Breaking News
Breaking Property News – 29/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Made Snappy 360 says 61% of letting agents omit property measurements from their listings – which NTSELAT now requires Letting agents across the UK are proactively responding to an update from the National Trading Standards in Estate & Letting Agency (NTSELAT) regarding recommended “material information”…
Andrew Stanton
Rightmove story: Home-movers undeterred by election
Majority of home-movers undeterred by election New insight among home-movers shows 95% say the upcoming election will not affect their moving plans Rightmove data from previous elections shows that the market remained steady: In 2015, demand from buyers was consistent leading up to the election, and experienced a post-election boost in June when the annual…
Rightmove
Breaking Property News – 27/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. InventoryBase Academy partners with Belvoir Group Press Release London, May 2024 – InventoryBase, the UK’s leading provider of property inventory and reporting software, is thrilled to announce a landmark partnership with Belvoir Group, one of the UK’s largest estate & lettings agency chains and property franchises. As part…
Andrew Stanton
Breaking Property News – 23/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Phoebus exceeds £110 billion assets managed in UK and Europe Following several new client wins, assets managed in the UK and Europe on the Phoebus servicing platform have topped £110 billion. This follows major investment in the Phoebus servicing product and API ecosystem that allow clients to…
Andrew Stanton
Rightmove’s weekly mortgage tracker 22/5/24
Matt Smith, Rightmove’s mortgage expert said: “Today’s inflation drop feels like an important milestone on the road to the first Base Rate cut. There’s been some to-ing and fro-ing over whether we’ll see a summer Base Rate cut, but today’s news will likely reinforce some of the positive words coming from the Bank of England…
Rightmove
Comment on Land Registry’s House Price Index showing an annual rise of 1.8%
Commenting on Land Registry’s UK House Price Index showing an annual rise of 1.8%, Daniel Austin, CEO and co-founder at ASK Partners, said: “The property sector is recovering. Rent values have seen sustained growth, positioning real estate as reasonably valued in comparison to gilts and presenting growth potential. In the realm of commercial real estate,…
EAN Breaking News
Breaking Property News – 22/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sunak calls General election for 4th July 2024 – American Independece Day Many pundits feel that post the General election Rishi Sunak will fly off to Silicon Valley, so maybe holding the General election on American Independence Day is no coincidence! The real carnage…
Andrew Stanton
Breaking Property News – 21/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Lichfields report highlights guiding principles for successful repurposing in Britain’s town centres A new report by national planning and development consultancy, Lichfields, sheds light on the future of UK town centres, presenting a roadmap for the revitalisation and repurposing of vacant or underutilised buildings….
Andrew Stanton
Rightmove House Price Index: Record asking prices driven by pent-up demand
The average price of property coming to the market for sale reaches a new record of £375,131, rising by 0.8% (+£2,807) in the month, as the momentum of the Spring selling season exerts some modest upwards price pressure : The market remains price-sensitive with average asking prices just 0.6% higher than a year ago The…
Rightmove
Breaking Property News – 17/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New digital ecosystem Home set to transform how we move and manage our homes With moving home widely acknowledged as one of life’s most stressful events, pioneering new digital ecosystem Home is set to revolutionise the moving process, for the first time allowing movers…
Andrew Stanton
Breaking Property News – 16/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. PriceHubble powers Mitsubishi Estate’s newly launched real-time generative AI property consultant Zurich/Tokyo, May 16, 2024 – PriceHubble, Europe’s leader in property data solutions for finance and real estate, is powering an innovative generative AI solution launched in beta version on the Japanese market by Mitsubishi…
Andrew Stanton
Breaking Property News – 15/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Savills Investment Management wins City of Munich as a new tenant in the Atrium office building Press Release – Frankfurt, 15th May 2024. Savills Investment Management (Savills IM), the international real estate investment manager, has signed a lease agreement with the City of Munich…
Andrew Stanton
Rightmove’s weekly mortgage tracker – 15/05/24
Headlines The average 5-year fixed mortgage rate is now 5.02%, up from 4.59% a year ago The average 2-year fixed mortgage rate is now 5.42%, up from 4.92% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.95%, up from 4.56% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.53%, up from 4.27% a year ago The average monthly mortgage payment on…
Rightmove
Breaking Property News – 14/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Proptech Parcel SafePlace wins new partnerships with student accommodation operators Collegiate UK & Fresh Student Parcel SafePlace, a leading PropTech parcel logistics service that provides technology for secure and convenient deliveries for residents while enhancing operational efficiency for property managers, has announced the signing…
Andrew Stanton
Breaking Property News – 13/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New digital ecosystem Home set to transform how we move and manage our homes With moving home widely acknowledged as one of life’s most stressful events, pioneering new digital ecosystem Home is set to revolutionise the moving process, for the first time allowing movers…
Andrew Stanton