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The Latest Breaking News on Real Estate

Bank of England leaves interest rates on hold at 4%

City forecasters now expects no further rate cuts from the MPC until 2026

Evening Standard

Housing Secretary to speed up building in light of latest slow planning figures

Steve Reed said: ‘It’s time to build, baby, build.’

Evening Standard

'Recalcitrant' councils targeted in planning overhaul

As major state political parties back moves to speed up housing developments, sluggish councils would have no choice but to accept new projects.

AAP

From analysis to the latest developments in health,
read the most diverse news in one place.

Cash vs. Mortgage: How to Pay for Your Second Home

Should you buy your second home outright or finance it with a loan? Weigh the pros, cons and tax implications before making the leap.

Kiplinger

Mortgage Rates Dip to Year-Low as Jobs Data Disappoints

With August job growth falling short of expectations, markets drive 30-year mortgage interest rates down, opening refinance and homebuying opportunities.

Kiplinger

When Ziggy’s bond was withheld after eviction without cause from his Sydney rental, he challenged it – and won

Advocates say it should be easier to dispute bond claims, as tenants in Australia’s toughest rental markets are increasingly losing their deposits

The Guardian - AU

UK interest rates set to be held at 4% as inflation ‘uncomfortably high’

Most economists are expecting the Bank of England to keep rates unchanged on Thursday.

Evening Standard

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Barratt Redrow warns of budget uncertainty affecting property market

UK housebuilder reports 33% rise in revenue and 26% increase in profits but says possible tax and duty rises risk unsettling buyers

The Guardian - UK

Sales of new build homes in London collapse to disastrous all-time low

The capital is expected to deliver 440,000 of the government’s 1.5 million new homes target by 2030

Evening Standard

Fed Rate Cut Could Provide Relief To Households Facing Rising Costs

Households with adjustable-rate mortgages or variable-rate student loans could see relief immediately, while those with fixed-rate debt will benefit more slowly.

International Business Times

I'm a Real Estate Investing Expert: Optional 721 UPREIT DSTs Can Be the Best of Both Worlds

Before investing in any 721 UPREIT exchange, look for one that offers a straightforward, investor-friendly exit.

Kiplinger

Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

The housebuilding giant said the upcoming Budget on November 26 has added ‘additional risk’ to the outlook.

Evening Standard

NSW is overhauling its planning system to build more houses faster. What’s proposed and could it help?

Reforms increase types of projects that don’t require a development application and establish a ‘single door’ coordination agency

The Guardian - AU

Approvals turbocharged in bid to tackle housing crisis

Longstanding, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.

AAP

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news in one place.

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The Independent UK

Santander UK urges overhaul of ‘antiquated’ home-buying process

A report commissioned by Santander UK said the property market ‘sticks out like a sore thumb’ in an era marked by digitisation in daily life.

The Independent UK

Failed house buys costing Brits £1.5bn a year as government urged to fix ‘antiquated’ system

Buyers are being let down by a system that ‘drains their mental, emotional and physical health’, Santander say

The Guardian - UK

‘Forced on us’: fears for Windrush-era club as Moss Side housing plans loom

Proposed 212 flats may lead to noise complaints for West Indian Sports and Social Club, oldest venue of its kind in UK

Investors Business Daily

IPO Stock, Key Group Angles Lower After Fed Rate Cut

Spinout Millrose Properties sets up, with many homebuilders trade near buy points after the Fed on Wednesday cut rates.

Get all your
news in one place.

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Evening Standard

Calvin Harris accuses financial adviser of stealing millions for real estate project

DJ and producer’s financial adviser has denied any wrongdoing

The National (Scotland)

Rough sleeping in Scotland at worst level on record, new figures show

THE number of people who reported having slept rough before making a homelessness application is at the highest level on record, new figures show

Kiplinger

I'm a Real Estate Investing Pro: This Is What Investors Should Know About Truck Stop Investments

Truck stops might seem like good investments, but they can actually be a risky gamble due to unstable fuel prices, unreliable operators and coming changes in transportation. Instead, consider safer options like industrial or residential properties.

The National (Scotland)

Greens to force vote on tax for second homes in Gaelic-speaking communities

THE Scottish Greens are set to force a vote on increasing taxes on holiday homes and short-term lets in Gaelic-speaking communities.

The Guardian - AU

The government has laid out the perils of the climate crisis – but will Albanese meet the moment?

Grave remarks on the potential shocks to people, property and the economy are all too familiar. Putting a credible number on the emissions target is the harder part

The Guardian - US

Texas now restricts Chinese nationals from buying property. Is it alien land laws all over again?

Senate Bill 17 prohibits many people and businesses from China, Iran, Russia and North Korea from buying most types of real estate

The Guardian - UK

Chinese economy slows amid Trump trade war and weaker consumer spending

Slowing growth in factory output and retail sales prompts calls for fresh economic stimulus

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