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The Latest Breaking News on Real Estate

Controversial Edinburgh block of flats approved as builder gives £25k to trams

Plans to demolish the building at 50 Pilrig Street and replace it with an apartment block are to go ahead despite hefty delays and over 100 comments of rejection from furious locals

Edinburgh Live

First pictures of plan to build affordable flats at Prudhoe's Ebenezer Methodist Chapel

Plans to bring new life to a historic Methodist chapel have taken a step forward

Chronicle Live

Ireland's housing crisis leaves multinationals considering building homes for workers

Housing crisis is leading Big Tech and others to consider getting their own housing for their talented staff

Irish Mirror

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read the most diverse news in one place.

Growing Gateshead property firm seals Leeds deal to signal North expansion

MCM Group was founded in 2016 by Hadrian Healthcare entrepreneur and philanthropist Ian Watson

Birmingham Post

Landlord ordered to pay £4,500 after failing to fix fire safety issues with rented flats

Christopher Harper had failed to provide gas and electric certificates, among other breaches

Wales Online

Beeston chippy says 'nothing is concrete' amid plan to turn building into flats

The shop's manager has explained the future of the eatery has not yet been decided despite the proposals being recommended for approval

Nottingham Post

Rate rises are hitting home as real incomes fall and the economy slows. What an achievement!

Weak growth anticipates worse to come, given the promise of further RBA hikes and the economy has already begun to fall

The Guardian - AU

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Australian renters swelter in ‘worrying indoor temperatures’ of up to 40C in summer

Apartments surveyed found to be above safe level on average nine hours a day as tenants cut back on cooling to save on energy bills

The Guardian - AU

Leo Varadkar 'hasn't thrown in the towel' on young people owning homes

Taoiseach Leo Varadkar told Social Democrats leader Holly Cairns that he hopes that this will be the year that the Government "turns the corner on housing".

Irish Mirror

Sadiq Khan told to consider lower rents for women due to gender pay gap

London Assembly Member Sem Moema said the policy idea could “begin to level the playing field for women” renting in the capital

Evening Standard

Chinese banks try to revive housing market with mortgages for 95-year-olds

‘Relay loans’ that can pass on to children follow other moves to make borrowing more flexible

The Guardian - AU

How rising interest rates sent the UK housing market into reverse

An end to ultra-low rates mean borrowers can only afford smaller mortgages

The Guardian - UK

House hunters say they'd 'plummet to their death' on £5.8m home's baffling 9ft-drop bed

A quirky $7 million (£5.6 million) property's suspended bed overhangs a nine-foot drop over an indoor waterfall has left potential buyers fearing they would 'plummet to their death' after rolling over in the night

Daily Mirror

UK mortgage market contracts for fifth month after Liz Truss mini-budget

Approvals at lowest since 2009 – bar during Covid lockdown – as demand for new homes continues to fall

The Guardian - UK

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The Guardian - UK

Bank of England boss signals interest rates may have peaked

But Governor Andrew Bailey says rates could rise again if inflationary pressures become embedded

Dublin Live

Car crushed after cut-down tree falls wrong way and crashes into Wicklow garden

The accident happened in Greystones yesterday evening

The Independent UK

Yousaf plans empty homes buy-back for rural and key workers

The SNP leadership candidate also vowed to support local authorities increasing council tax on empty homes.

The National (Scotland)

Humza Yousaf backs changes to council tax rates for second homes in Scotland

HUMZA Yousaf has committed to backing a rise in council tax on second homes should he win the SNP leadership race.

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news in one place.

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Daily Mirror

House prices suffer worst slump in 11 YEARS as higher mortgage rates hit buyers

House prices have fallen on a monthly basis for six months in a row, according to Nationwide which may sound like good news, however, the reason for the fall is due to higher borrowing costs for buyers

Evening Standard

Persimmon warns on profits after economic turmoil hit the housing market

Housebuilding giant Persimmon’s boss cautioned that sales rates seen over the last five months mean completions will be down markedly this year

Birmingham Post

Record year at Skipton Building Society accompanied by warning on tougher times

The country's fourth largest building society saw revenues of £1.5bn during 2022 and profits rising almost 10%

Wales Online

House prices fall by 1.1% in first annual decline for years

Prices are now 3.7% lower than their August 2022 peak

Birmingham Post

Persimmon forecasts big drop in housebuilding in 'uncertain' market

The York-based firm has reported revenues of £3.8bn in 2022

ABC News

WA home builder BGC suspends new orders as Mark McGowan denies government stimulus packages are to blame

Mark McGowan refuses to concede his government's pandemic home stimulus grants overheated WA's housing market, as thousands struggle to get new home builds finished.

Glasgow Live

Scottish Government halts controversial Glasgow flats plan for Merchant City car park

Over 140 objections were submitted in response to plans to build flats on Ingram Street with concerns raised that the development could threaten the future of a nearby music venue.

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