Breaking News
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
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