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The Latest Breaking News on Real Estate

Beware of the ultimate golden handcuffs: Employer-subsidized housing

As high mortgage rates make potential sellers wary of listing a home and buyers feverishly compete for disappearing inventory, some employers are stepping in to offer employees affordable housing solutions. An offer too good to refuse? It may not be as simple as that.

Tribune News Service

Self-portrait: Emma Espiner

"You never really know what’s going on in somebody else’s home, do you?"

Newsroom.co.nz

Warning over ‘relentless’ rent rises with Edinburgh average hitting £1100 per month

TENANTS are facing a struggle with “relentless” rises in rent, with Edinburgh recording the highest annual increase in the UK...

The National (Scotland)

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Flats planned for 'landmark' former hotel site – and ALL of them will be ‘affordable’

The former building was originally built as the Rectory for St Mary’s Church in Denton, first occupying the site from 1867

Manchester Evening News

Mortgage-holders say they worry they 'simply won't have any more money'

Soaring interest rates have seen people with mortgages facing big rises in their repayments

Bristol Post

Mortgage cost rises: how other countries compare with the UK

Borrowers are protected from shocks by long-term loans in US and paternalistic approach in Europe

The Guardian - UK

Grown up children still live at home in nearly a quarter of families in Greater Manchester

In Greater Manchester, 24 per cent of adult children still live with their parents

Manchester Evening News

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OPINION - Homeowners facing soaring costs shouldn’t expect sympathy from renters

Are homeowners suffering from a severe bout of main character syndrome? A decade of record-low interest rates fuelled a prolonged house price boom that was impervious even to a once-in-a-century pandemic.

Evening Standard

Dyson Purifier Humidify+Cool Formaldehyde PH04 review

Cool, clean air for the allergy-prone

Evening Standard

Tenants are now spending an average of more than 28% of their earnings on rent

It's the highest proportion seen in a decade

Nottingham Post

Rental costs now account for over 28% of earnings in decade high – report

The latest report from Zoopla revealed the proportion of tenants falling behind with rental payments has doubled to 8% in the last six months.

The Independent UK

Lisburn housing plans withdrawn after 11th hour objection

"We need to have something stipulated that objections can't be in as late as this and to make such an impact."

Belfast Live

Mortgage ‘ticking timebomb’ I warned of has exploded, says Martin Lewis

Comments come as data shows average two-year fixed rate rises to 6.07%, and five-year to 5.72%

The Guardian - UK

OPINION - The Standard View: Renters have long felt the pain hitting homeowners

As interest and mortgage rates soar, London’s renters would be forgiven for thinking “welcome to our world”.

Evening Standard

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Evening Standard

Roughly 60% of Londoners say housing crisis has worsened since last general election

Looking across the whole of Britain, the poll also showed that a majority (52 per cent) of Conservative voters believe not enough social housing is being built

Evening Standard

When will mortgage rates come down? Interest rate remains high after Bank of England update

The Bank has kept the base interest rate the same once again

The Independent UK

Prince William to celebrate first birthday as Prince of Wales as he turns 41

The future king was born at St Mary’s Hospital, Paddington, at 9.03pm on 21 June 1982

Insider UK

Scottish property developer gets £4.1 million for student accommodation

55-room development on the corner of Nethergate and West Marketgait should be finished in December

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Wales Online

The Cardiff church which has been derelict for years now hoping to reopen again

The grade II-listed Grangetown church, home to a World War One memorial window, is hoping to reopen to the community soon after extensive repairs.

Axios

America's housing shortage is keeping home prices high

The shortage has its roots in the financial crisis, and was exacerbated by the pandemic.

Manchester Evening News

Dozens of new homes to be built near Old Trafford Metrolink stop

Affordable scheme near cricket and football stadiums gets go-ahead

Manchester Evening News

Radical vision for a 160-home town centre ‘village’

Family homes are set to be built close to Bradshawgate in Bolton town centre

Daily Mirror

Brits spending more on rent than at any other point in last 10 years

According to property portal Zoopla, the average UK tenant is paying 28.3% of their yearly pay, before tax, on their rent alone

Evening Standard

Habitat for Humanity sets sights on converting disused offices and retail to homes

It’s already copleted two such conversions in the borough of Barking and Daghenham

The Guardian - AU

Australian government seeks urgent legal advice on double dissolution over housing bill standoff

Labor used question time to pile pressure on the Greens, accusing them of caring more about retweets than rentals

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