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The Latest Breaking News on Real Estate

Nationwide’s £100 payouts labelled ‘unfair’ by some customers

Longstanding members angry at being excluded from £340m cash giveaway, which starts next week

The Guardian - UK

Cracked floors, bowed walls: Many warnings but no action at Iowa building before deadly collapse

It seems everyone from the structural engineer to city officials to tenants had concerns about the 116-year-old Davenport apartment building

The Independent UK

A million good lucks: California family finds over 1m copper pennies

John Reyes and his family were cleaning out his father-in-law’s home when they made the surprise discovery

The Guardian - US

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Key Paxton donor charged with 8 felonies

Texas real estate investor Nate Paul charged with making false statements to financial institutions

Salon

Bank of England interest rates announcement to be made in June - what to expect

Experts have warned that inflation may not have fallen low enough to prevent another hike in interest rates

Manchester Evening News

2 Homebuilder Stocks to Buy Today, 1 to Sell

Despite interest rate increases and prevailing market uncertainties, the housing market's long-term prospects remain positive. Thus, it could be wise to consider buying fundamentally sound homebuilder stocks Lennar Corp. (LEN) and Tri Pointe Homes (TPH). However, one could avoid Cyrela Brazil Realty S.A. (CYRBY) due to its weak fundamentals. Continue…

StockNews.com

Newcastle United confirm new St James' Park development after announcing Sela deal

Newcastle United are preparing to start work on improving the area outside St James' Park

Chronicle Live

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Nate Paul charged with 8 felony counts of making false statements to financial institutions

The Austin real estate investor was a central figure in allegations that led the Texas House to impeach Attorney General Ken Paxton last month. One of the charges against Paul has ties the impeachment allegations.

The Texas Tribune

‘Rich Dad, Poor Dad’ Author Warns Of ‘Greatest’ Real Estate Crash Ever: ‘2023 Will Make 2008 Look Like Nothing’

The commercial real estate market is hanging on the edge of a precipice

Zenger

Neighbours worried over house built 'too close' are advised to 'use blinds'

Despite concerns over privacy, the build has been deemed accpetable

Wales Online

Interest rate hikes have barely begun to hit households, top economist warns

“Higher interest rates will soon bite harder”

Evening Standard

New flats for Nottingham rough sleepers saved after inflation pushed project to 'edge of viability'

The new flats in Forest Fields are set to provide a "sanctuary" for those who have been on the streets

Nottingham Post

New build horror as 36 houses face demolition - as neighbours left fearing for homes

Residents in an upmarket housing development close to the centre of Cambridge have been left fearing for their own properties after developers have confirmed that 36 newly built homes will have to be demolished

Daily Mirror

People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include Gentoo Group,

Birmingham Post

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The Independent UK

Texas businessman tied to impeachment of Attorney General Ken Paxton to appear in federal court

A businessman at the center of the scandal that led to Texas Attorney General Ken Paxton’s historic impeachment is set to make an initial appearance in federal court following his arrest by the FBI

Dublin Live

New plans lodged for controversial Cross Guns Bridge development

Daily Record

Thousands of Stirling kids still waiting for social housing as new figures laid bare

The figures were revealed through a Freedom of Information request.

Daily Mirror

DWP housing benefit 'not enough' to cover skyrocketing private rents

Analysis has revealed that fewer than one in five private rental properties in England were viable within the current local housing allowance rates

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Evening Standard

Landsec plans new tower in the City as central London office demand edges up

Demand for central London offices has edged up new figures show, as property giant Landsec became the latest firm to make a fresh bet on employers upgrading to more ‘green’ workspaces.

The Guardian - UK

Tories can rule out any pre-election feelgood factor from property market

The question is not whether UK house prices will continue to fall but how big the drop will beBusiness live – latest updates

The Guardian - US

Texas Republicans turn on their own in attorney general impeachment scandal

Twenty articles of impeachment have been brought against Ken Paxton – could Texas politics see a historic toppling?

The Independent UK

Kaley Cuoco reveals she used a body double for sex scenes in new crime-comedy series

‘I’m past that. I’m not doing that anymore,’ 37-year-old said of sex scenes

Birmingham Post

Northern Ireland house prices defy pressure to edge higher

Halifax pegged the average house price at £187,334 in May

The Guardian - UK

Mortgage turbulence continues as HSBC pulls deals; UK house prices ‘to fall 10%’ – business live

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

Nottingham Post

'Attractive' 196-home Kirkby-in-Ashfield plan set to be approved in area with 'serious' housing need

The project would be on the site of a farm

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