Posts by Rightmove
Rightmove 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…
Read MoreRents rise to new record despite boost in supply
The average advertised rent of homes outside of London has risen to a new record this quarter of £1,349 per calendar month (pcm), however it is the smallest increase in rents at this time of year since 2020: London rents also rise by 0.1% (+£3) to a 14th consecutive new record of £2,698 pcm this quarter…
Read MoreHighest demand to lease office space since pre-pandemic
The latest insights from the UK’s number one commercial property website Rightmove, reveals that the number of unique enquiries to lease office space is at its highest point since pre-pandemic, as businesses look for spaces that meet modern requirements. Demand to lease office space is 19% higher than the same period a year ago and…
Read MoreRightmove to host Renters’ Rights Bill webinar with Guild of Lettings
Rightmove is hosting a live and interactive webinar session with the Guild of Lettings to help agents get Renters’ Rights Ready. The webinar will take place from 10:00am – 11:00am on Wednesday 23rd April. Susie Crolla, Managing Director for the Guild of Lettings, will be joining Rightmove to help agents with questions they may have about…
Read MoreAverage two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read MoreRightmove commentary on mortgage market and reaction to inflation news
Matt Smith, Rightmove’s mortgage expert says: “A lower than expected inflation figure today is good news for the wider economy, and it will keep the Bank of England’s plans to cut the Bank Rate in May on track. “After another tumultuous week for the global economy, this week has been a little more steady so…
Read MoreRightmove launches new agent ‘Game Changers’ campaign
Rightmove is launching a new campaign to put the game-changing work of agents in the spotlight. Called ‘The Game Changers’, Rightmove will be spending the next few weeks collecting positive stories from movers and landlords about their experience working with agents, that showcase the valuable role agents play in helping people to move. The stories…
Read MoreRightmove House Price Index: New record asking price with resilient activity despite stamp duty increase
The average price of property coming to market for sale rises by 1.4% (+£5,312) this month to a new record of £377,182. This is a larger-than-usual April price increase, despite a decade-high number of homes for sale for the time of year A snapshot of the post-stamp-duty-increase market suggests movers are carrying on and have…
Read MoreCOVID five years on: City and coastal trends reverse as homes by the sea take longer to sell
Rightmove’s new report looks at how the market has changed five years on from the pandemic starting Many city and coastal trends have now reversed, with homes near the sea taking three weeks longer to sell compared to 2020, and the majority of buyers in the capital looking to stay rather than leave London A…
Read MoreRightmove comment on mortgage market and mortgage rates update
Matt Smith, Rightmove’s mortgage expert says: “As stamp duty deadline day arrives, average mortgage rates have remained steady since last week’s Spring Budget and unexpected drop in inflation rate. The lowest available mortgage rate is still a 2-year fixed deal at 3.86%, for those with the largest deposits, as the short-term outlook for rates remains…
Read MoreRightmove – Latest Mortgage Rates
Rightmove’s Weekly Mortgage Tracker Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.86% +0.00% -0.60% 5-year fixed 3.96% +0.00% -0.17% Average fixed-term mortgage rates for home-buyers with 5-10% deposits Loan to Value (LTV) Term Avg rate 20 Mar 2025 Avg rate 27 Mar 2025 Weekly Change…
Read MoreRightmove – Cheapest mortgage rate is now a 2-year fixed
The lowest available mortgage rate is now a 2-year fixed rate, for those with a 40% deposit. Commenting more widely on mortgage trends, Matt Smith, Rightmove’s mortgage expert says: “Average mortgage rates at the top-end of the market have fallen more quickly than for those with the smallest deposits over the past year. Someone with a…
Read MoreRightmove House Price Index: Decade-high choice to benefit Spring buyers who miss stamp duty deadline
The average price of property coming to market for sale rises by 1.1% (+£3,876) this month to £371,870, in line with the long-term March average increase, as many new sellers price sensibly amid decade-high competition to sell: While new Spring buyers will not beat this month’s stamp duty deadline, they will benefit from the…
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