Breaking News
Rightmove reaction to the latest inflation figures
Matt Smith, Rightmove’s mortgage expert said: “As we get closer to the likely Base Rate cut, stability in the economy is exactly what we need to keep plans on course. Although there is debate around the timing of the first Base Rate cut due to concerns around service inflation, it is looking increasingly likely that it…
Rightmove
Rightmove House Price Index 15th July 2024
Political certainty and potential rate drop bode well for Autumn market Average new seller asking prices drop by 0.4% (-£1,617) this month to £373,493, a bigger July drop than usual, as new sellers try to cut through the distractions of the General Election, sporting events and summer holiday season with a tempting price Market activity…
Rightmove
Breaking Property News – 09/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Fine & Country increases international marketing and growth focus Premium estate agency, Fine & Country is increasing its focus on international growth by launching new marketing initiatives to support its existing international network as well as expanding into new markets. This underscores Fine & Country’s commitment…
Andrew Stanton
Breaking Property News – 08/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Smart Spaces developed Landsec Experience app launches Landsec, one of the UK’s leading commercial real estate companies, is launching an optimised Landsec Experience app across its entire London portfolio of prime workplaces using Smart Spaces’ smart building OS. The new app is designed to…
Andrew Stanton
Beresfords presents expert insight on the post-election property market
Beresfords presents expert insight on the post-election property market under Labour’s commitment to ‘Get Britain Building Again’ With the Labour Government winning the UK election with a landslide majority, Property Group, Beresfords, believe that the landscape of the UK property market is set to remain robust and move forward positively into the second half of…
EAN Breaking News
Labour’s Victory Marks a New Era for Construction Industry and Growth
Following the Labour Party’s victory in the 2024 General Election. The National Federation of Builders (NFB) provides expert insights and analysis on what this significant political shift will mean for the construction industry with several key implications for the construction industry. Labour’s manifesto entitled ‘Change’ has a strong emphasis on growth, planning reform, and partnership…
EAN Breaking News
Rightmove comment on Labour election win
Commenting on the election result, Tim Bannister, Rightmove’s property expert said: “The certainty of having the next government in place will be good for the market, and we wait to see the housing policies that are prioritised. We can see in our data that in previous election years, there has been a slight bounce in home-mover…
Rightmove
General Election 2024 Result – Thoughts from the Industry
With Labour winning the General Election, here are some thoughts from within the property industry. Mark Chick, director of ALEP (the Association of Leasehold Enfranchisement Practitioners) “So now that we know the size of the Labour majority it seems a fairly safe bet that the next five years will see a more vigorous programme of…
EAN Breaking News
Breaking Property News – 04/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. iamproperty appoints Vicky Judson as Director of People North East-based property technology leader iamproperty has welcomed Vicky Judson as its new Director of People. The appointment comes at a key time for the business, with work well underway to deliver its latest innovation – an integrated…
Andrew Stanton
Average 5-year fixed mortgage rate dips below 5%: Rightmove’s weekly mortgage tracker
This week, the average five-year fixed mortgage rate dips below 5% for the first time since the beginning of May. Headlines The average 5-year fixed mortgage rate is now 4.99%, down from 5.68 % a year ago The average 2-year fixed mortgage rate is now 5.37%, down from 6.17% a year ago The average 85%…
Rightmove
Breaking Property News – 03/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Movemnt launches exclusive partnership with LMS Movemnt, the national home transaction infrastructure for all property professionals has announced an exclusive partnership with LMS, the UK’s leading provider of conveyancing services. The partnership leverages LMS’ panel of 4,000 law firm partners and innovative technology solutions,…
Andrew Stanton
Record rents as 120,000 rental homes needed for normal price growth
Average advertised rents have reached another new record of £1,316 per calendar month outside of London, and despite the pace of rent growth easing, are now 7% higher than last year In London, average rents are now £2,652 per calendar month Rightmove’s analysis shows that approximately 120,000 more rental properties are needed on the…
Rightmove
Leasehold and Freehold Reform Act Replaces Certainty with Uncertainty
According to members of the Association of Leasehold Enfranchisement Practitioners (ALEP) “This Act leaves more uncertainty than certainty,” said a member of Association of Leasehold Enfranchisement Practitioners (ALEP) in a recent member poll on the effectiveness of the legislation. Initially announced in last November’s King’s Speech and concluded in the pre-election ‘wash-up’ of parliamentary Bills,…
EAN Breaking News
Breaking Property News – 02/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Climate X raises £14m to predict climate risks on real estate assets UK – Climate risk intelligence company Climate X has raised $18 million to accelerate its global expansion and help the world’s leading financial organisations price the impact of climate change across their physical asset portfolios….
Andrew Stanton
Breaking Property News – 01/07/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New State of Physical Access Control Report from HID HID, a worldwide leader in trusted identity and physical access control solutions, announces the 2024 State of Physical Access Control Report, identifying five key trends that are shaping the future of access control. Produced by…
Andrew Stanton