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.



Agent ordered to repay deposit after holiday let row

Edinburgh-based agency EHPL must pay a £275 deposit back to tenant after losing a property tribunal case.

Click here to read Agent ordered to repay deposit after holiday let row.



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.



Big national estate agency signs long-term contract with Zoopla

Andrews believes it has a big growth opportunity to expand in the South East this year and will benefit from Zoopla’s extensive coverage of this region.

Click here to read Big national estate agency signs long-term contract with Zoopla.



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!.



Purplebricks CFO breaks board silence after Strike deal

Dominique Highfield, who has remained with Purplebricks after the sale to Strike for £1, says it was an "enormous achievement".

Click here to read Purplebricks CFO breaks board silence after Strike deal.



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!.



Clutter genius! Estate agency helps locals with unusual initiative

Hundreds of home owners enjoyed Matt Nicol’s ‘Big Worcestershire Garage Sale’ across county with plenty of unwanted items finding new homes.

Click here to read Clutter genius! Estate agency helps locals with unusual initiative.



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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