Tag: Rightmove
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House Prices Dip but Could an Autumn Boom Be on the Cards?
The average asking price for a property in the UK has dropped slightly this month, with experts predicting an uptick in the autumn. The average price for a property coming onto the market is now £373,493, a drop of 0.4% or £1,617 compared to June, Rightmove reports. This is being put down to sellers trying…
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Rents Rise to Record Levels
The average advertised rent outside London is now £1,314 per month – that’s a 7% increase from last year! London rents are also at a record high, with an average of £2,661 per month, according to Rightmove. While the rate of increase has slowed down from the peak of 16% in 2022, these figures are…
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Mortgage Rate War Sees Costs Tumble for Homeowners!
Good news for buyers and sellers – mortgage rates have plummeted, with some of the fastest drops in recent memory! Rightmove’s latest figures reveal some big wins for anyone looking to buy a home or remortgage, with experts predicting even further drops in the near future. What’s Happening to Mortgage Rates? This means potential savings…
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Rents Hit New Highs – But Is It Sustainable?
The UK rental market is hotter than ever, with landlords enjoying record-high rents and a seemingly insatiable demand from tenants. But could this be a bubble waiting to burst? London Leads the Charge The average asking rent in London has reached £2,661 per month, a 4% increase compared to last year. Outside the capital, rents…
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More Landlords Needed Says Rightmove
The latest figures from Rightmove show that average advertised rents outside London have hit a record high of £1,314 per month, an impressive 7% increase from last year. In London, rents have also surged to a new record of £2,661, a 4% jump from last year. Demand is Still Sky High While rent inflation has…
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House Hunters Rush to Bag a Bargain as Sales Rise 15%
Good news for sellers as Rightmove data reveals a surge in agreed house sales, fuelled by hopes of interest rate cuts. Could this be the perfect time to sell? The property market is showing signs of hotting up, with the number of agreed house sales jumping by a significant 15% compared to the same period…
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UK House Price Indexes: Your Guide to Understanding What the Numbers REALLY Mean!
Trying to understand the housing market can feel like you’re lost in a jungle of confusing numbers. Every month, a bunch of different groups throw out house price figures, and it’s enough to make anyone’s head spin! But don’t worry, we’re here to guide you through the madness. Whether you’re buying, selling, or just curious…
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Yorkshire House Prices Rise in Latest Rightmove Report
While the average UK house price dipped slightly this June to £375,110 (that’s just £21 less than May), Yorkshire has seen a 2.8% rise in property values over the past year. That means the average house price in the county is now a healthy £254,020. It’s not just Yorkshire riding the wave – the North…
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House Prices Hold Steady Despite Election – Rightmove
Good news for buyers and sellers – the property market is staying strong! The average asking price for a UK home is holding firm at nearly £375,000. That’s according to the latest figures from Rightmove, the UK’s largest property website. Despite the upcoming general election, it seems like people aren’t put off buying and selling.…
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Landlords Left in Limbo as Rental Market in for Shake Up
Could Labour win the next election and bring in a raft of new rules for landlords? Prospective and existing landlords are facing uncertainty in the wake of the Renters Reform Bill being scrapped and the looming possibility of a Labour government coming to power. The long-awaited Renters Reform Bill, which had been debated for half…