Housing market set for ‘return to normality’ after year of uncertainty Property UK house prices have dropped around £2,000 in the last year despite improved access to mortgages and lower interest rates. The average price of a home in the four weeks to 6 December was £358,138, which is 0.6 per cent ( £2,059) lower than the same period a year ago, according to Rightmove. Last year, meanwhile, house [...]
Brits delay moving houses over Budget fears Property Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]
Rightmove faces £1bn legal action over ‘unfair’ fees to estate agents Legal A legal claim estimated at £1bn is in the works against property portal Rightmove, accusing the company of charging thousands of UK estate agents excessive and unfair prices to list properties. The legal action, led by former Competition and Markets Authority (CMA) panel member Jeremy Newman, along with a team of lawyers at Scott+Scott UK [...]
Rightmove shares in £1bn crash as AI plans spook investors November 7, 2025 Shares in Rightmove nosedived on Friday morning after the property titan revealed a major-shakeup centred on upping AI spending. The group said it would invest £60m over the next three years, with a focus on leaning into new tech. The FTSE 100 firm slashed its short-term profitability targets amid the new plans. Company boss Johan [...]
Rightmove: Average price tag on home has fallen £10,000 over summer August 18, 2025 The average price tag on a home has tumbled by more than £10,000 across the summer, falling by nearly £5,000 month-on-month in August alone, according to a property website. Across Britain, the average price of a home coming to market fell by 1.3 per cent, or £4,969, month-on-month in August to stand at £368,740, Rightmove [...]
Rightmove demands stamp duty overhaul July 25, 2025 Rightmove has called on the government to overhaul stamp duty thresholds to help first-time buyers get on the property market. The UK’s largest property platform urged ministers to increase the thresholds at which the tax kicks in, to reflect house price rises that have occurred in recent years and “help mobility across many parts of [...]
Rightmove profits rise amid rental and commercial property growth July 25, 2025 Britain’s largest property portal, Rightmove, posted a rise in revenue and profit on Friday, buoyed by estate agents upgrading marketing packages and growing demand across its rental and mortgage arms. The FTSE 100 firm told the market that revenue rose 10 per cent to £211.7m in the first half of 2025, up from £192.1m last [...]
UK house prices drop as motivated sellers slash asking prices June 16, 2025 UK house prices dipped in June amid a jump in the number of homes coming to the market. New asking prices fell by 0.3 per cent to £378,240 in June amid a “decade-high” competition to secure buyers, according to Rightmove’s latest house price index. Prices are now 0.8 per cent ahead of this time last [...]
Rightmove: Lower mortgages and browsing Brits boost property portal May 9, 2025 Property platform Rightmove has benefitted from a more optimistic housing market as mortgage rates fall, with buyer demand and property listings both up. The FTSE100 company, which is home to over 80 per cent of all consumer time spent on UK property portals, said new property listings rose nine per cent in the first four [...]
UK house prices hit record high in April despite stamp duty changes April 14, 2025 The average UK house price rose 1.4 per cent in April despite fears of a market slowdown in the wake of changes to stamp duty. UK house prices hit a new record high of £377,182, according to Rightmove. Analysts said that lower mortgage rates have offset the impact of stamp duty changes and the typical [...]