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The Latest Breaking News on Real Estate

Worst mortgage stress since GFC as Reserve Bank board ponders rates hike

Another 30,000 Australians could be thrown into risk of mortgage stress if the RBA raises interest rates again.

The New Daily

New mortgage pain as lenders shake up deals

The surge in mortgage rates has come after inflation proved more ‘sticky’ than expected

Evening Standard

Bill could spring more Cook County properties from tax sale maze

A measure sent to the governor would let public agencies take action on vacant homes before they get lost in Cook County’s tax sale process.

Chicago Sun-Times

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What is behind a rise in evictions and what does it means for the rental sector?

No-fault evictions are on the increase even as the Government prepares to ban the practice.

Evening Standard

Cotswolds holiday homes rental business reports record month

Gloucestershire business StayCotswold said it secured its highest letting income and guest numbers for a single month in May

Birmingham Post

How Two Tax Laws Make REITs More Tax-Friendly

Taking advantage of the return of capital (ROC) and Tax Cuts and Jobs Act rate reductions can significantly reduce the taxes on REIT distributions.

Kiplinger

Brothers face jail for construction firm £7m tax fraud used to buy boats, cars and holiday homes

Mark Stead sucke his wife, brother and others into the £7m tax fraud.

Daily Record

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Mortgages: UK lenders continue to raise rates and pull deals

Record 19% of all loans taken out by first-time buyers in March were for 35 years or longer

The Guardian - UK

Selling Sunset’s Jason Oppenheim is single again

The pair met in Mykonos, Greece last summer and had already moved in to a home together

The Independent UK

OAPs fear becoming homeless after 'banking error' linked to Scots home sale 30 years ago

Bernard Lockett, 78, claims he and his wife Lea, 73, lost tens of thousands of pounds due to the high street bank's financial "mismanagement".

Daily Record

Ballarat real estate agent Richard Hayden admits stealing from clients to give dying wife good end to life

A court hears that Richard Hayden used money that should have gone to clients for their home deposits to pay for luxury holidays and medical bills for his dying wife. It brought an end to an almost 100-year-old family company.

ABC News

We can’t get a mortgage to help us buy a listed property. Should we find another way?

The seller failed to get conversion warranty but bought retrospective one, while broker suggested secured loan to us

The Guardian - UK

Bye Singapore, hello Malaysia: Expats chase cheaper living costs

Lower living costs in cities such as Kuala Lumpur and Ho Chi Minh are attracting some expats away from Singapore.

Al Jazeera

Major new Nottingham road network for huge new 3,000 home housing development

The new road network has been designed to create a signalled entrance into the housing development

Nottingham Post

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The Conversation

Labor and the Greens don’t get along. Here’s why

Relations between a centrist Labor government feeling its way and an ascendant Greens party have become surprisingly strained of late.

The Hindu

As more opt for their own private space, senior living real estate segment opens up

Belfast Live

Over 45,000 now on social housing waiting list in Northern Ireland

Nearly 600 people have been added to the list in the past year

Newsroom.co.nz

How to help young people buy a home

Cashed-up parents and governments hold the key to helping a generation of Australians buy a home

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news in one place.

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Daily Mirror

Inside 2,000 home 'ghost' estate set to be demolished with just 30 families left

The Aylesbury Estate in Wandsworth, south London, was once home to thousands of people, but it's since been earmarked for demolition and described as a "ghost" complex

Daily Mirror

Flat owners told to pay £11,000 for £1.2million repairs despite service charges

Residents in Marine Crescent, Folkestone, have been ordered to pay £11,000 for repairs described as essential - despite already paying a service charge they say should be enough

The Guardian - AU

Can your suburb help fix Australia’s housing crisis? It all comes down to density

Despite adding millions of people and dwellings over the past decade, our cities are well behind globally in terms of population density

The Guardian - UK

Holiday lets nearly negate supply of new homes in tourist areas, study shows

Campaigners say second homes and holiday lets are taking homes away from residents in hotspots such as Devon and Cumbria

The Independent UK

Selling Sunset’s Jason Oppenheim is single again

The pair met in Mykonos, Greece last summer and had already moved in to a home together

The Guardian - UK

UK property market lacks spring bounce but a crash is unlikely

It’s reasonable to expect a fall in nominal house prices of at least 10%. That’s a chunky fall – and a welcome one

Wales Online

Wales' holiday home crackdown is attracting 'disgusting' tourists with 'no manners and no kindness'

Diners allegedly threw plates at a female member of staff and told her to “f*** off'

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