Advanced Bookings Soar


Property technology company Coadjute has reported that advance bookings for property viewings on house sales have risen by 182% over the last four weeks. 

Coadjute’s Property Market Insights report, compiled alongside businesses including Dezrez, Legal Marketing Services, MRI Software, Reapit, Redbrick Solutions and Search Acumen, covers more than 50% of UK estate agents, in addition to a number of conveyancing firms.

It found that during the period between 2 March and 5 April there was a 62% drop in estate agents enquiries and an 83% drop in registrations.

Coadjute appoints former RBS director of innovation as CEO

However, the market is seemingly picking back up, as the last four weeks has seen registrations and enquiries rise by 45% and 61%, respectively, increasing by 18% and 32% in the last week alone.

Property offers have also increased, by 58% over four weeks.

However, it should be noted that these increases are in the context of an unprecedented reduction in activity at the start of lockdown.

The number of applicants registered with estate agents is still 77% below the start of March.

Similarly the proportion in the offer stage is down 87%.

Martin MacDuff, managing director at Redbrick Solutions, said: “It’s essential to the UK economy that the housing market with all its facets gets moving again as soon as possible.”

Gary Barker, chief executive officer at Reapit, said: “It is essential that we embrace technologies that can help us expedite recovery and growth throughout the property industry.

“Reapit’s collaboration with Coadjute and partners will bring together both an exceptional level of industry knowledge and a leap in data mapping technology to offer detailed property market insights which at this time can now be precisioned towards the anticipated return of the sales market.”

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • The Hideaways Club
  • Monaco Real Estates
  • RDO
  • Rosemont Consulting
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Cyan International Properties
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Lida Cucina
  • Pedini London
  • Alexander James
  • Wings
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Smart Currency Exchange
  • Prestige Architects
  • Worldwide Property
  • Panorama
  • Dimora
  • Dominic McKenzie Architects
  • The Coastal House
  • Chamonix Ski Chalet
  • Luxe Caribbean Properties
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • London Fractions
  • Page Architects
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • b-williams-management
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Experience Invest
  • Move 2 Gozo
  • Deborah Garth
  • Extex
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • eastwood private client
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Page Architects
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE

Enter your dream destination