Breaking News
Rightmove asks government to consider retaining first-time buyer stamp duty threshold
New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
Rightmove
Breaking Property News – 25/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
Andrew Stanton
Rightmove’s weekly mortgage tracker
Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
Rightmove
Breaking Property News – 24/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
Andrew Stanton
Breaking Property News – 23/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Referral system earns agents up to five figures in additional revenue With an extensive Membership of independent estate agents throughout the UK, The Guild of Property Professionals is one of the UK’s largest property networks. Leveraging this extensive reach and influence, Guild Members are…
Andrew Stanton
Rightmove: Rents hit new record, as average property receives 17 enquiries
Average advertised rents outside of London rise to a new quarterly record of £1,314 per calendar month (pcm), now 7% higher than last year (£1,231 pcm) London rents have also risen to a new record of £2,661, now 4% higher than last year (£2,567 pcm), with rent growth steadily slowing since the peak of 16%…
Rightmove
Breaking Property News – 22/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. PriceHubble’s desktop valuation solution passes external audit for compliance on EBA loan guidelines Press Release July 2024 — PriceHubble, Europe’s leader in property data solutions for finance and real estate, is pleased to announce that its desktop valuation solution has successfully passed an external audit…
Andrew Stanton
Foxtons Lettings Market Index – June 2024
Activity across London begins to pick-up in the summer market • Applicant demand rises by 15% month-on-month as the peak lettings season begins • Budgets continued to rise, reaching an average of £547 (per month), the highest in recent years and 2% higher year on year • Average rental prices remain stable on a month-on-month…
EAN Content
English Housing Survey: Eight in Ten Private Renters Satisfied With Accommodation
Private renters are more satisfied with their accommodation than those in the social rented sector, according to new data published today. According to the Government’s latest English Housing Survey, in 2022/23, 82 per cent of private renters were satisfied with their accommodation, compared to 74 per cent of those in the social rented sector. The…
EAN Breaking News
Breaking Property News – 17/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sian Hemming Metcalfe analysis on Labour’s Lettings policies Sian Hemming Metcalfe is Operations Director of InventoryBase & Property Inspect UK, and acts as Advisory to ARLA Propertymark and Ambassador for Propertymark Trust. An expert in her field and hugely regarded in the industry, Sian also shares her…
Andrew Stanton
Rightmove reaction to the latest inflation figures
Matt Smith, Rightmove’s mortgage expert said: “As we get closer to the likely Base Rate cut, stability in the economy is exactly what we need to keep plans on course. Although there is debate around the timing of the first Base Rate cut due to concerns around service inflation, it is looking increasingly likely that it…
Rightmove
Rightmove House Price Index
Political certainty and potential rate drop bode well for Autumn market Average new seller asking prices drop by 0.4% (-£1,617) this month to £373,493, a bigger July drop than usual, as new sellers try to cut through the distractions of the General Election, sporting events and summer holiday season with a tempting price Market activity…
Rightmove
Breaking Property News – 09/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Fine & Country increases international marketing and growth focus Premium estate agency, Fine & Country is increasing its focus on international growth by launching new marketing initiatives to support its existing international network as well as expanding into new markets. This underscores Fine & Country’s commitment…
Andrew Stanton
Breaking Property News – 08/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Smart Spaces developed Landsec Experience app launches Landsec, one of the UK’s leading commercial real estate companies, is launching an optimised Landsec Experience app across its entire London portfolio of prime workplaces using Smart Spaces’ smart building OS. The new app is designed to…
Andrew Stanton
Beresfords presents expert insight on the post-election property market
Beresfords presents expert insight on the post-election property market under Labour’s commitment to ‘Get Britain Building Again’ With the Labour Government winning the UK election with a landslide majority, Property Group, Beresfords, believe that the landscape of the UK property market is set to remain robust and move forward positively into the second half of…
EAN Breaking News