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The Latest Breaking News on Real Estate

Two men behind controversial New Norfolk housing project facing drug trafficking charges

Two men involved in a housing development north of Hobart are facing criminal charges in Canberra, with police allegedly finding drugs and firearms during a raid at one of the men's properties.

ABC News

Residents in east London flats ‘complained about overcrowding before fatal fire’

Mizanur Rahman, 41, died after the blaze tore through his flat in Shadwell

Evening Standard

Vast new Nottinghamshire housing estate set to be built around man's home

A total of 250 homes will be built on land off Shilo Way in Awsworth, after councillors followed a recommendation to approve the plan at Broxtowe Borough Council's planning committee on March 8.

Nottingham Post

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Council tax premiums on long-term empty properties in Cardiff go up again

The council has also introduced a premium on second homes

Wales Online

China’s top property developer expects first loss since 2007 flotation

Country Garden’s 2022 forecast is another blow for country’s embattled sector

The Guardian - UK

Excello Law launches in Nottingham with arrival of senior insolvency team

Nicky Calthrop-Owen, Victoria Dunstall and Annabel Whittaker have joined Excello from Actons

Birmingham Post

Pub chain puts dozens of sites across UK up for sale

Marston’s Brewery puts 61 pubs on the market

The Independent UK

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Federal Register weekly update: More than 5,000 documents added so far in 2023

The Federal Register is a daily journal of federal government activity that includes presidential documents, proposed and final rules, and public notices. It is a common measure of an administration’s regulatory activity, accounting for both regulatory and deregulatory actions.

Ballotpedia

SVB is a victim of the US Federal Reserve’s obsession with inflation

City Voices: Ramping up interest rates so quickly was bound to create mayhem

Evening Standard

‘I was in tears’: collapsed ceiling in family home a sign of dire state of NSW public housing

A month after a storm made his son’s bedroom uninhabitable, mushrooms were growing in the skirting boards and Dean Kahukiwa was still waiting for repairs to begin

The Guardian - AU

Northern housebuilders Bellway and Persimmon sign up to post-Grenfell safety scheme

The companies have committed to the Self-Remediation Terms that will cost them hundreds of millions of pounds

Birmingham Post

OPINION - Controlling inflation is the battle of our times — and fortune will favour the bold

The Bank of England appears to be as confused as everybody when it comes to the outlook for interest rates. At the beginning of the month, a speech by the Bank’s Governor Andrew Bailey triggered hugely conflicting headlines. They ranged from “Bailey downplays talk of sharp rise in interest rates”…

Evening Standard

Man who bought home on 'UK's most dangerous street' for £5,000 says it's now worth £1m

Hasan Rezvan, 75, bought the four-bed property in Brixton, south London in 1970 after moving to the UK from Cyprus - despite the area's bad reputation it has since skyrocketed in value

Daily Mirror

Plans revealed for 2,500 new homes at Bristol industrial site

The public has been invited to share opinions on early development plans

Bristol Post

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WEKU

Racial bias often creeps into home appraisals. Here's what's happening to change that

Black and Latinx homes are more likely to be undervalued by real estate appraisers, who are mostly older white men. New recruiting and technology aims to change how appraisals are done and by whom.

Evening Standard

London housing association Network Homes enters merger talks with Sovereign Housing Association

Combined entity would have income of more than £830 million per year

The Guardian - UK

If we sell our property abroad and move back to Britain, should we rent or buy?

We wonder whether a mortgage should wait while we build up UK bank accounts and credit scores

Wales Online

Man who bought house for £5,000 says it is worth £1m - and explains how to do it

It has taken more than 50 years but Hasan is now a property millionaire - and he has advice for those wanting to get on the ladder

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news in one place.

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AAP

Former tax deputy's daughter guilty over massive fraud

The jury in a long-running trial has returned another guilty verdict for a woman who conspired with a group of others to defraud the Commonwealth.

The Guardian - AU

United Australia senator Ralph Babet defends working for family real estate business

Senator says he does not get paid by Babet Brothers and that he is ‘likely’ to return to real estate full-time after serving one term

Birmingham Post

Contractor picked for £50m, 258 apartment Silk Yard scheme in Derby

Elevate Property Group has selected Bode Contracting to build the apartments aimed at 'affordable city centre living'

ABC News

Residents living in defective Palmerston houses that wouldn't withstand a cyclone accuse NT government of putting lives at risk

The occupants of a group of issue-plagued Palmerston homes are accusing the NT government of putting their lives and those of people in the surrounding area in danger by not acting on identified risks.

Glasgow Live

Glasgow west end fixer-upper by Botanic Gardens with 'great potential' on the market for £145k

The one-bedroom flat is for sale in one of the most desirable parts of the city just a five minute walk from the Botanic Gardens - but it's in need of a little bit of TLC.

The Guardian - AU

Australian Ethical offloads Lendlease shares over development threat to koala population

The fund believes itself to be ‘one of the first’ in Australia to divest from a company over a concern for an endangered species

ABC News

Australian Ethical divests from Lendlease claiming 'lack of transparency' about koala corridors

A multi-billion-dollar investment fund has divested from Lendlease, accusing the property developer and the New South Wales government of not being transparent about a fast-tracked housing estate to be built in sensitive koala habitat.

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