When Fresh Limited (now PriceHubble)

Good luck to all of our amazing estate agent clients at the ESTAS on Friday!

Great to see our MD, Mark Cunningham in action exploring how using data is transforming the insurance landscape.

Our latest rental market 'Affordability Tracker' as published by the Office for National Statistics is now live.

It was lovely to catch up with colleagues old and new in our PriceHubble planning day in London this week. Exciting times ahead!

We're pleased to share some fascinating insight on the fast-growing UK Single-Family BTR market in our latest property market data analysis. This new report focused on the West Midlands.

Many thanks to BTR News for sharing the first in a series of new Ascend Properties reports focused on the single-family BTR market. Our PriceHubble analysts collaborated on the report with Jack Wright and Paul Borrmann - Ascend to understand the role of single family housing in meeting the demand for well-managed, secure rental homes. We benchmarked the Ascend dataset against the wider private rental sector in the West Midlands. Ascend publishes this series of reports with The Association for Rental Living to turn the spotlight on institutional investment in single family housing. The analysis is based on our Dataloft Rental Market Analytics dataset, the UK’s most comprehensive source of achieved rents and renter demographics. To find out more about this and PriceHubble’s extensive range of property data performance solutions, book a discovery call today. https://lnkd.in/e5jY-ahb   #NHS #HousingMarket #AffordableHousing #PriceHubble #PropertyMarketInsight #RentalMarketInsight #RentalData

🏥 Housing affordability challenges for NHS workers most acute in London. 🇬🇧In our recent PriceHubble UK study, we found that NHS workers live closer to their place of work, but in high value areas, that relationship breaks down. 💂🏻♂️This is particularly seen in London. We analysed the home locations of NHS workers from King’s College Hospital living in the private sector. While there is a cluster close to the hospital, these NHS workers have dispersed into more affordable areas further from the hospital. Indeed, while 35% of all NHS workers live within two miles of work, only 26% live within two miles of King’s College Hospital. We also found that only 2% of rentals were affordable to London NHS workers, based on the average income of an NHS employee in the UK (£31,514 pa, which falls between Band 5 and Band 6 of the NHS pay scale). Even with an additional allowance, NHS workers renting in London face considerable pressures. 🔎 To find out more, download the full study: https://lnkd.in/egqe9w6B This analysis is based on our Dataloft Rental Market Analytics dataset, the UK’s most comprehensive source of achieved rents and renter demographics. To find out more about this and PriceHubble’s extensive range of property data performance solutions, book a discovery call today. #NHS #HousingMarket #AffordableHousing #PriceHubble #PropertyMarketInsight #RentalMarketInsight #RentalData

🔸PriceHubble's UK Managing Director, Mark Cunningham will be speaking at InsTech’s event tomorrow: “Beyond Theory: Unlocking Business Value with Complete Digital Risk Flows” supported by Google Cloud and Cytora. 👂Mark will be speaking alongside Jessica Rowe and Mark Varley at Addresscloud. Join them as they discuss the themes of the day, with a particular focus on ‘New sources of Climate and Property data’. 🔗 Register here: (It’s FREE For risk managers, insurers, brokers and MGAs) https://lnkd.in/e7Bj3TdF PriceHubble equips insurance risk and underwriting teams with a comprehensive range of data to allow them to make faster, better-informed risk decisions. To find out more, come and chat to either Mark or Ian Walsh during the event. #instech #pricehubble #insurance #insurancesolutions #propertydatasolutions #propertymarketinsight

🤖 Generative AI has the potential to transform the efficiency of the insurance industry... 🔸We’re delighted to announce that our UK Managing Director, Mark Cunningham will be speaking at InsTech’s event next week: “Beyond Theory: Unlocking Business Value with Complete Digital Risk Flows” supported by Google Cloud and Cytora. 👂Mark will be speaking alongside Jessica Rowe and Mark Varley at Addresscloud. Join them as they discuss the themes of the day, with a particular focus on ‘New sources of Climate and Property data’. 🔗 Register here: (It’s FREE For risk managers, insurers, brokers and MGAs)  https://lnkd.in/e7Bj3TdF PriceHubble equips risk and underwriting teams with a comprehensive range of data to allow them to make faster, better-informed risk decisions. To find out more come and chat to either Mark or Ian Walsh during the event. #instech #pricehubble #insurance #insurance data #insurancesolutions #propertydatasolutions

📊 🇬🇧 Does BTR offer a solution?    The latest rental affordability figure for July increased yet again, reaching its highest level since our tracker began, at 28.8%. 📈   Our monthly 'Affordability Tracker' for the UK rental market monitors trends in renters' affordability. It's published in the Housing section of the Office for National Statistics' weekly bulletin of real-time indicators, 'Economic Activity and Social Change in the UK'.   It was also featured in the Financial Times last week in an article highlighting that rental affordability in the UK is at its ‘worst level in more than 7 years’. Does BTR offer a solution? PriceHubble’s Sandra Jones comments: "This is proof if we need it that we have a problem with housing affordability in the UK, and that renters are paying the price. The simple truth is that rents have been rising faster than earnings. There are a number of explanations. Landlords deciding to exit the market is one, but we know that there are new landlords entering the market too, so that is not the whole story. HMO licencing and the imposition of minimum room sizes has reduced supply, especially in the big cities because renting the ‘box room’ is no longer an option for sharers. That’s a lot of rooms taken out of the system. The appeal of short-term rents is another cause. At the same time, many renters want a spare room to work from home if they can afford it. Rents cannot continue to outpace wages growth like this indefinitely and we already see the rate of growth moderating. These findings underscore the importance of the Build to Rent sector in delivering well-built, well-managed, and affordable long-term housing solutions, especially for the ‘squeezed middle’ in the UK’s broad and diverse renter population”. 🔎 Read the full analysis online: https://lnkd.in/ezWZQTds (Please note: the article is behind a paywall). #RealEstate #PropertyMarket #RentalAffordability #HousingSolutions #BTR #UKHousingMarket #PropertyMarketInsight #PriceHubble #Dataloft