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The Latest Breaking News on Real Estate

Anger as rural homes could be swallowed up by housing development

Garden City in Bents could be surrounded by new homes after the Scottish Government overturned the council's rejection of plans

Daily Record

Housebuilder completes 21 Dorset homes for rural social housing scheme

Poole-based AJC Group has delivered the scheme in Hazelbury Bryan for housing provider Abri

Birmingham Post

Proposed plans for multi-million pound land redevelopment could create 80 new jobs

More than 80 jobs could created as part of multi-million pound plans to redevelop vacant land at Springkerse. Bluewater (Stirling2) Ltd has submitted an application to Stirling Council planners for five units and two drive thrus along with access an

Daily Record

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UK interest rates are too high and may need cut – Bank of England’s Tenreyro

Policymaker highlights split in rate-setting committee, saying inflation is on track to fall

The Guardian - UK

West Lothian residents fume as much-loved 'Garden City' to get 300 new homes

Garden City, a street of Edwardian cottages built to promote a sustainable life in open spaces could be surrounded by new homes after the Scottish Government overturned the council's rejection of plans that will double the size of the tiny community of Bents

Edinburgh Live

Number of mortgage-holders getting into arrears rose in final months of 2022

There were fewer mortgage-holders in the most serious arrears bracket than in the previous quarter and fewer repossessions, according to UK Finance.

The Independent UK

Awaab's Law: Campaign for change in tragic toddler's memory takes huge step forward as Bill amendment set to be tabled

The two-year-old died following prolonged exposure to damp and mould at his home on the Freehold estate in Rochdale

Manchester Evening News

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Police guard flats in Lanarkshire town after reports of a 'violent disturbance'

Officers are reported to have been on the scene since early yesterday morning (Wednesday)

Daily Record

Glasgow thieves stole 'absolutely everything' from home - even the carpets

A housing association said a tenant's property had been targeted and a similar crime some time ago was thought to be linked to a drug debt.

Glasgow Live

Mother and daughter driven from mouldy home for three years back in temporary housing days after return

Sabrena Rahman, 40, and her 13-year-old daughter were told their flat had been fully refurbished - but within days they were forced to leave again

The Independent UK

Repossessions double raising fears more mortgage holders could lose homes as interest rates rise

Repossessions by county court bailiffs across England and Wales rose from 313 to 733 between October and December last year — a spike of 134 per cent

Evening Standard

315 homes by Gloucester train station to be built as plans approved

Eutopia Homes has been given the green light by Gloucester City Council to redevelop the site of a former Network Rail depot

Birmingham Post

Woman 'owed £5,000' for Strawberry Place flat that hasn't been built as Newcastle United buy back land

Newcastle United's co-owners have since bought back the land at Strawberry Place where Geraldine Murphy had reserved a flat

Chronicle Live

Nationwide launches new supermarket offer giving people up to £10 cashback each month on shopping

Current account members will receive 5% cashback on supermarket spends until April 30, 2023.

Daily Record

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Reuters

In surprise, Pope Francis receives cardinal on trial for corruption

Pope Francis, in a surprise move, on Thursday granted an official private audience to Cardinal Angelo Becciu, the once-powerful Vatican prelate who is on trial for corruption and embezzlement.

Insider UK

Residential restoration of former Arnotts building completes

More than 50 flats are now available to rent through HHA and the Highland Council

Irish Mirror

Government yet to pay out any money under much-heralded vacant property refurbishment grant

A grant of up to €30,000 is available for the refurbishment of vacant properties with a top-up of a further €20,000 in the case of derelict properties

Evening Standard

House market shows signs of ‘finding a new, natural level’ as shockwaves ease after ‘disastrous’ mini-Budget

Redrow and Bellway both reveal recovering reservation rates as condfidence returns to mortgage market

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news in one place.

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Tribune News Service

As property prices retreat, top economist isn’t expecting recession

The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.

Tribune News Service

Michigan, Metro Detroit outpaced nation in economic recovery, report says

Michigan and Metro Detroit have outpaced the nation's economic recovery in the wake of COVID-19, according to the Detroit Regional Chamber's State of the Region report released Wednesday.

Tribune News Service

Pro-housing advocates are suing these Bay Area cities to force planning for more homes

Housing advocates tired of the Bay Area’s foot-dragging efforts to plan for more homes amid an intensifying housing crisis are taking matters to the courts.

Orlando Sentinel

Will Disney, Universal affordable housing projects lead the way for more?

As Walt Disney World and Universal Orlando help build affordable apartments for employees and the public, questions remain about who is going to get to live there and what other local businesses, if any, will follow suit.

Manchester Evening News

Agencies demanding £50 an hour or more for staff forces council to change plans

Bolton Council is finding 'exceptional challenges in meeting statutory enforcement requirements' on housing

Insider UK

Scotia Homes reports recovering profit of £4.4 million

Ellon-headquartered housebuilder's turnover also reached £40m - 21% ahead of the previous financial year

Daily Record

Dumfries and Galloway social housing landlord set to increase rents by up to seven per cent

Loreburn Housing Association is also warning of “a bleak prospect of underfunding in homes” and deferring investment plans

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