Breaking News
Breaking Property News – 09/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Proptech Bimsense raises further £750k from NPIF to help building owners meet new safety rules A proptech business that helps owners of high-rise buildings to meet strict new safety rules has raised a further £750,000 from NPIF – Mercia Equity Finance, which is managed…
Andrew Stanton
Breaking Property News – 08/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. PriceHubble acquires Urbanease, pursuing its ambitious growth plan in France and Europe PriceHubble, a leader in performance data solutions for real estate and finance, announces the acquisition of French company Urbanease, a leader in land sourcing and urban planning data solutions, highly complementary to…
Andrew Stanton
Robin Williams San Francisco Home
Robin Williams’ longtime San Francisco home with views of the Golden Gate Bridge, the Pacific Ocean, and San Francisco Bay has been listed by his former wife for $25 million. Beloved funnyman Robin Williams got his start with a scholarship to the Julliard School, where he pursued an unconventional style and amazed his teachers with…
EAN Content
Breaking Property News – 07/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. CoStar Group acquiring OnTheMarket is not the prime reason Rightmove may be in trouble Though the deal is not yet done it would seem that CoStar Group is intent on acquiring OnTheMarket and replicating its Apartments.com and Homes.com portal play, by quickly supersizing existing lower ranked property…
Andrew Stanton
Breaking Property News – 06/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. 4Sale – Kuwait’s classifieds platform launches online Real Estate Brokerage ‘4Sale Realty’ Premium digital experience is looking to shake up Kuwait’s $12 billion real estate market, offering commercial and residential property for anyone to buy, rent, and sell effortlessly in Kuwait PRESS RELEASE Kuwait City,…
Andrew Stanton
Bad Credit Mortgages: Checking Credit Before Applying
Are you considering a bad credit mortgage? Before applying, it’s important to check your credit rating. There are a few ways you can go about checking credit before applying. One way is to use a credit score monitoring service. These services provide periodic updates on your credit score and can help you find out if…
EAN Content
Construction performance decline persists
Work starting on-site declined 8% during the three months to October, remaining 10% below 2024 levels. Residential construction starts declined 7% during the Index period, falling 9% against last year. Non-residential project starts finished 10% down on a year ago, standing 11% lower than the preceding three months. Civils work starting on-site increased 2% against…
EAN Breaking News
US investment boom could lift London house prices by £31,000 over the next two years
The latest data insight from Enness Global has revealed that record-breaking levels of US investment into the UK could help revive London’s weary property market, boosting average house prices by as much as £31,000 over the next two years – £17,000 more than current forecasts predict. £150bn US capital influx poised to revitalise London’s property…
EAN Breaking News
Breaking Property News – 03/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Radius Agent raises £10.68M to help American Real Estate agents become Brokerage Owners Presently the company helps more than 85,000 agents save 6-8 hours per transaction and earn £20.5B in referrals. Press Release 02/11/2023 San Francisco, CA – Radius Agent, a US based agent-centric real estate company,…
Andrew Stanton
Single first-time buyers unable to afford 75% of homes using mortgage guarantee scheme
New analysis using the latest earnings data from ONS shows single first-time buyers on the average salary could not afford to use the government’s 95% mortgage guarantee scheme on three quarters of properties in the typical first-time buyer market In London, a single first-time buyer on an average London salary could afford only 2% of…
Rightmove
Breaking Property News – 02/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. Property sales drop by 17% and other key indicators show a declining marketplace Against the same three-month period last year the number of properties that completed in the UK dropped by 17%, analysis from HMRC reveals. This alone would be cause for concern, but…
Andrew Stanton
Breaking Property News – 01/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X. tlyfe tenant App proves to be winning combination for tenants and letting agents Full disclosure – I have in my role as a consultant to Proptech Founders been involved with Adam Pigott CEO of Openbrix/tlyfe and the rest of his team for some years. At…
Andrew Stanton
Lowest 85% mortgage rate drops below 5% for the first time since June
Headline stats The average 5-year fixed mortgage rate is now 5.36%, down from 5.97% a year ago The average 2-year fixed mortgage rate is now 5.81%, down from 6.22% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.44%, down from 6.00% a year ago The average 60% LTV 5-year…
Rightmove
Rightmove’s weekly mortgage tracker 01/11/23
Headline stats The average 5-year fixed mortgage rate is now 5.38%, down from 6.02% a year ago The average 2-year fixed mortgage rate is now 5.84%, down from 6.24% a year ago The average 85% LTV 5-year fixed mortgage rate is now 5.48%, down from 6.01% a year ago The average 60% LTV 5-year fixed…
Rightmove
Breaking Property News – 31/10/2023 – Happy Halloween
Daily bite-sized proptech and property news in partnership with Proptech-X. Bank of England decides on 2nd of November what happens to lending rates After moving upwards 14-times, the Bank of England failed to increase the base rate when it last met in Sptember 2023, but will this Thursday see rates, rise, stay the same…
Andrew Stanton