Breaking News
Breaking Property News 26/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. CEO Andrew Stanton gives advice for proptech start ups and scale ups Often I am asked what it is that I do as CEO of Proptech-PR ‘A consultancy for proptech founders’, well part of it is giving founders insights and strategies for building successful proptech businesses. As a…
Andrew Stanton
Energy price cap increase could raise bills by £558 for least energy-efficient homes
The energy price cap will rise by 10%, taking effect from 1st October: For a home with the highest rated A Energy Performance Certificate, this means average annual bills could rise by £56, compared with the lowest rated G homes, would could rise by an average of £558 As the regulator considers the future…
Rightmove
Rightmove’s weekly mortgage tracker 22nd August 2024
Headlines The average 5-year fixed mortgage rate is now 4.76%, down from 5.69% a year ago The average 2-year fixed mortgage rate is now 5.12%, down from 6.31% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.82%, down from 5.71% a year ago The average 60% LTV 5-year fixed…
Rightmove
Breaking Property News 22/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sprift is leading the charge in proptech innovation – here is why? Recently I caught up with Matt Gilpin Founder of ‘mighty’ Sprift and I asked him to explain to me why over 6,000+ agents trust his brand so much, ‘It is simple, we ensure that real estate…
Andrew Stanton
Breaking Property News 21/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Considerations before deciding to rent property to tenants as a career Over the decades numerous people in my circle have become ‘accidental landlords’ either through moving in with a partner or through inheritance etc. Some have become Landlords in a more planned way as…
Andrew Stanton
Breaking Property New 20/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. How useful is Artificial Intelligence (AI) in mortgage lending? Darina Moliva from Ascendix, outlines how AI is transforming the mortgage industry. ‘In America according to Fannie Mae, 30% of lenders have already adopted or tried AI software. With this figure is expected to climb to 55%…
Andrew Stanton
Breaking Property News 19/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Tenant facing proptech adds new service layer for users tlyfe, the leading tenant app, is excited to announce the launch of its new Home Concierge service, powered by their partnership with Home.cc. Designed to provide renters with unparalleled support, this innovative feature offers real-time…
Andrew Stanton
Rightmove House Price Index 19th August 2024
Bank Rate cut spurs further upturn in market activity Average new seller asking prices see a seasonal drop of 1.5% (-£5,708) this month to £367,785. August has seen a monthly decline in prices from July for the last 18 years, with this month’s fall in line with the long-term average The first Bank of…
Rightmove
Breaking Property News 15/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Comprehensive analysis highlights shifts in estate agents’ performance KnowYourMarket, a leading mystery shopping and market research firm within the homeowner and home mover sector, has released its highly anticipated Benchmark Report for Q2 2024. The report offers an in-depth comparative analysis of key market…
Andrew Stanton
Breaking Property News 14/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New innovative Plug-in to amplify business success by aggregating multiple review sources Every Estate and Letting agent relies upon reviews and testimonials to win new business, but having put in the hard work to get them, a large number of them go hidden. VerifyTrusted addressed this…
Andrew Stanton
Rightmove’s weekly mortgage tracker 14th August 2024
The lowest available 5-year fixed rate mortgage is now 3.83% (for 60% LTV), which is the lowest a five-year fixed rate has been since before the mini-Budget in September 2022. Headlines The average 5-year fixed mortgage rate is now 4.80%, down from 5.82% a year ago The average 2-year fixed mortgage rate is now 5.18%,…
Rightmove
ONS House Prices Index for August 2024
Average UK private rents increased by 8.6% in the 12 months to July 2024 (provisional estimate), unchanged from in the 12 months to June 2024. Average rents increased to £1,319 (8.6%) in England, £748 (7.9%) in Wales, and £965 (8.2%) in Scotland, in the 12 months to July 2024. In Northern Ireland, average rents increased…
EAN Breaking News
Downsizing could unlock half a million in cash for empty nesters
Homeowners of five-bed houses who own outright could downsize to a three-bed home, and make an average of £498,687 in cash before moving costs London sees the highest potential average cash return when downsizing, where movers could pocket £1,062,087 when moving from a five-bed to a three-bed house on average Movers in the North East…
Rightmove
Rent Controls Would Be a Disaster for Tenants
A third of private sector landlords would sell properties they let if rent controls were introduced, according to new research. The data, compiled by the research consultancy Pegasus Insight, finds that in the second quarter of the year 82 per cent of landlords in England and Wales reported strong demand for properties from tenants. Demand…
EAN Breaking News
Breaking Property News 13/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Over 600 agents streamline operations with virtual tours provided by trusted premier industry supplier The UK property market is experiencing a significant transformation, with estate agencies increasingly adopting virtual tour technology to streamline the sales process and reduce operational costs. Made Snappy 360, a leading…
Andrew Stanton