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Rightmove said it expects revenue to grow by up to a tenth this year, as rate cuts feed through to lower mortgage rates, leading more would-be homebuyers to its website.
The company reported âsupportiveâ property market trends in the early months of this year, while revenue is expected to be between 8% and 10% higher than 2024.
It pointed to the Bank of Englandâs decision to cut the base interest rate to 4.5% in February, the lowest level since June 2023, âwhich is beginnin...
>>> Read more: Rightmove expects surge in revenue this year amid property market recovery
The company reported âsupportiveâ property market trends in the early months of this year, while revenue is expected to be between 8% and 10% higher than 2024.
It pointed to the Bank of Englandâs decision to cut the base interest rate to 4.5% in February, the lowest level since June 2023, âwhich is beginnin...
>>> Read more: Rightmove expects surge in revenue this year amid property market recovery
