Market kick starts with rise in visits, new listings and enquiries to agents on Rightmove

Rightmove logo
  • Visits to Rightmove were up 45% on Wednesday morning compared to the previous day following the government’s surprise announcement to reopen the housing market1
  • Email enquiries sent to agents rose by 70% now that physical viewings can again take place2
  • New listings are also starting to rise, with 2,115 new properties added in just five hours3

 

Early signs on Rightmove show a surge of home-mover activity now that the government has eased restrictions on moving home in England. Ahead of the announcement, activity was already starting to steadily recover, with yesterday (Tuesday 12th May) being the busiest day of lockdown for visits to Rightmove. The surprise announcement last night has ignited further interest.

 

Rightmove’s Housing Market Expert Miles Shipside commented: “These are clear signs that the news from the government has prompted more home-hunters to start looking for their next home, and we anticipate further uplift in activity once agents have time to adjust to the new social distancing guidance specific to the home moving sector. Home movers who have been eagerly waiting to take their home moving plans to the next stage should show some patience with agents given the unexpected announcement, to ensure there’s time to adapt to the new guidelines and ensure everyone is kept safe.”

 

Rightmove has created some guidelines on how to view property safely based on the government’s published guidance for home-movers, available at:

https://www.rightmove.co.uk/news/articles/property-news/how-to-view-property-safely/

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Breaking News

Homebuyers saving over £4,000 in SDLT despite increase

Homebuyers saving over £4,000 in stamp duty despite threshold increase, by opting for this particular property type The latest research from over-50s property specialists, Regency Living, reveals that homebuyers opting for a park home instead of a traditional bricks-and-mortar property are an average of £4,316 better off due to not having to pay Stamp Duty…
Read More
Breaking News

Industry reacts to latest Gov HousePrice Index

The latest index shows that: – The average monthly rate of house price growth in May rebounded to 1.1% following the -2.7% decline seen in between March and  April. The average annual rate of house price growth in May was up 3.9%. As a result, the average UK house price is now £269,000.   Colleen…
Read More
Cozy Pet Cat Tree Grey
Breaking News

Renter’s Rights Bill pet u-turn creates more questions than answers

The latest U-turn in the Renter’s Rights Bill (RRB) concerning pet ownership may temporarily protect landlords from the cost of pet-related damage, but it leaves major questions unanswered, warns Inventory Base, the UK’s leading property inspection platform. As confusion grows around whether the proposed pet deposit amendment will pass, the industry is left in limbo,…
Read More
Breaking News

Landlords See Higher Net Returns

Landlords See Higher Net Returns Despite Rising Start-Up Costs and Falling Buy-to-Let Incomes New research from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, reveals that, despite an increase in start-up costs and a reduction in total buy-to-let income, the average UK landlord has seen an improvement in net returns when…
Read More
Breaking News

London lettings market gains momentum in June

London lettings market buoyed by surge in supply and growing renter activity, Foxtons data shows   Heightened rental activity in June, with applicant registrations rising 21% month-on-month Supply surged to its strongest level in four years, with almost 45,000 new listings recorded in June, an 18% increase on May   Average weekly rent climbed 1%…
Read More
Breaking News

The Renters’ Rights Bill edges ever closer to becoming law

Changes to overhaul the private rented sector across England have been a long-held ambition from Labour and has paved the way for the planned introduction of the Renters’ Rights Bill. Over the last twelve months the legislation has been working its way through Westminster and has been subject to oversight and debate within the House…
Read More