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The Latest Breaking News on Real Estate

Sadiq Khan warns London faces ‘a wave of repossessions’ unless government intervenes

Mr Khan called for ‘flexibility’ in mortgage deals

Evening Standard

Self-build home guide: a how-to inspired by the award-winning Secret Garden Flat

Architect Nic Howett tells how to create the perfect self-build home using the case study of his award-winning Secret Garden Flat in London

Wallpaper

Treasurers to discuss housing supply, affordability

Housing supply and affordability will be a key issue for the federal treasurer and his state and territory counterparts as the Greens block the housing fund.

The New Daily

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

Where do people pay the most and least in property taxes?

Owning land, homes, or other buildings can be expensive — here’s where people are paying more of their income on them.

USAFacts

Rishi Sunak says he feels ‘deep moral responsibility’ to cut inflation

Prime minister to say it is imperative he ‘hold his nerve’ in commitment to half inflation

The Independent UK

Let’s not pretend Labour has found a way to defuse the ‘mortgage timebomb’

Starmer and his party seem to have concluded direct support for homeowners cannot be justified – but it’s smart politics to be seen to take on the banks

The Guardian - UK

This is how much house prices have gone up in every Greater Manchester borough

The market remains hot across the region as property costs continue to sour

Manchester Evening News

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160,000 Londoners falling behind on rent payments, analysis finds

Mayor Sadiq Khan said new polling data showed why he should be allowed to bring in rent controls, but the Government said the measure “does not work”

Evening Standard

Expert: Trump's Oman deal poses "threat"

This "gives him an opportunity to line his pocket with millions of dollars in foreign income," expert warns

Salon

Foundations buoy a new movement of renters’ activism

After years of rising rents, a group of Kansas City, Missouri, renters came together in 2019 to form KC Tenants, armed with an annual budget of $30,000 and demands for a bill of rights to protect renters from rising prices, unjust evictions, and landlord abuse

The Independent UK

CM to set in motion 2BHK allotment with Kollur project launch

The project hosts a total 15,660 dwelling units in 117 blocks, each consisting of one hall, two small bedrooms, two toilets, one kitchen and a utility within 560 square feet of plinth area and 398 square feet of carpet area.

The Hindu

Rishi Sunak warned of ‘serious shock’ for mortgage holders as Bank of England poised to raise interest rates

Experts warn 1.4m homeowners will see a fifth of their disposable income wiped out by soaring mortgage rates

The Independent UK

Edinburgh Council rejects Jock's Lodge student flats plans over community fears

It was argued that the street was in need of "major modernisation" through the new student flats however local residents fought against the plans to protect the existing 'local centre'.

Edinburgh Live

Disabled man avoids eviction after ACORN demonstration

"Before I used to be able to get out and do things but with my depression, it just makes me want to hide away"

Bristol Post

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Irish Mirror

New Love Island bombshell has crush on Irish beauty Catherine as be gushes over her special trait

The semi-pro footballer arrived into the villa on Tuesday night

The Guardian - AU

My rental agent in NSW says we are now responsible for putting out the bins. Is this a breach of contract?

Standard residential tenancy agreements usually do not mention weekly garbage – but check your agreement and seek legal advice where needed

The Guardian - AU

House prices will keep rising into next year, says Domain, as immigration boosts demand

Sydney to lead recovery with 6% to 9% increase by next June while Melbourne, Adelaide, Perth and Brisbane will come close to or beat record highs

Evening Standard

Bank of England interest rates hit 5% as Andrew Bailey says ‘We know this is hard’

Jumbo hike of half a percentage point is the 13th consecutive rise, cost of borrowing to its highest since 2008

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news in one place.

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Daily Mirror

Map shows the areas where house prices are rising and falling the most - see full list

The average house price in the UK was £286,000 in April, which was £9,000 higher than 12 months earlier. However, it was £7,000 lower than the recent peak in September 2022

Glasgow Live

Glasgow west end church demolition plans spark backlash over 'profit making' U-turn

Developers planning to turn a former church in the west end into dozens of flats have faced backlash for going back on promises to retain the building's historic facade.

Evening Standard

OPINION - Bank of England acted too late on inflation and now homeowners will pay

This morning’s UK inflation data can be described in just two words: truly horrible. With headline inflation stuck at 8.7 per cent and core underlying inflation rising from 6.8 per cent to 7.1 per cent, the Bank of England is facing a huge problem. Most thought the Bank’s key policy…

The Independent UK

King Charles wishes Prince William happy birthday with sweet photo

The prince celebrates his 41st birthday today

The Guardian - UK

1.4m UK mortgage holders face 20% hit to disposable income from rate hikes

Expected surge in costs by 2025 likely to hit people in 30s hardest, says Institute for Fiscal Studies report

Evening Standard

Londoners and under-40s hardest hit by Britain’s mortgage rate mayhem (and don’t forget renters)

Inflation refuses to budge as under-40s, renters and London homeowners feel the pain

Evening Standard

OPINION - The Standard View: Londoners feel the squeeze as inflation refuses to budge

In a sea of economic data that always seems to disappoint, today’s inflation figures may plumb new depths. The Consumer Prices Index (CPI) rose by 8.7 per cent in the 12 months to May 2023. In other words, despite all the pain of higher interest rates, inflation remains unchanged.

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