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The Latest Breaking News on Real Estate

Hargreaves Land deal paves way for major mixed-use scheme for Lincolnshire

Hundreds of new homes as well as high-value employment, community and leisure space will be created at Lincolnshire Lakes

Birmingham Post

‘Mortgage stress’: New home owners squeezed hardest as repayments skyrocket

Many new homeowners could see half their incomes consumed by mortgage repayments in coming months as the RBA hikes rates.

The New Daily

Ghost shopping mall to be demolished before concrete redevelopment plans are agreed by council

The site was earmarked by the last administration for a replacement for the Citadel Leisure Centre.

Daily Record

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read the most diverse news in one place.

Students claim they had to flee their mouldy rented house after the ceilings collapsed twice

A lettings agency has suggested one or more of the students was to blame for the leaks, a claim the occupants deny

Wales Online

71% fall in number of interest-only mortgages outstanding since 2012

The stock of outstanding interest-only mortgages fell by 8% in 2022, compared with the end of 2021, UK Finance said.

The Independent UK

Wealth management giant St James's Place signs decade-long deal for new Spinningfields office

St James's Place is a FTSE 100 company

Birmingham Post

Bargain Scots flat goes on sale for same price as garage in London

The one-bed property in Alexandria, West Dunbartonshire, requires some TLC but could turn a tidy profit for the right buyer.

Daily Record

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Bristol tenants facing ‘Wild West’ rental market, says mayor

Marvin Rees said there is a need for rent controls in the housing market as private tenants face some of the highest prices outside London.

The Independent UK

Mortgage costs could rise by an average of £2,900 a year for 800,000 people

The Resolution Foundation predicts that the Bank of England's base interest rate could peak at nearly 6% by next year - currently, the base interest rate is 4.5%

Daily Mirror

Government 'considering prioritising British citizens for social housing list'

There are currently more than one million people waiting for social housing

Manchester Evening News

Clowes completes three warehouse units in north Nottingham

'With one occupier already lined up... we are looking forward to watching the business park flourish'

Birmingham Post

‘This is going to sting’: What would a mortgage crisis mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK

Sunak says no extra help with mortgages as fixed rates climb to 6%

Prime minister says no new support available for households struggling to pay loans

The Guardian - UK

Government's housing fund legislation delayed by Greens-Coalition alliance

The Greens and the Coalition have teamed up again to present a vote being taken on the government’s $10 billion Housing Australia Future Fund.

The Conversation

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Wales Online

Maindy Park land swap application to pave the way for new school is 'immiment', says Cardiff council

If approved by the Charity Commission, the land swap will pave the way for a new school

Evening Standard

Average two-year mortgage interest rate hits 6% as Rishi Sunak rules out homeowner help

The average 2-year fixed rate mortgage rate climbed to 6.01% on Monday in a fresh blow to homeowners and first-time buyers

Evening Standard

Average price tag on homes coming onto market falls for first time this year, says Rightmove

The spring price bounce has quickly turned into an earlier-than-usual summer slowdown, Rightmove said

Evening Standard

Crackdown on holiday lets urged as the number of second homes in London soars

Alarm sounded as official figures show many boroughs have seen huge rises in registration of domestic properties as non-primary residences since 2019

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news in one place.

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AAP

Turfing brick cottages for units made easier in NSW

Bypassing council approval for new housing developments will be opened to more builders in NSW as the state tries to address a chronic housing shortage.

Bangkok Post

Anti-corruption organisations should publish ways to protect, conceal and guard "Whistleblowers - Corrupt Discloser"

The President of the Home Builder Association proposed that the Anti-Corruption Organisation be open to everyone to combat corruption, create a convenient complaint way and be ready to publicise methods to protect-conceal-guard "Whistleblowers - Corrupt Discloser". The association recommended to create an online construction application and one-stop service in the…

The Guardian - AU

Greens and Coalition put Labor’s housing fund in a deep freeze sparking threats of double dissolution election

Labor’s Don Farrell warns the government will regard the delay until October as a ‘failure to pass’ the bill

The Independent UK

£82 fall in the average price tag on a newly-marketed home in June – Rightmove

The spring price bounce has quickly turned into an earlier-than-usual summer slowdown, Rightmove said.

Newcastle Herald

Top FOMO suburbs: where no one is selling and demand is high

See our list of all 99 suburbs in Newcastle and Lake Macquarie

Daily Record

Prince William's SIX key royal revelations in rare interview with the media

The Prince of Wales gave a rare press interview as he confronted awkward questions about the perception of the Royal Family and why he doesn't open up his royal residences to the homeless.

AAP

Plea to pass housing fund after new funding pledge

Housing groups have called on the parliament to pass the multibillion dollar housing fund bill ahead of the long winter break.

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