Breaking News
Breaking Property News – 04/12/23
Daily bite-sized proptech and property news in partnership with Proptech-X. OnTheMarket has a new owner CoStar Group who looks to become the UK’s number one property portal With more than nine out of every ten existing shareholders in OnTheMarket, the present third largest property portal in the UK, voting to accept the sale of…
Andrew Stanton
Rightmove 2024 forecast: prices to drop by 1% as competition increases among sellers
Rightmove predicts that average new seller asking prices will be 1% lower nationally by the end of 2024, as the market continues its transition to more normal levels of activity following the frenetic post-pandemic period. Motivated sellers are likely to have to price more competitively to secure a buyer in 2024, and agents will work…
Rightmove
Breaking Property News – 01/12/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Full material Information Guidance B & C published by NTSELAT all you need to know New guidance for sales and letting agents covers all three phases of programme Aim is to help agents to meet their existing legal requirements under the CPRs Material information guides…
Andrew Stanton
Breaking Property News – 30/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. iamproperty announces appointment of Mark Lewis as New Group Chair Press Release London 29th November 2023: iamproperty is pleased to welcome Mark Lewis as Group Chair. The appointment comes at a key time for the business, with work well underway to deliver its vision of an integrated ecosystem…
Andrew Stanton
November’s Top 10 Celebrity Real Estate News: Julia Roberts, Katy Perry & Rihanna
Julia Roberts Sells San Francisco Home In 8 Days Julia Roberts sold her San Francisco home for $11.3 million in just eight days. Julia bought the Presidio Heights five-bedroom home with 6,300 square feet in 2020 for $8 million. Fortunate Son Gets Deal On Sly Home Sylvester Stallone has sold his LA mansion to Credence…
EAN Content
Breaking Property News – 29/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. How are UK rental yields being affected by the rise in interest rates Michael Joyner Chief Data Scientist at Bricks&Logic explains in his own words how the current high interest rate environment is impacting rental prices. ‘The world of property investment has always been a dynamic…
Andrew Stanton
Rightmove’s weekly mortgage tracker – 29/11/2023
The average 5-year fixed mortgage rate is now 5.14%, down from 5.52% a year ago The average 2-year fixed mortgage rate is now 5.56%, down from 5.77% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.22%, down from 5.54% a year ago The average 60% LTV 5-year fixed mortgage rate…
Rightmove
Breaking Property News – 27/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Offilancer has key answers to Work and who and where and how it will be done in the 2030’s The fallout from the collapse and bankruptcy of WeWork a co-working provider as we know is just beginning. A behemoth that had a market capitalisation of $47…
Andrew Stanton
Breaking Property News – 24/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Is Jeremy Hunt’s Autumn Statement – Good or Bad News for property sector? Let’s see has the Chancellor of the Exchequer brought the cavalry racing over the hill to save the stalling housing market? In a word No. No changes to SDLT, so no…
Andrew Stanton
Breaking Property News – 23/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. No jam today and definitely no jam tomorrow as property sector mulls Autumn statement Having now had time to reflect on what the Chancellor did for the property market, many agents feel that Jeremy Hunt has delivered no direct benefit. In a generalist way…
Andrew Stanton
Rightmove launches course for agents to help compliance with CPRs
Rightmove has launched a brand new course for estate and letting agents, to help them understand and remain compliant with the Consumer Protection from Unfair Trading Regulations (CPRs). The course has been created with National Trading Standards Estate and Lettings Agency Team (NTSELAT) to make sure agents have all the information they need to…
Rightmove
Breaking Property News – 22/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Is Jeremy Hunt’s Autumn Statement – Good or Bad News for property sector? Let’s see has the Chancellor of the Exchequer brought the cavalry racing over the hill to save the stalling housing market? In a word No. No changes to SDLT, so no…
Andrew Stanton
Rightmove’s weekly mortgage tracker 22/11/2023
Headline stats The average 5-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average 2-year fixed mortgage rate is now 5.65%, down from 5.88% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.29%, down from 5.59% a year ago The average 60% LTV 5-year…
Rightmove
Breaking Property News – 21/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Wes Snow’s from Acendix’s stateside views on the big events hitting property technology in November Many people are amazed at how much I know about everything across the plan, build, lease sale and the management of property assets and the ever changing themes and…
Andrew Stanton
Rightmove stats and comment ahead of Autumn Statement
Stamp Duty The average stamp duty that a home-mover (not a first-time buyer) pays is currently £5,607 (based on the average asking price of £362,143) 29% of homes on the market are currently exempt from stamp duty for all home-movers (excluding second homes, anything £250,000 or below) 62% of homes on the market are…
Rightmove