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Breaking Property News 08/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Agency membership body reveals the top three pillars to success The Guild of Property Professionals has announced the results of a recent customer survey conducted with their network of independent agents. The survey was designed to uncover which tools and services Members found the…
Andrew Stanton
Global Housebuilders’ Survey 2024: UK One of the Worst Hit by Labour Shortages and Rising Costs
PlanRadar’s study finds widespread labour shortages and rising material costs are hitting developers hard A new study by PlanRadar, a leading platform for digital documentation, communication and reporting in construction, facility management and real estate projects, reveals that housebuilders are under significant pressure, with 78% grappling with rising building costs. The report demonstrates that labour…
EAN Content
Government Needs To Prevent Rent Debts, Not Let Them Grow
MINISTERS need to do more to prevent tenants building rent arrears, not allow them to get bigger as currently planned. The call comes as the Government’s Renters’ Rights Bill proposes increasing the amount of arrears a tenant can build from two to three months of rent before landlords can serve notice to repossess a property….
EAN Content
Breaking Property News 07/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Kristjan Byfields’ proptech ‘The Depositary’ gets top level accolade from numerous industry bodies The Depositary has just announced that they are thrilled to have been ranked 5th in BusinessCloud’s highly anticipated PropTech 50 for 2024. This annual ranking highlights the most innovative startups, scaleups, and…
Andrew Stanton
Rightmove’s weekly mortgage tracker 04/10/24
The average 5-year fixed mortgage rate is now 4.57%, down from 5.43% a year ago The average 2-year fixed mortgage rate is now 4.90%, down from 5.92% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.59%, down from 5.51% a year ago The average 60% LTV 5-year fixed mortgage rate is now 3.89%, down from 5.01% a year ago The average monthly mortgage payment on a…
Rightmove
Zoopla finds 40% of full-time workers priced out of homeownership across Great Britain
New research from Zoopla finds over half (58%) of working households in southern England cannot afford to purchase an average priced two or three-bed home Almost three quarters (74%) of full time workers are unable to buy in London Homeownership is accessible to most workers across the rest of Britain, although there are hotspots emerging…
EAN Content
Landlords urged to protect their tenants and properties as nearly half of renters struggle with mould
Rising concern over mould and damp in rental properties is a real issue which wetter UK weather is only making worse – as the last 18 months are declared the wettest on record. A survey conducted by experts at Quotezone.co.uk has revealed 43% of renters have reported issues with mould or damp. 65% say they have…
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Breaking Property News 03/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. RentalReady property management software company unveils Maia a fully autonomous AI agent RentalReady has added Maia to its existing service and is a leap forward in the company’s aim to revolutionise the hospitality industry. ‘After only one-week after going-live, Maia was already treating the majority of our enquiries,’…
Andrew Stanton
Britain’s fastest and slowest markets revealed from Carluke to Chelsea
Rightmove’s Speed of Market Tracker reveals that Carluke in Lanarkshire is Britain’s quickest-selling market, with the average home finding a buyer in just 15 days Giffnock is second (16 days) and Uddingston is third (17 days), both commuter towns to central Glasgow It currently takes 33 days on average to find a buyer in Scotland,…
Rightmove
Lowest mortgage rates for 15 months drives double digit boost to buyer demand and home sales reports Zoopla
New sales agreed are 25% higher than a year ago as buyers return to the market Sales up the most in the East Midlands (32%) and North East (30%) Rebound in activity supports slow recovery in house price growth – UK house prices increase by 0.7% up from -0.3% a year ago More and more…
EAN Content
Breaking Property News 02/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Women in tech losing out, with family balance an ever increasing concern Press Release Dublin – October 2, 2024 Today, Web Summit announced the findings of its fifth global women in tech report, which show that women in tech remain underpaid, underrepresented and underfunded. Nearly a third…
Andrew Stanton
Breaking Property News 01/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Companies can now combine real-time occupancy and air-quality insights for unified reporting Press Release NEW YORK, United States, MELBOURNE, Australia and (October 01, 2024 )— XY Sense, the real-time workplace occupancy sensor platform, today announced it was expanding its solution to include air-quality insights. XY Sense…
Andrew Stanton
Nationwide House Price Index for September
September records fastest annual house price growth in two years UK house prices up 3.2% year-on-year in September Northern Ireland best performer, with prices up 8.6% in Q3 East Anglia weakest performing region, with prices down 0.8% over the year Headlines Sep-24 Aug-24 Monthly Index* 529.4 525.9 Monthly Change* 0.7% -0.2% Annual Change 3.2% 2.4%…
EAN Breaking News
20 best and worst places to sell a property
New figures released by Quick Move Now and Home have revealed the best and worst places to sell a property in the UK, based on how long they spend on the market. Glasgow tops the list, with properties in the city typically spending just 33 days on the market. Best places to sell a property…
EAN Content
Breaking Property News 30/09/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Inventorybase – ‘We’re so much more than software’ In her own words Sian Hemming Metcalfe Operations Director at Inventorybase & Property Inspect UK recently explained to Jason Lee MNAEA FNAVA Head of Commercial for Propertymark, exactly why so many people are now using their services. ‘So I’m…
Andrew Stanton