The property market has seen an ‘abrupt turnaround’ from its best start to a year since 2016, with homes put up for sale collapsing since the UK went into lockdown. Property website Rightmove said the average house price ‘of the daily dwindling number of properties coming to market’ rose 2.1 per cent to £311,950 in … Read more
Confident house sellers are attempting to reap the rewards of a ‘Boris Bounce’ as they push average property asking prices back to near their all-time high. The average newly-listed home price rose £2,589 in the month to mid-February, or 0.8 per cent, to £309,399 – just £40 below the previous record high reached in June 2018. … Read more
High-flying Rightmove dragged down to earth by the property market freeze as it scraps its dividend and forecasts People have been told not to move and agents instructed not to market homes FTSE 100 group has ‘suspended’ all its financial forecasts for the year Online property portal has also axed its 4.4p a share final … Read more
Rightmove is facing a backlash from estate agents who claim it is not doing enough to help them throughout the coronavirus crisis which is seeing them lose business amid plummeting home viewings and sales. The property listing website has offered estate agents a 75 per cent discount for the next four months as the housing … Read more