time to enter, but you'd better hurry!

 

• FEATURE: How the QR code has reinvented traditional marketing.

 

• FEATURE: Telephone tech – it's like having an extra employee.

 

• FEATURE: Lettings apps – taking the schlep out of lettings.

 

• COMMENT: Why politicians should get practical, not political.

 

• COMMENT: How ULEZ will clobber the landlords.

 

• INTERVIEW: Age and gender are no barriers for this woman.

 

• PLUS: Agent reports, movers and shakes, marketing tips and much more...

 

 

Click here to read The Negotiator Magazine September edition is live and waiting for you – 54 pages of news, features, interviews, opinion and advice. <br />Just click and flip!.

RICS slams Rishi's U-turn on EPC minimum standards<br />

Usually cautious organisation says ongoing indecision about "EPCs and related matters does not fill the built environment sector with confidence".

Click here to read RICS slams Rishi's U-turn on EPC minimum standards<br />.

Dinner invite to estate agency seniors issued by leading industry duo

Baldock brothers are organising their latest central London dinner gathering for all comers who are owners or directors of agencies.

Click here to read Dinner invite to estate agency seniors issued by leading industry duo.

Big estate agency boss calls for Renters (Reform) Bill to be scrapped

Leaders Romans Group MD Michael Cook also wants court, planning and greenbelt reform, an increase in social housing and an end to inheritance tax.

Click here to read Big estate agency boss calls for Renters (Reform) Bill to be scrapped.

Estate agents struggling harder to sell homes second time around

TwentyEA data reveals previously marketed properties carry a much smaller chance of converting into a sale and are less likely to generate revenue for agents.

Click here to read Estate agents struggling harder to sell homes second time around.

Trading standards boss says he's powerless to stop 'eyewatering' referral fees

The head of National Trading Standards estate agency team says he doesn't have the staff to deal with conditional selling.

Click here to read Trading standards boss says he's powerless to stop 'eyewatering' referral fees.

<br />Alto's new integration gives agents automatic auction listing option

Online auction tech, Bamboo Auctions has released a new Alto Integration, making it easier to identify suitable properties for auction. 

Click here to read <br />Alto's new integration gives agents automatic auction listing option.