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The Latest Breaking News from Rightmove

The great affordable housing robbery: promised home numbers shrink across London

The number of new affordable home starts in London dropped by 88 per cent last year

Evening Standard

London’s FTSE 100 rises amid hopes of new UK-US trade deal

London’s top stock market index was up 53.53 points, or 0.61%, to end the day at 8,809.74.

Evening Standard

Rightmove expects surge in revenue this year amid property market recovery

Users totted up more than five billion views of properties on Rightmove’s property portal in 2024, the company said.

Evening Standard

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Nearly 74,000 home-movers in England ‘to just miss stamp duty deadline’

Rightmove estimates that these movers will complete their transactions in April, stumping up a collective £142 million in extra stamp duty payments.

Evening Standard

Sub-4% mortgage rates ‘may be first to go’ following unexpected inflation jump

Annual house price growth accelerated to 4.6% in December, but some experts said inflation figures released on Wednesday could affect mortgage rates.

Evening Standard

Half a million homebuyers face £11k cliff-edge in race to beat stamp duty changes

The average time to sell a property currently sits at five months

The Independent UK

House price growth slowing as April stamp duty changes loom

Some of the steam is coming out of new sellers’ price expectations to fit changing market conditions

Evening Standard

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Ministry to digitalise property data to speed up homebuying process

Project aims to enable faster information exchange among involved parties to modernise ‘cumbersome’ process

The Guardian - UK

Plans to digitalise key property data to speed up home buying

It is part of Labour’s plans for housing which also including overhauling planning rules, building 1.5 million homes and reforming leaseholds.

The Independent UK

Bridget Jones’s London flat price ‘tripled since first 2001 film’

Bridget’s one-bed in Borough would today set buyers back almost £550,000

The Independent UK

Bridget Jones’s flat ‘could have tripled in price since first film in 2001’

Looking back, a one-bedroom flat in the heart of London was a real achievement for the character, Rightmove said.

The Independent UK

How to sell a home: February and March are 'best months to list a home' for a successful sale

Around two in every three homes listed in February and March since 2012 have gone on to sell successfully, according to Rightmove’s analysis

Evening Standard

Average private rents in Great Britain fall for first time since 2019

Typical advertised rent outside London dipped £3 to £1,341 a month in final quarter of 2024, says Rightmove

The Guardian - UK

London rent rises buck national trend but rate of growth slows

After more than three years of consecutive increases, London asking rents have increased by 0.1 per cent to £2,695 a month

Evening Standard

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Evening Standard

Average asking rent outside London ‘falls for first time since before pandemic’

A rising number of rental homes was improving the balance of supply and demand, according to the website.

The Independent UK

Rent costs finally fall outside London but capital hits another record high

It is the first time average asking rents have fallen since pre-Covid

Louder

If you ever dreamed of living in a mansion in Scotland formerly owned by Genesis, we have excellent news: there's one on the market right now, and it's going for a song

Pennyghael House, a nine-room mansion on the Isle of Mull once owned by Phil Collins, Tony Banks and Mike Rutherford, is up for sale:, and in need of some love and attention

The Independent UK

How renting in London became an unimaginable hellscape

LET’S UNPACK THAT: The process of finding somewhere to rent in the capital is like competing in the Hunger Games. It’s easy to lose your dignity, writes Ellie Muir. Will tenants ever be freed from this misery?

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Evening Standard

London house prices now £200k higher than South East as market shows 'early signs of resurgence'

Commentators believe that 2025 will mark a turning point for London house prices

The Guardian - UK

UK housing market ‘starts new year with a bang’, says Rightmove

Number of homes new to market 11% higher than a year ago, despite uncertainty over interest rates and stamp duty

Evening Standard

Property market sees biggest new year house price bounce since 2020

The average asking price for a home coming to market increased by 1.7 per cent or £5,992 in January, Rightmove said

The Independent UK

Biggest new year house price bounce since 2020 recorded by Rightmove

The average asking price for a home coming to market increased by 1.7% or £5,992 in January, Rightmove said.

The Guardian - UK

Sunbury-on-Thames sees biggest house price rise in UK in 2024

Surrey town saw 12.5% increase in asking prices last year with rest of UK rising just 1.4%, according to Rightmove

The Guardian - UK

UK property will be a buyers’ market in 2025, analysts predict

‘Cautious optimism’ forecast despite end to key stamp duty relief and fears of higher taxes and interest rates

The Independent UK

Why property experts are predicting 2025 will be a ‘buyer’s market’ with sales boom

First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market, experts said.

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