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Breaking Property News 28/01/25

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Will the Renters’ Rights Bill unravel the Private Rented Sector Siȃn Hemming Metcalfe, Operations Director at Inventory Base & Property Inspect UK, a person I hugely admire who has a panoramic and insightful view of the rental sector, recently wrote this powerful article outlining that we are…

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Andrew Stanton

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Rightmove Rental Tracker 28/01/25

 

First drop in rents since pre-pandemic, as supply continues to improve   The average advertised rent of properties coming to market outside of London has fallen this quarter for the first-time since pre-pandemic 2019, dropping by 0.2% to £1,341 per calendar month: Rents are still 4.7% higher than this time last year, but this is…

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Rightmove

10 Things that can Devalue your Property:

 

Via misguidance, neglect or maybe even outside of your control, there are many situations which can cause a devaluation of your property. Usually a consideration when it is time to sell, the monetary value of our homes are of importance. As a home / property is usually going to be the biggest spend we ever…

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Christopher Walkey

Breaking Property News 27/01/25

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   The best businesses are born when founders set out to solve a problem they faced themselves – Owen Redman In the past eight years I have talked to over 1,300 founders and critiqued over 600 decks, and Roome who we fully endorse have that…

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Andrew Stanton

Booming UK property market demand from Trump’s US

 

Commenting on how the UK property market is now experiencing a boom in demand from Trump’s US as well as the East, Daniel Austin, CEO and co-founder at ASK Partners, said: “The UK property market is experiencing a surge in demand from US buyers, driven by Donald Trump’s return to the White House, a stronger dollar,…

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EAN Breaking News

Love or Hate Rightmove

Rightmove’s weekly mortgage tracker 24/01/25

 

Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 5.02% +0.02% +0.05% 5-year fixed 4.80% +0.03% +0.13% Term Lowest rate Weekly change Yearly change 2-year fixed 4.22% +0.00% +0.14% 5-year fixed 4.07% +0.00% +0.19% Average fixed-term mortgage rates for home-buyers with 5-10% deposits Loan to Value (LTV)…

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Rightmove

Nationwide Housing Affordability Report

 

Affordability stretched, but gradually improving Modest improvement over past year, but affordability remains stretched by historic standards Considerable variation in affordability across occupational groups Affordability most stretched in London and South of England, with North of England & Scotland the most affordable Commenting on the figures, Andrew Harvey, Senior Economist, said: “There has been a…

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EAN Breaking News

Zoopla: Over a quarter of parents ‘lie or break rules’ to get children into their preferred school

 

Admission Impossible: Over a quarter of parents admit to ‘lying or bending’ rules to get their children into preferred schools Over a quarter (27 per cent) of UK parents admit to flouting the rules to get their children into schools, rising to 38 per cent in London The number who admit lying is on the…

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EAN Breaking News

Government planning reforms to protect nature

 

News that the Government has warned that the planning system must protect nature, as it unveils reforms Partner Alison Ogley, Freeths commented: “This is a potential game changer addressing the current inertia in the system, providing a solution that is more effective than individual developers trying to address environmental improvements on a project by project…

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EAN Breaking News

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…

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Andrew Stanton

Love or Hate Rightmove

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…

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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…

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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…

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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…

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Andrew Stanton

Love or Hate Rightmove

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…

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