Breaking News
Rightmove House Price Index: Sixth price record but market cooling from boil to simmer
Price of property coming to market hits sixth consecutive record of £369,968, up 0.4% in the month (+£1,354): New first-time buyers face record prices and rising interest rates, meaning that their monthly mortgage payments are now 20% (+£163) higher than the start of the year More buyers may lock in longer mortgage terms to bring…
Rightmove
WEEKLY NEWS ROUNDUP – 15/07/2022
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X New property legislation kicked into the long grass Thirty-One Percent of Property Sales Falling Through Before Completion as Lenders Get Tougher Homesearch announce new partnership with Propertymark RICS: Demand and sales continue to cool although pricing trends remain relatively firm…
Christopher Walkey
BREAKING PROPERTY NEWS – 14/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. RICS: Demand and sales continue to cool although pricing trends remain relatively firm at this stage New buyer enquiries indicator moves further into negative territory New instructions remain more or less fl at while sales soften slightly House prices still rising across all parts…
Andrew Stanton
Rents grow at fastest annual rate in 16 years
National average asking rents outside London hit another new record of £1,126 per calendar month (pcm), rising 3.5% from last quarter and 11.8% higher than last year: Average asking rents outside London have now jumped by 19% (+£177) in the two years since the pandemic started, the same growth in rents that took eight years…
Rightmove
BREAKING PROPERTY NEWS – 13/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Homesearch announce new partnership with Propertymark PRESS RELEASE: Property data and estate agent prospecting platform, Homesearch has announced that it has secured a new partnership with Propertymark, enhancing support for its estate agent members and boosting growth innovation across the industry. Under the new partnership, Homesearch will…
Andrew Stanton
Bahamas Island Auction, ‘Wolf of Wall Street’ & Bel Air Honey Mansion
This Long Island home was seen in the Wolf of Wall Street movie U.S. Real Estate News: Bahamas Island Auction, ‘Wolf of Wall Street’ Equestrian Estate & Bel Air Honey Mansion “Honey Founder’s $150 Million Bel Air Mansion” One of the country’s most expensive listings just came on the Los Angeles market. Priced at $150…
EAN Content
BREAKING PROPERTY NEWS – 12/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. NTSELAT publishes guidance on material information for listings The National Trading Standards Estate and Letting Agency Team (NTSELAT) has published new guidance to help agents ensure they are meeting their requirements under Part A of the process to improve material information in property listings….
Andrew Stanton
BREAKING PROPERTY NEWS – 11/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. New property legislation kicked into the long grass Following a weekend of Wimbledon excitement, Monday has hit with the reality that Greg Clark has become the new Secretary of State for Levelling Up, Housing and Communities in the wake of Boris Johnson’s resignation. Under…
Andrew Stanton
WEEKLY NEWS ROUNDUP – 08/07/2022
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Table of ContentsHide Growth in Prime Central London continues steady recovery but is held back by stalled return of international demand Inflation Outpaces Home Price Growth Reset of market will be gradual as demand remains robust PRESS RELEASE: Summer sellers…
Andrew Stanton
New Research Reveals Time to Sell a Property Has Halved while Property Prices Have Almost Doubled Over The Last Five Years
New research from TwentyEA shows that over the last five years, property prices have seen an annual growth rate of 6.3% nationally, almost doubling during this period, while the time to sell properties has halved since 2019. While the average asking price in the UK now stands at £417,000, there are large regional variations with…
EAN Content
BREAKING PROPERTY NEWS – 07/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. As Greg Clark replaces Gove, what now for housing? Following Michael Gove’s very public sacking yesterday, Greg Clark has been announced as his replacement. Greg Clark has held a number of senior positions previously, so will be considered a safe pair of hands, circling…
Andrew Stanton
Cameron, May and now Johnson have sacked Michael Gove
Following on from the resignation of Housing Minister Stuart Andrew earlier on Wednesday we now see Gove leaving the building joining a current total of nearly 40 MPs tendering their resignations in the last 24 hours. Michael Gove, secretary (of state) for Housing, was sacked by Prime Minster Boris Johnson late Wednesday evening (June 6th)…
EAN Breaking News
BREAKING PROPERTY NEWS – 06/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Table of Contents Reset of market will be gradual as demand remains robust Housing Minister Stuart Anderson resigns, will Gove go too? Reset of market will be gradual as demand remains robust Interest rates have risen for the fifth time in succession as the…
Andrew Stanton
Summer sellers jump into action with property valuation requests highest since January
The number of prospective sellers contacting estate agents to have their home valued is at its highest level since January, typically the first step for a seller coming to market: 22nd June was the fourth highest ever day for home valuation requests, and the busiest day for home valuation requests since May 2021 The number…
Rightmove
BREAKING PROPERTY NEWS – 05/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Inflation Outpaces Home Price Growth PRESS RELEASE: The UK property market forges ahead seemingly undeterred by economic woes and foreign conflicts, according to Home.co.uk’s Asking Price Index for June. Demand remains high, even increasing in London and the North East. Stock levels remain very low by historic…
Andrew Stanton