Breaking News

Breaking Property News – 12/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Leadpro integrates with Alto Leadpro, a lead generation and management tool, is excited to announce its integration with Alto, the market-leading software for estate agents This integration aims to drive efficiencies for agents by enabling the seamless transfer of leads from Leadpro directly into…

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Andrew Stanton

Conservative Plans do Nothing to Address Shortage of Homes to Rent

 

Responding to proposals in the Conservative Party’s 2024 general election manifesto to scrap Capital Gains Tax for two years where landlords sell properties to sitting tenants, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Tenants who want to become homeowners should be supported to do so. Whilst incentivising landlords to sell to…

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Rightmove reaction to this morning’s housing policies

 

In response to this morning’s proposed housing pledges, Tim Bannister, Rightmove’s property expert said: “It’s good to see housing get more focus and attention. Some of the proposals announced this morning sound like a start, but there’s still scope to go further in helping the majority of first-time buyers or removing barriers to movement. “Stamp…

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Rightmove

Breaking Property News – 11/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fintech Agora wins top spot at SIIA CODiE awards Press Release (NEW YORK 2024) – Agora, an innovative real estate investment management platform, was named the best Fintech Solution of 2024 at the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the…

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Andrew Stanton

Breaking Property News – 10/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   VerifyTrusted powers Verismart Property Inspections and compliance franchisees, with advanced reviews data and Reputation Management Services   VerifyTrusted a leading provider of reviews data and reputation management solutions, proudly announces its new integration with Verismart, a renowned franchisor in the property Inspections sector. This strategic…

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Andrew Stanton

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Rightmove comment and data in reaction to mortgage guarantee scheme + stamp duty

 

Rightmove comments on Labour’s proposed mortgage guarantee scheme and the Chancellor’s comments on Stamp Duty.   Tim Bannister, Rightmove’s property expert said: ‘We welcome policies and innovations which are trying to help more first-time buyers onto the ladder. However we know from our own research that policies like the mortgage guarantee scheme have limitations, and…

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Rightmove

Zoopla Rental Market Report: rental growth at its lowest level for 30 months

 

UK rental growth slows to lowest level for 30 months, although there are still 15 people competing for every rental property Rental growth has slowed to +6.6%, its lowest level for 30 months (Oct-21). The average monthly UK rent now stands at £1,226 per month Rents have fallen over the last quarter in some key…

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Love or Hate Rightmove

Rightmove’s weekly mortgage tracker 5/6/24

 

With the election called for July 4th, Matt Smith, Rightmove’s mortgage expert suggests a review of mortgage affordability criteria could help: “There’s an opportunity to unlock greater affordability in a responsible way, which could help more first-time buyers get on the ladder. First-time buyers are already taking out longer mortgage terms and lender innovation has…

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Rightmove

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Rightmove reaction to lack of housing discussion in first live TV debate

 

In response to the extremely limited housing policy discussion in last night’s TV debate, Rightmove’s property expert Tim Bannister said: “At a time when house prices and rents are at record highs, it’s really disappointing to see that housing barely got a look in during last night’s debate. People need to hear much more about…

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Rightmove

Breaking Property News – 05/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Nurtur unveils strategic move to accelerate innovation and AI integration  Full disclosure I (Andrew Stanton) was until December 2023 a NED of nurtur.accelerator part of the nurtur group, but the following is a Press release that has been published in its entirety for balance….

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Andrew Stanton

Breaking Property News – 04/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Sprift sees large uptick in estate agents using its Material Information service Seven months since the new Property Material Information parts B and C regulations were introduced by (NTSELAT), Sprift is seeing an increasing number of agents using their service to keep agents compliant and speed…

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Andrew Stanton

Breaking Property News – 03/06/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   The Property Franchise Group’s acquires part of nurtur.group in £20M deal Press Release London 03/06/2024 – TPFG growth continues with the acquisition of The Guild of Property Professionals and Fine & Country. We are pleased to announce that The Property Franchise Group PLC (TPFG) has…

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Andrew Stanton

Love or Hate Rightmove

Rightmove: Proposed priorities for next govt, from stamp duty reform to greater green incentives

 

Rightmove’s pre-election report: proposed priorities for next government  Accelerating house-building, first-time buyer support, stamp duty reform & greater green incentives   Ahead of July’s general election, Rightmove suggests four areas of the housing market that need to be addressed to help people move home: Accelerating house-building for sale and to rent, along with longer term…

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Rightmove

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Rightmove’s weekly mortgage tracker 30/5/24

 

Headlines The average 5-year fixed mortgage rate is now 04%, up from 4.63% a year ago The average 2-year fixed mortgage rate is now 41%, up from 4.97% a year ago The average 85% LTV 5-year fixed mortgage rate is now 01%, up from 4.55% a year ago The average 60% LTV 5-year fixed mortgage…

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Rightmove

Highest supply of homes for sale in eight years will keep house prices in check

 

Zoopla HPI reveals that the UK is currently experiencing the highest supply of homes for sale in eight years, which will keep house prices in check for the rest of 2024, and also predicts that the 4th July General Election will have less impact on the housing market than during previous election periods. Supply of…

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