Breaking News
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
Comment on Land Registry’s House Price Index showing an annual rise of 1.8%
Commenting on Land Registry’s UK House Price Index showing an annual rise of 1.8%, Daniel Austin, CEO and co-founder at ASK Partners, said: “The property sector is recovering. Rent values have seen sustained growth, positioning real estate as reasonably valued in comparison to gilts and presenting growth potential. In the realm of commercial real estate,…
EAN Breaking News
Breaking Property News – 22/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sunak calls General election for 4th July 2024 – American Independece Day Many pundits feel that post the General election Rishi Sunak will fly off to Silicon Valley, so maybe holding the General election on American Independence Day is no coincidence! The real carnage…
Andrew Stanton
Breaking Property News – 21/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Lichfields report highlights guiding principles for successful repurposing in Britain’s town centres A new report by national planning and development consultancy, Lichfields, sheds light on the future of UK town centres, presenting a roadmap for the revitalisation and repurposing of vacant or underutilised buildings….
Andrew Stanton
Rightmove House Price Index: Record asking prices driven by pent-up demand
The average price of property coming to the market for sale reaches a new record of £375,131, rising by 0.8% (+£2,807) in the month, as the momentum of the Spring selling season exerts some modest upwards price pressure : The market remains price-sensitive with average asking prices just 0.6% higher than a year ago The…
Rightmove
Breaking Property News – 17/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New digital ecosystem Home set to transform how we move and manage our homes With moving home widely acknowledged as one of life’s most stressful events, pioneering new digital ecosystem Home is set to revolutionise the moving process, for the first time allowing movers…
Andrew Stanton
Breaking Property News – 16/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. PriceHubble powers Mitsubishi Estate’s newly launched real-time generative AI property consultant Zurich/Tokyo, May 16, 2024 – PriceHubble, Europe’s leader in property data solutions for finance and real estate, is powering an innovative generative AI solution launched in beta version on the Japanese market by Mitsubishi…
Andrew Stanton