Breaking News
Foxtons Lettings Market Index – May 2024
An increase in property listings leads to a more balanced May Lettings market Applicant demand increased month-on-month, up 20% compared to April In May, the London market saw 36% more listings compared to April. In 2024 year to date, there was a 10% increase compared to 2023 Average rent was £577 in May 2024,…
EAN Breaking News
Breaking Property News – 17/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Clarion Housing & Places for People partner with Stairpay Press Release – London, UK – 17 June 2024 — Stairpay, a platform that simplifies the customer journey of shared ownership to help more people achieve their dream of owning a home, has partnered with Clarion Housing…
Andrew Stanton
Rightmove House Price Index 17th June 2024
Market maintains momentum despite more tentative top-end The average price of property coming to the market for sale drops by just £21 this month (0.0%) to £375,110 after reaching a record high in May, as prices in June follow their familiar seasonal pattern of recent years and remain flat: Less expensive and more northerly…
Rightmove
Which is the Best Estate Agent in Clacton-on-Sea Essex?
The famous Essex seaside town with direct train links to London Liverpool Street holds around 23 estate and letting agents. Located within the Tendring district of the Essex County region, the town boasts a population of over 53,000. Famous for it’s golden sand beaches, award winning pier and the West Cliff Theatre. Once was one…
Christopher Walkey
Reaction to the commitment to leasehold reform in the party manifestos
Mark Chick, director of ALEP (the Association of Leasehold Enfranchisement Practitioners) and a Partner at Bishop & Sewell LLP commented: “Whichever party forms the next government, leasehold reform is far from over. “We know that the Conservatives would renew their commitment to cap all ground rents at £250 and to phase them out over…
EAN Content
Breaking Property News – 13/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Why Labour can never deliver 300,000 New Homes a year Given there is a shortage of 400 (not a typo) local Planning officers in the UK. The Labour party can talk all day about building 300,000 new homes a year, but given that it takes 2.5 years…
Andrew Stanton
GDP figures shows the need for planning reform
Following GDP growth of 0.4% in March 2024, April has seen no growth and in key sectors, such as construction, output has again dropped. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The NFB Manifesto, ‘Supporting Construction to Power Growth’, was written with the UK’s GDP struggles in mind. While growth…
EAN Breaking News
Breaking Property News – 12/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Leadpro integrates with Alto Leadpro, a lead generation and management tool, is excited to announce its integration with Alto, the market-leading software for estate agents This integration aims to drive efficiencies for agents by enabling the seamless transfer of leads from Leadpro directly into…
Andrew Stanton
Conservative Plans do Nothing to Address Shortage of Homes to Rent
Responding to proposals in the Conservative Party’s 2024 general election manifesto to scrap Capital Gains Tax for two years where landlords sell properties to sitting tenants, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Tenants who want to become homeowners should be supported to do so. Whilst incentivising landlords to sell to…
EAN Breaking News
Rightmove reaction to this morning’s housing policies
In response to this morning’s proposed housing pledges, Tim Bannister, Rightmove’s property expert said: “It’s good to see housing get more focus and attention. Some of the proposals announced this morning sound like a start, but there’s still scope to go further in helping the majority of first-time buyers or removing barriers to movement. “Stamp…
Rightmove
Breaking Property News – 11/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Fintech Agora wins top spot at SIIA CODiE awards Press Release (NEW YORK 2024) – Agora, an innovative real estate investment management platform, was named the best Fintech Solution of 2024 at the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the…
Andrew Stanton
Breaking Property News – 10/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. VerifyTrusted powers Verismart Property Inspections and compliance franchisees, with advanced reviews data and Reputation Management Services VerifyTrusted a leading provider of reviews data and reputation management solutions, proudly announces its new integration with Verismart, a renowned franchisor in the property Inspections sector. This strategic…
Andrew Stanton
Rightmove comment and data in reaction to mortgage guarantee scheme + stamp duty
Rightmove comments on Labour’s proposed mortgage guarantee scheme and the Chancellor’s comments on Stamp Duty. Tim Bannister, Rightmove’s property expert said: ‘We welcome policies and innovations which are trying to help more first-time buyers onto the ladder. However we know from our own research that policies like the mortgage guarantee scheme have limitations, and…
Rightmove
Zoopla Rental Market Report: rental growth at its lowest level for 30 months
UK rental growth slows to lowest level for 30 months, although there are still 15 people competing for every rental property Rental growth has slowed to +6.6%, its lowest level for 30 months (Oct-21). The average monthly UK rent now stands at £1,226 per month Rents have fallen over the last quarter in some key…
EAN Content
Rightmove’s weekly mortgage tracker 5/6/24
With the election called for July 4th, Matt Smith, Rightmove’s mortgage expert suggests a review of mortgage affordability criteria could help: “There’s an opportunity to unlock greater affordability in a responsible way, which could help more first-time buyers get on the ladder. First-time buyers are already taking out longer mortgage terms and lender innovation has…
Rightmove