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The Latest Breaking News from Rightmove

Property Website Rightmove Rejects GBP5.6 Bn Murdoch Bid

UK online property website Rightmove said Wednesday it had rejected a multi-billion-pound takeover offer from Australian peer REA Group, majority owned by Rupert Murdoch's News Corp empire.

International Business Times

Rupert Murdoch-owned firm REA makes £5.6bn offer for Rightmove

Board rejects non-binding indicative proposal of 705p a share for UK’s biggest online real-estate portal

The Guardian - UK

Why are the Murdochs trying to buy UK property site Rightmove?

Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empire

The Guardian - UK

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Nearly a fifth of homes on the market have previously been rented – Rightmove

Some18% of properties now for sale were previously on the rental market, compared with 8% in 2010, the property website said.

The Independent UK

Rightmove can play hardball on asking price. It doesn’t need a Murdoch takeover

The UK property portal is in a strong position and is under little pressure to sell at anything other than a silly figure

The Guardian - UK

Rupert Murdoch-owned firm REA Group weighs up bid for Rightmove

UK property portal’s shares surge up to 25% in early trading amid interest from Australian property company

The Guardian - UK

Rightmove tops FTSE 100 after international bid interest from Murdoch's REA

Shares soar by almost a quarter

Evening Standard

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Volkswagen considering German plant closures and job cuts; UK factories report fastest growth in over two years – as it happened

German carmaker VW may make historic German plant closures in cost-cutting drive

The Guardian - UK

Aussie shares rebound, rise to just under all-time high

After being down as much as 0.8 per cent in early trading, the ASX200 moved into positive territory in afternoon trading to finish up 0.2 per cent

AAP

Would you move for Clarkson's pub? New arrival brings spike in searches for the Cotswolds town of Burford

Property portal Rightmove spotted a jump in searches over the pub’s opening Bank Holiday weekend

Evening Standard

Jeremy Clarkson’s pub opening sees jump in nearby property searches

The pub in Asthall reopened to the public on August 23 after being renamed The Farmer’s Dog

The Independent UK

Don't believe the asking price — these London postcodes are topping the charts for big discounts

Six of the top ten worst performing postcodes for achieving asking prices are in London, according to a new report

Evening Standard

London house prices are down 2% on average — so which borough has seen a 5% per cent drop?

Annual average asking prices are up in the capital, according to the latest Rightmove index

Evening Standard

Interest rate cut fuels immediate upturn in UK property market

Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago

The Guardian - UK

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The Independent UK

Housing market ‘set for confidence boost following base rate cut’

Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.

The Independent UK

The most and least expensive seaside locations to buy a house revealed

The rich do like to be beside the seaside

The Independent UK

First-time buyer nil-rate stamp duty threshold should be retained – Rightmove

The nil-rate threshold for first-time buyers is temporarily set at £425,000 and this is due to revert to £300,000 in spring 2025.

The Independent UK

Property expert reveals how to speed up a house sale this summer

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Evening Standard

'It's outrageous': Bethnal Green flat with holes in the ceiling and no kitchen advertised at £1,400 a month

Despite the peeling wallpaper and gutted kitchen, no work will be done to the property before the next tenant moves in

Evening Standard

'It will probably be flattened and turned into flats': Croydon girls school to be sold off for £7.5 million

Local residents have expressed their horror as Croydon’s largest landowner sells off one of its assets

Evening Standard

London rental crisis: rents in the capital break a new record once again

The market remains ‘out of balance and difficult for tenants’ says Rightmove, as charity sounds the alarm over debt

The Independent UK

Renting scandal deepens as prices hit record high while almost half live in unfit homes

Almost half of private renters in England are living in homes that are cold, damp or mouldy, even in the summer

The Independent UK

Rents hit new records with 17 inquiries per property – Rightmove

The market remains ‘out of balance and difficult for tenants’, the website said.

The Independent UK

The one thing that can add an average of £16,000 to the price of your home

The south west and south east of England have the highest percentage price premiums of 5%

The Independent UK

Homes with a south-facing garden ‘command typical £16,000 price premium’

On average, homes with a south-facing garden sell nine days faster than those without, Rightmove said.

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