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The Latest Breaking News on Real Estate

Pradeep Raikar elected CREDAI State president

For the first time, a real estate developer and builder from Hubballi Pradeep Raikar has been elected as the State president of CREDAI (Confederation of Real Estate Developers Associations of India) and he will be sworn in as the new president in the installation ceremony to be held in Hubballi…

The Hindu

Aspects of Edinburgh short-term lets licensing plan ‘unlawful’, judge rules

A judicial review was held at the Court of Session in Edinburgh.

The Independent UK

Glasgow West End plan for more than 400 flats backed after appeal

The council originally refused permission over concerns about lack of suitable homes for families among other issues.

Glasgow Live

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Moda Living announces expansion plans for Birmingham residential project

Developer wants to boost New Garden Square scheme in Edgbaston by up to 1,600 units to rent

Birmingham Post

Planners back 35-storey tower block for Cardiff taller than any building currently in Wales

Plans for the tower block were amended to increase the height of the building

Wales Online

Edinburgh holiday flats crackdown torn up by judge

EDINBURGH’S plans to crack down on AirBnB-style holiday flats has been ripped up by a judge – less than four months before they were due to come…

The National (Scotland)

Social housing plan for Ayrshire village gets green light despite infrastructure fears

One objector said the village has very few facilities and amenities to accommodate the current population, never mind a new housing development.

Daily Record

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Police update after man seen running from house covered in blood

Two people were arrested after the suspected assault

Liverpool Echo

More interest hikes will further weaken housing market, says FTSE 250 builder

FTSE 250 housebuilder reports drop in sales as it urges government to provide support for first-time buyers

The Guardian - UK

New Kilmarnock housing scheme opens in 'high demand' area of town

Resident Mr McCluskey was delighted to show visitors from the Council around his new home at Witch Road.

Daily Record

Proposed budget cuts 'could see £7M slashed from homelessness services'

Departments across Stormont are facing cuts to their budgets and there are estimates that an extra billion is needed to maintain public services at their current level.

Belfast Live

Abandoned Edinburgh industrial estate set to be turned into luxury flats

If granted, the five industrial units would be bulldozed to make way for two larger buildings comprising of 98 flats. Councillors are set to vote on the development during Wednesday's planning meeting.

Edinburgh Live

Plans approved without question for house ‘too close’ to neighbour

Officers had suggested the neighbour could use blinds to block out the view

Liverpool Echo

Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live

Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession

The Guardian - UK

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The Guardian - AU

Afternoon Update: Record rent rises in capital cities, winter illness warning; and Shannen Doherty’s breast cancer spreads

Australia’s housing stress worsens, and the 90210 actor reveals the terminal breast cancer she has been receiving treatment for has now spread to her brain

Glasgow Live

Govanhill flats evacuated over safety fears still standing eight years later amid legal 'stalemate'

Eight flats at 37 Annette Street were evacuated back in 2016 after building standards officers deemed the building to be unsafe and concluded that it must be demolished.

Birmingham Post

Property experts remain optimistic despite challenging housing market in Wales

Surveyors said the downturn in house sales could be bottoming out

Evening Standard

London’s share of international super-prime property market takes hit in 2023

London’s super prime market was hit by interest rate rises and the Truss mini budget, according to a new report

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The Guardian - UK

‘It would really help us’: renters in the UK who want a 100% mortgage

No-deposit loan presents possible route out of rental trap to those deemed eligible

The Guardian - AU

As migrants, we were sold a home and an Australian dream of financial security. Now we feel cheated

The Reserve Bank lifts interest rates each month and Philip Lowe tells our family to slash spending. But what’s left to cut

The Guardian - AU

Australia’s capital cities record largest ever annual rent increases as housing crisis worsens

Over 40% of suburbs recorded rental increases of 10% or more in the past year, according to CoreLogic

Insider UK

Demand weakens in Scottish residential market

Further interest rate rises may mean more downward pressure on the market in the months ahead

The Independent UK

Stock of homes for sale picking up but ‘storm clouds are gathered’

May marked the strongest reading for new property listings since March 2021, the Royal Institution of Chartered Surveyors said.

The Guardian - AU

Morning Mail: ‘mortgage cliff’ looms, Keating’s Aukus email, Head start for Australia in cricket

Rate hikes mean households must find an extra $15,000 a year on average loan, FOI reveals former PM’s explosive letter, and US cities enveloped in smoke from Canada fires

The Independent UK

Land trusts offer an innovative way to help the middle class afford a home

Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children

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