Tech leap | Propertymark's new team | Recession forecast




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.



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The Neg's Head of Content, Nigel Lewis takes a long, cold look at the new bill to reform the PRS.

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MORTGAGE PAIN: Two-year deals more expensive after rate rise

Rightmove's home loans tracker shows that two-year fixed rate deals are 0.26% higher than a week ago.

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Fake ID news! 30% jump in homeowners looking to protect against property fraud

An explosion in fake ID documents and fraudsters acquiring properties using forged documents to impersonate registered owners has increased concerns, says Thirdfort.

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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!.



Has peak rental demand peaked passed? New data says yes

Figures from Barrows and Forrester reveal a quarterly and annual drop in tenant demand despite a crisis in the mortgage market pricing many people out.

Click here to read Has peak rental demand peaked passed? New data says yes.



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!.



WARNING: Interest rates to stay higher for longer with recession forecast

Schroders is forecasting recession and says that the surprise 0.5% hike in Base Rate suggests the Bank of England is far from getting on top of inflation. 

Click here to read WARNING: Interest rates to stay higher for longer with recession forecast.



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.



New senior team unveiled by Propertymark including replacement Chair

Trade body for agents says seven new faces at the top will have plenty of challenges ahead as market slows down and major lettings legislation is ushered in by Government.

Click here to read New senior team unveiled by Propertymark including replacement Chair.



BLOG: Want to go it alone? Here’s 10 tips to launch your estate agency

Property Webmasters boss Jamie Arthur highlights key actions that will help ensure success when setting up your own estate agency business. 

Click here to read BLOG: Want to go it alone? Here’s 10 tips to launch your estate agency.



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

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Industry giant's tech arm signs major deal with hybrid agency

Nurtur.group's Richard Combellack says digital marketing platform is to become the key tech supplier to Adam Day's eXp UK network of 350+ agents.

Click here to read Industry giant's tech arm signs major deal with hybrid agency.



Proptech is 'the new battle ground' for estate agency says industry leader

In The Home Stretch podcast The Guild of Property Professionals boss Iain McKenzie says some agents are still waiting for one system that does it all.

Click here to read Proptech is 'the new battle ground' for estate agency says industry leader.




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