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The Latest Breaking News on Real Estate

Controversial plan to demolish Glasgow convent delayed again

Councillors met today to make a decision on the plans but it was delayed for a second time after new information was revealed.

Glasgow Live

Hungry sheep wrecking housing estate gardens after council blunder

'You can’t put a daisy in front of your house in that estate without something eating it and then c***ping it out the other end'

Wales Online

Circus company fears development could push it out of Bristol

Its current base at Premier Business Park will be transformed into student accommodation

Bristol Post

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Private landlords in England get £1.6bn a year welfare for ‘non-decent’ homes

Sadiq Khan describes figures from City Hall analysis as a scandal, with London the worst affected region

The Guardian - UK

Leo Varadkar accused of being ‘smug’ as TDs battle over parties’ housing records

Mr Varadkar accused Sinn Fein of ‘gaslighting’ young people, and claimed that Labour was suffering from a “crisis of confidence”.

The Independent UK

GOP megadonor leaps to defend Clarence Thomas over real estate disclosures

Harlan Crow says reporting about his and Mr Thomas’s friendship ‘lacks integrity’

The Independent UK

Homelessness Australia calls for increased support for young people in federal budget

The peak advocacy body for homeless services is calling on the federal government to increase support payments for renters in next month's budget.

ABC News

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Taoiseach Leo Varadkar accused of being 'smug' during fiery housing row with Ivana Bacik

Taoiseach Leo Varadkar and Labour leader Ivana Bacik went head-to-head in the Dáil as Ms Bacik criticised the Government's social and affordable housing delivery in 2022

Irish Mirror

Glimmer of hope for evicted residents of 'unsafe' apartment block

Property managers and fire chiefs in meeting

Manchester Evening News

North East construction groups launch urgent call for action on procurement process

Construction Alliance North East and Construction Industry Council North East have come together to reach out to local authorities and procurement chiefs

Birmingham Post

Drone image shows Midlothian cottage engulfed by new housing development

Planners claimed an extension to the cottage would look into private gardens of new housing, however councillors were shown pictures showing how the homes had surrounded the small stone property

Edinburgh Live

Reserve Bank minutes divide experts amid optimism and pessimism on rate hikes

"Anyone who thinks the RBA will hold rates at 3.6 per cent have some cause for concern following the release of RBA April minutes".

The New Daily

Skipton Building Society to offer deposit-free mortgages for “trapped renters”

Everything you need to know about how to get a mortgage with no deposit

The Money Edit

West Lothian housing crisis causing 'misery and despair' after half of targets missed

Housing staff are facing challenges across the service from missed targets in dealing with homeless applications to re-letting council homes.

Edinburgh Live

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Reuters

Spain to help young citizens fly the nest with foreclosed homes

Spain is aiming to help millions of young adults still living with their parents to rent their own homes by offering them properties abandoned when its housing market collapsed a decade ago.

Evening Standard

London’s rogue landlords fined a record £8.6 million by local councils in first three months of this year

A new report has revealed the worst offenders, including one landlord who illegally rented out a “squalid” apartment hidden in his extension

Al Jazeera

Cathedral of scandals: How a presidential promise divided Ghana

The $400m state-funded church has become hugely controversial in Ghana as the country struggles with an economic crisis.

Birmingham Post

Estate agent group’s profits grow amid rising rent inflation

The Property Franchise Group - whose brands include Martin and Co, Hunters and CJ Hole - said its lettings business had driven its ‘record’ results, amid a drop in property sales last year

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Salon

Rents soar — big corporations profit

Six biggest property management companies in U.S. made $1.3 billion more in 2022 on inflated rents and extra fees

Daily Mirror

Inside UK's 'narrowest house' that's still got more storage than one twice the size

Eagle-eyed house hunters are fascinated by a £300,000 property in Bristol that's possibly one of Britain's narrowest - but uses the space better than bigger homes

Nottingham Post

Beeston 'completely changed' as popular former shop is demolished

The site is set to have 41 student flats

ABC News

Queensland developing further rental reforms to improve ease of minor modifications and security improvements

The Queensland government has flagged further changes to the state's rental laws – giving tenants more power to make security modifications and decorative changes to their properties.

Tribune News Service

Pentagon sounds alarm over Biden plan for offshore wind sites

The Pentagon is sounding alarms over Biden administration plans to advance offshore wind projects along the central Atlantic U.S. coast, warning that almost all of the new terrain eyed for development conflicts with military operations.

ABC News

Dilapidated Sydney house in Greenacre offers free rent in exchange for full renovation

The premier says there's "no excuse" for the Greenacre listing but the agent says demand has been high for the uninhabitable home that requires a tenant to pay for a full renovation.

The Guardian - AU

RBA hints at further interest rate rises as minutes reveal pause was lineball

The nine board members were very close to raising the cash rate another 25 basis points in April due to inflation and labour market

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