Posts by Rightmove
First-time buyer price hotspots revealed
New analysis from the UK’s largest property platform Rightmove, reveals where first-time buyer prices are rising fastest across Great Britain Bridlington in East Riding of Yorkshire (£167,321) and St Helens in Merseyside (£133,106) lead the way, with average asking prices up 18% compared to last year Falkirk (+17% to £118,327) and Hartlepool (+12% to £104,76)…
Read MoreBritain’s seaside price hotspots revealed
New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read MoreWest Oxfordshire tops list of first-time hotspots defying national trend
New analysis by the UK’s largest property platform Rightmove reveals the first-time buyer hotspots where buyer demand is increasing, bucking the national trend over the last month West Oxfordshire leads the way, with demand for typical first-time buyer properties up by 45% year-on-year: A 37% increase in available first-time buyer type homes for sale and…
Read MoreAffordability drives a north-south price growth divide, but market remains confident
Average price of property coming to market rises by 1.2% (+£4,333) in May to £378,304, exceeding the typical ten‑year May increase of 1.0% as market confidence remains surprisingly strong. However prices have fallen by 0.3% since May 2025 Buyer choice is at its highest for this time of year since 2015, and with 32% of…
Read MoreRightmove launches new marketing campaign to help movers see what’s possible
Rightmove, the UK’s largest property platform, is launching a new brand campaign designed to support agents by driving confident, better-informed home-movers to their properties. Launching on 8th May, the multi-channel campaign targets all home-movers. It aims to inspire confidence to make their move, helping them to better understand what they can afford, using Rightmove’s…
Read MoreRightmove to host live Q&A webinar on the Renters’ Rights Act
Rightmove is hosting a live Q&A webinar today to help agents better understand the Renters’ Rights Act and its practical implications as the Act takes effect. The Renters’ Rights Act: Live Q&A webinar will take place on Tuesday 5th May from 10:00am to 11:00am and will be available to watch via the Rightmove Hub. Over…
Read MoreRenting cheaper than a mortgage for first time since June 2025
The cost of renting a typical home in Great Britain is cheaper than the average monthly mortgage payment for the first time since June 2025 due to higher average mortgage rates The average advertised monthly rent across Great Britain is currently £1,547. This compares to an average new monthly mortgage payment of £1,670 – meaning…
Read MoreDemand drops year-on-year for commercial property from high base
Three out of four of the main commercial property sectors saw a yearly decline in demand both in terms of leasing and investment in the first quarter of the year, amid speculation about interest rate hikes following the start of the war in Iran. According to Rightmove’s Commercial Insights Tracker for Q1 2026, the office…
Read MoreHousing market remains steady despite higher mortgage rates
The housing market remains steady so far in April despite higher mortgage rates due to global uncertainty. Average new seller asking prices rise by 0.8% (+£2,929) in April to £373,971. This is consistent with February and March, but is below the long-term average for April. The average two‑year fixed rate has risen to 5.42%, from…
Read MoreRents stand still at start of the year for the first time since 2017
The average advertised rent of homes outside of London remains flat (0.0%) at £1,370 per calendar month, the first time since 2017 that there has been no rise from Q4 to Q1: Average advertised rents in London rose by 0.7% this quarter to £2,736pcm Average rents outside of London are still 1.6% higher than this time last year, though this is the lowest this figure has been since 2018…
Read MoreFirst-time buyers pay extra £307m in stamp duty since relief ended
New Rightmove analysis reveals that since the end of the temporary relief measure in April 2025, first-time buyers in England have paid an estimated £307 million extra in stamp duty, averaging £4,618 more per buyer: The total estimated first-time buyer stamp duty bill over the past year was £408 million, versus £101 million the previous year In April 2025 the first-time buyer stamp duty threshold was lowered from £425,000 to £300,000. Before the change 62% of homes for sale were stamp-duty free for first-time buyers and that has…
Read MoreRightmove expert reacts to ONS figures
Colleen Babcock, property expert at Rightmove, said: “Today’s ONS figures reflect the seasonal uplift we typically see at the start of the year, which mirrors what we’ve already observed in our own January and February data. With the number of homes for sale now at its highest level in over a decade, buyers are benefiting…
Read MoreRightmove reaction to the Bank of England Base Rate decision
Matt Smith, Mortgage Expert at Rightmove, said: “Today’s decision to hold the Bank Rate was widely expected, and for most homeowners and home‑buyers, there’s no immediate change to worry about. For those looking to secure a new mortgage rate or coming up to remortgage, even small rises in rates can have a real impact on…
Read MoreHighest ever price gap between first-time buyer and second-stepper home
Latest Rightmove data shows that the price gap between a typical first-time buyer home and a second-stepper home is at its highest ever, increasing cost pressures on those looking to trade up: The average asking price for a 3-4 bedroom, typical mid-market second-stepper home is 52% more than a 0-2 bedroom, typical first-time buyer home…
Read MoreSteady March market so far despite global uncertainty
Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
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