Breaking News
Record rents but tenant affordability ceiling leads to lowest growth since 2019
Average advertised rents outside of London rise to a new record of £1,280 per calendar month (pcm). However, this quarter’s jump of 0.2% is the smallest since 2019 as the pace of rent growth slows: Advertised rents are now 9.2% higher than last year – the lowest annual growth in rents since 2021 London rents…
Rightmove
February revealed as the best month to list a home for sale
February is the best month to list a home on average, with homes listed in the month typically finding a buyer the quickest, as well as being most likely to be marked sold subject to contract The data reveals that March is also historically a strong month for sellers to get their home on the…
Rightmove
Breaking Property News – 24/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. UK real estate debt investing set to boom as a new government can address planning issues and boost construction Industry Analysis by Daniel Austin, CEO and co-founder at ASK Partners ‘Whilst buy-to-let investors are benefitting from double digit increases in rents across the UK, the cost of…
Andrew Stanton
After a VAR check it appears one lender jumped the gun slightly with its rate cuts, needing a slight correction – Rightmove’s weekly mortgage tracker
Matt Smith, Rightmove’s mortgage expert said: “Some conflicting rate trends reported this morning shows that lenders are treading a fine line between offering some of the most competitive rates in many months and being caught offside by swap rate changes. Lender margins remain tight, and indeed after a VAR check it appears one lender jumped the…
Rightmove
Breaking Property News – 23/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Leaders Romans Group acquires Stirling Ackroyd and Alexander & Co, marking LRG’s first acquisitions of 2024 Press Release – January 23, 2024 Leaders Romans Group (LRG) has acquired Stirling Ackroyd, Alexander & Co and Peter Ball, residential sales, lettings and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire. The acquisition of…
Andrew Stanton
Breaking Property News – 22/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sprift reveals solution to Material Information headache for agents Following the long-anticipated release of the specification for Material Information parts B and C at the end of November by NTSELAT, property data specialists Sprift have unveiled their solution to the challenge agents are now facing…
Andrew Stanton
Why A Loft Conversion Can Pip An Extension For Value
Space in our property is often at a premium and property expansion options can be limited by various factors. So we frequently face the dilemma of choosing between a loft conversion or a house extension. Lets look at the advantages of opting for a loft conversion, and I think I’ll present a compelling case for…
EAN Content
Breaking Property News – 19/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. HqO acquires Symbiosy, a smart office solution developed by HB Reavis HqO further scales people-centric product portfolio and continues rapid global expansion Some years ago I was fortunate enough to attend a pitch event given by HB Reavis at their London HQ, which led…
Andrew Stanton
Breaking Property News – 18/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. How long do people live in their houses in England and Scotland? By analysing historic property ownership data from HM Land Registry from the past 20-years, Online Mortgage Advisor has discovered that London is the region in England and Scotland where homeowners hold on to their properties for…
Andrew Stanton
Breaking Property News – 17/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Material Information in Property Listings: Parts A, B and C explained by Inventorybase Inventorybase understanding the huge importance of the recent guidance issued by the National Trading Standards’ Estate and Letting Agency Team in Q4 last year. Outlines the long-awaited updates to material information, specifying…
Andrew Stanton
Breaking Property News – 16/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Top Proptech Trends in 2024 – by Wes Snow CEO of Ascendix Wes Snow CEO of Ascendix, ‘As we step into 2024, the proptech arena remains dynamic and full of transformative potential, and AI and machine learning aren’t the only trends driving progress. So let’s look…
Andrew Stanton
Breaking Property News – 15/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. HqO acquires Symbiosy, a smart office solution developed by HB Reavis, to its portfolio to transform real estate experience HqO further scales people-centric product portfolio and continues rapid global expansion Some years ago I was fortunate enough to attend a pitch event given by…
Andrew Stanton
Rightmove House Price Index: Tentatively promising new year start as buyer and seller activity jump
Average new seller asking prices rise by 1.3% (+£4,571) month-on-month to £359,748, the biggest December to January increase in prices since 2020, though average prices are still 0.7% lower than at this time last year There has been some tentatively promising activity in the first week of the year, markedly stronger than a year ago,…
Rightmove
Safeseal Benefits: AFM Safe Seal Overview
Ever wondered how to keep your belongings and stuff safe and secure without any hassle? Imagine a world where you can protect your valuables effortlessly. What if there was a simple solution that could provide peace of mind in an instant? Introducing Safeseal – the ultimate security companion for all your product needs. With Safeseal…
EAN Content
Weekly News Roundup – 12/01/24
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Adam Pigott of tlyfe says rentals are let on average just nine days after listing, so tenants need to be Rent Ready Adam Pigott CEO of Openbrix/tlyfe gives his thoughts on the current rental market and why tenants should up…
Andrew Stanton