Breaking News
Rightmove’s weekly mortgage tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.61% -0.02% -0.80% 5-year fixed 4.59% -0.01% -0.42% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage rates for…
Rightmove
Spotahome Bags €5 Million to Grow Its Game-Changing Rental Platform
You’ve just landed a new job in Berlin. Exciting, right? Except now you’re stuck halfway across the world, scrolling through sketchy listings, trying to rent an apartment you’ve never seen from someone you don’t trust. It’s stressful, confusing, and, honestly, pretty common. That’s the exact problem Spotahome was built to solve, and they’ve just raised…
EAN Content
Increase in US buyers enquiring about homes for sale in UK
New analysis shows an increasing number of people from the United States have been enquiring about homes for sale in the UK since the start of the year: There’s been an 19% increase in enquiries from the US to the UK compared to last year, and the highest number since 2017 The majority (47%) of…
Rightmove
Appropriate rental homes disproportionate to growing number of older renters
Disabled and older renters in the UK’s Private Rented Sector face significant challenges finding and accessing suitable accommodation, says the industry body. Propertymark, the leading professional body for estate and letting agents, has highlighted an increasing concern in the private rented sector as the disparity in bungalows available to rent impacts the growing number of…
EAN Breaking News
Mortgage arrears and possessions Q1 2025
UK Finance today releases its latest mortgage arrears and possessions data for Q1 2025, while highlighting continuing lender support for any customers facing financial difficulty. Key information: The number of homeowner mortgages in arrears fell by two per cent in Q1 2025 compared to the previous quarter. The number of buy-to-let (BTL) mortgages in arrears…
EAN Breaking News
Rightmove launches next phase of marketing campaign
Rightmove, the UK’s largest property platform, launches next phase of its brand advertising campaign, ‘If they can find it, so can you.’ The multi-channel campaign will appear in prime-time TV slots, and across digital, social, and outdoor advertising, to help drive people to agents’ brands and properties on Rightmove. ‘If they can find it, so…
Rightmove
Zoopla identifies the garage demand hotspots in the UK
London Borough of Barking and Dagenham tops UK demand for homes with garages, with asking prices £129,000 more than the average asking price of a typical home in the area Garages remain a highly desired feature for homebuyers across the nation, with the feature ranked as the second most searched for keyword for two years…
EAN Content
New Sanction Rules for Letting Agents
Letting agency businesses across the UK need to work to a new sanctions reporting framework from today, 14 May 2025, and Propertymark has stressed that it is vital that every agent understands the rules and adjusts working practices and systems accordingly. Under the Sanctions and Anti-Money Laundering Act 2018, the UK Government introduced a new…
EAN Breaking News
Rightmove & Nationwide launch global-first property lending check
The UK’s largest property platform Rightmove, & the UK’s largest Building Society Nationwide have launched a global-first real-time digital feature, which helps potential home-buyers understand if a specific property they want to view is likely to be eligible for mortgage lending. With the new digital ‘property lending check’, homebuyers can for the first time receive…
Rightmove
Slight rise in house prices as market maintains strength
Halifax House Price Index • House prices increased by +0.3% in April vs -0.5% in March • Average property price now £297,781 compared to £296,899 in previous month • Annual rate of growth at +3.2% up from +2.9% in March • House prices remarkably stable over last six months, down by just £48 • Northern…
EAN Breaking News
Industry Reacts to Bank Rate Cut
Nathan Emerson, CEO of Propertymark: “Today’s news will no doubt be extremely welcome for many, especially given current economic uncertainties. International bodies have recently stated they expect interest rates to fall in the UK as the year progresses. Overall, we hope to see interest rates further continue their downward trajectory over the course of 2025. …
EAN Breaking News
Rightmove reaction to Bank Rate cut
Matt Smith, Rightmove’s mortgage expert says: “The much-anticipated second rate cut of the year has arrived, and with some lenders having taken their time to pass on the benefits of the expected Bank Rate cut, I think we may now see further reductions in the coming days and weeks. A fresh round of mortgage rate…
Rightmove
Zoopla crowns Glenrothes the most popular affordable town for families as one in three fear being priced out of their ideal area
New Zoopla research pinpoints Glenrothes in Scotland, with an average three-bedroom home value of £136,900, as the most attractive option for families seeking affordability All of the towns in the top ten are located in Scotland and Wales, apart from Dartford and Swanley in the South East Three-bed homes in the most popular affordable towns…
EAN Breaking News
UK government admits almost no evidence nature protections block development
Environmental lawyer says it’s deeply frustrating that the Government is pushing major changes to conservation law without supporting data or research Whitehall analysis provides no data or research to support the government argument that environmental legislation holds up building. Ministers say the new bill will speed up housing developments and large infrastructure projects by allowing…
EAN Breaking News
Homeowners making over-payments worth £2,647 per year to reduce mortgage term
Pace of mortgage and rent spending growth slows in April Rent and mortgage spending increased by 5.2 per cent year-on-year in April, down slightly from 5.4 per cent in March, amidst widespread rate reductions from lenders One in four mortgage holders are making loan overpayments, averaging £221 extra per month Council tax hike for second…
EAN Breaking News