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The Latest Breaking News on Real Estate

Nationwide to pay out £100 to more than three million people this month after record financial results

A £340 million pot will be distributed to 3.4 million eligible members.

Daily Record

Average house prices jump £6,647 to new record high

The 1.8% month-on-month increase in the average asking price is the biggest of the year so far

Wales Online

Land in offshore trust worth £400k sold by Liverpool Council to Elliot Lawless for £18k

Liverpool Council sold the land to a company owned by Elliot Lawless in 2016

Liverpool Echo

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Victorian dodgy landlord register lists just 16 names after more than two years

Advocates say blacklist meant to address power imbalance is not working and renters remain unaware of rights or fearful of retaliation

The Guardian - AU

Empty homes to be used to tackle housing shortage in areas failing to hire carers

A NEW partnership has been launched that will see empty homes in Argyll and Bute being brought back into use to help to tackle the shortage of…

The National (Scotland)

Renters face health issues from poor housing standards

University researchers say a lack of regulations in Australia means some renters are being forced to live in properties which may put their health at risk.

AAP

It's not just about more homes: unpacking the housing challenges migrants face in Australia

Australia has long been a nation of migrants. Immigration is now being increased to make up for COVID-related labour shortages. The housing crisis means the new arrivals are likely to face major challenges in finding adequate housing and settling successfully.

The Conversation

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Flooding the market may not fix rental affordability

Focusing on supply to ease rental affordability pressures could be akin to "trickle-down" housing policy, a report from Prosper Australia claims.

AAP

London house prices: late spring surge gives surprising boost to property market

Confidence is slowly returning to a market nine months after it was knocked by the mini Budget

Evening Standard

Average price tag on a home hits record high in May – Rightmove

The typical asking price for a property coming to market has increased by £6,647 or 1.8% month-on-month to reach £372,894, Rightmove said.

The Independent UK

WeWork’s CEO Steps Down As The Company Struggles To Find Its Footing Seeking Profit

The coworking space company is still dealing with the aftermath of the post-Adam Neumann era as cashflow is yet to come.

Zenger

NSW government set to abolish first home buyer land tax choice

Almost 5,000 properties are locked into the previous Coalition government's signature scheme since it started late last year, but from July 1 it will no longer exist.

ABC News

Work starts to replace former Clifton college with 'fantastic' social housing and headquarters

Demolition of the former Nottingham College on Farnborough Road in Clifton began earlier this year and construction should begin in early June

Nottingham Post

Prince Andrew seemingly refusing to hand over the keys to the Royal Lodge

Andrew moved into the Royal Lodge after the Queen Mother died in 2002

Nottingham Post

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Wales Online

Gang moved £135m worth of drugs under guise of a removal company

The so-called kingpin boasted of a wealth online

The Guardian - UK

Don’t fear gentrification, those new blocks of flats can lead to lower rents

Data from the US supports Keir Starmer’s push for more housebuilding in Britain

The Guardian - UK

Green belts once served a vital purpose, but now they are squeezing the life out of cities

Keir Starmer has drawn flak for his revolutionary housebuilding plans, but history shows it can be achieved while still protecting the environment

The New Daily

Domestic abuse survivors get NSW’s pledge to help them get their own homes

Shared equity - a housing scheme where eligible people buy homes in partnership with government - is part of NSW's future, Treasurer says.

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Daily Mirror

Selling Sunset's Jason Oppenheim hails 'inspirational' ex Chrishell Stause and G Flip

Jason and Chrishell had an emotionally intense relationship that played out over season five of the hit Netflix show before she moved on with Aussie musician G Flip

AAP

Govt stake in more homes is 'part of NSW future'

Domestic violence survivors will be able to buy or retain their home through a shared equity scheme, as the NSW treasurer flags further potential expansions.

Leeds Live

Leeds underused shopping centre will be demolished

The Core Shopping Centre on the Headrow will be replaced with student flats and new retail units

Daily Record

Prince Andrew 'refusing to leave Windsor property' as King Charles has 'no power' to evict

King Charles has reportedly been trying to evict Prince Andrew from the £30million Royal Lodge with William and Kate intended as the next tenants - but the disgraced royal won't go without a fight

The New Daily

Retail numbers will shed more light on state of the economy

The shopping habits of Australian households will be on display as the national statistics bureau releases fresh retail trade data.

AAP

New retail figures to pinpoint Aussie spending patterns

Consumer spending remains relatively robust despite cost of living pressures, although some cracks have started to show.

Chronicle Live

Seven-step plan if you're struggling to pay your rent in the cost of living crisis

Your landlord or letting agent should be your first point of contact if you are not going to be able to afford to pay

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