First-time buyers could see huge tax hit under rumored Budget change Property First-time buyers could see huge tax hit under changes rumored to be included in the Autumn budget. It has been rumoured that Chancellor of the Exchequer Rachel Reeves will rule out any changes to stamp duty land tax in the Budget. Stamp duty land tax currently applies to homes costing over £250,000, but in March [...]
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results Property Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Average London rent on the rise as price outside the capital reaches record high Property The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.
Taylor Wimpey and Rightmove set to benefit from Labour housebuilding plans June 26, 2024 Firms including Taylor Wimpey and Rightmove are poised to benefit if Labour wins the general election on 4 July, according to a leading broker, as both main parties put homebuilding at the centre of their plans to tackle the UK's housing crisis.
Forget Rightmove, we need an Amazon for home buyers June 23, 2024 Rightmove has been the dominant force in property portals for almost two decades. Currently the 5th most shorted stock in FTSE by investors, it is the indisputable leader in its field. But the question on everyone’s lips is how much longer this will be the case? asks Babek Ismayli Disruptors have been seeking to dethrone [...]
The most profitable company on the FTSE 100? Rightmove. March 1, 2024 Rightmove has reported strong results for the full year 2023 after increasing customer engagement through digital offerings.
Rightmove swoops for reviews platform HomeViews in £8m deal February 1, 2024 Rightmove has acquired a platform that displays reviews of property developments by residents for £8m.
House prices make biggest January leap since 2020 amid mortgage price war January 15, 2024 House prices made their biggest month-on-month leap in December to January since the pandemic, rising by 1.3 per cent to £359k.
Priced out: London renters continue to look outside the capital for affordable housing January 11, 2024 The latest data from Rightmove shows some 45 per cent of Londoners enquired to leave the city last year, compared to 40 per cent in 2022.
Advertisers bump up spending on Rightmove despite ‘volatile’ housing market November 27, 2023 Advertisers are upping their spend in the battle for eyeballs on housing marketplace Rightmove.