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The Latest Breaking News on Real Estate

Build to rent? The Melbourne apartments where a third of tenants are being kicked out or getting rent hikes

After only a year in their new Fitzroy homes, some tenants say they are being forced to leave with no explanation. Advocates say it shows there are still holes in rental laws

The Guardian - AU

Completely derelict Wimbledon house on the market for £695,000

Three-bedroom terraced house attracts interest despite price tag as agent describes it as a "blank canvas"

Evening Standard

Trump’s lawyers are preparing his fraud defence. He already claims he ‘won’

The former president’s lawyers begin to make their case at the trial’s halfway point

The Independent UK

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How much you need to earn to buy a house in Newcastle

'People are looking at stretching themselves financially'.

Newcastle Herald

Andhra Pradesh government issues G.O. on allotment of house sites for journalists

Andhra Pradesh government issues G.O. on allotment of house sites for journalists. As per G.O. 395, three cents of land will be allotted to each eligible journalist and the cost will be shared in 60:40 ratio. Journalists who already own a house site/flat/house etc. in their name, or in the…

The Hindu

JPMorgan (JPM) and Wells Fargo (WFC): A Look at the Road Ahead for These Banking Giants

Most traders and analysts believe the Fed is done with its rate hiking cycle. However, the central bank officials have left the door open for further rate hikes. In this piece, I have discussed the current environment of the U.S. banking industry and whether one should consider investing in banking…

StockNews.com

Cobbled together: London's best mews houses on the market now, from Belgravia to Bethnal Green

Traditionally tucked away behind grander lodgings, the picture-perfect mews home belies its humble origins

Evening Standard

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UK economy continues sideways drift with no sign of uplift

Bank of England is unlikely to cut interest rates any time soon and Treasury unlikely to cut taxes due to fear of higher inflation

The Guardian - UK

Revealed: the London boroughs where house prices have risen fastest since 2009 crash

Fresh analysis shows how much property values rose in the boom period following the global financial crisis. Here are the areas that came out on top

Evening Standard

Australians won’t experience real income growth until end of 2024, RBA forecasts

Domestic economy ‘more resilient than previously expected’, Reserve Bank says in quarterly statement

The Guardian - AU

Vulnerable people increasingly left with poor-quality supported housing – report

A lack of reliable data about the sector poses difficulties to assess or resolve problems within it, MPs said.

The Independent UK

Australian property market may soon cool as rate hikes shrink borrowing capacity

Surge in population and faltering supply of new housing had held up Australia’s property market, but rising interest rates expected to cool prices

The Guardian - AU

The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The Independent UK

Donald Trump’s lawyers ask judge to end civil fraud trial, seeking verdict in ex-president’s favor

Donald Trump’s lawyers are urging a judge to put an immediate end to the New York civil fraud trial that threatens his real estate empire

The Independent UK

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news in one place.

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Zenger

Judge Moves Forward With Trump Fraud Case With Cover From Facebook Fact Checker

An attorney accused the presiding Judge Arthur Engoron of undervaluing the Trump properties in current fraud case.

The National (Scotland)

How to check my council tax band in Scotland

Here is how council tax works in Scotland and how you can find your valuation band amid proposed second home reforms.

The Guardian - AU

Australia’s rental vacancy falls to record low as Sydney and Melbourne feel squeeze

Advocates push for limit on rent rises as PropTrack report finds vacancy rate slipped to 1.02% in October

The Independent UK

No-fault evictions hit seven-year high amid government delays to ban

Ban on no-fault evictions was missed out of King’s Speech

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news in one place.

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The Guardian - UK

No-fault evictions in England ‘soaring out of control’, say campaigners

Ministry of Justice figures show use of section 21 notices has jumped 38% in a year as promised ban stalls

The Independent UK

‘Who’s she?’: Key moments from Ivanka Trump’s testimony

Unlike her father – who gave evidence two days earlier – Ivanka Trump’s remarks on the stand were not infused with fiery rhetoric, grandiose statements or back-chat to judge Arthur Engoron

The Independent UK

‘Action needed’ as no-fault eviction court proceedings hit seven-year high

Housing charities have repeated calls for a firm timetable on when Section 21 will be abolished.

Evening Standard

Developers call for government to make cities more welcoming to women and girls

Developers are speaking out a national planning policy meeting included just one gender-related question

Evening Standard

Property giants join campaign for Hunt to restore VAT-shopping

While the number of visitors from the Gulf to Bond Street, Regent’s Street and Oxford Street is up 1% compared with 2022 their spending is down 17%

The Independent UK

Mortgage arrears jump as homeowners and landlords feel pressure from rate hikes

Some 87,930 homeowner mortgages were in arrears in the third quarter of 2023, 7% more than the previous quarter, UK Finance said.

The Guardian - UK

New mortgage deal falls below 5% in ‘watershed moment’ for UK homeowners

Nationwide’s two-year fixed rate deal offered at 4.99% as lenders jostle for customers

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