Posts by Rightmove
Sandbanks crowned most expensive seaside spot
New data from Rightmove shows that Sandbanks in Poole, Dorset is the most expensive coastal area in Great Britain, with an average asking price of £1,282,565 Canford Cliffs in Poole is second, with an average asking price of £974,635, and Milford-on-Sea in Hampshire is third (£728,460) Sandbanks is now the only seaside spot above £1million:…
Read MoreRightmove’s Weekly Mortgage Tracker – 01/07/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.57% -0.05% -0.83% 5-year fixed 4.55% -0.04% -0.45% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.69% -0.13% -0.98% 5-year fixed 3.87% -0.01% -0.36% Average…
Read MoreNumber of million-pound homes for sale doubles since 2019
New analysis shows that the number of homes for sale priced at a million pounds or more has doubled (+103%) across Great Britain over the last six years Just over 5% of homes for sale across Great Britain are now priced at over a million pounds, versus just under 3% in 2019 Cornwall (+246%) has…
Read MoreNew sellers lower prices in June, encouraging more to buy
New seller asking prices drop by 0.3% (-£1,277) this month to £378,240. This is an unusual dip for June, as new sellers lower their price expectations amid decade-high competition to secure buyers Some segments of the market are performing more strongly than others, with affordability and supply levels key: The higher-priced southern regions and the…
Read MoreLocal agents to front national Rightmove campaign
Rightmove has unveiled six exceptional agents recognised for going above and beyond for home-movers, chosen by a panel of judges to front Rightmove’s new ‘Game Changers’ marketing campaign. The campaign brings to life real examples of the valuable role agents across the UK play in keeping the nation moving. ‘The Game Changers’ campaign launches today,…
Read MoreBusiest May for sales agreed since 2021
The latest insights from Rightmove show that it was the busiest May for agreed property sales since 2021, and the busiest out of any month since March 2022 May is typically a busy month in the year for agreed sales, but this year’s figure highlights the improved market conditions, as home-movers carry on following the…
Read MoreRightmove’s weekly mortgage tracker 30/05/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.64% +0.03% -0.78% 5-year fixed 4.61% +0.03% -0.45% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.82% +0.02% -0.93% 5-year fixed 3.88% +0.09% -0.55% Average…
Read MoreSeven in ten branches now using Rightmove’s insights and training platform
New figures from Rightmove, the UK’s largest property platform, show that seven in ten estate and letting agency branches are making use of its insights and training platform, the Rightmove Hub. This is up from 56% of branches back in 2023. The Hub, first launched ten years ago and recently revamped, has expanded in response…
Read MoreRightmove’s Weekly Mortgage Tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.60% -0.02% -0.84% 5-year fixed 4.58% -0.02% -0.48% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage…
Read MorePrices reach new record despite more subdued late Spring market
New seller asking prices rise by 0.6% (+£2,335) this month to a new record of £379,517. However, this month’s seasonal price increase is the lowest at this time of year since 2016, as the decade-high number of homes for sale limits price growth The traditionally strong late Spring market is more subdued following a busy…
Read MoreRightmove’s weekly mortgage tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.61% -0.02% -0.80% 5-year fixed 4.59% -0.01% -0.42% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage rates for…
Read MoreIncrease in US buyers enquiring about homes for sale in UK
New analysis shows an increasing number of people from the United States have been enquiring about homes for sale in the UK since the start of the year: There’s been an 19% increase in enquiries from the US to the UK compared to last year, and the highest number since 2017 The majority (47%) of…
Read MoreRightmove launches next phase of marketing campaign
Rightmove, the UK’s largest property platform, launches next phase of its brand advertising campaign, ‘If they can find it, so can you.’ The multi-channel campaign will appear in prime-time TV slots, and across digital, social, and outdoor advertising, to help drive people to agents’ brands and properties on Rightmove. ‘If they can find it, so…
Read MoreRightmove & Nationwide launch global-first property lending check
The UK’s largest property platform Rightmove, & the UK’s largest Building Society Nationwide have launched a global-first real-time digital feature, which helps potential home-buyers understand if a specific property they want to view is likely to be eligible for mortgage lending. With the new digital ‘property lending check’, homebuyers can for the first time receive…
Read MoreRightmove reaction to Bank Rate cut
Matt Smith, Rightmove’s mortgage expert says: “The much-anticipated second rate cut of the year has arrived, and with some lenders having taken their time to pass on the benefits of the expected Bank Rate cut, I think we may now see further reductions in the coming days and weeks. A fresh round of mortgage rate…
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