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

May 14, 2020
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

labour party scam mansion tax
Breaking News

Labour to enforce entry to your home for Property Mansion Tax?

As Labour take a tighter control on UK citizens and further explore taxes to impose – The latest trending topic discussed is the suggestion that they wish to send officials out to homes they serve in order to value and impose the mansion tax. If the group of unprofessional leaders in charge couldn’t slip any…
Read More →
small house bird box
Breaking News

Public Sentiment Favours Social Infrastructure Over Housing Resistance

Britain is more YIMBY than NIMBY, as social housing tops consumers’ housing policy priorities   More than two in five UK adults support new homes being built within three miles of where they live (43 per cent), nearly twice the proportion who oppose local development (22 per cent) Building social or affordable housing is the…
Read More →
Breaking News

Homebuyers are Prioritising Wi-Fi Over Good Schools

One in four Brits would reject a home over potential slow broadband Almost half (45%) of recent and prospective home movers rank broadband among their considerations when choosing a home, much more so than local schools (26%) Over 1 in 3 (37%) don’t feel settled into a new home until their Wi-Fi is working. Of…
Read More →
Letting Agent Talk

Landlord returns reach almost 7% in some areas

Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them   The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More →
Letting Agent Talk

Portfolio landlords now control almost half of England’s private rentals

A changing landlord landscape is being shaped by wealth creation, lifestyle flexibility and a more professional approach to property investment. A new generation of investors are entering the market driven by long-term wealth creation, lifestyle flexibility and a more business-minded approach to property ownership, according to John Minnis estate agents. While the latest English Private…
Read More →
Rightmove logo
Breaking News

Commuter growth peaks in the north as Manchester and Glasgow lead the way

New analysis from the UK’s largest property platform Rightmove, reveals the commuter hotspots around six major cities where average asking prices are rising the fastest Affordable commuter locations around Glasgow and Manchester lead house price growth Falkirk, Stirlingshire, has the highest price growth at +13.5%, with an average asking price of £183,596 While asking prices…
Read More →