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The Latest Breaking News on Real Estate

Four out of five homes hit by a Labour mansion tax 'would be in London and SE'

Latest Budget rumours suggest homeowners could face 1% annual bill on properties worth more than £2 million

Evening Standard

Social landlords in England now forced to fix emergencies within 24 hours

New legal duties follow case of two-year-old Awaab Ishak, who died after exposure to mould in his home

The Guardian - UK

Private rent in Britain now swallows 44% of the average wage

Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises

The Guardian - UK

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Revealed: How 'chaotic' use of migrant hotels has seen Home Office 'squander' billions of pounds

Government has repeatedly cut corners and wasted taxpayers’ money with its ‘failed, chaotic and expensive’ system, damning report finds

Evening Standard

Damp and mouldy homes still an issue as Awaab’s Law comes in, campaigners warn

Awaab’s Law comes into effect forcing landlords to deal with issues of damp and mould in homes

Evening Standard

Right to buy in reverse: how Brighton is tackling its social housing crisis

The council is rolling back Thatcher’s flagship policy by buying stock from private landlords. Other local authorities should take note

The Guardian - UK

Unbridled inflation an each-way bet on Cup Day rate cut

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.

AAP

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Is it OK to cut my neighbors' overhanging bushes? I asked the experts to find out if I'm within my rights

Is it legal to trim your neighbors overgrown bushes in your yard? Here’s what the experts say.

Tom’s Guide

Prince Andrew in advanced talks about moving out of Royal Lodge, reports say

Buckingham Palace trying to increase pressure on prince to give up home for which he pays ‘peppercorn’ rent

The Guardian - UK

Once Australia’s second priciest city, Melbourne has become more affordable. What happened – and will it last?

More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings

The Guardian - AU

'Can't Pay Rent, Can't Buy a Shirt': US City Leaders Sound Alarm as Federal Shutdown Hits Local Economies

The US federal government shutdown is damaging local economies. Unpaid federal workers struggle with rent and shopping, while small businesses and public services face mounting pressure.

International Business Times UK

Governor takes aim at tax barrier to economic mobility

The Reserve Bank has set its sights on one tax it says keeps owners of big homes from downsizing and people from relocating for better jobs and pay.

AAP

Focus intensifies on Andrew amid controversy over his Royal Lodge lease

The former duke has had a peppercorn rent deal on his Windsor mansion for more than 20 years.

Evening Standard

'Scorched earth': public housing demo plan picked apart

Legal minds, engineers and residents have renewed their fight to tear down plans to demolish and rebuild a city's entire stock of public housing towers.

AAP

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The Guardian - UK

Ministers confirm plans to reduce London’s affordable housing quotas

Developers will qualify for fast-track planning status if they include 20% affordable housing instead of current 35% target

Evening Standard

Affordable homes target slashed to 20% to tackle London’s housebuilding crisis

The Government said a perfect storm of economic conditions has created a housebuilding emergency.

Evening Standard

Sadiq Khan gets go-ahead to slash affordable housing ratio to 20% to tackle London housing crisis

New target is announced by Housing Secretary Steve Reed after weeks of speculation - but critics say it won’t solve housing emergency

The Guardian - UK

Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

Economic uncertainty along with possible changes to property tax are deterring buyers, says estate agent

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The Guardian - UK

Could Zurich’s housing cooperatives be the solution to the rest of Europe’s housing crisis?

One in every five citizens in the city has bought a share in the company that built and owns their apartment block, says Inside Housing’s Peter Apps

Evening Standard

Foxtons warns of sharp slowdown in London property market ahead of Autumn Budget

Shares slump as estate agency says profits will be below expectations because of the shortfall in sales revenues

Evening Standard

Reeves hails £500m package for homes and transport in Oxford-Cambridge corridor

The Chancellor said the Government has ‘massive ambitions’ for the area.

The Guardian - AU

Morning Mail: house prices surge, online grocery price premium revealed, Australia thump England

Values rise at fastest rate for four years as Brisbane takes second place behind Sydney

The Guardian - UK

The housing crisis needs better solutions than this

Letters: Readers respond to John Harris’s article about Liverpool’s housing crisis, with many people priced out of buying and having to pay high rents

Evening Standard

Legally binding standards to be placed on military homes under renting reforms

Housing minister Matthew Pennycook said the Renters’ Rights Bill will ensure military families have the homes they deserve.

The Guardian - UK

MPs ‘pushing hard’ to launch inquiry into Prince Andrew’s Royal Lodge residence

Keir Starmer indicates openness to MPs questioning Andrew in person about home he has lived in for more than 20 years without paying rent

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