We’ve received some fresh data from Rightmove this morning. For those of you that don’t know, Rightmove dominates the market in housing listings and thus has great insight into market trends. We found it quite an interesting read and thought you might find a few of the facts interesting too:
- The average rent in the UK is £180 higher than the average monthly mortgage payment
- The fastest moving property in the rental sector is a 3 or 4 bedroom home
- Those searching for new build homes on Rightmove has jumped by 80% in a year – we love to hear this news!
- 81% of Help to Buy sales are first time buyers, that’s 90,274 of them!
The first point is quite interesting for us, the data is of course national but Rightmove have told us that they have seen a significant uplift in those renting looking to buy all across Yorkshire and Lancashire. The third point is also quite encouraging; we have always thought our homes are the perfect compromise between old and new. The detailing in our homes is there to create homes with character so that we may change our clients minds about new homes. Thinking of buying? Search the homes we have available here.
June 8, 2017