Breaking News

Breaking Property News – 14/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Lee Rowley appointed housing minister – again Since the turn of the millennium we have had 24 housing ministers, that is two dozen of them in just 23 years. As we trawl through the names do any stick in our memory as being outstanding, or…

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Andrew Stanton

Better-than-predicted year, as sellers price more competitively

 

Average new seller asking prices drop by 1.7% (-£6,088) this month to £362,143, as Christmas approaches and sellers continue to adopt more pricing realism to attract a buyer Though the transition from the frenzied pandemic market back towards more normal activity levels has been slow, key indicators point to a year that so far has…

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Rightmove

Why Mobile Application Testing is Important for App Development

 

How long would it take you to uninstall the app you are using if it stops working properly? The answer may range between a few seconds if you downloaded it recently and a few minutes if you have been using it for a while. Over 1.86 million apps were abandoned on top app stores this…

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EAN Content

WEEKLY NEWS ROUND UP – 10/11/23

 

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   CoStar Group acquiring OnTheMarket is not the prime reason Rightmove may be in trouble PriceHubble acquires Urbanease, pursuing its ambitious growth plan in France and Europe 4Sale – Kuwait’s classifieds platform launches online Real Estate Brokerage ‘4Sale Realty’  …

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Andrew Stanton

Rightmove logo

Rightmove’s weekly mortgage tracker 9/11/23

 

Headline stats    The average 5-year fixed mortgage rate is now 5.35%, down from 5.92% a year ago The average 2-year fixed mortgage rate is now 5.80%, down from 6.19% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.43%, down from 5.95% a year ago The average 60% LTV 5-year…

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Rightmove

Breaking Property News – 09/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Proptech Bimsense raises further £750k from NPIF to help building owners meet new safety rules A proptech business that helps owners of high-rise buildings to meet strict new safety rules has raised a further £750,000 from NPIF – Mercia Equity Finance, which is managed…

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Andrew Stanton

Breaking Property News – 08/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   PriceHubble acquires Urbanease, pursuing its ambitious growth plan in France and Europe PriceHubble, a leader in performance data solutions for real estate and finance, announces the acquisition of French company Urbanease, a leader in land sourcing and urban planning data solutions, highly complementary to…

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Andrew Stanton

Robin Williams San Francisco Home

 

Robin Williams’ longtime San Francisco home with views of the Golden Gate Bridge, the Pacific Ocean, and San Francisco Bay has been listed by his former wife for $25 million. Beloved funnyman Robin Williams got his start with a scholarship to the Julliard School, where he pursued an unconventional style and amazed his teachers with…

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EAN Content

Breaking Property News – 07/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X. CoStar Group acquiring OnTheMarket is not the prime reason Rightmove may be in trouble Though the deal is not yet done it would seem that CoStar Group is intent on acquiring OnTheMarket and replicating its Apartments.com and Homes.com portal play, by quickly supersizing existing lower ranked property…

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Andrew Stanton

Breaking Property News – 06/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   4Sale – Kuwait’s classifieds platform launches online Real Estate Brokerage ‘4Sale Realty’ Premium digital experience is looking to shake up Kuwait’s $12 billion real estate market, offering commercial and residential property for anyone to buy, rent, and sell effortlessly in Kuwait PRESS RELEASE Kuwait City,…

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Andrew Stanton

Breaking Property News – 03/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Radius Agent raises £10.68M to help American Real Estate agents become Brokerage Owners Presently the company helps more than 85,000 agents save 6-8 hours per transaction and earn £20.5B in referrals. Press Release 02/11/2023 San Francisco, CA – Radius Agent, a US based agent-centric real estate company,…

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Andrew Stanton

Love or Hate Rightmove

Single first-time buyers unable to afford 75% of homes using mortgage guarantee scheme

 

New analysis using the latest earnings data from ONS shows single first-time buyers on the average salary could not afford to use the government’s 95% mortgage guarantee scheme on three quarters of properties in the typical first-time buyer market In London, a single first-time buyer on an average London salary could afford only 2% of…

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Rightmove

Breaking Property News – 02/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Property sales drop by 17% and other key indicators show a declining marketplace Against the same three-month period last year the number of properties that completed in the UK dropped by 17%, analysis from HMRC reveals. This alone would be cause for concern, but…

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Andrew Stanton

Breaking Property News – 01/11/2023

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   tlyfe tenant App proves to be winning combination for tenants and letting agents Full disclosure – I have in my role as a consultant to Proptech Founders been involved with Adam Pigott CEO of Openbrix/tlyfe and the rest of his team for some years. At…

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Andrew Stanton

Love or Hate Rightmove

Lowest 85% mortgage rate drops below 5% for the first time since June

 

Headline stats    The average 5-year fixed mortgage rate is now 5.36%, down from 5.97% a year ago The average 2-year fixed mortgage rate is now 5.81%, down from 6.22% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.44%, down from 6.00% a year ago The average 60% LTV 5-year…

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Rightmove