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

Gen H and Just Mortgages tool to help shared ownership borrowers move to full ownership

Just Mortgages and Gen H have introduced a new calculator designed to help shared...

Advice boosts women’s confidence in long-term financial planning

Women are more likely to manage household finances than longer-term wealth decisions, although financial...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated...

Mortgage rates have surged since Brexit vote, says L&C

The cost of borrowing has risen sharply in the decade since the UK voted...

Accord trims rates across residential and buy-to-let ranges

Accord Mortgages is reducing rates across its residential and buy-to-let product ranges for the...

Latest publication

Other news

Gen H and Just Mortgages tool to help shared ownership borrowers move to full ownership

Just Mortgages and Gen H have introduced a new calculator designed to help shared...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of...

Advice boosts women’s confidence in long-term financial planning

Women are more likely to manage household finances than longer-term wealth decisions, although financial...