Opinion: The Private Rented Sector needs to be vibrant and consistent enough to cater for a wide range of needs September 28, 2016 There are currently 4.5m privately rented households in the UK – a number which is expected to grow to 6m over the next few years. Popular perception paints this growing band of tenants as millennials finding it difficult to get onto the housing ladder in big cities. But Your Move’s latest research into UK tenants [...]
Here’s how far house prices fell after the Brexit vote, according to the first data on property values since the referendum July 18, 2016 House prices fell by 0.9 per cent this month, equivalent to £2,647, according the first data showing how property prices have been impacted by the Brexit vote. Rightmove's report on the value of homes coming to market also found enquiries in the two weeks after the referendum were down by as much as 16 per cent compared to the same period [...]
This is how sterling’s unstoppable slide will affect UK house prices October 12, 2016 After a freak six per cent fall when markets opened in Asia last week, sterling is in free fall. The fall obviously has implications for people going abroad – but what about people here at home? We asked the experts what the flash crash will do to UK house prices. Read more: This is how the [...]
Opinion: Research shows that homebuyers are ready to embrace new technology – but estate agents aren’t keeping up September 1, 2016 Buying or selling a property can be a stressful and daunting process. Choosing the right estate agent, and utilising new digital tools, can make all the difference – not only to the price but also to the overall experience. Dezrez recently conducted research to explore the attitudes, perceptions and expectations that UK home buyers have [...]
This is what will happen to house prices in 2017 December 14, 2016 How will the UK's favourite asset fare in 2017? It's safe to say that the Brexit vote has not caused the immediate and catastrophic housing crash that former chancellor George Osborne was predicting before the referendum. But the outlook for property next year is not particularly rosy. Liberum analysts are expecting house prices to fall [...]
easyProperty lands biggest ever property deal for an online estate agent September 23, 2016 EasyProperty has landed the biggest ever property deal conducted by an online agent, acting for a private family trust. The property portal sold a £35m property portfolio that comprised 208 properties across east London and Essex; 114 of the assets were residential, 94 were commercial. Contracts between the parties were exchanged seven days after the off-market [...]
Rightmove sees off threat from OnTheMarket.com as it increases market share November 11, 2015 More proof Rightmove is rising above estate agent bickering, after research by analysts Liberum found it's grabbed market share from new rival OnTheMarket.com. It was feared the property portal would be hit by the launch of OnTheMarket in January. One of the conditions of listing on the site, an estate agent-owned mutual designed to increase competition among [...]
Sellers are shifting their housing stock in record time despite Brexit worries June 20, 2016 The time it takes to sell a house has hit a record low, as Britain's housing market continues to prove its resilience despite the backdrop of the EU referendum. The uncertainty of the outcome of the vote doesn't seem to have deterred buyers; property website Rightmove said today sellers only have to wait an average of [...]
Number of mortgage approvals down by over a fifth in August September 26, 2016 House purchase approvals dropped by more than a fifth in August, according to figures from the BBA. The number of approvals was down by 21 per cent as compared to August 2012. In the first eight months of this year, approvals were two per cent lower than in the same period of 2015. Read more: [...]
Rents rising faster outside London than in the capital – Rightmove October 9, 2015 Rents are rising faster outside of London than in the capital, according to a new report out today. Rightmove, the property website, said that rents have risen 1.3 per cent in the rest of the country, compared to 0.2 per cent in London, in the last three months. Rightmove also said that the so-called affordability [...]