Your weekend roundup of top stories




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!

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!.



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.



Higher profits at Rightmove as it squeezes agents hard for extra revenue

Turnover and profits jump as portal reveals second-highest increase in revenues from its advertisers, most of whom are agents.

Click here to read Higher profits at Rightmove as it squeezes agents hard for extra revenue.



KFH boss reveals £750 cost-of-living payment for all full-time staff

Big London agency's boss says he understands the financial pressures many staff are under and wants to be of 'some assistance'.

Click here to read KFH boss reveals £750 cost-of-living payment for all full-time staff.



Estate agents urged to be careful when working alone on viewings

The Guild of Property Professionals says all agents need to take precautions if working solo.

Click here to read Estate agents urged to be careful when working alone on viewings.



Estate agent successfully sues client for £318,000 commission after sale

Following a five-day court case Rokstone has won the payment after suing vendor Tiggy Butler over the sale of her £10.3 million mansion.

Click here to read Estate agent successfully sues client for £318,000 commission after sale.



Favourite to replace Nicola Sturgeon under fire over second homes tax

Hamza Yousaf, who is ahead of the other two candidates to become First Minister of Scotland, wants to tackle the issue of holiday and second homes.

Click here to read Favourite to replace Nicola Sturgeon under fire over second homes tax.



Two leading firms get joint agency deal on £250 million house sale

Beauchamp Estates and Knight Frank are selling The Holme, a 40-bedroom mansion in the middle of Regents Park in central London.

Click here to read Two leading firms get joint agency deal on £250 million house sale.



Purplebricks reveals 'credible offers' for the business

Hybrid agency says it is now moving into a formal offer period and that, once shareholders approve any deal, it will be sold.

Click here to read Purplebricks reveals 'credible offers' for the business.



Worried Purplebricks vendors contact traditional estate agent over 'sale'

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.

Click here to read Worried Purplebricks vendors contact traditional estate agent over 'sale'.



Property TV star bows out of evictions show as 'times change'

Paul Shamplina says structural shifts in the economy and the private rented sector mean it's time to move on to TV pastures new. 

Click here to read Property TV star bows out of evictions show as 'times change'.



The March 2023 issue of The Negotiator Magazine is published! It's yours to read now, just click and flip!

52 pages of interviews, market analysis, industry news and products and services for estate and letting agents. Free to read – just click below.

Click here to read The March 2023 issue of The Negotiator Magazine is published! It's yours to read now, just click and flip!.




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