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The Latest Breaking News on Real Estate

Forced sale concerns for 43,000 mortgage holders: survey

Around 3 percent of mortgage holders face the very real possibility of a having to sell over the next year as a result of higher interest rates.

Newsroom.co.nz

First Oxford Street M&S, now Euston Tower: don’t pull them down, renovate

Plans to redevelop London’s 36-floor Euston Tower would save 25% of the old building. That’s better than most – but the climate emergency requires a more radical rethink of construction

The Guardian - UK

Why Belfast is a magnet for Dubliners put off by city's soaring rents

"I reached the point where I realized there was no other way"

Belfast Live

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The town with lots going for it that's still affordable - but house prices are rising fast

An influx of buyers are flocking to Rochdale as a more affordable alternative to Manchester, Stockport and Trafford

Manchester Evening News

Development on edge of Bristol will be 100 per cent affordable and includes garden centre and café

A new GP surgery is also still part of the plans

Bristol Post

Thinking behind Reserve Bank's 'hawkish pause' on show

Reserve Bank boss Philip Lowe will this week give a speech after keeping interest rates steady in July and the big four banks will be grilled by politicians.

AAP

Greens MP labels attacks over housing a distraction

Greens MP Max Chandler-Mather says personal attacks against him are a political distraction, after the government's housing bill was held up for debate.

AAP

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Crypt-flation: the rising costs of graves and mausoleums in Melbourne

Burial plots have been dubbed some of Australia’s most expensive real estate. Prices are soaring

The Guardian - AU

'Popular' Nottinghamshire town named one of UK's 50 most desirable areas

One leafy Nottinghamshire suburb is the only area the East Midlands to make it into the top 50 list

Nottingham Post

Tax-Advantaged Qualified Small Business Stock

If you own stock that meets the qualified small business stock (QSBS) rules, up to 100% of the gain on the sale of the shares is tax-free.

Kiplinger

Gary Neville on why St Michael's development doesn't include affordable housing - and why the huge project is the biggest risk he's ever taken

The St Michael's scheme is expected bring £120m investment to the city and create more than 3,000 jobs

Manchester Evening News

Real estate Q&A: What makes a great tenant?

Q: We found our first rental and love the neighborhood. It wasn’t easy to find an appropriate home, and moving was not fun. The landlord seems excellent so far, and we want to stay here long-term to avoid the hassle of doing it all again in a year or two.…

Tribune News Service

He had a plane to himself after an 18-hour delay. What happened next was a wild ride

Phil Stringer was the only passenger on his long-delayed flight from Oklahoma City to Charlotte, N.C. He credits crew members for their positive attitude — and is planning a trip to visit them soon.

WEKU

Fresh fears for house prices after fastest drop in 12 years

Average home loses 2.6 per cent of value as Bank of England warned not to ‘tank’ mortgage market with interest-rate rise

The Independent UK

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Liverpool Echo

Owners of stalled Knowsley estates could be given deadline to finish building

The council has previously prosecuted the company for failing to deal with rubbish building up at the sites

Birmingham Post

People on the move: key North East appointments and promotions

Companies included in this week's round-up include Barratt Developments North East, Paragon, Opencast, SMD and Society Matters CIC

Birmingham Post

Work starts on £5.5m revamp of Birmingham office block

St Philips Point is undergoing major facelift to create new office space and has also been rebranded Arca

Chronicle Live

Bungling burglars caught red-handed stealing cash and gold during Tyneside house raid

Anthony Coyles and Ross Clancy managed to escape from the homeowner but were caught on CCTV

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Belfast Live

Pret a Manger set to open first store in Northern Ireland

The coffee chain is the latest in a number of franchises to announce their arrival in Northern Ireland

Bristol Post

Save Jacobs Wells Baths campaigners criticise Bristol City Council for putting historic building up for sale

Deputy mayor insists a community asset transfer process is still ongoing

Daily Record

Residents in Cornton housing estate call for developers to swing into action over playpark

The issue has been dragging on for several years, with residents left frustrated by a lack of progress.

Birmingham Post

Developer behind 171 apartment build-to-rent scheme in Leicester wins £25m backing

'We look forward to seeing the Hylyfe Leicester scheme flourish alongside Hylyfe Nottingham which is already progressing'

Daily Mirror

'I got kid's birthday party shut down - his parents could be evicted from home'

A man has divided opinions after shutting down a child's birthday party because the parents broke the rules at the apartment complex by having loud music, alcohol and hogging the hot tub

Birmingham Post

Northern Ireland housing market ekes out gains amid UK-wide slide

The province was one of only three UK regions to record gains in June

Evening Standard

Prolonged property slump looms as interest rates expected to top 6% until 2025

“ Our prediction for an 11% decline in residential house prices over 2023 doesn’t now seem so far away,” one expert said

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