Breaking News
Breaking Property News – 01/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Adam Pigott CEO of tlyfe – the Oracle of the lettings industry Everyone is familiar with Adam Pigott‘s tlyfe app, developed by OpenBrix tram, which streamlines and enhances the rental process for both tenants and letting agents. But not so many people know that like many founders…
Andrew Stanton
Sandbanks is the most expensive coastal area
Rightmove analysis shows that Sandbanks in Poole, Dorset is the most expensive coastal area in Great Britain, with an average asking price of £1,582,331 Canford Cliffs in Poole is second, with an average asking price of £1,242,181 and Milford-on-Sea in Hampshire is third (£751,442) Saltcoats in Ayrshire, Scotland is the cheapest coastal area with an…
Rightmove
Rightmove’s weekly mortgage tracker 31st July 2024
Matt Smith, Rightmove’s mortgage expert said: “All eyes are on tomorrow’s Bank of England decision where many are hoping for a first cut to the Base Rate for four years. The markets are currently favouring the likelihood of a cut, but as we’ve seen in recent weeks, this can change and I think it could…
Rightmove
Breaking Property News – 30/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Keychain announces upgrades to its mortgage and protection client portal Keychain, a leading provider of client software for mortgage and protection advisers, has announced an enhancement of its client portal’s features today. Launched in 2023 with backing from HM Land Registry, the platform now offers…
Andrew Stanton
UK housing market hotting up
House prices on track for 2% increase in 2024, with supply up 16% and buyers paying on average 96.8% of asking price The number of sales agreed is 16% higher than a year ago Average agent has more homes for sale than at any point in the past six years Buyers paying 96.8% of the…
EAN Content
Rightmove asks government to consider retaining first-time buyer stamp duty threshold
New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
Rightmove
Breaking Property News – 25/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
Andrew Stanton
Rightmove’s weekly mortgage tracker 24th July 2024
Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
Rightmove
Breaking Property News – 24/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
Andrew Stanton
Breaking Property News – 23/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Referral system earns agents up to five figures in additional revenue With an extensive Membership of independent estate agents throughout the UK, The Guild of Property Professionals is one of the UK’s largest property networks. Leveraging this extensive reach and influence, Guild Members are…
Andrew Stanton
Rightmove: Rents hit new record, as average property receives 17 enquiries
Average advertised rents outside of London rise to a new quarterly record of £1,314 per calendar month (pcm), now 7% higher than last year (£1,231 pcm) London rents have also risen to a new record of £2,661, now 4% higher than last year (£2,567 pcm), with rent growth steadily slowing since the peak of 16%…
Rightmove
Breaking Property News – 22/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. PriceHubble’s desktop valuation solution passes external audit for compliance on EBA loan guidelines Press Release July 2024 — PriceHubble, Europe’s leader in property data solutions for finance and real estate, is pleased to announce that its desktop valuation solution has successfully passed an external audit…
Andrew Stanton
Foxtons Lettings Market Index – June 2024
Activity across London begins to pick-up in the summer market • Applicant demand rises by 15% month-on-month as the peak lettings season begins • Budgets continued to rise, reaching an average of £547 (per month), the highest in recent years and 2% higher year on year • Average rental prices remain stable on a month-on-month…
EAN Content
English Housing Survey: Eight in Ten Private Renters Satisfied With Accommodation
Private renters are more satisfied with their accommodation than those in the social rented sector, according to new data published today. According to the Government’s latest English Housing Survey, in 2022/23, 82 per cent of private renters were satisfied with their accommodation, compared to 74 per cent of those in the social rented sector. The…
EAN Breaking News
Breaking Property News – 17/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sian Hemming Metcalfe analysis on Labour’s Lettings policies Sian Hemming Metcalfe is Operations Director of InventoryBase & Property Inspect UK, and acts as Advisory to ARLA Propertymark and Ambassador for Propertymark Trust. An expert in her field and hugely regarded in the industry, Sian also shares her…
Andrew Stanton