Purplebricks' final farewell | Agents' poor month | Section 21 worries




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.



AGENT SURVEY: market reports from three corners of the UK.

Each month The Neg asks three agents to send in a report on their local market. This month we visit West Yorkshire, Dartmoor and Dorset.

Click here to read AGENT SURVEY: market reports from three corners of the UK..



Estate agents suffer "poor month" as mortgage rate rises bite – ONS

The Office for National Statistics says activity in the property industry fell in April despite the economy picking up.

Click here to read Estate agents suffer "poor month" as mortgage rate rises bite – ONS.



Abolition of ‘no fault’ Section 21 still major concern for agents

Goodlord’s Oliver Sherlock says concerns and unanswered questions remain for agents and their landlords when it comes to the Renters (Reform) Bill. 

Click here to read Abolition of ‘no fault’ Section 21 still major concern for agents.



The June 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.
 
• Keeping landlords – expert help on maintaining your portfolio.
 
• Renters (Reform) Bill – the proposed legislation reviewed.
 
• Deposit protection schemes – alternatives and options.
 
• Agent interview: Michael Wright of Douglas Allen.
 
• 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 June 2023 issue is published – online for you to read now. Just click and flip!.



Parker’s back in business after January wash out

Director Andrew Simmonds says disaster struck the firm at the start of the year when a water tank in the property above burst.

Click here to read Parker’s back in business after January wash out.



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!.



Agents urged not to be complacent on AML compliance

SmartSearch boss Martin Cheek says agents using outdated AML practices could be making a costly mistake and putting themselves on the road to financial ruin.

Click here to read Agents urged not to be complacent on AML compliance.



Purplebricks launches national £999 selling fee under new ownership

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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Click here to read Purplebricks launches national £999 selling fee under new ownership.



Purplebricks set to leave stock market after sale to rival

After its last day on the AIM market, Purplebricks is set to trade as a private company before eventual merger with takeover partner Strike.

Click here to read Purplebricks set to leave stock market after sale to rival.




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