Rightmove launches new equity tracking tool

The UK’s biggest property platform Rightmove has launched its new tool Equity Tracker, enabling homeowners to track the equity they’ve built up in their property over time.

The launch is part of Rightmove’s ongoing investment into tools that improve market transparency and help people to make more confident decisions. Rightmove’s mortgage tools help people to be more aware about what they can afford earlier in their journey, to support more informed conversations with agents.

The new tool combines Rightmove’s latest instant valuation pricing data, which is powered by millions of listings and data from HM Land Registry & Registers of Scotland, with user-provided mortgage details to show a live snapshot of homeowners’ equity which they can track over time.

The new Equity Tracker, available within Rightmove’s Instant Online Valuation tool, will also keep homeowners up to date with when their current mortgage deal ends and provide remortgage options from both their existing lender and other lenders.

By factoring in both their mortgage and how their home’s value may have changed over time, this new tool helps people understand what they could potentially afford when they come to buy again, reducing uncertainty and helping them to prepare earlier.

Equity Tracker joins Rightmove’s larger suite of mortgage tools and features designed to help people better understand what they can afford and the value of their current home, so that they’re as informed as possible when it comes time to make their next move. By bringing property search, valuation, mortgages and market insight into one place, Rightmove helps users navigate the home-moving journey more easily and with greater confidence.

Rightmove’s wider suite of mortgage tools includes its mortgage in principle in partnership with NatWest, mortgage payment and stamp duty calculators, valuation tools and renovation insights.

Rightmove’s head of mortgages Matt Smith says: “Understanding the equity you’ve built up is a really key part of planning that next move, so we wanted to make this information more easily accessible alongside valuation and remortgage information. We want to help people to be much more aware of what they can afford earlier in their home-moving journey, so that they are more informed about their financial position when contacting agents about listings for sale. It’s all part of our mission to digitise more of the UK property market, using data and innovative technology to make the home-moving process clearer, faster and more accessible.

About Rightmove

• Rightmove has the UK’s largest selection of properties for sale and to rent, adds more listings than anyone else
• Latest view from Comscore is over 80% of all time spent on property portals is on Rightmove, and latest view from SimilarWeb is over 70% of time spent on property portals in the UK is on Rightmove (two datasets used across the industry to track time spent on portals)
• Rightmove’s vision is to give everyone the belief that they can make their move by giving people the best place to turn and return to for access to tools and expertise to make it happen
• Users can search Rightmove for residential resale, new homes, rentals, built for rent, commercial property and overseas properties. Rightmove also provide an extensive range of tools and information assisting their home moving journey, including but not limited to: local sold prices, online property valuation, agent visit requests, moving guides, mortgage in principle certification, renovation calculator, extension explorer, home services for renters like utilities, media and insurance, school information, moving guides and sustainability information
• Partners (Rightmove’s customers) include the following key groups: estate agents, letting agents, new homes developers, rental operators, commercial property operators, overseas property agents, financial services operators and home services providers for insurance, utilities and media
• Using the UK’s largest housing datasets, we issue a number of regular reports to track housing market indicators: our monthly House Price Index (established 2002), quarterly Rental Trends Tracker (established 2015), weekly Mortgage Rates Tracker (established 2023) and quarterly Commercial Insights Tracker (established 2024). Historical data is available on request
• Founded in 2000, Rightmove listed on the London Stock Exchange in 2006 and is a member of the FTSE 100 index