Purplebricks fear | Rightmove val tool | Phil Spencer interview

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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Worried Purplebricks vendors contact traditional estate agent over firm's 'sale'<br />

Michael Bailey says many customers of the hybrid agency in his area are concerned that their sales contracts will be honoured after firm's 'for sale' news.

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Scotland's prime market is booming, report leading agents<br />

Savills says £1 million-plus sales reached a new record north of the border last year with 491 transactions registered.

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Rightmove to offer home owners valuation tool from May onwards

Track My Property may offer valuations but portal is keen to reassure agents that users will be told only industry professionals can offer accurate ones.

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'Landlord bashing is beginning to affect supply in the rental market'<br />

Trio of senior property industry figures interviewed by Phil Spencer agree negative politicians, HMRC and campaigner actions against landlords are taking their toll.

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Letting agents in big London borough hit with £430,000 fines

Agents in Tower Hamlets landed with the huge total fines for both illegal fees and failing to sign up to a redress schemes.

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CMA to probe letting agents' role within the private rental sector

Work will also include looking at activities of landlords and probe consumer rights for tenants within the rental market.

Click here to read CMA to probe letting agents' role within the private rental sector.