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The Latest Breaking News on Real Estate

Can we release some money tied up in our current home to use as a deposit on a new one?

My wife and I would live in the second property and rent out the other to my sister and her son

The Guardian - UK

Mortgage clinic: ‘I can’t sell my flat. Can my fiancé buy independently and get first-time buyer benefits?’

Due to strict affordability criteria, Emma Maloney has had very little interest in her shared-ownership flat — and wants to know the implications for her fiancé

Evening Standard

Struggling neighbours in Salford's 'biggest eyesore' face 'scandalous' rent hike - on Christmas Eve

"A friend said to me the other day it's 'heat or eat', and that's exactly it".

Manchester Evening News

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Homes ‘selling for three per cent below asking price on average’

Zoopla expects discounts on house to increase in 2023 due to falling demand

Wales Online

Rents, energy driving inflation: RBA chief

The head of the Reserve Bank Philip Lowe has thrown his support behind measures to boost energy and housing supply to cool inflation.

AAP

RBA governor 'sorry people listened' to interest rate advice

Greens senator Nick McKim accused the governor of "inducing many Australians to take out mortgages in the belief that interest rates wouldn't rise until 2024".

The Canberra Times

Homes selling for three per cent below asking price across the country

Last year and for the first half of 202 homes were generally achieving their asking price

Bristol Post

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'Well established' building firm accused of backpay failure

The firm and its director are accused of failing to comply with a regulator's notice to backpay a worker.

The Canberra Times

Staggering costs of council development before a single house is built

Opposition leader demands to see exempt reports to find out "who knew what and when" about project

Liverpool Echo

The Tories are tearing themselves apart over housing – but this is another crisis of their own making

Twelve years of decaying public services mean any sensible conversation about much-needed new housing is impossible, says the Guardian columnist John Harris

The Guardian - UK

The Australian suburbs that have recorded the largest value declines since COVID-19 hit

Data reveals a list of suburbs where house and unit values have slumped back to pre-COVID-19 levels. With prices tipped to fall further, is it a good time to buy?

ABC News

High-rise mortgage costs see surge in rents across the UK

House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite

The Guardian - UK

Conflict of interest: have low cash rates created the ‘everything bubble’?

In new book The Price of Time, economist Edward Chancellor explores the role central banks have played in the snowballing challenges of the past quarter century

The Guardian - AU

Londoners facing squeeze as rental prices surge by 22%: ‘It is alarming’

Londoners trying to find a rental property in the capital are now facing record average prices of £571 a week, new research has shown.

Evening Standard

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The Independent UK

The renters facing homelessness as soaring demand pushes prices sky-high

Fierce competition between would-be tenants leaves many losing out – just as inflation sends costs soaring

Irish Mirror

Eamon Ryan not ruling out return of tax breaks for property developers amid housing crisis

“I won’t rule out further measures”

Tribune News Service

Is the South Florida real estate market crashing?

2021 was a record year for real estate in South Florida, yet the last eight months of 2022 have been about the market slowing. Questions linger as to how bad the decline in the market is and whether it’s headed for a crash.

Insider UK

McEwan Fraser Legal appoints managing director

The newly-created role is aimed at leading the firm's next phase of growth

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news in one place.

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Manchester Evening News

Council house rent rises 'reluctantly' approved despite residents 'struggling badly'

“We are doing what we can but it won’t be enough."

Tribune News Service

Real estate Q&A: Does condo association have to pay for repairs after water leaked under slab?

Q: We had a water leak below the slab at our condo. We filed a claim with our insurance company which is paying for the repair. Our condo association won’t pay my deductible. Many residents have told me that since the leak was outside the condo, the association is responsible…

The Guardian - UK

Demand for rental homes in UK up by 23% in a year, as rents hit record high

Competition among tenants for properties intensified by potential buyers delaying plans and lower supply of smaller homes

Newcastle Herald

Adamstown suburb record smashed by $1.3m

The previous suburb record for a house in Adamstown was $2 million.

Irish Mirror

Average rent in newly registered tenancies across Ireland now at €1,464

The index shows that average rents for new tenancies in Dublin were €2,011 a month and outside Dublin they averaged €1,130 a month

AAP

Treasurer hosts housing investor meeting

Treasurer Jim Chalmers will meet with private sector representatives on Friday for a roundtable on housing investments.

The Times of India

Maharashtra to launch its own housing scheme for homeless people not covered under PMAY

MUMBAI: The state government will launch its own housing scheme for those left out of the Pradhan Mantri Awaas Yojana (PMAY) and Awaas plus yojana, announced deputy CM Devendra Fadnavis.

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