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The Latest Breaking News on Real Estate

Stamp duty blow to first-time buyers and second home investors

Experts said Britain’s property sector would be knocked by stamp duty changes, with an ‘overnight’ hike for second-home buyers.

The Independent UK

Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

The Chancellor has clashed with the Tories over whether her Budget would push up mortgage bills

Evening Standard

Takeaways from our reporting on Texas’ housing affordability crisis

The Texas Tribune examined the state’s housing affordability crisis and why the state has struggled to build enough homes to meet demand.

The Texas Tribune

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Woman on housing waiting list for six years given apology after being shown home that had already been taken

A woman who had been on a housing waiting list for six years received an apology from the local council after being shown around a property which had already been accepted by someone else.

Evening Standard

Glasgow roads closed after woman dies from 'serious injuries' in estate

TWO Glasgow roads have been closed after a woman died following being found with serious injuries...

The National (Scotland)

Ban on landlords evicting tenants for no good reason

Tenants would no longer be evicted without a valid reason and face softer penalties for breaking leases in reforms aimed at making life easier for renters.

AAP

Australia’s annual inflation sinks to 2.8%, the lowest rate in more than three years, increasing chance of rate relief

Electricity prices fell by 17.3% in the latest quarter, while automotive fuel also fell 6.7%, increasing the chance of near-term interest rate reductions

The Guardian - AU

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No-fault evictions banned and break-lease fees capped under sweeping reforms in Victoria

Jacinta Allan to announce additional measures designed to give people security of housing and bring ‘respect’ to rental market

The Guardian - AU

Budget 2024: What will it mean for my mortgage?

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

The Independent UK

Plan to turn Victorian-era house into 28-room 'co-living space' rejected

The plans would have seen the property in Romford Road redeveloped to include a part 3, part 2 and part 1 storey rear extension

Evening Standard

Criminals and corrupt officials may find it easier to launder money in Australia if lawyers given more powers

Law Council of Australia rejects claims the profession presents a ‘significant risk of money laundering and terrorist financing’

The Guardian - AU

Number of UK mortgage approvals at highest level since 2022 mini-budget

Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600

The Guardian - UK

Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget

Some 65,600 home loans were approved last month, 700 more than in August, the Bank of England revealed.

Evening Standard

Budget 2024: Social housing must be considered vital national infrastructure

Commentary: Supply of new social housing will continue to fall without government investment and policy change, warns G15 vice chair Ian McDermott

Evening Standard

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The National (Scotland)

How do other countries do council tax?

COUNCIL tax is a fairly unique system when compared with other countries ...

Newcastle Herald

Land offset aims to strike balance between homes and conservation

'It's maximising an area by joining bits together.'

StockNews.com

3 Top-Rated REITS for High Dividends and Growth Potential

With economic conditions stabilizing and demand rising for infrastructure, REITs present a compelling opportunity. Given this backdrop, you might consider keeping track of top-rated REITs like American Tower Corp (AMT), SBA Communications Corp (SBAC), and Alexandria Real Estate Equities, Inc. (ARE) that have attractive dividend yield and growth opportunities. Read…

AAP

'Everything points to a slowdown': property loses heat

House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.

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news in one place.

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The Guardian - AU

Australian cities are desperate for the ‘missing middle’ of housing density. But it’s not as simple as the nimby-yimby debate suggests

A more sophisticated planning approach is needed to build homes for more people while still providing greenery and open space

Reason

Another Attempt to Vanish My Posts About Kelly Hyman v. Alex Daoud—Seemingly Backed by Court Order

[UPDATE 10/28/2024 3:57 pm: The business day after the motion below was filed, the court vacated the Mar. 13 order… The post Another Attempt to Vanish My Posts About Kelly Hyman v. Alex Daoud—Seemingly Backed by Court Order appeared first on Reason.com.

The National (Scotland)

Why is council tax unfair and why does it need reforming?

Why is council tax unfair?

Evening Standard

How a "retrofit first" planning policy will make the City an even greener place to work

Last year, there were 34 major retrofit projects approved across London and half of those were in the Square Mile

The Guardian - US

‘A double-edged sword’: The Gullah Geechee people in a complex struggle over land

Residents of St Helena are divided over a proposed golf course, illustrating a wider tug of war over the island’s future

The Guardian - UK

Chancellor pledges extra £500m for social homes in budget

Treasury plans £5bn total investment in housing supply and reduction in discounts under right-to-buy scheme

The Guardian - AU

Millennials have become an electoral force. Jacinta Allan is pinning her political hopes on solving their housing woes

Victorian premier says it is ‘deeply unfair’ that home ownership is out of reach for many of the state’s young people

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