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HPC Mentioned In The Ft Mudlark Column

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Particular Listings:

Rightmove, a property website that is to float at a value of up to £400m, has come under attack from an unusual quarter - another website devoted to the downfall of the UK housing market.

Housepricecrash.co.uk has complained to trading standards officers and the UK Listing Authority about some erroneous figures that have appeared on Rightmove, such as a £110m house in Yate and a £5m studio flat in Cheshire.

Perhaps, the group hints, these have helped to create the illusion of a buoyant housing market ahead of the Rightmove IPO.

This is rhubarb, says Rightmove. Not only does the group filter out any "erroneous" figures when collating its monthly data, but it also has no reason to manipulate the market. Its turnover comes from subscriptions from estate agents, which do not depend on the number of homes or their asking prices.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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