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UK Property

Rightmove and Nationwide launch property lending checker

UK property platform Rightmove (RMV.L) and building society Nationwide have launched an online feature that allows potential homebuyers to understand if a specific property is likely to be eligible for mortgage lending. They said that the new digital "property lending check" is a global first, in enabling homebuyers to receive real-time information about the likelihood of getting a mortgage on a house before viewing it and make an offer. The feature aims to give "home-hunters more mortgage confidence, much earlier in their moving journey," they said. According to the announcement...
UK Property

Rightmove expects increase in revenue this year as property market recovers

The company said that "supportive" property market trends in the early months of this year would support a rise in revenue of between 8% and 10% compared with 202412:52, 28 Feb 2025Updated 12:53, 28 Feb 2025Average revenue per advertiser, a closely-watched indicator for Rightmove, rose 6% (Image: PA Wire/PA Images)Rightmove has predicted a revenue growth of up to 10% this year, as lower mortgage rates due to rate cuts attract more potential homebuyers to its website.The company noted "supportive" property market trends in the early months of this year, with...
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