Breaking News
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
Rightmove reaction to lack of housing discussion in first live TV debate
In response to the extremely limited housing policy discussion in last night’s TV debate, Rightmove’s property expert Tim Bannister said: “At a time when house prices and rents are at record highs, it’s really disappointing to see that housing barely got a look in during last night’s debate. People need to hear much more about…
Rightmove
Breaking Property News – 05/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Nurtur unveils strategic move to accelerate innovation and AI integration Full disclosure I (Andrew Stanton) was until December 2023 a NED of nurtur.accelerator part of the nurtur group, but the following is a Press release that has been published in its entirety for balance….
Andrew Stanton
Breaking Property News – 04/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sprift sees large uptick in estate agents using its Material Information service Seven months since the new Property Material Information parts B and C regulations were introduced by (NTSELAT), Sprift is seeing an increasing number of agents using their service to keep agents compliant and speed…
Andrew Stanton
Breaking Property News – 03/06/24
Daily bite-sized proptech and property news in partnership with Proptech-X. The Property Franchise Group’s acquires part of nurtur.group in £20M deal Press Release London 03/06/2024 – TPFG growth continues with the acquisition of The Guild of Property Professionals and Fine & Country. We are pleased to announce that The Property Franchise Group PLC (TPFG) has…
Andrew Stanton
Rightmove: Proposed priorities for next govt, from stamp duty reform to greater green incentives
Rightmove’s pre-election report: proposed priorities for next government Accelerating house-building, first-time buyer support, stamp duty reform & greater green incentives Ahead of July’s general election, Rightmove suggests four areas of the housing market that need to be addressed to help people move home: Accelerating house-building for sale and to rent, along with longer term…
Rightmove
Rightmove’s weekly mortgage tracker 30/5/24
Headlines The average 5-year fixed mortgage rate is now 04%, up from 4.63% a year ago The average 2-year fixed mortgage rate is now 41%, up from 4.97% a year ago The average 85% LTV 5-year fixed mortgage rate is now 01%, up from 4.55% a year ago The average 60% LTV 5-year fixed mortgage…
Rightmove
Highest supply of homes for sale in eight years will keep house prices in check
Zoopla HPI reveals that the UK is currently experiencing the highest supply of homes for sale in eight years, which will keep house prices in check for the rest of 2024, and also predicts that the 4th July General Election will have less impact on the housing market than during previous election periods. Supply of…
EAN Breaking News
Breaking Property News – 29/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Made Snappy 360 says 61% of letting agents omit property measurements from their listings – which NTSELAT now requires Letting agents across the UK are proactively responding to an update from the National Trading Standards in Estate & Letting Agency (NTSELAT) regarding recommended “material information”…
Andrew Stanton
Rightmove story: Home-movers undeterred by election
Majority of home-movers undeterred by election New insight among home-movers shows 95% say the upcoming election will not affect their moving plans Rightmove data from previous elections shows that the market remained steady: In 2015, demand from buyers was consistent leading up to the election, and experienced a post-election boost in June when the annual…
Rightmove
Breaking Property News – 27/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. InventoryBase Academy partners with Belvoir Group Press Release London, May 2024 – InventoryBase, the UK’s leading provider of property inventory and reporting software, is thrilled to announce a landmark partnership with Belvoir Group, one of the UK’s largest estate & lettings agency chains and property franchises. As part…
Andrew Stanton
Breaking Property News – 23/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Phoebus exceeds £110 billion assets managed in UK and Europe Following several new client wins, assets managed in the UK and Europe on the Phoebus servicing platform have topped £110 billion. This follows major investment in the Phoebus servicing product and API ecosystem that allow clients to…
Andrew Stanton
Rightmove’s weekly mortgage tracker 22/5/24
Matt Smith, Rightmove’s mortgage expert said: “Today’s inflation drop feels like an important milestone on the road to the first Base Rate cut. There’s been some to-ing and fro-ing over whether we’ll see a summer Base Rate cut, but today’s news will likely reinforce some of the positive words coming from the Bank of England…
Rightmove