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The Latest Breaking News on Real Estate

Mortgage mayhem explained: Why are rates rising and what should you do now?

Mortgage rates are rising, spelling more misery for millions of homeowners across the country - but why are deals getting more expensive and what should you do next?

Daily Mirror

‘No alternative’ to interest rate rises for lowering inflation - Chancellor

Households are braced for a further increase in rates from the Bank of England next week

Insider UK

Prince Andrew will be able to stay in Royal Lodge thanks to 'Queen's prior arrangement'

The Duke of York is currently battling with King Charles to keep his royal home of 20 years but it's been alleged that Andrew will win the fight thanks to the inheritance money Her Majesty deliberately left him.

Daily Record

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Edinburgh holiday flats 'contribute less to the economy than residential homes'

A report to the council found that Short Term Lets were not as valuable to the city as residential homes.

Edinburgh Live

Major Stan Kroenke announcement made as Arsenal owner strikes huge agreement

Arsenal news: Stan Kroenke has continued his desire to invest in real estate with another multi-billion agreement in San Diego

Football London

Plans tabled to convert Newcastle city centre retail space into 'aparthotel'

A café/restaurant venue is also proposed for the empty Clayton Street space

Birmingham Post

Mortgage mayhem: London homeowners feel pain as repayments soar

Analysis for the Standard shows London homeowners face annual mortgage payments sky-rocketing by as much as £8,000

Evening Standard

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£9m deal struck to regenerate Deans South 'ghost town'

Construction of new homes will begin in the summer

Daily Record

Prince William and Kate forced to continue living in their 'small' Windsor home

The Prince and Princess of Wales were earmarked for Prince Andrew's Royal Lodge home that he refuses to leave but it's been revealed that the family of five will probably still be living in Adelaide Cottage for many years to come.

Daily Record

Portstewart hotel to be turned into apartments after Council green light

All apartments have private balconies or terraces, assigned storage units and there is a communal roof terrace

Belfast Live

For College Financing, Consider an Income Share Agreement

Student loan debt can be crippling, especially if you don’t get a high-paying job. An income share agreement, or ISA, could be a step in the right direction.

Kiplinger

Scottish Building Federation names new president

New leader promises to represent member interests around skills and green jobs

Insider UK

Former Bath Press premises on the market for mixed used residential development

The scheme proposes a mix of 247 apartments and 30 townhouses

Birmingham Post

The average detached home in London costs more than £1 million — here are 10 for sale from £475,000

Bombarded by noise from all sides, at all times? These detached London homes for sale would make neighbour relations a breeze

Evening Standard

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Chronicle Live

South Tyneside College in new talks for major housing development after Bellway Homes deal fails

South Tyneside College is in talks with another housing developer interested in buying the site

The Conversation

Building in the same old ways won't end the housing crisis. We need innovation to boost productivity

Have we reached peak affordable-housing-debate in Australia? Or is it a case of that old mountaineering saying: the fog is thickest just before the summit?

The Hindu

I-T officials search offices and houses of BRS MP, two MLAs

On June 14 morning, bout 70 teams of the I-T department along with central security forces landed at the residences and offices of the three prominent BRS leaders to search for alleged tax evasion and illegal cash transactions in their businesses.

Bristol Post

Debenhams plan is a 'f***ing insult to Bristol' rages former mayor

There is a mixed response to the plan to demolish the department store and build a 28-storey block of flats in its place

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news in one place.

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AAP

Steep rate rises cleared for NSW councils

Some NSW councils will be able to increase rates this year by more than a third as many local governments struggle with financial pressures.

The Guardian - UK

Record number of renters seeking help with no-fault evictions

Citizens Advice says landlords may be issuing section 21 notices before practice is banned in England

Nottingham Post

Renters’ protections loopholes ‘could see tenants evicted by the backdoor’

The Government has pledged to ban no-fault evictions - but landlords would still be able to force tenants out under certain circumstances

Kiplinger

Boost for Homebuyers From Unchanged Interest Rates

A steady Fed rate means mortgage rates might stabilize in a tight housing market.

The Conversation

To deliver enough affordable housing and end homelessness, what must a national strategy do?

The Albanese government came to office promising action on housing. Its A$10 billion Housing Australia Future Fund is now stuck in the Senate, with the Greens demanding more ambitious funding and reforms. The government is also working on its promised National Housing and Homelessness Plan.

USA Today Sports Media Group

A Mexican paradise highlights this list of stunning golf properties available now (June 2023, Part I)

Several of these are must-see.

The Independent UK

‘This is going to sting’: What will mortgage chaos mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

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