Budget looms | Scottish rent controls | Sotheby's launch




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!<br />

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!<br />.



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<br />

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<br />.



Foxtons finally feels the 'Gittins gold' as profits surge 10%<br />

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%<br />.



Has peak rental demand peaked passed? New data says yes<br />

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<br />.



The Negotiator Awards – final deadline – you have until midnight tomorrow, 8th September to enter. This is your last call!

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 – you have until midnight tomorrow, 8th September to enter. This is your last call!.



Purplebricks launches national £999 selling fee under new ownership<br />

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<br />.



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<br />

xxx

Click here to read xxxx<br />.



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

 



BLOG: 'New energy price cap is good for agents - here's why'

Jamie Parks says agents should be mindful of the latest Ofgem Energy Price Cap not only for their own businesses but also their landlords and tenants. 

Click here to read BLOG: 'New energy price cap is good for agents - here's why'.



Luxe estate agency launches second London branch with two more to come

UK Sotheby’s International Realty says its latest cold start has been spurred on by huge demand for prime property in the capital.

Click here to read Luxe estate agency launches second London branch with two more to come.



Scottish leader confirms move to make rent controls permanent in new Bill

First Minister Humza Yousaf says he plans to introduce a New Deal for Tenants as part of his new housing policies to tackle homelessness and the :PRS supply shortage.

Click here to read Scottish leader confirms move to make rent controls permanent in new Bill.



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 Magazine September edition is live and waiting for you – 54 pages of news, features, interviews, opinion and advice. <br />Just click and flip!

• House prices nationwide and regional – analysis.
 
• The Negotiator Awards – still time to enter, but you'd better hurry!
 
• FEATURE: How the QR code has reinvented traditional marketing.
 
• FEATURE: Telephone tech – it's like having an extra employee.
 
• FEATURE: Lettings apps – taking the schlep out of lettings.
 
• COMMENT: Why politicians should get practical, not political.
 
• COMMENT: How ULEZ will clobber the landlords.
 
• INTERVIEW: Age and gender are no barriers for this woman.
 
• PLUS: Agent reports, movers and shakes, marketing tips and much more...
 
 

Click here to read The Negotiator Magazine September edition is live and waiting for you – 54 pages of news, features, interviews, opinion and advice. <br />Just click and flip!.



FEATURE: Lettings apps to free you up<br />

There is a raft of new and innovative ways to process your tenants efficiently and keep your landlords in the loop, says Lisa Isaacs. Find out if your tech is up to date

Click here to read FEATURE: Lettings apps to free you up<br />.



Winkworth reveals profits slump as sales market struggles

Franchise-based estate agency says sales and therefore revenues are being delayed by choppy housing market, although lettings performed well.

Click here to read Winkworth reveals profits slump as sales market struggles.



Dinner invite to estate agency seniors issued by leading industry duo

Baldock brothers are organising their latest central London dinner gathering for all comers who are owners or directors of agencies.

Click here to read Dinner invite to estate agency seniors issued by leading industry duo.



Agents braced for more change as Autumn Budget date revealed

Chancellor Jeremy Hunt says that the OBR has been commissioned to prepare an economic and fiscal forecast after last year’s mini-budget.

Click here to read Agents braced for more change as Autumn Budget date revealed.