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The Latest Breaking News on Real Estate

London affordable homes programme slashed by up to 11,000 but City Hall says Government to blame

Deputy mayor Tom Copley suggested that Liz Truss's mini-budget had played a role in increasing the programme's costs

Evening Standard

Sneak peek: Inside New Lambton luxe modernist home

The home includes a 1700-bottle wine cellar and tasting room.

Newcastle Herald

The great London renting rip-off — How prices have soared in a decade

If current trends continue, average rents will be above £2000 a month by 2033

Evening Standard

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What Is the 80% Rule in Home Insurance?

Make sure your home isn't underinsured by following the 80% rule in home insurance. Here's what you need to know.

Kiplinger

How you can invest in London property without being a homeowner or landlord

Even if you can't afford to buy your own home, there might still be ways you can invest in property

Evening Standard

At Donald Trump's civil trial, scrutiny shifts to son Eric's 'lofty ideas' for valuing a property

The spotlight at Donald Trump’s civil fraud trial turned Thursday to the former president’s son Eric, with documents and testimony suggesting the scion envisioned a “lofty” value on a suburban New York golf course where the family business proposed building luxury townhouses

The Independent UK

One in five London homes sells for £1m-plus as prime property outperforms slumping market

Data reveals the higher proportion of residential properties in the capital selling for seven-figure sums since the pandemic hammered the economy and shook up the housing market

Evening Standard

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Fewer Californians are moving to Texas, but more are going to Florida and Arizona

The number of former Californians who became Texans dropped slightly last year, but some of that slack was picked up by Arizona and Florida

The Independent UK

Ibrahimpatnam double murder, three get life imprisonment

Accused in double murder of realtor & friend awarded life imprisonment; two acquitted; three from Bihar still at large. Matta Reddy masterminded plan to grab land; hired assassins from Bihar; victims intercepted on road; Khaja fired, Bikshapathy bludgeoned; 64 witnesses examined in trial.

The Hindu

Islington: North London council to buy back 310 ex-council flats for homeless families and Afghan refugees

Council housing buy back 'one of the largest in the country'

Evening Standard

China’s Country Garden risks default after ‘missing bond payment’

Property developer denies claims founder and chair have left country amid reports it missed key deadline

The Guardian - UK

Plans to limit land ownership in Scotland given seal of approval by public

PROPOSALS to place a presumed limit on how much land the ‘super rich’ can own in Scotland have been given the seal of approval in a consultation.

The National (Scotland)

Undiplomatic impunity: Chinese embassy leaves New Zealand landlord with $900 bill

People’s Republic is granted immunity from paying cleaning, rubbish removal and key cutting tab after diplomat vacated Wellington house

The Guardian - AU

Australia’s jobless rate fell to 3.6% in September despite 40,000 full-time jobs being shed

Unemployment rate was 3.6% in September compared with reported 3.7% in August, the Australian Bureau of Statistics says

The Guardian - AU

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The Guardian - US

Keep your voice down, judge warns Donald Trump at fraud trial

Arthur Engoron gives warning after ex-president conferred aloud in court and threw hands up in frustration as witness testified

The Hindu

The furore over Karnataka I-T searches

The raids that went on for four days against “government contractors and real estate developers” in Karnataka, Andhra Pradesh, Telangana and New Delhi recovered ₹94 crore in cash and ₹8 crore worth of gold jewellery, diamonds and luxury watches, totalling ₹102 crore, the I-T Department said.

Salon

Jessel Taank is RHONY's breakout star

The British-American fashion publicist won over reality TV fans with her dry wit, humor and underdog origins

The Guardian - UK

Labour’s new towns: an environmental disaster?

Letters: David J Black and Catherine Francis decry Keir Starmer’s housing plans, while Michael Kenny outlines the positives. Plus letters from Michael Hurdle and Steve Hoselitz

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news in one place.

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The Independent UK

Donald Trump told to keep volume down after getting animated at New York civil fraud trial

A judge has warned Donald Trump and others at his New York civil fraud trial to keep the volume after the former president threw up his hands in frustration and spoke aloud to his lawyers while a witness was testifying against him

The Guardian - UK

Business rates could rise by £1.95bn in ‘bleak picture’ for UK retail and hospitality

Inflation-linked increase next year would be ‘final nail in the coffin’ for many businesses, trade bodies warn

Salon

Trump watches appraiser torch valuations

Doug Larson rejected a Trump Org exec's claim that he advised him on swollen valuations

Evening Standard

Comment: 'building Georgian-style houses won't make new homes more desirable, affordable or scandal-free'

New housing should be forward-looking, contemporary

The Guardian - UK

Barratt warns of ‘uncertain’ year as buyers struggle with mortgages

UK housebuilder’s sales also dented by absence of government’s help-to-buy scheme

The Independent UK

UK house prices ‘little changed’ from a year ago but rents show record rise

The average UK house price was £291,000 in August 2023, which was little changed from 12 months earlier, the Office for National Statistics said.

Evening Standard

Barratt warns of 'uncertain' outlook as challenging mortgage market persists

“The trading environment remains difficult, with potential homebuyers still facing mortgage challenges,” its CEO said

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