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.



xxxx

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

Click here to read xxxx.



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.

Click here to read MORTGAGE PAIN: Two-year deals more expensive after rate rise.



Foxtons finally feels the 'Gittins gold' as profits surge 10%

Estate agency puts the bad old days behind it as recently-installed CEO says his strategies are working.

Click here to read Foxtons finally feels the 'Gittins gold' as profits surge 10%.



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 – final deadline extension – you have until 8th September to enter!

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

Click here to read The Negotiator Awards – final deadline extension – you have until 8th September to enter!.



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.
Text


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



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.



xxxxx

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 xxxxx.



New CEO takes over reins at big international property portal

Kyero Co-founders Martin and Louise Dell have handed the leadership role to Gemma Coles.

Click here to read New CEO takes over reins at big international property portal.



Rightmove launches month of legislation webinars for agents

Staying compliant continues to rank high on the list of concerns from agents and remains one of the most popular topics covered in the portal's webinars.

Click here to read Rightmove launches month of legislation webinars for agents.



Letting agents have eight weeks to comply with new Northern scheme

The Merseyside scheme requires agents and landlords to submit their applications for a licence by August 31st and so far 600 have been received.

Click here to read Letting agents have eight weeks to comply with new Northern scheme.



Naive first time buyers put plans on hold after discovering 'hidden costs'

New research reveals one in seven first time buyers suspend intention to buy due to raft of 'unexpected' fees and Stamp Duty.

Click here to read Naive first time buyers put plans on hold after discovering 'hidden costs'.



BLOG: Business support, software and services – how to get 'bang for your buck'

When times are hard, it’s critical to analyse your investments – from software tools to additional services or business support, says Brian Farrell.

Click here to read BLOG: Business support, software and services – how to get 'bang for your buck'.



xxxx

xxx

Click here to read xxxx.



Naive first time buyers put plans on hold after discovering 'hidden costs'

 



Major SW city launches plans to clamp down on rented properties

Bristol says it wants to bring in a city-wide HMO scheme and a larger set of selective licensing zones as part of plans to regulate landlords and letting agents.

Click here to read Major SW city launches plans to clamp down on rented properties.



Letting agents warned after firm caught taking fees from tenant's deposit

Mediation expert Julie Ford says case highlighted on social media would be treated harshly in the courts as fraud.

Click here to read Letting agents warned after firm caught taking fees from tenant's deposit.



New estate agency kicks off recruitment drive at swanky London bash

The event was a sell-out for the self-employed agency and began with an initial presentation led by senior management followed by a Q&A session.

Click here to read New estate agency kicks off recruitment drive at swanky London bash.



Interest rates of 6% and 7% will be the new normal

Mortgage Advice Bureau boss Peter Brodnicki says that stubborn inflation continues to see the Bank of England pushing rates up.

Click here to read Interest rates of 6% and 7% will be the new normal.



In this month's issue:
 
• COVER STORY: How a branch makeover can win instructions.
 
• FEATURE: Rent guarantee insurance and how it can save your landlords.
 
• LEGAL: Direct marketing and how it can earn you a £500,000 fine.
 
• COMMENT: How to manage the credit squeeze and defaulting tenants.
 
• MARKETING: Don't be afraid of Artificial Intelligence – it could boost your business – starting tomorrow!
 
• REDRESS: Too much pressure. The Property Ombudsman adjudicates on a complaint against an over-zealous agent.
 
•INTERVIEW: The agent who got into bed with billionaire, Warren Buffett.

Click here to read .



The Negotiator August issue is published – yours to read online, just click and flick!

In this month's issue:
 
• COVER STORY: How a branch makeover can win instructions.
 
• FEATURE: Rent guarantee insurance and how it can save your landlords.
 
• LEGAL: Direct marketing and how it can earn you a £500,000 fine.
 
• COMMENT: How to manage the credit squeeze and defaulting tenants.
 
• MARKETING: Don't be afraid of Artificial Intelligence – it could boost your business – starting tomorrow!
 
• REDRESS: Too much pressure. The Property Ombudsman adjudicates on a complaint against an over-zealous agent.
 
•INTERVIEW: The agent who got into bed with billionaire, Warren Buffett.

Click here to read The Negotiator August issue is published – yours to read online, just click and flick!.



Belvoir snaps up MAB mortgage broker for £1 million

Boss Dorian Gonsalves says that the Group is confident both brokerages can take advantage of future upsides in the mortgage market.

Click here to read Belvoir snaps up MAB mortgage broker for £1 million.



Former Deliveroo seniors launch Rightmove rival start-up that's free for agents

Jitty uses artificial intelligence to read floor plans, photographs and descriptions of homes better than other portals, it is claimed.

Click here to read Former Deliveroo seniors launch Rightmove rival start-up that's free for agents.



Housing market 'poised to pick up' in next few months – claim

Jonathan Samuels at property lenders Octane Capital is predicting a recovery in the market this autumn as mortgage rates drop.

Click here to read Housing market 'poised to pick up' in next few months – claim.



Land Registry delays 'preventing some sales from being completed'

Organisation has defended its speed of processing preformance despite own data and many industry commentators saying too many property sales are being delayed.

Click here to read Land Registry delays 'preventing some sales from being completed'.




Back to top button