Breaking News
Rightmove’s weekly mortgage tracker 30/05/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.64% +0.03% -0.78% 5-year fixed 4.61% +0.03% -0.45% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.82% +0.02% -0.93% 5-year fixed 3.88% +0.09% -0.55% Average…
Rightmove
Seven in ten branches now using Rightmove’s insights and training platform
New figures from Rightmove, the UK’s largest property platform, show that seven in ten estate and letting agency branches are making use of its insights and training platform, the Rightmove Hub. This is up from 56% of branches back in 2023. The Hub, first launched ten years ago and recently revamped, has expanded in response…
Rightmove
Household Costs Indices for UK household groups: January to March 2025
Household Costs Indices, 12-month growth rates, expenditure shares and contributions for UK household groups and all-households. These are official statistics in development. Main points Overall UK household costs, as measured by the Household Costs Index (HCI), rose by 2.6% in the year to March 2025; this is a fall from 2.9% in the year to…
EAN Breaking News
Why Rural House Prices Are Surging Faster Than Cities
New analysis from Open Property Group reveals that rural England is facing an affordability crunch, as house prices in the countryside outpace urban growth, despite lower average wages and higher living costs in remote areas. These shifting dynamics are challenging the long-standing assumption that rural life offers a more affordable and sustainable alternative to the…
EAN Breaking News
Breaking Property News 29/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. OpoticWise – The Tenant Tech Gap Week 2: Why CRE Portfolios Fall Behind Without Digital Ownership Introduction Welcome back to the second week of sour 52-week series on digital transformation in commercial real estate. I’m Bill Douglas, CEO of OpticWise, where we help CRE…
Andrew Stanton
Liverpool home to the nation’s busiest estate agents
The latest research by eXp UK, the platform for personal estate agents and estate agency businesses, has shown that the average agent is listing 26 properties in the current market, but it’s agents in Liverpool who are the busiest, listing an average of 46 properties per agent. eXp UK analysed current market data on the…
EAN Breaking News
Government to help SME builders
The Government has announced a package of proposals to directly help small and medium sized builders (SMEs) and they include a ‘Medium’ sized site definition to enable more proportionate planning requirements, streamlined planning for ‘Minor’ sized sites and more targeted support for access to land and finance. Richard Beresford, Chief Executive of the National Federation…
EAN Breaking News
Breaking Property News 28/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. How Artificial intelligence is reshaping the UK mortgage landscape Fintech meets operational needs of lenders & brokers Artificial intelligence (AI) is steadily reshaping the UK mortgage landscape, bringing long-overdue efficiency and modernisation to a traditionally cumbersome process. What was once a manual, document-heavy,…
Andrew Stanton
UK housing market springs back: Busiest May for home sales since the 2021 pandemic boom
Buyers and sellers have sprung into action after Easter, with the number of sales agreed in May the highest in four years Most sellers are also buyers who are seizing the opportunity to agree purchases, enticed by some attractive mortgage deals and the ability to borrow up to 20 per cent more Increased market activity…
EAN Breaking News
The five MOST searched mortgage questions answered by a property expert
With terms including the word ‘mortgages’ generating over half-a-million Google searches a month (595k) in the UK alone, it’s clear that many prospective homeowners are still confused about how mortgages work, what they’re eligible for, and how to navigate a challenging market. To help provide clarity, Luke Williams, Specialist Property Advisor, at Pure Property Finance,…
EAN Breaking News
53% of Tenants likely to challenge rent increases, but fair landlords have little to fear, says LRG report
More than half of tenants say they are likely to challenge rent increases under the incoming Renters’ Rights Bill (RRB), according to new research by LRG (Leaders Romans Group). However, the figures also show that nearly half of the tenants surveyed would not look to challenge a rent increase, a reflection, LRG says, of the…
EAN Breaking News
Nationwide report Rural rules the roost
Rural rules the roost as countryside homes plough ahead of urban properties for house price growth House prices in predominantly rural areas have risen by 23% over the last five years, compared to 18% in predominantly urban areas Rural terraced properties have seen the strongest rate of price growth, urban flats the weakest Commenting on…
EAN Breaking News
Breaking Property News 27/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Why Electrical and Gas reports for rentals are a top priority What being a compliant Landlord looks like If you’re a landlord in the UK and you fail to have a valid Electrical Installation Condition Report (EICR) for your rental property, the consequences…
Andrew Stanton
Breaking Property News 26/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. InventoryBase asks will AI replace inventory professionals? Artificial Intelligence & inventory clerks – what is the future? Earlier this month Sian Metcalfe Operations controller at InventoryBase a top voice in the PRS and sector did a webinar with Daniel Evans from AIIC (Association of Independent Inventory Clerks). The discussion was provocatively…
Andrew Stanton
Breaking Property News 22/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Mandatory AML checks now enforced for Landlords and Tenants From 14th May, 2025 new UK legislation requires that all landlords and tenants be screened against global sanctions and PEP (Politically Exposed Persons) lists. These checks are now a legal obligation, with no exceptions, and failure…
Andrew Stanton