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The Latest Breaking News on Real Estate

Mortgage 12-month grace period: what’s in it for you?

A charter has been struck between the chancellor and Britain’s biggest lenders in a bid to stave off a wave of repossessions

The Guardian - UK

Mortgage pressures will not tip UK into wave of repossessions, FCA says

After a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there will be ‘no repeat’ of 2008

The Guardian - UK

Mortgage measures ‘could help to create some breathing space’ for borrowers

Experts said the new mortgage charter agreed by major lenders is a positive move.

The Independent UK

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Valleys warehouse to be demolished and turned into block of affordable flats despite huge opposition

Councillors have approved plans for 14 flats where the WR Bishop and Co Fruit and Vegetable Wholesale warehouse is in Penrhiwfer Road

Wales Online

Jeremy Hunt unveils new bank measures for mortgage holders - but no government help

Crunch negotiations were held

Nottingham Post

New family homes open in Ayrshire village where 900 locals have asked to live

The development hopes to help tackle a 'shortfall in social housing'.

Daily Record

Forced property sales on the rise in outer Sydney as interest rate hikes start to bite

Domain data shows distressed listings as a share of the national market remain low but there’s been an uptick in outer suburban pockets

The Guardian - AU

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"Shady and corrupt" ACB real estate deal

"Endless drip" of Supreme Court dealings "underscores the need for reform," group says

Salon

Jeremy Hunt agrees mortgage support measures with banks

Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates but has resisted…

The National (Scotland)

New plans for controversial Erskine waterfront housing development revealed

Outline planning permission is being sought for the land between the Muthu Glasgow River Hotel and Kilpatrick Drive for a second time.

Daily Record

The whole thing is a scam, says variable rate mortgage holder on interest hike

The Bank of England hiked the base interest rate for the 13th time in a row on Thursday in a move set to cause more pain for mortgage holders.

The Independent UK

Going to the beach, Italian-style. Here’s how to do it

Going to the beach Italian-style is a unique experience, well worth trying at least once. Here's what happens at the bagni.

The New Daily

OPINION - The Standard View: There are bad ideas, and then there is mortgage relief amid soaring inflation

In politics there are bad ideas, then there are really terrible ideas and, finally, there are mortgage relief schemes at a time of soaring inflation. Such a policy would, as Chancellor Jeremy Hunt himself has admitted, make the current situation “worse, not better”. And yet, opportunists can sense their moment.

Evening Standard

How Bank of England base rate rise to 5% could impact people with all types of mortgage

Chancellor Jeremy Hunt and major banks agreed measures on Friday to help ease the pain of rising rates.

Daily Record

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Daily Record

Gran protests over Perth family's damp flat which has fungi sprouting from the ceiling

Perth and Kinross Council has apologised and scheduled repairs after seeing evidence of a neglected rented property that was threatening to make a mum and son ill from living with mould growth

The Guardian - US

Harlan Crow on collision course with Senate over Clarence Thomas gifts

Finance committee focusing on tax treatment of billionaire mega-donor’s gifts to supreme court justice

Birmingham Post

Northern Ireland Executive told to get back to work to prevent lights going out

Construction Group says politicians need to sort out public sector budget crisis urgently

Daily Mirror

Banks and building societies NOT hiking mortgages after rate rise - see full list

The base rate rise is another blow to people with mortgages as the cost of their homes may increase even more as these are usually linked to the base rate

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The Guardian - UK

Mortgage crisis: UK lenders agree to 12-month grace period on repossessions

Measure among three agreed at meeting with chancellor to help struggling households after sharp rate hike

Edinburgh Live

Scottish mum with 'mushrooms growing on walls' forced to move from 'mouldy' flat

A council officer who visited the flat of Helen Osbourne, 67, saw the damp and agreed that work would be carried out upstairs to fix the source of the water.

Daily Mirror

RHONY's Bethenny Frankel reacts to 'catty' remark about her on And Just Like That

Real Housewives of New York's Bethenny Frankel was mentioned during a scene on And Just Like That last night, with her having since reacted to the reference on the Sex And the City spin-off

Daily Record

Castle Douglas Development Forum plans public meeting for outdoor activity centre plans

Monday's meeting comes after councillors agreed to grant a 25-year lease for the property

The Independent UK

What can you do if you’re worried about paying your mortgage or rent?

Whether a mortgage deal is ending soon, or you’re concerned about keeping up with existing payments, options are available. By Vicky Shaw.

The Guardian - UK

UK mortgage holders to get 12-month grace period before repossessions after sharp rate hike – as it happened

Chancellor met with lenders to discuss what they can do to support struggling households

Newcastle Herald

Four scenarios on the table for Morisset as population tipped to boom

Four scenarios put forward to guide major growth in Morisset.

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