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Breaking Property News 18/09/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Ways Estate Agents can stop wasting time on viewings Following recent analysis, MadeSnappy 360 has found that time-poor agencies often struggle in a fast moving property marketplace. Estate agents and lettings agents often find themselves bogged down by the time-consuming task of conducting viewings for buyers…

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Andrew Stanton

Foxtons Lettings Market Index – August 2024

 

Foxtons data points towards continued healthy summer Lettings market 23% month-on-month increase in number of renters per new instruction The number of new listings was 7% higher in 2024 year to date, compared to the same period in 2023 Rents continue to remain stable in 2024, with no change between August and July   New…

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Breaking Property News 17/09/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X. Ranking of 50 of the world’s largest commercial banks assessing their maturity in climate adaptation reveals most are underperforming Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they…

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Andrew Stanton

Breaking Property News 16/09/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   What are commercial building tenants really looking for in modern workspaces? With remote and hybrid working models becoming the norm, many businesses are beginning to downsize their office spaces. Indeed, compact, higher-quality environments are now preferred over the vast, traditional settings of the past,…

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Andrew Stanton

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Rightmove launches new Renovation Calculator

 

Rightmove has launched a unique new tool to help people explore the added value that existing, or planned renovation works might have on a property. The new Renovation Calculator is an enhancement to Rightmove’s Instant Online Valuation tool. Once people receive an instant online valuation of a property’s price, they now have the option to…

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Rightmove

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Rightmove House Price Index 16th September 2024

 

Autumn action starts early as movers spot window of opportunity   Average new seller asking prices rise by 0.8% (+£2,974) this month to £370,759. September usually sees a monthly rise in prices, but this year’s increase is double the long-term average, with prices supported by increased activity levels The traditionally busier Autumn market appears to…

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Rightmove

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Superstitious Brits avoid moving house on Friday 13th

 

  Rightmove today (13th September), reveals that people avoid moving on Friday the 13th, despite Friday usually being the busiest day of the week for people collecting the keys to their new home Analysis of data since 1995 reveals Friday the 13th is the quietest day for completions compared to any other Friday What’s more,…

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Rightmove

Zoopla Rental Market Report – September 2024

 

21 people competing for every rental property as supply remains a major problem for renters’, pushing rents higher Number of homes for rent still 24% below pre-pandemic average compounded by stalled new investment by private landlords Possible tax changes in Autumn Budget could result in further landlord sales Rental demand has weakened but still 21…

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Rightmove’s weekly mortgage tracker 12th September 2024

 

Headlines   The average 5-year fixed mortgage rate is now 4.67%, down from 5.64% a year ago The average 2-year fixed mortgage rate is now 5.03%, down from 6.22% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.70%, down from 5.71% a year ago The average 60% LTV 5-year fixed…

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Rightmove

Breaking Property News 12/09/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   REA Group targets Rightmove takeover But is there clear logic in the huge deal as strategically, Rightmove acquisition is not an ideal fit?   The following article (1st edition) appeared on the 4th of September and was written and compiled by Angela Hawksford Director, Asia Pacific, (Advanced Interactive…

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Andrew Stanton

Where Are the Top Rising Neighbourhoods for First-time Buyers Across the UK?

 

Santander UK reveals the rising neighbourhoods for first-time buyers (FTBs), with top spots including Waverley, Waltham Forest, and Bassetlaw. It comes as FTBs are moving further away to get onto the property ladder due to lack of suitable properties and affordability constraints – saving an average of £29,000 compared to buying where they lived previously….

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Surge in larger homes listed for sale as Autumn statement looms

 

  New real-time analysis from Rightmove shows there has been a surge in larger properties being put up for sale in the last week The number of top-end homes coming to the market for sale – covering four-bedroom detached houses and all five bedroom or larger homes – is now 15% ahead of the same…

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Rightmove

Breaking Property News 11/09/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Glider, an innovator in information management solutions for the built environment, purchases EDocuments This strategic move will enable the combined companies to offer expert support throughout the entire asset lifecycle, from design and construction to operation. As the construction industry evolves to meet new regulatory…

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Andrew Stanton

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Rightmove agrees new partnership with Women in Estate Agency

 

Rightmove, the UK’s largest property website, today announces that it has agreed a new two-year partnership with the property network Women in Estate Agency (WIEA). WIEA is formed of a range of property industry professionals, both women and men, who give their time to drive change and equality for women across the estate agency sector….

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Rightmove

Rental Reform Needs to Work for Tenants and Landlords

 

Speaking ahead of publication of the Renters’ Rights Bill later today, Ben Beadle, Chief Executive of the National Residential Landlords Association said: “Plans to reform the private rented sector have been on the table for over five years now. Above all, renters and landlords need certainty about what the future looks like. Whilst we await…

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