Software law suit | High flyer | Agents praised

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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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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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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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.

Lettings agency wins payment from software firm for 'wasted time and lost business'

Key One Property in Belfast reveals it took a threatened court action to persuade the lettings software platform to provide compensation.

Click here to read Lettings agency wins payment from software firm for 'wasted time and lost business'.

Sothebys poaches estate agency high flyer from Savills

Sarah Peck joins the luxury agency’s London office as Senior Sales Director having previously helped mastermind the sales of London’s standout developments.

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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.

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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.

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Crash? House prices fall more severe than expected, says Knight Frank<br />

The agency's head of residential research, Tom Bill, says it has revised its prediction for this year from a 5% fall to 7%, with another drop of 4% in 2024.

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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.

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Council makes unusual move by awarding and praising local agents

The group were presented with awards for their high standards of management and support they provide to people looking for private rented accommodation.

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New builds hit high as builders scramble before Net Zero deadline

The highest quarterly total of new build homes in 45 years was recorded in Q2 as builders strived to beat a deadline for carbon emissions.

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Law firm merges teams to launch estate agency and landlord offering

The 28-strong real estate team have transacted deals at a value of over £500 million with projected turnover is set to reach well over £2 million.

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