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The Latest Breaking News on Real Estate

Interest rates hiked to 4.25% but Bank of England ‘hopeful’

The quarter-point rise comes amid growing talk in the City that rates are now near their peak

Evening Standard

Interest rates hiked to 4.25% in more misery for borrowers - what it means for your money

The latest interest rates decision was decided today by the Monetary Policy Committee (MPC) and comes off the back of inflation unexpectedly jumping to 10.4%

Daily Mirror

Dangerous levels of damp and mould reported in hundreds of privately rented homes across London

Research reveals the huge volume of complaints made to London councils over the presence of damp and mould in rented homes

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Transport strikes hit rebound in London office occupancy levels

Hybrid working has become very popular post-pandemic

Evening Standard

Residents up in arms about plans for 'wellbeing village’ with 265 homes planned for site of former Cardiff secondary school

A planning application hasn't been submitted yet, but residents have been shown the plans by developers

Wales Online

Heavily indebted Chinese developer proposes restructuring

China Evergrande, a real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets has announced a long-awaited plan to restructure what it owes to foreign bondholders

The Independent UK

3% Mortgage Rates: Gift of a Lifetime or Low-Rate House Arrest?

A homeowner planning to relocate or downsize might find the higher costs related to higher mortgage rates too much of a hurdle to clear. What are their options?

Kiplinger

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New York Court of Appeals issues four opinions from March 13-19

The New York Court of Appeals issued four opinions from March 13-19. As of March 19, the court issued 13 opinions in 2023 — seven fewer than this point a year ago. The four opinions are below:

Ballotpedia

University of Manchester student speaks of terror after group are 'dragged' out of building in early hours

"It's a very scary experience."

Manchester Evening News

Student rent protesters describe 'very scary experience' as they're removed by bailiffs

Students have been occupying buildings as part of their protests

Wales Online

‘Scary experience’ for rent protesters removed from university building

One student said they were woken at 5am on Wednesday morning by bailiffs, describing the experience as ‘terrifying’.

The Independent UK

Ten Zone 1 homes for sale under £1 million — from the Barbican to Morrell’s Yard

All priced well below the average cost of a home in Zone 1, these central properties will position you at the heart of the action

Evening Standard

Walls close in on Labor’s $10b social housing fund

The federal government is pleading for crossbench support for its social housing fund, arguing rising homelessness requires urgent action.

The New Daily

Scots family's council flat plagued by 'dead body smell' and blue bottle flies

Craig Buchanan was supposed to move into the Kilmarnock property last month but believes it’s unsafe for his partner, Morgan Davidson, 20, and their one-year-old son Harris.

Daily Record

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AAP

Only one rent increase a year suggested for Qld tenants

The Queensland government's position on rent caps is clearer after the suggestion of limiting increases prompted backlash from real estate groups.

Nottingham Post

Nottingham City Homes denies responsibility for flat leaks as it forces entry into property

Tenants in a block of flats on Wyton Close are being affected by water leaks which Nottingham City Homes says are being caused by a private flat

The Guardian - AU

Queensland tenants and social groups welcome proposal to limit rent increases to once a year

But expert says limiting frequency of rent hikes without a cap is unlikely to make a difference amid rising rate of homelessness

The Guardian - AU

Will the RBA follow the US Fed in lifting interest rates despite banking turmoil?

Unnerved by a looming financial crisis, the US central bank has raised rates. Will Australia follow suit?

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news in one place.

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AAP

Walls closing in on Labor's $10b social housing fund

The Greens and key crossbenchers are not convinced the Albanese government's social housing fund will do enough to ease Australia's worsening housing crisis.

The Independent UK

Second staircases needed in buildings of 18 metres and over, groups tell Gove

Architects, fire safety and disability rights organisations said the Government’s current proposal ‘fails to address our shared concerns’ on safety.

Bangkok Post

Chinese return to Chon Buri market

Chinese buyers have returned to the Chon Buri property market, following the lead of Russians, after the reopening of China's borders earlier this year.

Daily Mirror

London developer buys up entire village - and almost doubles rent for residents

Sara Lewis fears she is being driven out of her historic country village after all 16 properties were bought up in an investment deal, but says she would 'rather die' than leave her home of 22 years

Manchester Evening News

'Immaculate' first-time buyer home in Greater Manchester on market for £189,000 that’s ready to move straight into

Our Property of the Week is a newly refurbished two-bed house with no chain - and estate agents say it will 'not be available for long'

Chronicle Live

Former Gateshead school set to be demolished to make way for new housing estate

Councillors have backed plans to tear down the old Hookergate School, but the proposals must still overcome a 'nonsensical' objection from Sport England

Tribune News Service

Seattle landlords can ask about criminal records, court rules

A key portion of a Seattle law meant to guard against housing discrimination is unconstitutional, the 9th U.S. Circuit Court of Appeals ruled Tuesday, but it upheld other parts of the law.

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