Breaking News
Record number of home valuation requests in January
· A record number of future sellers contacted an estate agent to get their home valued in January · The number of people requesting a home valuation by an estate agent was 23% higher in January than the previous record of January 2023, and 27% higher than third place July 2020 · It’s been a…
Rightmove
Breaking Property News – 06/02/24
Daily bite-sized proptech and property news in partnership with Proptech-X. It is just three weeks to the Proptech event of the year, the second annual London Proptech Show (Feb 27-28) at ExCeL London. And the best part is that the event is free to attend, and registration booking is now open. For exclusive insights,…
Andrew Stanton
Breaking Property News – 05/02/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Ascendix – Traditional property search and what’s wrong with it? I have spent every day for the past seven-years pushing for the digital transformation of real estate, digitising analogue legacy systems, so it is great to see Ascendix shining a spotlight on all…
Andrew Stanton
Breaking Property News – 02/02/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Proptech MYNE – Managed Co-Ownership platform expands into Sweden The Berlin-based company MYNE is further strengthening its position as the European leader in Managed Co-Ownership of high-quality vacation properties. Following its success in Germany, Austria, Italy, Spain and France, the company, founded in 2021, is now…
Andrew Stanton
Breaking Property News – 01/02/24
Daily bite-sized proptech and property news in partnership with Proptech-X. RIGHTMOVE PLC – Acquisition of HomeViews Platform Limited Press Release – ‘Rightmove plc, the UK’s largest property portal, today announces the acquisition of HomeViews Platform Limited (“HomeViews”) for a cash consideration of £8 million. HomeViews is the UK’s biggest community of verified resident reviews of property developments,…
Andrew Stanton
Rightmove reaction to Bank of England Base Rate hold
Matt Smith, Rightmove’s mortgage expert said: “As painful as rate rises have been for many people, there are increasing signs that Base Rate rises are having a real impact on the economy, and inflation is heading in the right direction. Another hold in the Base Rate today also shows that the Bank will also be cautious…
Rightmove
Breaking Property News – 31/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Brown Rudnick – four lawyers have been elected to the firm’s partnership, effective 1st of February 2024 The newly promoted partners are Tristan Dollie (Pictured), Kyle Dorso, Samuel Moniz and Blair Rinne. “We are thrilled to welcome this group of highly talented lawyers into our partnership. Our new partners embody the best…
Andrew Stanton
Breaking Property News – 30/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. roofer.com raises £5.9M seed round – Seeking to modernise roofing For complete transparency Roofer.com are not a client of Proptech-PR my consultancy company, but I did have a recent meeting with Nate Smoyer where we went through what Roofer did as a service, so…
Andrew Stanton
Breaking Property News – 29/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Proptech MYNE – Managed Co-Ownership platform expands into Sweden Berlin|Stockholm, January 2024 – The Berlin-based company MYNE is further strengthening its position as the European leader in Managed Co-Ownership of high-quality vacation properties. Following its success in Germany, Austria, Italy, Spain and France, the company, founded in…
Andrew Stanton
Breaking Property News – 26/01/24
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
Breaking Property News – 25/01/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Optimising property listings for search engines will help agents cut through the noise While estate agency will always be a people business, the importance of an online presence and visibility in today’s digital era cannot be denied. Many people will start their search for…
Andrew Stanton
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