Tim Bannister.
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Housing Market
Rightmove data prompts market shock as house prices plummet
House prices fall as some movers wait for calmer 2023 with higher mortgage rates dampening buyer demand but more normal activity expected later in 2023.
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Housing Market
Rental market most competitive on record as buyers hold back
Demand for homes to rent has jumped with four times the number of tenants per property available, the portal says.
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Latest property news
First-time buyers feel the brunt as rapid mortgage rate rises pause plans
The average price of property coming to the market has risen by 0.9% (+£3,398) in the month to a new record of £371,158, says Rightmove.
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Housing Market
Rightmove says stock down 39% on pre-pandemic levels
Prices fall but more likely due to August holidays than rate rises or lack of stock, says property portal.
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Latest property news
New conveyancing logjam pushes offer to completion to 150 days – claim
Comments are made by Rightmove's data chief Tim Bannister in the portal's latest house price index commentary.
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Latest property news
Rightmove reports Spring moving ‘frenzy’
Cost of living and energy crisis and rising inflation and interest rates fail to slow house price surge in the UK, says Rightmove in its latest report.
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Latest property news
First half of 2021 busiest EVER for estate agents, says Rightmove
The portal says it's been an extraordinary six-months for the housing market during which demand has been outstripping supply heavily.
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Latest property news
1.7 million properties will never make EPC band C says survey
Problems for letting agents loom as Rightmove research shows many rental properties will never make the required band C required by 2030.
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Latest property news
Industry records fall as 23% of homes take under a week to sell in ‘crazy’ market
Rightmove says homes are taking juts 45 days to sell at the moment, the fastest ever reported by the portal.
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Latest property news
Government officially launches 95% LTV mortgage scheme for FTBs
Scheme is for all homes for sale under £600,000 and will run until the end of the year and be limited to £3.9 billion.
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