Rightmove witnesses significant Help to Buy spike

Published on

increase

The first full day after David Cameron’s surprise Help to Buy announcement saw traffic to Rightmove’s Help to Buy section increase fourfold.

The property website chalked up 60,000 page views of its Help to Buy pages on 29 September. The previous Sunday saw just over 14,000 views of Rightmove’s Help to Buy section, consistent with the daily average throughout September.

Miles Shipside, director at Rightmove, said: “Such an immediate surge in people coming to Rightmove to find out more about Help to Buy is remarkable but indicative of a lack of accurate information elsewhere.

“A lot of the talk to this point has been about the politics of the scheme and the implications of government intervention in the housing market but this is the clearest sign yet that, trying to make sense of all the debate, are lots of home movers for whom this scheme is genuinely exciting.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...

Newcastle trims large loan mortgage rates

Newcastle for Intermediaries has announced rate reductions of up to 0.30% across its large...

Mortgage advisers must evolve to meet rising demand for later life lending, warns Key

Mortgage advisers must adapt their business models to address the growing needs of older...

Latest opinions

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending....

Broker proactivity can ease path back to prime

One of the lessons we’ve taken from the ever rising levels of interest in...

We need to look again at two-year swaps…

Over the last 12 months, we’ve seen three notable things happen in the swaps...

Other news

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...