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The Latest Breaking News from Zoopla

Number of house sales being agreed is 25% higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

The Independent UK

Rupert Murdoch’s REA Group raises offer to buy Rightmove to £6.2bn

Australian group calls on Rightmove board to ‘engage now’ after fourth offer for UK online property portal

The Guardian - UK

Rightmove rejects third bid from Rupert Murdoch’s REA Group

Australian company says it is frustrated that UK property website has refused to engage over £6.1bn offer

The Guardian - UK

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Rupert Murdoch’s REA raises Rightmove bid to £6.1bn

Group makes third offer for property portal, saying it is ‘disappointed’ at lack of engagement by board

The Guardian - UK

21 people competing for every home to rent amid supply challenges – Zoopla

One in eight homes listed for sale on Zoopla in July were previously rented.

The Independent 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

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

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Gender Gap Hits Home: UK Sons Receive £13K More Than Daughters From Parents for First House Purchases

Parents are paying their sons more than their daughters and working women are still paid just 91p for every £1 earned by males. Why is this happening and when will it change?

International Business Times UK

London house prices rise for the first time since April 2023

New data finds green shoots in the London property market but it’s a mixed bag across the capital

Evening Standard

Homes with asking price reductions take twice as long to sell, says Zoopla

About a fifth of homes on the market had the asking price reduced by 5% or more in August, the property website said.

The Independent UK

London first-time buyer: 'My parents sold our family home to pay the deposit for my Whitechapel flat'

Lois Child is one of the 79 per cent of Londoners who needed family help to get on the property ladder

Evening Standard

London rents "have over-shot" as rental inflation slows to lowest level in almost three years

Rental inflation for new lets it is the lowest it has been in three years as demand falls

Evening Standard

Zoopla experiments with eye-tracking technology in Ruislip to test house hunter behaviour

One in five house hunters reportedly spend less than 20 minutes viewing a home before making an offer

Evening Standard

Heatmaps show UK homebuyers look most at artwork and furniture before making decision

Zoopla puts average viewing time at 49 minutes, as eye tracking study shows focus on mirrors and plants, not floors and walls

The Guardian - UK

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The Independent UK

20% of house hunters ‘spend under 20 minutes looking around before making offer’

An experiment by Zoopla indicated house hunters spend much of their time looking at cosmetic decoration including feature walls, mirrors and plants.

Evening Standard

London house prices keep falling — but which inner boroughs are swimming against the tide?

London homes are still selling for £27,000 below asking price on average as mortgage rates bite

The Guardian - UK

UK house prices expected to rise over second half of year, says Zoopla

Larger number of homes for sale will help push up prices by 2%, says property portal

The Independent UK

The cities where homeowners are most likely to have seen their property value rise or fall

Towns and cities in northern England are particularly likely to have experienced house price gains

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The Independent UK

UK house sales tick up for fifth month in a row

An estimated 91,290 sales took place in May, which is 17% higher than in May 2023, HM Revenue and Customs said.

Evening Standard

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

Evening Standard

'Over-valued' house prices likely to rise more slowly than household incomes, says Zoopla

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

The Independent UK

House prices set to rise at slower rate than incomes, research shows

House price growth will ‘remain muted’ but property prices will remain generally unaffordable, Zoopla has said

The Independent UK

House prices likely to rise more slowly than household incomes, says Zoopla

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

The Independent UK

How much income a first-time buyer needs to buy a home now, according to experts

It comes as Consumer Prices Index (CPI) inflation slowed to 2% in May, down from 2.3% in April

GoodToKnow

Half of parents ‘trapped’ into living near grandparents due to childcare costs - two mums share their stories

Parents are finding themselves 'trapped' into living near grandparents as spiralling costs make childcare unaffordable. We speak to an expert about this difficult situation.

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