Rightmove comment on Base Rate hold
The Bank of England holds interest rates at 5.25% despite hopes of a cut after a majority decision of 7-2 at its Monetary Policy Committee voted in favour of keeping the status quo at a meeting yesterday. Homeowners hoping for a drop in their mortgage repayments will be disappointed by the Bank of England’s decision…
Rightmove
Victorian homes reign as most sought-after period property style
The allure of Victorian architecture continues to captivate homebuyers, as new data from Rightmove, the UK’s number one property website, unveils that Victorian homes are the most searched for period property style. Rightmove’s Keyword Sort tool highlights the wider popularity of historic and unique properties, with ‘character’ and ‘period’ ranking in the top twenty most…
Rightmove
Breaking Property News – 09/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Table of Contents Bank rate maintained at 5.25% – May 2024 OnTheMarket lists more New Homes Bank rate maintained at 5.25% – May 2024 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a…
Andrew Stanton
Headlines The average 5-year fixed mortgage rate is now 5.02%, up from 4.56% a year ago The average 2-year fixed mortgage rate is now 5.41%, up from 4.84% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.93%, up from 4.52% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.52%, up from 4.23% a year ago The average monthly mortgage payment on…
Rightmove
Breaking Property News – 08/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Zoopla to spend more on marketing Zoopla, property website, has launched a new eight-week marketing campaign on bank holiday Monday to support agents during the key moving months of May and June. The campaign, which follows a 41% increase in Zoopla’s marketing spend for 2024,…
Andrew Stanton
Breaking Property News – 07/05/24
Daily bite-sized proptech and property news in partnership with Proptech-X. CoreLogic U.K., a wholly owned subsidiary of CoreLogic® completes acquisition of Parity Projects Limited PRESS RELEASE MAY 2024 CoreLogic U.K., a wholly owned subsidiary of CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced the completion of its acquisition of Parity Projects Limited,…
Andrew Stanton
Real Estate Lawyers: Who They Are and What They Do?
When you want to purchase or sell a property, the best course of action would be to seek help from professionals. Real estate transactions usually involve huge sums of cash, so the legal protocols are there to ensure your security and prevent you from falling victim to fraud. Hiring a real estate attorney is essential,…
EAN Content
Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry
The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
EAN Content
Are you considering moving to the UK, perhaps you are relocating for work or returning after some time as an expat elsewhere. Whatever the reason, to help you begin your journey smoothly, we have compiled all the relevant information on how to relocate to the UK. This guide to moving to the UK will cover…
EAN Content
Half of Renters Don’t Know Where to Turn When Something Goes Wrong
Results come as TDS Charitable Foundation develops new service to support tenants to uphold their rights. HALF of all private renters would not know where to turn to if a landlord or letting agent failed to address a problem in a property. That’s according to interim results from a new representative survey of over 2,000…
EAN Content
Liverpool’s Real Estate Market: What You Need to Know
Liverpool’s real estate sector presents a dynamic environment for investors, homebuyers, and tenants alike. As the city continues to expand and develop, understanding the nuances of this market is crucial for anyone looking to engage with property in the area. This article provides a comprehensive look at the current trends, investment opportunities, and potential challenges…
EAN Content
Identifying Common Structural Issues in Balconies
Living in a city like Sydney, where a breathtaking view of the cityscape and ocean can be the crowning jewel of your property, it’s no surprise that balconies are key features sought after by homeowners. However, over time, these aesthetically pleasing elements can become a structural nightmare due to a range of issues that compromise…
EAN Content