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Rightmove to launch real-time property report

Property website Rightmove will issue its first ever Real-time Property Report on Tuesday.

The report&#39s &#39Asking Price Trend&#39 is based on asking prices of properties marketed by Rightmove&#39s 2,900 member estate agents, setting the report apart from other house price indexes as it will act as an indicator of where the housing market is going, rather than what has happened in the past.

Rightmove covers some 30% of all estate agents and showcases a stock of about 140,000 properties throughout England and Wales. With the exception of the Land Registry the report is based on the largest sample of data of any survey in the UK and will provide average prices, percentage change over one and 12 months, and a breakdown by region and by property type.

Local data and comment from the network of Rightmove estate agents will also be available from Rightmove housing expert Miles Shipside, with a report published around the 20th of each month.


Industry welcomes Treasury&#39s regulatory changes

Intermediaries have broadly welcomed most aspects of the Treasury&#39s final legislation on the regulation of mortgage advice – especially the exclusion of introducers from the regime.Patrick Bunton, head of operations and compliance at London & Country, says that rules on introducers and packagers “make perfect sense” and is pleased the Treasury has deferred judgement on […]

MCCB welcomes &#39grandfathering&#39 of mortgage qualifications

The MCCB has welcomed the publication by the Treasury of the Regulated Activities Order and also the FSA&#39s consultation paper (CP146) on its high-level approach to implementing regulation and &#34near-final” rules on information disclosure requirements. The MCCB will be studying the 350 plus pages of CP146 in great detail and will respond to the consultation […]

Speaking your language

Name and address suppliedTo be said in Samuel L Jackson style of speech…“Can I help you?” he said.“Nice advert,” I said.“You bet,” he said.“What&#39s it about?” I said.“You can&#39t find meaning in the script,” he said.“Talk straight,” I said.“Or the location,” he said.“This advert,” he said, “is almost like nothing&#39s being said.”“Cat sure ain&#39t got […]

Woolwich launches new lower fixed rate mortgage

Woolwich has launched a new two year Openplan flexible fixed rate mortgage of 4.49%. This two year fixed rate (fixed rate term ends 31 October 2004) has been reduced from 4.89% to 4.49%, making this one of the lowest rates available in the market. Andy Gray, head of mortgages at The Woolwich, says: “Fixed rate […]


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