Posts by Rightmove
Rightmove launches Selling Sunderland with Charlotte Crosby and local agents
Rightmove, the UK’s largest property website, has launched Selling Sunderland, a playful parody of glamorous property TV shows, celebrating Sunderland’s charm and local agent expertise. The campaign features Sunderland favourite TV personality Charlotte Crosby, who teams up with local agents to showcase the city’s unique appeal. Together, they guide prospective buyers through three distinctive properties, blending…
Read MoreRightmove: Busiest ever Boxing Day as home-hunters get ahead of a 2025 mov
Rightmove has recorded its busiest ever Boxing Day for new seller activity, with a record number of Boxing Day properties listed for sale by agents on the 26th December 2024: The number of new properties coming to the market for sale was 26% higher than Boxing Day 2023 The majority (46%) of homes put up…
Read MoreNumber of rental enquiries still double pre-pandemic, as rents predicted to rise 3%
The average number of enquiries sent to agents about each available property they have to rent is still nearly double the level it was in 2019, despite improvements in the balance between supply and demand: Each available property receives an average of 11 enquiries, nearly double the 6 at this time in 2019 This is…
Read MoreRightmove reaction to Bank Rate hold
Matt Smith, Rightmove’s mortgage expert says: “In a rollercoaster year for the mortgage market, we end the year with a hold in the Bank Rate at 4.75%. “While not the early Christmas present that many would have wanted, it was widely anticipated, and must be considered against a backdrop of inflation being at the top end…
Read MoreRightmove unveils new marketing campaign
Rightmove is launching a new marketing campaign from Christmas Day, just ahead of the Boxing Day bounce and New Year jump in home-mover activity. The new campaign is called ‘If they can find it, so can you’. It communicates that, with the UK’s largest choice of homes, everyone can find a home that fits their…
Read MoreRightmove House Price Index: Usual seasonal lull, as some movers wait for Boxing Day bounce
Usual seasonal lull, as some movers wait for Boxing Day bounce New seller asking prices drop by a seasonal 1.7% (-£6,395) this month to £360,197, in line with the usual December monthly fall, with sellers’ pricing power diminishing as Christmas approaches: Prices end the year 1.4% above December 2023, and Rightmove predicts that new…
Read MoreRightmove’s 2025 housing market forecast
A panel of experts from the UK’s biggest property website Rightmove shares five predictions for the 2025 home-selling and mortgage markets. New seller average asking prices will rise by 4% by the end of next year, and around 1.15 million transactions are expected, however 2025 is set to be a buyer’s market Beginning of…
Read MoreRightmove’s weekly mortgage tracker – 5/12/24
The current average asking price of a typical first-time buyer property is £225,340. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,104 per month if repaying over 25 years, compared with £1,138 per month a year ago (when the average first-time buyer property asking price was…
Read MoreWoodbridge in Suffolk crowned happiest place to live
Woodbridge in Suffolk has topped Rightmove’s annual list of the happiest places to live in Great Britain for the first time The study, now in its 13th year, was completed by over 35,000 people across Great Britain, and asked residents how they feel about a number of factors in their area The London borough…
Read MoreRightmove’s most viewed homes of the year 2024
New data from the UK’s biggest property website Rightmove reveals the most viewed homes of the year. Rightmove’s property expert, Tim Bannister, said: “From a luxurious former football manager’s residence to a historic Grade I listed Abbey, the most viewed homes of the year reflect the wide-ranging dreams of home-hunters this year across Great Britain. Whether…
Read MoreFirst-time buyers rush to beat stamp duty deadline in higher-priced areas
New real-time analysis from Rightmove shows early signs of first-time buyers rushing to beat the stamp duty deadline on 1st April 2025 in higher-priced areas of England: In the Autumn Budget, it was confirmed that stamp duty thresholds in England would lower from 1st April, and the rate at which properties are exempt from stamp duty would…
Read MoreRightmove’s weekly mortgage tracker – 28/11/24
The current average asking price of a typical first-time buyer property is £225,340. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,104 per month if repaying over 25 years, compared with £1,138 per month a year ago (when the average first-time buyer property asking price was…
Read MoreRightmove’s weekly mortgage tracker 22/11/24
The current average asking price of a typical first-time buyer property is £225,340. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,104 per month if repaying over 25 years, compared with £1,138 per month a year ago (when the average first-time buyer property asking price was…
Read MoreBank Rate cuts boost optimism for 2025 despite Budget pause
Average new seller asking prices drop by 1.4% (-£5,366) this month to £366,592, a bigger fall than the usual, seasonal 0.8% drop seen at this time of year, likely due to pre- and post-Budget jitters However, despite the dampening effect of the Budget, market activity remains stronger than last year as Bank Rate falls: The…
Read MoreRightmove’s weekly mortgage tracker 13/11/24
The current average asking price of a typical first-time buyer property is £227,570. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,087 per month if repaying over 25 years, compared with £1,187 per month a year ago (when the average first-time buyer property asking price was…
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