Agent closure | Fall-through bill | New RICS boss




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.


Click here to read Belvoir Group reports record revenue after £4 million jump.



FEATURE: Renters reform legislation

The White Paper is now before Parliament. David Callaghan summarises the proposed legislation and canvasses industry opinion.

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Estate agency closed as solicitors regulation body steps in

Bennett Richmond's office in Consett, County Durham, is shut after the Solicitors Regulation Authority intervened.
 

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Fall throughs estimated to have cost estate agents £1.27 billion last year

Moverly looked at how many property transactions are thought to have collapsed over the last year and what this means in terms of the cost incurred. 

Click here to read Fall throughs estimated to have cost estate agents £1.27 billion last year.



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!.



Agent to lead overhaul at surveyors' trade body

Justin Young, who was COO at Knight Frank, takes the helm at RICS as it grapples with urgent reform.

Click here to read Agent to lead overhaul at surveyors' trade body.



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!.



OnTheMarket launches mortgages service ‘OnTheMarket Money’

Would-be house buyers using the portal will now be able to get an online Mortgage in Principle in a referral deal with broker London & Country.

Click here to read OnTheMarket launches mortgages service ‘OnTheMarket Money’.



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.



EXCLUSIVE: Entrepreneur plans agent-owned portal to tackle likes of Rightmove

Find Properties will encourage agents to differentiate themselves by improving their own web presence which will also improve standards and competition.

Click here to read EXCLUSIVE: Entrepreneur plans agent-owned portal to tackle likes of Rightmove.




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