London lags behind country on house price growth December 1, 2021 London is still playing catch up to the rest of the country on house price growth, Rightmove data revealed today. The national average price of property is set to rise 5 per cent next year, thanks to the ongoing trends of fierce buyer demand and low stock levels. However, the London market will grow at [...]
Suburban and countryside rents outpace urban prices October 6, 2021 Asking rents in suburban and rural areas have soared over the course of the pandemic, compared to minimal growth in urban areas. Renters seeking homes further away from city centres had resulted in more residential areas jumping 11 per cent since the start of the Covid pandemic. Urban areas have marked a rise of just [...]
All aboard: Searches for homes near London stations soar September 30, 2021 The rush back to the office has inspired a jump in searches for homes close to London stations that give them a quick commute into the City. House hunters were keen to have speedy access to Central London, as the momentum behind the office return ramped up, according to data from RightMove, shared with CityAM. [...]
Buyers face hot competition as average house price hits all-time high September 20, 2021 The national average price of property coming to market has hit an all-time high after rising 0.3 per cent this month, to £338,462. This new record high is only £15 higher than the previous record set in July, suggesting a stabilising prices, according to Rightmove’s house price index. Buyers are facing fierce competition to buy [...]
Rightmove revenue falls by almost a third despite surge in visitor numbers February 26, 2021 Property giant Rightmove saw revenue fall by 29 per cent to £205.7m in 2020 as coronavirus restrictions battered the housing market. The firm felt the strain of providing a 75 per cent discount on invoice values to estate agents and new customers between April and July last year. Operating profit also dropped 37 per cent [...]
Rightmove toasts record-breaking January but deals begin to crumble ahead of stamp duty deadline February 5, 2021 Rightmove enjoyed its busiest January on record as visits to the property platform jumped nearly 40 per cent with many buyers seemingly undeterred by the approaching end of the stamp duty holiday. However, the firm said there had been a seven per cent increase in sale fall-throughs as buyers realised they do not have the [...]
UK housing market ‘to grow four per cent’ in 2021 December 14, 2020 British house prices are set to grow an average of four per cent in 2021, according to property website Rightmove, despite the looming end of a tax break and forecasts of rising unemployment. Rightmove said asking prices for property first advertised between 8 November and 5 December were 6.6 per cent higher than a year [...]
Rightmove: Demand surges 50 per cent after housing market reopens August 7, 2020 Property platform Rightmove said demand was up 50 per cent in June and July as potential buyers sought new homes after months spent in lockdown. Rightmove’s share price jumped 8.93 per cent to 629.4p this morning after the company reported a bounce in activity after the housing market reopened. The figures In the six months [...]
Revenue rises at Rightmove as half-year results reveal 10 per cent increase July 26, 2019 Rightmove said its revenue has increased by almost 10 per cent during the first half of this year after issuing results to its investors this morning. The property portal reported strong results with revenue to the end of June up to £143.9m, from £131.1m last year. It claimed this was largely driven by continued growth [...]
ii Winter Portfolio doubles after fifth market-beating year May 22, 2019 | City Talk After an amazing fifth winter, our portfolio almost doubles in value and beats all the global indices, proving that international investors are wrong to ignore UK stocks. It also proves it is possible to time the market. Five years ago, our interest was piqued by a stock market phenomenon that promised consistent market-beating returns year [...]