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Breaking Property News 23/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Things to think about if you do not want to be a renter for life! The team behind tlyfe the lifecycle tenant app, not only know a great deal about providing technology that aids tenants to get to the front of the queue when looking to…
Andrew Stanton
Surge in demand for investment sector as interest rates drop
The latest insights from the UK’s number one commercial property website Rightmove reveals that there has been a surge in demand to invest in commercial property compared with the same period a year ago, as interest rates drop following the second Bank Rate cut. The trend marks a continued recovery for the investment sector as…
Rightmove
Breaking Property News 22/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Construction Apps are the new bricks and mortar This month the leader in the field Ascendix, focuses on why having a construction App promises to solve delays, miscommunication, and cost overruns. A construction application makes it easier to coordinate teams, share information, and avoid…
Andrew Stanton
Breaking Property News 21/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. An uncertain 2025: making the property market work in your favour Property experts across the country are predicting that 2025 will be a buyer’s market, offering potential new property owners more negotiating power and putting sales on the increase. According to recent analysis by…
Andrew Stanton
Breaking Property News 20/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Harnessing technology to reduce wildfires in Southern California Amy Polvado Chairwoman, US Proptech Council | Host, CRE Morning News Show, Proptech Genius Podcast | Founder & CEO, Facilimax | Author, From Data to Deals | Two-time winner of a Congressional Award. ‘First, I would like to say…
Andrew Stanton
Rightmove House Price Index: Record number of sellers in promising start to 2025, but uncertainties ahead
The average price of property coming to market rises by 1.7% (+£5,992) this month to £366,189, the largest jump in prices at the start of the year since 2020: New seller asking prices are still nearly £9,000 below May 2024’s record, reflecting buyer affordability constraints A record number of early-bird new sellers have come to…
Rightmove
Zoopla identifies housing markets with best prospects for house price growth in 2025
New analysis from Zoopla, one of the UK’s leading property websites, reveals that housing markets in Scotland and Northern England have the best prospects for house price growth in 2025, as Southern England continues to adjust to the impact of higher mortgage rates. Housing markets in Scotland and Northern England have the best prospects for…
EAN Breaking News
Rightmove’s weekly mortgage tracker – 16/01/25
Average mortgage rates drop despite mixed economic news Commenting on the drop in average rates this week, Rightmove’s mortgage expert Matt Smith says: “Despite all of the economic news we’ve had this week, average rates have fallen. It shows that despite the challenges affecting the mortgage market at the moment, lenders are keen to…
Rightmove
Breaking Property News 16/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Prolonged corporate distress and uneven 2025 recovery Corporate distress levels in Q4 2024 showed signs of stabilising compared to the same period in 2023, but they remain above the long-term average, according to the latest Weil European Distress Index (WEDI). The report forecasts an uneven recovery…
Andrew Stanton
Sunbury-on-Thames is 2024’s price hotspot
New data reveals that Sunbury-on-Thames in Surrey is 2024’s price hotspot, with the average asking price for a home jumping by 12.5% compared to the previous year: Bristol City Centre is second on the list of hotspots, and Swinton in Manchester is third The rise in prices contrasts the more muted price growth on average…
Rightmove
ONS House Price Index January 2025
Private rent and house prices, UK: January 2025 The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main points Average UK private rents increased by 9.0% in the 12 months to December 2024 (provisional estimate); this is down from…
EAN Breaking News
Foxtons Lettings Market Index – December 2024
Lettings supply strengthened across 2024, Foxtons data shows In 2024, new market listings rose by 8%, totalling over 385,000 listings. In the first half of 2024, applicant demand was 6% below 2023 but strength returned in the second half of the year as demand was 1% higher. Average rent in 2024 closely mirrored 2023, with…
EAN Breaking News
Searches spike in Cornwall’s Watergate Bay following ITV’s Playing Nice
Property searches for Watergate Bay in Cornwall jumped by 46% after it was featured as a location in ITV’s drama, Playing Nice: Searches for Watergate Bay jumped by 46% over the past week versus the previous week Rightmove platform visits peak between 8-9pm each day as many people spend the evening dual screening The busiest minute…
Rightmove
Breaking Property News 15/01/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Zoopla enhances property listings with unique access to local area details Zoopla, one of the UK’s property websites, has enhanced its listing details pages by including a new feature that allows consumers to sign in and access local area information regarding crime rates, flood…
Andrew Stanton
Half of homes increased in value in 2024 by £7,600 as house prices returned to growth
Homeowners checking the value of their home on Zoopla are likely to have seen an increase in value with half (15 million) of all homes across the UK increasing in value in 2024 by an average of £7,600 or more A third of UK homes registered small value falls, mostly across Southern England, as higher…
EAN Breaking News