The latest Rightmove and property news
Rightmove’ Q1 First-Time Buyer Report finds that the proportion of buyers intending to purchase for the first time over the year ahead in London now stands at 38.6%.
Rightmove’ Q1 First-Time Buyer Report finds that the proportion of buyers intending to purchase for the first time over the year ahead has dropped below one-in-four. Prospective first-time buyer levels dropped from 25.5% in the final quarter of 2010, to just 22.8% in Q1 2011.
Find out which properties have been viewed the most on Rightmove in 2011 so far, with our top 12 list.
First-time buyers are coupling-up in increasing numbers in order to meet the costs of home ownership and get their foot on the property ladder.
January was a busy time for Rightmove as we broke our own record for website traffic three times in the space of a month. Given that January is traditionally a busy time for the property market and Rightmove has long been the most popular site for UK home-hunters, this record breaking activity may not be too unusual.
Sorry the Rightmove Students competition has now closed. Thank you for your entries!
While nationally new sellers average asking prices increased by just 0.3% (£711), they were again outperformed by the confidence of the capital’s sellers who pushed theirs up by 1.1% (£4,470).
Average asking prices in Wales went against the UK national trend by dropping by -0.5% in Rightmove’s House Price Index for January, as the national average saw a slight increase of 0.3%. However the big cities of Cardiff and Swansea did see a rise, by 2.4% and 6.9% respectively.