Purplebricks reaction | Repossessions up | iBuyer moves in




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!

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.


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Orbital Witness raises £7.5m in boost for conveyancing market

Orbital Witness uses generative artificial intelligence to transform and automate the process of transacting property – helping free solicitors and their clients from paperwork.

Click here to read Orbital Witness raises £7.5m in boost for conveyancing market.



Repossessions rise 50% in first quarter with big rise in buy-to-let

Some 750 homeowner mortgaged properties were taken into possession in the first quarter of 2023 and 410 buy-to-let mortgaged properties were taken into possession.

Click here to read Repossessions rise 50% in first quarter with big rise in buy-to-let.



Purplebricks 'must become Amazon of property world'

Proptech consultant Andrew Stanton says Purplebricks and its new owners Strike should copy Amazon's offer to customers.

Click here to read Purplebricks 'must become Amazon of property world'.



Landlords forced to sell are new market for iBuyer firm

Upstix founder Giles Mackay told The Neg Government 'attacks' on landlords mean many now have to sell up.

Click here to read Landlords forced to sell are new market for iBuyer firm.



The May 2023 issue is published – online for you to read now. Just click and flip!

In this month's issue:
 
• The Negotiator Awards open for entry – read the ten compelling reasons why you should enter.
 
• Website content – get it right and win business.
 
• Property auctions – it's never been easier to offer auction.
 
• Lead generation and capture – just plug it in and switch it on.
 
• Agent interview: it's a Way of Life –  we meet a leading Build to Rent property manager.
 
• Plus: latest national house price analysis; hybrid agents, best ways to blog, charity efforts, The Ombudsman Files, agency and supplier news and much more. 

Click here to read The May 2023 issue is published – online for you to read now. Just click and flip!.



The FIA secures network-exclusive partnership with Simon Gates

All FIA members and their teams will have free exclusive access to a quarterly online masterclass session based upon modern lead-generation techniques.

Click here to read The FIA secures network-exclusive partnership with Simon Gates.



The Negotiator Awards are open for entry!

The UK's leading awards programme for estate and letting agents and suppliers is now open for entries. Register now to start your entry process.

Click here to read The Negotiator Awards are open for entry!.



FEATURE: Website content and how to get it right

Some wise words from the experts because, you need to get it right, says Charlotte Flake, or your website traffic will melt away.

Click here to read FEATURE: Website content and how to get it right.




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