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!

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.



Foxtons admits 'operational failings' held sales back

New CEO Guy Gittins says improvements are needed to deal with failings that 'have throttled historical performance'.

Click here to read Foxtons admits 'operational failings' held sales back.



Douglas & Gordon faces questions after brief administration

The company's sales arm, which is separately owned to the lettings division, entered administration before leaving just a week later.

Click here to read Douglas & Gordon faces questions after brief administration.



Hybrid estate agency eXp UK posts first profits three years after launch

Led by former traditional agent Adam Day, company had a good 2022, its latest trading figures show.

Click here to read Hybrid estate agency eXp UK posts first profits three years after launch.



Estate agent heralds TikTok as future of property marketing

And she should know: house in New Cross, South-East London, clocks up 1.4 million views on social media platform after she posts video.

Click here to read Estate agent heralds TikTok as future of property marketing.



Female agent tells of outrage after assault case dropped by CPS

Woman feared rape as she endured a two-hour ordeal at the hands of a client on a property viewing.

Click here to read Female agent tells of outrage after assault case dropped by CPS.



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!.



'Rising interest rates to force one in three landlords to sell up'

Stark warning to agents as rising interest rates threaten to turn many rental owners into mortgage prisoners

Click here to read 'Rising interest rates to force one in three landlords to sell up'.



Major Purplebricks shareholder steps down from board

Axel Springer's representative on the ailing agency's board has stepped down with immediate effect to avoid a possible conflict of interest.

Click here to read Major Purplebricks shareholder steps down from board.



AGENT INTERVIEW: Ben Gee, Hat and Home

Nigel Lewis meets the agent who has built an award-winning business in just two years – and made bowler hats fashionable again! Read how he did it.

Click here to read AGENT INTERVIEW: Ben Gee, Hat and Home.




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