Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Challenger portal OneDome sees record number of visitors

property listing websites

The two property listing websites managed by the group saw visits grow to 2.9 million in March, up from 2.7 million in February

Challenger portal OneDome has experienced another record month in terms of traffic and leads generated to estate agents.

The portal, which last month signed up one of the larger UK agencies, the Leaders Romans Group, has seen particularly strong interest from first-time buyers (FTBs) in recent weeks, perhaps thanks in part to the introduction of the government’s 95% mortgage guarantee scheme.

The two property listing websites managed by the group – OneDome.com and Nethouseprices.com – saw visits grow to 2.9 million in March, up from 2.7 million in February.

Babek Ismayil, founder and CEO of OneDome, commented: We are seeing a record volume of traffic, with high numbers of buyers and tenants searching on our websites. The month of April has also started very strongly and we are pleased to offer our agents a record volume of leads. We expect this trend to continue in the coming months.

Due to being able to save more during lockdown, the extension of the stamp duty holiday and the new mortgage guarantee scheme, market conditions are very favourable for first-time buyers. We therefore expect them to continue driving demand for vendors’ properties, he says.

However, positive financial conditions and the current easing of lockdown restrictions will provide a boost for all demographics, which is likely to be reflected in property market activity throughout the remainder of 2021, Ismayil says.

Apart from the Leaders Romans Group, OneDome also signed up Barratt Developments Plc, which now lists all its properties on the platform, earlier this year.

Last year, OneDome revealed a range of high-profile agencies listing on its websites, including Andrews Property Group, Arun Estates, Coopers Residential, Hunters, Martyn Gerrard, Michael Jones, Robinson Michael & Jackson, Winkworth, along with others.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.