Company Tag: Rightmove
Asking rents reach a record high across the country, but dip in London as supply balloons
Asking rents outside London have climbed by 3.4% in the last year, while the capital has seen a dip of 0.6% as rental stock piles up.
Stamp Duty holiday drives surge of interest in commuter belt properties
Rightmove has reported a dramatic increase in househunting activity at higher price brackets since the announcement of the SDLT holiday up to £500k.
Stamp Duty holiday drives instant property portal activity surge
Record levels of traffic and enquiries were recorded on the major property portals following the Chancellor's SDLT tax cut announcement.
Industry Reactions: Property sector welcomes Sunak’s Stamp Duty holiday
It'll come as no surprise that most estate agents and property developers are quite delighted with the temporary raising of the Stamp Duty threshold to £500k, as announced by the Chancellor in a "mini…
Ranked: England’s fastest & slowest-moving post-lockdown markets
"I can’t see there being a mass exodus from the capital but it does look set to be much more challenging for sellers of more expensive properties in zone 1 and parts of zone 2 who are looking to sell…
Rightmove reports record day for overseas home-hunting as travel restrictions are eased
Sunday 28th June was the first ever day that more than one million searches were performed on Rightmove Overseas.
Ranked: Britain’s most popular, most expensive & cheapest seaside locations
Sandbanks, Canford Cliffs and Salcombe are the priciest coastal enclaves, reports Rightmove, while Whitby and Whitley Bay are the most popular amongst househunters.
Property portals extend Coronavirus discounts
OnTheMarket and Rightmove are offering discounted prices for another two months. "It will also take time for agents to build a pipeline of vendors and new sales instructions," says Rightmove.
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
Agent enquiries have jumped by an average of 32% as Northern towns bounce back faster
Northern towns have seen the biggest surge in buyer demand since the property market re-opened, reports Rightmove.
The property market is showing ‘far more resilience than had been expected’
There's been "a strong initial bounce-back in all metrics" since the property market lockdown was lifted on 13th May, reports Rightmove - but 175,000 vendors are "missing the market".