Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.
REA, which is 62% owned by Murdoch's News Corp, decided to walk away from making a formal offer for Rightmove ahead of a 1600 GMT deadline on Sept. 30. Rightmove had also declined a request from REA to grant due diligence access, adding that shareholder interests would be better served through the execution of its standalone strategic plan. They also consider that a payment of a special dividend is more likely in fiscal year 2025 and said they do not rule out the possibility of another tilt at Rightmove next year.