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The Latest Breaking News on Real Estate

Ministers confirm plans to reduce London’s affordable housing quotas

Developers will qualify for fast-track planning status if they include 20% affordable housing instead of current 35% target

The Guardian - UK

Affordable homes target slashed to 20% to tackle London’s housebuilding crisis

The Government said a perfect storm of economic conditions has created a housebuilding emergency.

Evening Standard

Sadiq Khan gets go-ahead to slash affordable housing ratio to 20% to tackle London housing crisis

New target is announced by Housing Secretary Steve Reed after weeks of speculation - but critics say it won’t solve housing emergency

Evening Standard

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Meet Lightstone DIRECT: The Private Real Estate Investing Platform Raising the Bar for Individual Investors

Lightstone has launched a direct real estate investing platform for accredited investors looking for a higher pedigree manager. . For investors who are facing an uncertain environment and looking for a partner that balances rigor with direct access, Lightstone DIRECT is a compelling proposition with scale, transparency, and alignment that…

Benzinga

Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

Economic uncertainty along with possible changes to property tax are deterring buyers, says estate agent

The Guardian - UK

Could Zurich’s housing cooperatives be the solution to the rest of Europe’s housing crisis?

One in every five citizens in the city has bought a share in the company that built and owns their apartment block, says Inside Housing’s Peter Apps

The Guardian - UK

Foxtons warns of sharp slowdown in London property market ahead of Autumn Budget

Shares slump as estate agency says profits will be below expectations because of the shortfall in sales revenues

Evening Standard

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Reeves hails £500m package for homes and transport in Oxford-Cambridge corridor

The Chancellor said the Government has ‘massive ambitions’ for the area.

Evening Standard

Morning Mail: house prices surge, online grocery price premium revealed, Australia thump England

Values rise at fastest rate for four years as Brisbane takes second place behind Sydney

The Guardian - AU

The housing crisis needs better solutions than this

Letters: Readers respond to John Harris’s article about Liverpool’s housing crisis, with many people priced out of buying and having to pay high rents

The Guardian - UK

Legally binding standards to be placed on military homes under renting reforms

Housing minister Matthew Pennycook said the Renters’ Rights Bill will ensure military families have the homes they deserve.

Evening Standard

MPs ‘pushing hard’ to launch inquiry into Prince Andrew’s Royal Lodge residence

Keir Starmer indicates openness to MPs questioning Andrew in person about home he has lived in for more than 20 years without paying rent

The Guardian - UK

Luxury apartment development in Kings Cross pits Paul Keating against Morris Iemma

Keating says proposal to build a luxury apartment building, which former NSW premier’s lobbying firm is acting for, will result in a loss of affordable housing

The Guardian - AU

Australian house prices rising at fastest rate in nearly four years, data shows

Brisbane overtakes Canberra as second-most expensive housing market, after Sydney, with median prices rising by nearly $40,000

The Guardian - AU

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Evening Standard

Firms in England set for £1bn business rates hike next year

Inflation data means that the overall business rates yield on companies across England is expected to rise by 3.8% in April next year.

Evening Standard

Sales of new build homes in London collapse to just 26 in June says Land Registry

Not a single new home sales has been recorded in the borough of Merton this year

Evening Standard

South London tower block riddled with fire safety issues is earmarked for demolition

It would otherwise cost £23 million to make Marie Curie House in Camberwell safe

AAP

Rental changes end 'impossible choice' for DV survivors

Improved rental protections for survivors of domestic violence will offer them a safer pathway out of abuse.

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news in one place.

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Reason

Marc Benioff's Ideas for Fixing San Francisco Keep Getting Worse

The billionaire Salesforce CEO said Trump should use the National Guard to clean up San Francisco's streets.

The Guardian - UK

Lucy Powell urged ministers to rethink legal action against Labour donor’s firm

Exclusive: Intervention by deputy leadership contender could have saved company based in her Manchester constituency millions

Benzinga

Bill Ackman Says Mamdani Would 'Destroy The City' If Elected, But Trump Has The Country's Back

Pershing Square‘s Bill Ackman believes New York City will face wide-ranging consequences if Democratic mayoral candidate Zohran Mamdani wins the election, but he’s still optimistic on America as a whole under President Donald Trump.

Benzinga

Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

The Guardian - UK

UK office, shop and warehouse construction plunges to 11-year low as costs soar

Investment in offices falls amid uncertainty over pricing, volatile geopolitics and the economy

Evening Standard

We should all be outraged that London has stopped building homes

Reducing the affordable threshold to 20% would be a recognition of economic reality

Evening Standard

Prince Andrew hasn't paid rent on his 30-room Windsor home since 2003

Prince Andrew’s tenancy agreement for the Royal Lodge in Windsor has been revealed

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