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The Latest Breaking News on Real Estate

London social housing crisis costing UK economy nearly £8 billion, new research says ahead of election

‘Simple’ reform of setting rents over multiple years would help unblock new building, industry says

Evening Standard

What Is Probate, and Who Has to Deal with It?

The probate process can be a long and expensive journey for heirs. Real estate, cars and even art often trigger probate, but other assets get a free pass.

Kiplinger

Great Britain?: How We Get Our Future Back by Torsten Bell review – a roadmap to the new normal

The economist and Labour candidate for Swansea West offers a hopeful vision of the nation’s future – spurning leftwing utopianism as well as tackling 14 years of creeping decline

The Guardian - UK

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Councils move hundreds of homeless families out of London with 24-hour ultimatums

Campaign group says 319 households accepted tenancy offers outside capital in 2023, with many ‘under threat of being made destitute’

The Guardian - UK

Social rent homes in England fall by more than quarter of a million in decade

Charities have called on all political parties to address the ‘shameful record’ on social housing and build more homes

The Guardian - UK

Stamp duty threshold increased for first home buyers

Queensland's first-time home buyers will get a stamp duty discount, in a bid to get more young buyers into the market.

AAP

If home is your ‘castle’, how far can you go to defend it? In Queensland, it’s up for debate

A Katter’s Australian party petition says homeowners should be allowed to use ‘whatever force necessary’ – but experts warn of dangers

The Guardian - AU

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Tough assignment: Australian universities are desperate for more student housing, but not everyone’s on board

Institutions need more accommodation in light of Labor’s proposed cap on international students. But some councils and residents are pushing back

The Guardian - AU

Trump film 'The Apprentice' made noise in Cannes, but it still lacks a US distributor

Two weeks after its much-anticipated premiere at the Cannes Film Festival, a film about Donald Trump in the 1980s is still seeking distribution in the United States

The Independent UK

Housing market 'primed to surge' after election as interest rate cuts come into view

Is a ‘Starmer spurt’ on the way?

Evening Standard

General election: Labour pledges 'Freedom to Buy' mortgage guarantee scheme — but will it work in London?

Extending the mortgage guarantee scheme and taxing foreign property investors to pay planning officers are part of pre-election promises

Evening Standard

UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688

The Guardian - UK

Average cost of a home ‘little changed’ in recent months, says Halifax

The typical UK house price edged down by around £170 or 0.1% month on month in May, according to Halifax’s index.

The Independent UK

US dollar rallies as strong jobs report dampens rate cut hopes – as it happened

US economy created many more jobs than expected in May, but unemployment rate has risen to 4%

The Guardian - UK

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news in one place.

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Evening Standard

Demand for London rental properties plunges 28% as first-time buyers escape renting trap

London rent has become so unaffordable that rent rises are finally slowing, reports Zoopla

Newcastle Herald

Broadmeadow plan great for housing, lousy for transportation

The Broadmeadow strategy provides well for housing, not transportation

The Independent UK

Labour makes ‘permanent’ mortgage guarantee pledge to entice first-time buyers

First-time buyers could use the state as a guarantor for their mortgages under a future Labour government, the party has pledged.

The Conversation

Victoria is raising minimum rental standards – it’s good news for tenants and the environment

Following the lead of countries like New Zealand and the United Kingdom, Australian states and territories are moving slowly towards improving the basic quality and performance of rental housing.

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news in one place.

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Evening Standard

Build on the green belt to fix London's housing crisis, says think tank

London’s green belt could be replaced with Copenhagen’s ‘green fingers’ model, it was suggested at a summit this week

The Independent UK

A court ruling will allow new student housing at University of California, Berkeley’s People’s Park.

A California Supreme Court ruling will allow student housing at University of California to be built at Berkeley’s historic People’s Park

Evening Standard

Feeling flush: Could an extra bathroom add a whopping £1.2 million to your home's value?

The hottest property luxury for Londoners could be the bragging rights of an extra toilet

Evening Standard

Pressure is on for Bank of England interest rate cut as other central banks act

When will the Bank of England follow?

The Conversation

Tents, caravans and mobile homes are used after disasters, so why can’t they be solutions to our housing crisis?

There is little doubt Australia is in the midst of a profound housing crisis, one that has been decades in the making.

International Business Times

Warren O'Shea of O'Shea Builders Shares the Top 5 Things to Know Before Starting a Renovation Project

Since establishing the company in 2004, O'Shea has been upholding a standard of excellence, which is why the business earned the title of Maine's Most Awarded Remodeling Contractor.

Evening Standard

World's richest turn 'risk-on' as they pour cash into property and private equity

The world’s richest are taking a risk-on approach to investing in 2024, new research has found, as high net worth individuals swap safe havens like cash for property and private equity.

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