Breaking News
Breaking Property News 22/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Sprift is leading the charge in proptech innovation – here is why? Recently I caught up with Matt Gilpin Founder of ‘mighty’ Sprift and I asked him to explain to me why over 6,000+ agents trust his brand so much, ‘It is simple, we ensure that real estate…
Andrew Stanton
Breaking Property News 21/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Considerations before deciding to rent property to tenants as a career Over the decades numerous people in my circle have become ‘accidental landlords’ either through moving in with a partner or through inheritance etc. Some have become Landlords in a more planned way as…
Andrew Stanton
Breaking Property New 20/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. How useful is Artificial Intelligence (AI) in mortgage lending? Darina Moliva from Ascendix, outlines how AI is transforming the mortgage industry. ‘In America according to Fannie Mae, 30% of lenders have already adopted or tried AI software. With this figure is expected to climb to 55%…
Andrew Stanton
Breaking Property News 19/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Tenant facing proptech adds new service layer for users tlyfe, the leading tenant app, is excited to announce the launch of its new Home Concierge service, powered by their partnership with Home.cc. Designed to provide renters with unparalleled support, this innovative feature offers real-time…
Andrew Stanton
Rightmove House Price Index 19th August 2024
Bank Rate cut spurs further upturn in market activity Average new seller asking prices see a seasonal drop of 1.5% (-£5,708) this month to £367,785. August has seen a monthly decline in prices from July for the last 18 years, with this month’s fall in line with the long-term average The first Bank of…
Rightmove
Breaking Property News 15/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Comprehensive analysis highlights shifts in estate agents’ performance KnowYourMarket, a leading mystery shopping and market research firm within the homeowner and home mover sector, has released its highly anticipated Benchmark Report for Q2 2024. The report offers an in-depth comparative analysis of key market…
Andrew Stanton
Breaking Property News 14/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. New innovative Plug-in to amplify business success by aggregating multiple review sources Every Estate and Letting agent relies upon reviews and testimonials to win new business, but having put in the hard work to get them, a large number of them go hidden. VerifyTrusted addressed this…
Andrew Stanton
Rightmove’s weekly mortgage tracker 14th August 2024
The lowest available 5-year fixed rate mortgage is now 3.83% (for 60% LTV), which is the lowest a five-year fixed rate has been since before the mini-Budget in September 2022. Headlines The average 5-year fixed mortgage rate is now 4.80%, down from 5.82% a year ago The average 2-year fixed mortgage rate is now 5.18%,…
Rightmove
ONS House Prices Index for August 2024
Average UK private rents increased by 8.6% in the 12 months to July 2024 (provisional estimate), unchanged from in the 12 months to June 2024. Average rents increased to £1,319 (8.6%) in England, £748 (7.9%) in Wales, and £965 (8.2%) in Scotland, in the 12 months to July 2024. In Northern Ireland, average rents increased…
EAN Breaking News
Downsizing could unlock half a million in cash for empty nesters
Homeowners of five-bed houses who own outright could downsize to a three-bed home, and make an average of £498,687 in cash before moving costs London sees the highest potential average cash return when downsizing, where movers could pocket £1,062,087 when moving from a five-bed to a three-bed house on average Movers in the North East…
Rightmove
Rent Controls Would Be a Disaster for Tenants
A third of private sector landlords would sell properties they let if rent controls were introduced, according to new research. The data, compiled by the research consultancy Pegasus Insight, finds that in the second quarter of the year 82 per cent of landlords in England and Wales reported strong demand for properties from tenants. Demand…
EAN Breaking News
Breaking Property News 13/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Over 600 agents streamline operations with virtual tours provided by trusted premier industry supplier The UK property market is experiencing a significant transformation, with estate agencies increasingly adopting virtual tour technology to streamline the sales process and reduce operational costs. Made Snappy 360, a leading…
Andrew Stanton
Breaking Property News – 12/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Over 150k additional homeowners have signed up for HM Land Registry scheme New figures obtained by Thirdfort, a client due diligence platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, show a 26% increase in the total number of homeowners who…
Andrew Stanton
Rightmove to sponsor prime-time ITV show The Voice UK
Rightmove, the UK’s largest property website, has today announced its headline sponsorship of ITV’s popular family entertainment show, The Voice UK. The sponsorship comes at the beginning of the busy Autumn selling season, with the new series of The Voice UK coming soon. The ITV programme is one of the most-loved family entertainment shows on…
Rightmove
Breaking Property News – 09/08/24
Daily bite-sized proptech and property news in partnership with Proptech-X. So Rightmove v OpenRent is over & worryingly quickly too. Thought Leadership by Mal McCallion – CEO of Modelprop ‘The first inkling that all was not well in this long-standing – and mutually-supportive – relationship between hashtag#Rightmove and hashtag#OpenRent was spotted by Nigel Lewis of hashtag#TheNegotiator. His exclusive…
Andrew Stanton