The FTSE 100 was buoyed by shining corporate results from several companies in a busy week for the market, with the blue chip index closing 1.1% higher at 7,428 at close of trading on Friday. US markets enjoyed a boost with Amazon and Apple reporting sales ahead of market expectations and hopes that the US […]

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Rightmove shares were up 1.3% to 653.4p in early morning trading on Friday after the property search group confirmed a 9% revenue climb to £162.7 million in HY1 2022 compared to £149.9 million the last year. Rightmove attributed its revenue to customers increasing their use of digital products to upgrade their packages. The company announced […]

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The FTSE 100 languished in the red on Monday as the index dropped 1.9% to 7,240.5, its lowest point since mid-March in light of Beijing’s continued lockdown and market concerns about the Federal Reserve’s next moves on interest rates. Russia’s military display in Moscow to celebrate the Soviet victory against Germany in the second world […]

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Rightmove shares fell 5.8% to 526.2p in late morning trading on Monday, after the group announced the resignation of Chief Executive Officer Peter Brooks-Johnson. Johnson is set to leave following 16 years with the property company, and confirmed that he would depart after the release of the FY2022 results in February 2023. Rightmove commented that […]

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Real estate firm Rightmove has projected a further climb in UK house prices in 2021 despite Brexit, the ongoing coronavirus pandemic and whether or not the government chooses to extend the current stamp duty holiday. Asking prices rose almost 7% this year, but are expected to gain a further 4% over the next twelve months […]

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New research commissioned by bridging finance provider Market Financial Solutions (MFS) has outlined the growing concern over the UK’s housing crisis, with more than half of Brits considering it to be one of the biggest issues even amidst the Covid-19 pandemic and ongoing Brexit uncertainty. The MFS survey – conducted across an independent, nationally-representative survey […]

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A new report released by property investment fund London Central Portfolio (LCP) has revealed that 22% of prime London properties purchased this year were bought by overseas buyers without a viewing. The data, collated from figures by the HM Land Registry UK House Price Index, consolidates reports that the property market is currently enjoying a […]

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The average asking price for homes in the UK hit a record high in October, according to new figures from Rightmove. The average price for a home in Britain has increased by 1.1% last month to £323,530. The cost of a house on the website is a 5.5% increase from a year ago – the […]

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According to the UK’s largest property website, Rightmove Plc (LON: RMV), the UK housing market suffered its first price dip for September for eight years (since its last dip in 2010). The announcement came as average property prices dipped 0.2% or £730 in comparison with August; an irregular shift from the expected trend of a […]

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In September, Rightmove has reported a 16% on-month increase in new properties coming onto the market, with some areas seeing an annual price increase of over 4%, and the upper echelons of the London housing market enjoying increased liquidity amid a price dip. While property prices are down 1.1% on-year in the North East and […]

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