Posts Tagged ‘rightmove’
First week of housing market reopening in England – the stats so far
First week in the rental market DEMAND Demand for rental property is up 33% compared to this time last year as the market reopens and renters jump into action, with Monday 18th May seeing the highest level of rental demand ever recorded in one day on Rightmove STOCK & LET AGREED …
Read MoreThe deposit gap: First-time buyers need additional £12,000 for 15% deposit
As the housing market reopens in England new analysis by Rightmove shows the average first-time buyer 10% deposit is currently £24,189, jumping to £36,284 if a 15% deposit is needed The current average asking price of a typical first-time buyer property in England is £241,891, which is 2% higher than this time last year. There…
Read MoreMarket kick starts with rise in visits, new listings and enquiries to agents on Rightmove
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…
Read More‘OnTheMarket is now producing more lettings leads than Rightmove’, says estate agency CEO
The CEO of a large estate agency says OnTheMarket is now providing more lettings leads to his firm than Rightmove. Rob Sargent, CEO of the Acorn Group which has 35 offices across South East London and Kent, said he was pleased when he received the latest portal statistics. “I was delighted when I…
Read MoreAverage asking rents outside London have hit over £800 per month for first time according to Rightmove
Latest Rightmove Rental Price Tracker Q3 2018 report headlines ‘Drop in available rental properties pushes asking rents to record high’. The report reveals that average asking rents outside London have hit over £800 per month for the first time, fuelled by fewer available rental properties for prospective tenants to choose from. Rightmove states that in…
Read MoreThe million pound plus market is most active in Cambridge reveals Rightmove
New analysis by the UK’s number one property website Rightmove reveals that the million pound plus market is most active in Cambridge, with homes on the market for £1 million or more selling twice as fast as the national average. The national average time to agree a sale to a buyer in this price bracket…
Read MoreAsking prices hit all-time high but number of sales agreed are down according to Rightmove
The latest House Price Index May 2018 from Rightmove reveals that the asking price of property coming to the market has hit a new national record with a monthly increase of 0.8% (+£2,343) pushing the average up to £308,075. Seven out of 11 regions have hit new price records this month. Record visits to Rightmove…
Read MorePrices hit record highs in first-time and second-stepper sectors
Average asking price of newly-marketed property jumps by 1.5% (+£4,503) this month as strong demand from home movers in the first two months of the year now feeds through to stronger upwards price pressure: First-time and second-stepper sectors hit all-time price highs of £189,840 and £272,031 Overall average prices also hit new record in…
Read MoreRightmove confirm customer numbers increased to a record high of nearly 20,500
Rightmove PLC today released their Final Results in which they revealed that revenue was up 11% year on year with growth driven by their Agency and New Homes businesses with record customer numbers, up 2% to 20,427 In the operational section they highlighted that: 1 million UK residential properties advertised on Rightmove which is a…
Read MoreRents increase at lowest rate since 2014 according to Rightmove
The latest Rental Price Tracker report from Rightmove for Q4 2017 headlines ‘Pace of annual rent rises now lowest since 2014’. New data from Rightmove shows the average asking rent across the UK, excluding London, increased by 0.7% in 2017, the lowest rate of growth since 2014. Rental growth in 2017 was significantly lower than…
Read MoreRightmove experiments with ‘Rent London’ Facebook Messenger bot and iOS app
Rightmove is testing out new ways for home hunters to interact when searching for a home to rent. An experimental Facebook Messenger bot has been created for people searching in London for a place to rent, and is available to anyone by searching for ‘Rent London’ within Facebook Messenger. Using Messenger’s conversational style interface, renters…
Read MoreRevenue up, Profits up and Advertisers at all time high reports Rightmove
Rightmove today releases half year results for the six months ended 30 June 2017. Rightmove, the UK’s number one property site, has delivered another strong period of growth in the six months ended 30 June 2017. Revenue increased by 11% to £119.5m with underlying operating profit up 11% to £91.0m and operating profit up 9%…
Read MorePlethora of sold boards restricts choice as buyer demand remains strong
Newly-marketed property prices at virtual standstill, up by 0.1% (+£312) as we enter quieter holiday season Fundamentals remain good mid-year with robust demand, low interest rates and low unemployment: Sales agreed numbers remain strong year-to-date in 2017, almost identical to 2016 Prospective buyers in many parts of the country are seeing the highest proportion…
Read MoreThe Secret to Increasing Your Online Lead Response Rate
This is the single most important reasons why your expensive online leads don’t convert as well as you expect them to
Read MoreAsking rents hold up despite 7% uplift in available supply
Asking rents outside London rose 2.8% in the second quarter of 2017, in line with the 2.7% average seen over the past five years at this time of year More choice for tenants: Number of available properties on the rental market outside London 7% higher than this time last year, and up 8% in…
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