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The Latest Breaking News on Real Estate

Spain's PM now says he wants to BAN British non-residents from buying property

‘We will propose to ban these non-EU foreigners who are not residents, and their relatives, from buying houses in our country since they only do so to speculate,’ says Spanish PM

Evening Standard

Spanish prime minister set to ban Brits from buying second homes

SPANISH prime minister Pedro Sanchez is planning to stop people from the UK buying second homes in the country.

The National (Scotland)

Wage growth accelerates to 5.6% in new headache for the Bank of England

The surge will complicate the Bank of England’s decision on interest rates next month

Evening Standard

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Thousands of London homeowners face double council tax for first time from April

Struggling boroughs are set to increase bills for some property owners in a bid to bring in more cash and help ease the housing crisis

Evening Standard

3 Real Estate Tech Stocks Reshaping the Industry

The global real estate market’s rapid growth has fueled a rising demand for robust software solutions to meet evolving industry needs. Thus, investors looking to capitalize on this growth could grab shares of fundamentally stable real estate tech stocks FirstService (FSV), RE/MAX (RMAX), and Jones Lang LaSalle (JLL). Continue to…

StockNews.com

Real Estate Debt-to-Income Ratio: What Do You Need to Know

Do you wonder how your debt-to-income ratio affects your ability to secure a real estate loan? Delve into the definition, significance, and calculation of this crucial metric. Discover how it impacts loan eligibility and terms. By maintaining a ...

USA Today Sports Media Group

Who Is Andrew Bloom: Millionaire Donates His Four Mansions To LA Fire Victims With No Insurance

Millionaire real estate agent Andrew Bloom offers his four mansions to LA wildfire victims without insurance and inspires others to donate their homes, too.

International Business Times UK

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Australian billionaires make $67,000 an hour, Oxfam says in call for tax on super-rich

Analysis shows local billionaire wealth rose by 8% last year, meaning tycoons such as Gina Rinehart make 1,300 times more than average person’s pay

The Guardian - AU

UK housing market ‘starts new year with a bang’, says Rightmove

Number of homes new to market 11% higher than a year ago, despite uncertainty over interest rates and stamp duty

The Guardian - UK

Three-quarters of councils expect to abandon or delay house building projects in blow to Labour’s plans

Angela Rayner’s flagship housing promise under threat as councils set to scrap plans to build more homes

The Independent UK

Councils warn financial constraints threaten new housing delivery

Research finds many local authorities are planning to scrap or scale back development plans due to limited resources.

Evening Standard

Why are lone homes left standing after the Los Angeles fires? It’s not entirely luck

Emails and videos of burned buildings in Los Angeles versus those still standing have been flying back and forth among architects, builders and fire safety specialists

The Independent UK

Quarter of English councils may have to sell homes to balance books, study finds

Exclusive: Social housing finance ‘crisis’ has already led 37% of local authorities to cut back on repairs and maintenance

The Guardian - UK

California officials warn against price gouging as rents soar in fire-stricken Los Angeles

Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month

The Independent UK

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The Guardian - AU

Almost 1,500 homeless Australians die prematurely each year. This family hopes the death of their loved one won’t be in vain

Advocates say they are struggling to place people experiencing homelessness in secure housing, resulting in preventable deaths

Al Jazeera

Who is Steve Witkoff, Trump’s man at the Israel-Hamas ceasefire talks?

The real estate magnate and Trump golf partner is said to have played a key role in the deal.

Evening Standard

Sadiq Khan admits concern developers are 'landbanking' London's green belt

The mayor warned against developers eyeing up land that ‘for decades has been the lungs for residents in this great city of ours’

The Guardian - UK

UK mortgage rules could be eased to increase growth

FCA also aims to change law to try to prevent a repeat of mass compensation schemes for consumers such as PPI

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news in one place.

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The National (Scotland)

Unionists slated for turning down SNP's 'ambitious' Edinburgh tourist tax plan

UNIONIST councillors in Edinburgh have turned down “ambitious” SNP proposals for a 7 tourist tax which would have seen £20 million a year put…

The Independent UK

Mortgage and contactless rules could be shaken up under FCA plans

The plans outlined by the regulator could help homebuyers to secure a property.

Evening Standard

Residents 'left to rot' next to boarded-up houses as Clockwork Orange estate regeneration stalled

Around a quarter of residents are left living on the Lesnes Estate in Thamesmead

The Independent UK

Reeves urges regulators to ease mortgage rules for first time buyers

Chancellor reportedly open to relaxing lending rules in bid to boost growth

The Guardian - UK

England’s renters are about to gain more rights, but until then landlords may exploit weak regulation even more cruelly

There are fears that landlords will capitalise on the last remaining no-fault evictions before the new scheme comes into effect, says Nick Bano, a barrister specialising in renters’ rights

The Independent UK

The pitfalls to avoid when buying a home with a friend

An expert explains the potential benefits and downsides to think about.

The Independent UK

Pakistani court sentences ex-PM Imran Khan and his wife to 14 and 7 years in prison in graft case

A defense lawyer says a Pakistani court has sentenced the country’s already-imprisoned former Prime Minister Imran Khan and his wife to 14 and seven years in jail after finding them guilty of corruption

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