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Rightmove’s weekly mortgage tracker 4th September 2024
The lowest available 5-year fixed rate mortgage is now 3.77% (for 60% LTV), which is the lowest a five-year fixed rate has been since before the mini-Budget in September 2022. Other key points this week include the average 5-year fixed mortgage being a full 1.0% lower than last year, and the average 60% 5-year rate…
Rightmove
Breaking Property News 04/09/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Property Technology in the UK: Trends, Growth, and Challenges Proptech, (Property Technology), having exploded in the UK in 2017 with 60% of new startups in the sector clambering to be the next big thing – is seven years on now maturing. All the hype…
Andrew Stanton
Breaking Property News 03/09/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Can you further monetise Rightmove without alienating your agent clients? Rightmove faces the same existential problem that all portals face, they are a digital advertising billboard, but the second a portal wants to maximise its profits and offer property services it robs its clients…
Andrew Stanton
Breaking Property News 02/09/24
Daily bite-sized proptech and property news in partnership with Proptech-X. The Australian based REA Group announces its intention to acquire UK’s Rightmove Rightmove whose fortunes have been in the doldrums, as they failed to re-invent themselves, instead just inflating the annual cost of agency licences, has been thrown a lifeline in the shape of…
Andrew Stanton
First-time buyer mortgage payments nearly £150 lower than peak
The latest data from Rightmove’s weekly mortgage tracker highlights that the average first-time buyer monthly mortgage payment is nearly £150 lower than the peak in July 2023, as mortgage rates decrease: The average monthly mortgage payment for a typical first-time buyer is now £949, compared with £1,096 at the mortgage rate peak in July 2023…
Rightmove
Breaking Property News 29/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. More sponsors for The Guild and Agents Giving Golf event at the Belfry Golf Resort Warwickshire The ESTAS was recently announced as headline sponsor for the highly anticipated Golf and Spa Day, taking place after the iconic Rolex British Masters. Joining the esteemed list…
Andrew Stanton
Jeremy Clarkson’s pub brings spike in searches for Burford
New analysis shows that the opening of Jeremy Clarkson’s new pub ‘The Farmer’s Dog’ has brought a spike in searches for nearby Burford on Rightmove, as people are inspired to look at homes for sale nearby The 24th of August, the day after the pub’s opening, saw the highest number of searches for homes…
Rightmove
Zoopla House Price Index: August 2024
House prices rise across the UK as London veers into positive territory. But homeowners looking to sell must be wary of overpricing. Key takeaways Over the first 7 months of 2024, house prices have risen by 1.4%. All areas of market activity are up year-on-year – the long-awaited base rate cut has not had a…
EAN Breaking News
Breaking Property News 28/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Is it right to offer cash prizes and free accommodation to students who apply through clearing? Co-founder of Roome – Owen Redman (pictured) in the wake of the current squeeze on finances, both for students and Universities has spoken out on what he sees as exploitation of undergraduates,…
Andrew Stanton
Rightmove launches autumn marketing campaign
The new national marketing campaign aims to capture the attention of home-movers considering their next move this autumn It follows on from the recent announcement of the brand’s sponsorship of The Voice UK and features new creative, showcasing the variety of homes available on the UK’s largest property portal Rightmove, the UK’s largest…
Rightmove
Zoopla HPI: House prices rise just 1.4% so far in 2024
Zoopla HPI: House prices rise just 1.4% so far in 2024, but over-pricing your home means it will take more than twice as long to sell warns Zoopla This month, the HPI reveals that the UK has seen an increase in buyer demand (+20%) and sales agreed (+23%) YoY, as house prices rise by 1.4%…
EAN Breaking News
Breaking Property News 27/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. October 27th/28th 2024 – The Global PropTech Summit, will be held in Riyadh, Saudi Arabia. A landmark event aimed at merging the realms of technology and real estate to shape the future of the industry. As part of Saudi Vision 2030, this initiative supports innovation, technological…
Andrew Stanton
Breaking Property News 26/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. CEO Andrew Stanton gives advice for proptech start ups and scale ups Often I am asked what it is that I do as CEO of Proptech-PR ‘A consultancy for proptech founders’, well part of it is giving founders insights and strategies for building successful proptech businesses. As a…
Andrew Stanton
Energy price cap increase could raise bills by £558 for least energy-efficient homes
The energy price cap will rise by 10%, taking effect from 1st October: For a home with the highest rated A Energy Performance Certificate, this means average annual bills could rise by £56, compared with the lowest rated G homes, would could rise by an average of £558 As the regulator considers the future…
Rightmove
Rightmove’s weekly mortgage tracker 22nd August 2024
Headlines The average 5-year fixed mortgage rate is now 4.76%, down from 5.69% a year ago The average 2-year fixed mortgage rate is now 5.12%, down from 6.31% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.82%, down from 5.71% a year ago The average 60% LTV 5-year fixed…
Rightmove