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The Latest Breaking News on Real Estate

The Cardiff entrepreneur who grew up in foster care with nothing and now owns homes worth millions

Rahim Bah arrived in the UK with no money and unable to speak English. Now he has launched a new business to help those struggling financially go on holiday.

Wales Online

Children, 3 and 11, among four people found dead in flat as cops launch investigation

Cops rushed to a property in Hounslow, west London, yesterday after reports of concern for the welfare of the occupants.

Daily Record

More mortgage misery as average bills to rise £2,900 next year

Homeowners facing ‘mortgage crunch’ next year as lenders hike price in response to rising interest rates

The Independent UK

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Greens push for more change after PM’s $2bn social housing pledge

Max Chandler-Mather says the Greens will keep pushing for a freeze and caps on rent increases

The Guardian - AU

What are the best options if you are looking for a mortgage?

With interest rates predicted to rise again and cost of fixed-rate deals on the up, here’s what you need to know

The Guardian - UK

NSW to redevelop public housing in inner Sydney

The NSW Labor government is redeveloping public housing in inner Sydney to accommodate more people, as the numbers of those sleeping rough in the CBD soars.

AAP

New Nottinghamshire homes on hold as housebuilder put up for sale

The group was also due to build hundreds of properties on the Boots site

Nottingham Post

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Mortgage crunch ‘on track to increase annual household bills by £15.8bn by 2026’

Annual mortgage repayments are set to rise by £2,900 for the average household remortgaging next year, the Resolution Foundation said.

The Independent UK

Why is Melbourne’s housing still so much cheaper than Sydney’s?

Whether they buy or rent, Melburnians on average spend far less on housing, enough to entice Sydneysiders south

The Guardian - AU

Labor pledges $2b extra for housing as bill stalls

PM Anthony Albanese has upped the ante on housing spending, proposing a new $2 billion fund as the Greens block a key election promise.

The New Daily

Public housing needed as charities face surge in demand

Staff at Sydney's Wayside Chapel are calling for an increase in public housing, saying those in need are spending almost all their income on rent.

AAP

'Major over-development': New EastEnd design under fire for increased building height

Iris Capital has lodged a development application which seeks to change elements of the EastEnd concept plan approved in 2017.

Newcastle Herald

Labor pledges $2b extra housing support as bill stalls

Prime Minister Anthony Albanese upped the ante on public housing spending, announcing a $2 billion fund as the Greens block a key election promise.

AAP

Is EV charging the new hot amenity for apartments and offices?

Real estate is ready to get plugged into the electric vehicle revolution.

Tribune News Service

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Manchester Evening News

Plans revealed for new 'high quality' apartment block - but none of them will be 'affordable'

he proposals would see a six-storey building built on the Old Churchgate Autos site - at the corner of Churchgate and Wellington Street.

Bristol Post

Last days of Paramount as car dealership makes way for student flats

It sold used cars to the people of South Bristol for almost 50 years

Wales Online

The last two prime waterfront land sites in Cardiff Bay have been bought

The derelict land sites next to the Senedd building have been bought by Rightacres Property

Glasgow Live

Glasgow home-owner loses appeal over plan to use flat as short-term let

The council ruled planning permission was required for a change of use and a Scottish Government-appointed reporter backed the decision.

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Manchester Evening News

Warning over house sales this summer as mortgage rates rise again

Property experts say rising interest rates are continuing to dampen the housing market

Birmingham Post

UK Land Estates puts Portrack Retail Park up for sale with price tag of at least £6.77m

The site is home to big names such as Howdens and Tile Mountain

The Guardian - AU

Labor announces $2bn for ‘thousands’ of new social rental homes and passes motion to make housing a human right

Prime minister Anthony Albanese also lambasts Greens over Senate stalemate, saying they are ‘happy to promise the world, while organising a petition against every new apartment building’

StockNews.com

1 Healthcare REIT to Keep an Eye on, 2 to Avoid

Healthcare REITs are poised to benefit from the growing healthcare industry. However, the sector is exposed to leverage and interest rate risks, among other risks. Amid this, investors could add quality healthcare REIT National Health (NHI) to their watchlist for reliable income and capital appreciation. Conversely, Welltower (WELL) and Healthcare…

Birmingham Post

Last prime waterfront land sites in Cardiff Bay acquired

The land next to the Senedd building has been acquired by Cardiff property development firm Rightacres

Birmingham Post

People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include

The Independent UK

Mortgage rates: Is there more pain to come for households?

Here is a look at what is behind recent mortgage rate rises and what is predicted to happen next.

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