Gazundering's back | Rental contract worry | Interest rates hope




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.



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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.

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 – you have until midnight tonight to register and 24 hours to submit your entry. 

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, but you'll have to be quick!

Click here to read The Negotiator Awards – final deadline – you have until midnight tonight to register and 24 hours to submit your entry. .



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.



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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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'.



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

 



Agents still wary of jumping ship but belief in self-employed model soars to new high

Despite the buoyant outlook for the self-employed sector IAD UK’s Lee O’Brien says agents remain concerned about leaving the high street

Click here to read Agents still wary of jumping ship but belief in self-employed model soars to new high.



Bank of England chief casts doubt on future interest rates

Andrew Bailey hinted to MPs this week that the Bank is through with lifting interest rates and stressed inflation was on course for a ‘marked’ decline.

Click here to read Bank of England chief casts doubt on future interest rates.



Interest rate rise clauses in rental contracts a 'can of worms' says expert

Reported rise in their use by letting agents as landlords seek to insulate themselves from BoE interest rates questioned by Julie Ford.

Click here to read Interest rate rise clauses in rental contracts a 'can of worms' says expert.



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.

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



HOUSE PRICE ANALYSIS

House price expert Kate Faulkner's monthly review of the leading house price indices and what it means for agents.

Click here to read HOUSE PRICE ANALYSIS.



UK getting left behind as Europe embraces property log books

Six years after the Conveyancing Association called for logbooks to be introduced in the UK, there are concerns that we're falling behind other European countries.

Click here to read UK getting left behind as Europe embraces property log books.



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.



Gazundering is back and agents need to act – call

With house prices falling and buyers holding all the cards, gazundering has once again become rampant in some parts of the country.

Click here to read Gazundering is back and agents need to act – call.




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