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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…
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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
Real estate market analysis reveals the best U.S. cities for property investment in 2024
A new study has revealed a ranking of the best cities for real estate investments in 2024, with Miami, Florida, ranking at the top. The ranking is determined by annual price growth for different property sizes, personal income, income growth, population growth, and search volume for real estate terms. Miami, Florida, boasts the highest 13% increase in the value of…
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Breaking Property News 26/09/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Managing Partner Clelia Warburg Peters raises multi-million first fund to digitally transform real estate sector Era Ventures, a pioneering venture capital firm focused on investing in a broad range of business model innovations to catalyse positive change in the built world, today announced the…
Andrew Stanton
Government must help landlords meet EPC C target
Rt Hon Ed Miliband, Secretary of State for Energy Security and Net Zero (DESNZ) has confirmed that by 2030 all rental properties will be required to achieve at least Energy Performance Certificate (EPC) level C or equivalent. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “Many landlords will find EPC C…
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