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The Latest Breaking News on Real Estate

Flip-flopping Labour slammed for scrapping pledge to bring in rent controls

LABOUR have been slammed for scrapping a pledge to bring in rent controls, just nine months after endorsing the policy.

The National (Scotland)

Homeowners forced to cut asking prices to sell homes as 5 percent mortgage rates spark 'tipping point'

Millions of people are already bearing the brunt of the Bank of England's latest interest rate hike

Manchester Evening News

Mark Drakeford explains his views on freezing rents in Wales

'We know in Scotland that it has led to a reduction in properties available for rent because people who have bought properties on a buy-to-let basis themselves face mortgages'

Wales Online

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Conservatives can no longer claim to be party of homeownership, Starmer says

Labour leader Sir Keir Starmer criticised the voluntary measures in the new mortgage charter.

The Independent UK

Bargain 4-bedroom bungalow on sale for just £100k - but there's a nasty surprise inside

House hunting can be seriously demotivating, especially with all the rising house prices, but there's a four-bedroom bungalow on the market for just £100k - there is a catch though

Daily Mirror

Labour will take difficult choices on home-building – Nandy

The shadow housing secretary will also vow to ’tilt the balance of power back to first-time buyers’ if Labour wins power at the next election.

The Independent UK

The mortgage crunch: what happens if you fall behind on your home loan?

Lenders have agreed to be more flexible towards struggling mortgage borrowers amid concerns about rising interest rates.

The Week

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Lights-on London: affluent areas are trying to lose their ghost town reputation — but are they getting it right?

A ‘lights out’ ghost town reputation has damaged parts of central London. Can a new wave of development bring it back to life?

Evening Standard

Horoscope for Wednesday, June 28, 2023

Avoid shopping or making important decisions from 3 to 4 a.m. Chicago time. After that, the moon moves from Libra into Scorpio.

Chicago Sun-Times

‘Don’t put up rubbish’ proposals for ‘crap’ housing, NSW planning minister tells developers

Paul Scully tells Property Council of Australia housing summit denser dwelling types like manor houses and terraces are key to addressing housing stock issues

The Guardian - AU

Outer suburbs' housing cost advantage vanishes when you add in transport – it needs to be part of the affordability debate

In all the debate about Australia’s housing crisis, the impact of transport has been largely overlooked.

The Conversation

Ivanka Trump freed from New York’s $250 million fraud suit against family

NEW YORK — New York state’s $250 million fraud lawsuit against Donald Trump, his company and three of his children is still on track for a civil trial in October but now has one less defendant: Ivanka Trump.

Tribune News Service

High mortgage rates forcing sellers to accept lower offers on homes – Zoopla

Research shows 42% agreeing to discounts of 5% or more on asking price – the highest level for five years

The Guardian - UK

London house prices fall as mortgage interest rate hikes hit buyers’ budgets

London sees annual house price drop as 15 per cent of vendors accept offers at least 10 per cent below the asking price

Evening Standard

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The Independent UK

42% of house sellers ‘shaving over 5% off asking prices to achieve a sale’

Zoopla said its view is that 5% mortgage rates represent a ‘tipping point’ for the housing market.

The Independent UK

Labour will take the difficult choices on building more homes – Nandy

The shadow housing secretary will also vow to ’tilt the balance of power back to first-time buyers’ if Labour wins power at the next election.

Bangkok Post

Bourse edges down amid global jitters

Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.

Daily Mirror

New law promises to protect families after Awaab Ishak and Grenfell Tower fire deaths

The Social Housing (Regulation) Bill - brought about after tragedies such as Grenfell and the death of Awaab Ishak - represents the most significant reform of the sector in a decade

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news in one place.

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Newsroom.co.nz

Finance Minister removes house prices from Reserve Bank remit

Newsroom is an independent, New Zealand-based news and current affairs site.

Belfast Live

Belfast Holylands landlords object to council's £100,000 alleygating scheme

Residents and councillors have expressed support for the plans, saying they will help tackle anti-social behaviour and fly-tipping

Android Central

Google highlights Pixel Fold-friendly apps optimized for foldables

Google has highlighted a bunch of third-party and first-party apps that have been redesigned for foldable phones.

Bristol Post

Man says council hostel is full of 'zombies on Spice' and he prefers the streets

“It was an absolute nightmare. I had a nervous breakdown"

Manchester Evening News

'Change is coming': Andy Burnham's stark message to rogue landlords as big changes set out to fix rental misery

"This has got to be a complete line drawn on something that should not be happening in this day and age"

Daily Record

First picture of man found dead in Glasgow flat as arrest is made

Police have now confirmed that his death is being treated as suspicious.

StockNews.com

Is Realty Income (O) a Good Buy Here?

Real Estate Investment Trust (REIT) Realty Income (O) has a record of paying monthly dividends and supports its cash flow from real estate properties. Is the stock a buy this month? Let’s look at its financial metrics to know more….

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