Rightmove says house prices data has become meaningless

House prices data is declared meaningless by Rightmove as the number of homes put up for sale collapses due to lockdown Pre-lockdown sales agreed in the year to 23 March were up 11% That was the best start to a year since 2016, Rightmove said But now data are meaningless because most activity has stopped … Read more

Rightmove scraps all its forecasts and axes a £38m dividend payout to shareholders 

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 faces backlash from estate agents over fees holiday as UK property market grinds to a halt

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

Property asking prices back near all-time high, says Rightmove

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

Five of the most UNUSUAL homes for sale on Rightmove

A carnival-themed home with its own bowling alley, a castle, and a windmill feature in the most unusual homes on Rightmove this year. All five of the most unique homes for sale on the property website were picked by the Rightmove team for their stand out features. Rightmove’s Miles Shipside said: ‘Stepping through the front … Read more