Breaking News
Breaking Property News – 01/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Should Rightmove share its profits with estate agents? 2023 looks like being the first year that property sales completions will be under the one-million mark since 2012. In contrast to last year when 1.25 million homes were sold, and the 1.48 million high of 2022….
Andrew Stanton
Rightmove’s weekly mortgage tracker 01/08/23
Headline stats The average 5-year fixed mortgage rate is now 6.08%, up from 3.69% a year ago The average 2-year fixed mortgage rate is now 6.61%, up from 3.66% a year ago The average 85% LTV 5-year fixed mortgage rate is now 6.15%, up from 3.63% a year ago The average 60% LTV 5-year fixed…
Rightmove
Breaking Property News – 31/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Document reviewing process essential for ongoing agency compliance says Paul Offley It is important for estate agents to have a process in place to check the documentation they receive at their office, in order to avoid potential claims. This is according to Paul Offley, Compliance Officer at…
Andrew Stanton
July’s Top 10 Celebrity Real Estate News: Walt Disney, Mick Jagger & James Corden
Walt Disney’s Longtime LA Home The Los Angeles home where Walt Disney lived and worked on some of his most important movies such as Snow White, Cinderella, and Pinocchio is for rent at $40,000 per month. Walt and family lived in the home from 1932 to 1950. Mick Jagger’s Florida Home For Sale Mick Jagger…
EAN Content
Breaking Property News – 28/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Bricks&Logic are capturing property information and creating a story for better completion rates Michael Joyner, Chief Data Scientist, at Bricks&Logic explains, in the ever-evolving world of property, why staying ahead of the competition is crucial for estate agents, and why iterations of established services really…
Andrew Stanton
More significant incentives & clarity needed to retrofit homes
Rightmove today suggests that more help and more significant incentives are needed for home-owners and landlords to improve energy efficiency and help them bring down running costs: Higher energy bills have contributed to one in five tenants (19%) and one in five first-time buyers (19%) saying a property’s energy efficiency will be a major factor…
Rightmove
Are You Worried About Getting A Mortgage?
There is no doubt that mortgages are very worrying to a lot of people. For example, how long does a mortgage application take through a broker? Of course, it’s easy enough to understand why. After all, a mortgage is quite possibly the biggest loan you will ever have in your life, and being in that…
EAN Content
Breaking Property News – 27/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. tylfe says – Stay Protected This Summer! Tlyfe says – Summer is right around the corner, and we can already feel the excitement building up! As you gear up for the sun-soaked adventures and unforgettable memories, we want to make sure you’re all set to have…
Andrew Stanton
Why You Can’t Sell A Home With Terrible Curb Appeal
Selling a home with terrible curb appeal is like trying to sell a toddler a piece of chocolate covered in broccoli. If they don’t like the look of it, then they aren’t really going to care about what is on the inside. As such, curb appeal is a massively important element of selling a property,…
EAN Content
Breaking Property News – 26/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Novyy Rooms completes the acquisition of 50-student rooms in Coventry as a part of their Student Housing investment strategy. Press Release Novyy, a unique fractional ownership platform focusing on the British buy-to-let market, has recently achieved a significant milestone in its investment strategy by acquiring 50…
Andrew Stanton
Rightmove’s weekly mortgage tracker 25/07/23
Rightmove’s mortgage expert Matt Smith says: “After the market turbulence over the last two months, the signs are there that mortgage rates are reaching a peak. There’s been an increase in average rates compared with last week, but we may now see some lenders begin to cut rates as soon as the coming days. However,…
Rightmove
Breaking Property News – 25/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. HIGHER INTEREST RATES WILL BE THE NORM FOR THE MEDIUM TERM These are comments from the latest episode of The Home Stretch podcast from the Guild of Property professionals. In the latest episode of the podcast, CEO of The Guild of Property Professionals, Iain McKenzie is joined by…
Andrew Stanton
Breaking Property News – 24/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Bricks&Logic are capturing property information and creating a story for better completion rates Michael Joyner, Chief Data Scientist, at Bricks&Logic explains, in the ever-evolving world of property, why staying ahead of the competition is crucial for estate agents, and why iterations of established services…
Andrew Stanton
Breaking Property News – 21/07/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. The UK is running out of rental properties In June 2019, there was 370,000 properties to rent out, now it is only 241,000 – according to 20Ci. Which means there are now a third less properties available to rent, than four-years ago if you use…
Andrew Stanton
Rightmove rental tracker: Asking rents hit new record and now a third higher than pre-pandemic
National average asking rents outside London hit new record of £1,231 per calendar month (pcm): Average asking rents for new tenants are now over £300 (33%) more than pre-pandemic 2019 The annual pace of rent growth is slowing slightly, however it remains near double-digits Average asking rents for new tenants in London also reach new…
Rightmove