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The Latest Breaking News on Real Estate

Labour leadership accused of U-turn over rent controls

Shadow housing secretary Lisa Nandy says rent controls could contribute to homelessness

The Guardian - UK

Central Otago rates cloud has silver lining

Big district and regional council rates rises approved on the same day come after property valuations jump in the in-demand scenic locale.

Newsroom.co.nz

Burglars broke into home and were disturbed by woman who thought it was daughter

Craig Griffiths, 42, Christopher Horner, 42, and Lee Rees, 55, broke into a number properties in Pontypridd to steal items to fund their drug habits

Wales Online

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Iconic Seven Sisters towers could be SAVED from demolition

EXCLUSIVE: The housing association responsible is looking for funding to renovate the flats instead

Manchester Evening News

The volatile mortgage market and what the interest rate increases mean for you

This week, our columnist Graeme Nichols from West End Mortgages, discusses the latest mortgage increases and what it means for you.

Glasgow Live

New South Ayrshire Council chief appointed as Mike Newall takes on top job

Newall will take the reins at County Buildings in November following Eileen Howat's retirement.

Daily Record

Ibrox residents demand action from factor over 'dangerous' broken buzzer and mould

Over 60 residents of an Ibrox flat block have signed a list of demands to be met by their building's factor. It's claimed that the building is covered in mould and dampness.

Glasgow Live

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The Mancunian Way: A momentous day

PLUS 'A change is coming' AND The Shanty town by the sea

Manchester Evening News

Labour ‘clear’ on rejecting rent controls despite support from local party leaders

The Independent UK

Flip-flopping Labour slammed for scrapping pledge to bring in rent controls

LABOUR have been slammed for scrapping a pledge to bring in rent controls, just nine months after endorsing the policy.

The National (Scotland)

Homeowners forced to cut asking prices to sell homes as 5 percent mortgage rates spark 'tipping point'

Millions of people are already bearing the brunt of the Bank of England's latest interest rate hike

Manchester Evening News

Mark Drakeford explains his views on freezing rents in Wales

'We know in Scotland that it has led to a reduction in properties available for rent because people who have bought properties on a buy-to-let basis themselves face mortgages'

Wales Online

Conservatives can no longer claim to be party of homeownership, Starmer says

Labour leader Sir Keir Starmer criticised the voluntary measures in the new mortgage charter.

The Independent UK

Bargain 4-bedroom bungalow on sale for just £100k - but there's a nasty surprise inside

House hunting can be seriously demotivating, especially with all the rising house prices, but there's a four-bedroom bungalow on the market for just £100k - there is a catch though

Daily Mirror

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The Independent UK

Labour will take difficult choices on home-building – Nandy

The shadow housing secretary will also vow to ’tilt the balance of power back to first-time buyers’ if Labour wins power at the next election.

The Week

The mortgage crunch: what happens if you fall behind on your home loan?

Lenders have agreed to be more flexible towards struggling mortgage borrowers amid concerns about rising interest rates.

Evening Standard

Lights-on London: affluent areas are trying to lose their ghost town reputation — but are they getting it right?

A ‘lights out’ ghost town reputation has damaged parts of central London. Can a new wave of development bring it back to life?

Chicago Sun-Times

Horoscope for Wednesday, June 28, 2023

Avoid shopping or making important decisions from 3 to 4 a.m. Chicago time. After that, the moon moves from Libra into Scorpio.

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news in one place.

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The Guardian - AU

‘Don’t put up rubbish’ proposals for ‘crap’ housing, NSW planning minister tells developers

Paul Scully tells Property Council of Australia housing summit denser dwelling types like manor houses and terraces are key to addressing housing stock issues

The Conversation

Outer suburbs' housing cost advantage vanishes when you add in transport – it needs to be part of the affordability debate

In all the debate about Australia’s housing crisis, the impact of transport has been largely overlooked.

Tribune News Service

Ivanka Trump freed from New York’s $250 million fraud suit against family

NEW YORK — New York state’s $250 million fraud lawsuit against Donald Trump, his company and three of his children is still on track for a civil trial in October but now has one less defendant: Ivanka Trump.

The Guardian - UK

High mortgage rates forcing sellers to accept lower offers on homes – Zoopla

Research shows 42% agreeing to discounts of 5% or more on asking price – the highest level for five years

Evening Standard

London house prices fall as mortgage interest rate hikes hit buyers’ budgets

London sees annual house price drop as 15 per cent of vendors accept offers at least 10 per cent below the asking price

The Independent UK

42% of house sellers ‘shaving over 5% off asking prices to achieve a sale’

Zoopla said its view is that 5% mortgage rates represent a ‘tipping point’ for the housing market.

The Independent UK

Labour will take the difficult choices on building more homes – Nandy

The shadow housing secretary will also vow to ’tilt the balance of power back to first-time buyers’ if Labour wins power at the next election.

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