Posts by Rightmove
Rightmove launches new integrated creative campaign
Rightmove is launching an integrated creative campaign reaching 51 million people, to kick of its new brand communications and to capture the attention of would-be movers as we head into the Autumn home-moving season. The evolution of its brand communications aims to help agents by highlighting to people that by using Rightmove’s tools and…
Read MoreRightmove’s Weekly Mortgage Tracker 12/09/23
Rightmove’s mortgage expert Matt Smith says: “There’s a widely held view that the Base Rate is now nearing its peak which led to a fall in swap rates falling towards the end of last week, and this could mean we see lenders make more significant mortgage rate cuts in the next few weeks. Swap rates…
Read MoreRightmove’s weekly mortgage tracker 06/09/23
The average 5-year fixed mortgage rate is now 5.69%, up from 4.02% a year ago The average 2-year fixed mortgage rate is now 6.28%, up from 4.02% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.73%, up from 3.99% a year ago The average 60% LTV 5-year fixed mortgage rate…
Read MoreRightmove’s weekly mortgage tracker 31/08/23
The average 5-year fixed mortgage rate is now 5.72%, up from 3.91% a year ago, down from 5.79% last week The average 2-year fixed mortgage rate is now 6.32%, up from 3.87% a year ago, down from 6.40% last week The average 85% LTV 5-year fixed mortgage rate is now 5.77%, up from 3.88% a…
Read MoreRightmove’s Weekly Mortgage Tracker 22/08/23
The average 5-year fixed mortgage rate is now 5.79%, up from 3.89% a year ago, down from 5.86% last week The average 2-year fixed mortgage rate is now 6.40%, up from 3.77% a year ago, down from 6.46% last week The average 85% LTV 5-year fixed mortgage rate is now 5.82%, up from 3.87% a…
Read MoreRightmove House Price Index: 1.9% summer price drop as stretched affordability begins to improve
Average new seller asking prices fall by 1.9% (-£7,012) this month to £364,895, the biggest fall in August since 2018, as summer sellers tempt buyers preoccupied by holidays, inflation, and the highest Base Rate since 2008: These lower asking prices, combined with increasing average earnings and the apparent downward trend of mortgage rates are tentative…
Read MoreSt. George in Bristol is strongest sellers’ market with eight in ten homes sold
St. George in Bristol is named the strongest sellers’ market right now with eight in ten (80%) of homes listed for sale this year being marked Sold Subject to Contract (SSTC) Four of the top five strongest sellers markets are areas in Bristol, alongside Heaton in Newcastle (77%) The average asking price for a home…
Read MoreRightmove’s Weekly Mortgage Tracker 15/08/23
The average 5-year fixed mortgage rate is now 5.86%, up from 3.85% a year ago The average 2-year fixed mortgage rate is now 6.46%, up from 3.74% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.92%, up from 3.83% a year ago The average 60% LTV 5-year fixed mortgage rate…
Read MoreRightmove and Propertymark Announce Partnership
Rightmove and Propertymark today announce a two-year partnership to provide agents with the latest local market data and easier access to training at events across Great Britain. The partnership will see Rightmove data presented at nine key Propertymark regional conferences and the Scottish national conference during the remainder of 2023, with bespoke insights prepared…
Read MoreRightmove comment on Base Rate rise
Matt Smith, Rightmove’s mortgage expert says: “After a rollercoaster few weeks, the market position today is actually largely similar to six weeks ago, in that today’s rate increase was much anticipated by lenders and has been largely factored in already to mortgage rates, meaning we expect mortgage rates to continue their slow downward trajectory over…
Read MoreRightmove launches new tool to help agencies manage staff training
Rightmove has launched a brand new tool to help agencies manage their Rightmove training and make the most of the ever-growing range of free training courses available on the Rightmove Hub. The new tool ‘Teams View’ is available within the Rightmove Hub and allows agencies to have better visibility of the Rightmove training staff have…
Read MoreRightmove to host energy efficiency webinar for agents
Rightmove will host a webinar for agents on Thursday 3rd August at 10:00am focused on the latest insights, data and trends surrounding energy efficiency, Energy Performance Certificates (EPC’s) and greener homes. Energy efficiency is increasingly a concern for not only landlords but buyers, sellers and renters too, with one in five tenants and one in…
Read MoreRightmove’s weekly mortgage tracker 01/08/23
Headline stats The average 5-year fixed mortgage rate is now 6.08%, up from 3.69% a year ago The average 2-year fixed mortgage rate is now 6.61%, up from 3.66% a year ago The average 85% LTV 5-year fixed mortgage rate is now 6.15%, up from 3.63% a year ago The average 60% LTV 5-year fixed…
Read MoreMore significant incentives & clarity needed to retrofit homes
Rightmove today suggests that more help and more significant incentives are needed for home-owners and landlords to improve energy efficiency and help them bring down running costs: Higher energy bills have contributed to one in five tenants (19%) and one in five first-time buyers (19%) saying a property’s energy efficiency will be a major factor…
Read MoreRightmove’s weekly mortgage tracker 25/07/23
Rightmove’s mortgage expert Matt Smith says: “After the market turbulence over the last two months, the signs are there that mortgage rates are reaching a peak. There’s been an increase in average rates compared with last week, but we may now see some lenders begin to cut rates as soon as the coming days. However,…
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