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The Latest Breaking News on Real Estate

Mortgage approvals for house purchase drop to lowest levels since May 2020

Some 35,600 mortgages were approved for house purchase, which was the lowest total since May 2020, according to Bank of England figures.

The Independent UK

Tell us: how have you been affected by reduced UK property prices and rising mortgage rates?

We’re keen to hear how house price reductions and rising mortgage interest rates have affected home owners and prospective buyers

The Guardian - UK

Property prices sink ‘quite rapidly’ as market awaits interest rates peak

Australian property prices have declined again in January, but the pace of the downturn has continued to ease ahead of a rate peak.

The New Daily

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read the most diverse news in one place.

Here’s what you need to know about the fight over property tax cuts in the Texas Legislature

Republicans are wrestling over how much of the state’s nearly $33 billion budget surplus to spend on property taxes. Democrats have their own ideas about what to do with the cash.

The Texas Tribune

What are leaseholds? Labour plans to ban property managers who exploit tenants

Shadow housing secretary Lisa Nandy ponders tighter regulation on the sector after complaints from leaseholders

Evening Standard

Borders estate agency hires former STV presenter as partner

New firm poaches senior sales negotiator from rival estate agency Rettie & Co

Insider UK

Kate Middleton gesture to Prince William suggests confidence change, according to expert

The Prince and Princess of Wales visited a foodbank in Windsor, and were greeted by staff at the door as they arrived - and what Kate did has shown a change in confidence.

Edinburgh Live

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‘Hostile’ Alice Springs meeting exposes deep division in battered town

While some locals call for legal action against the NT government, others fear tension could stir racism and vigilante attacks

The Guardian - AU

Harworth Group CEO hails year of resilience - but warns of challenges ahead

'Uncertainty is likely to remain in our markets until interest rates reach their peak', says CEO Lynda Shillaw

Birmingham Post

Edinburgh fixer-upper flat hits the market in desirable area of the capital

The one-bed flat would be ideal for an experienced buyer who has a history of renovating and modernising properties. New buyers would have the opportunity to turn the property into a two-bed flat.

Edinburgh Live

'A lot less competition': house values in Newcastle and Lake Macquarie fall again in January

The median house value in Newcastle and Lake Macquarie is $815,469.

Newcastle Herald

Concerns lifting ban on housing debates could allow ‘mega landlords’ to vote on rent controls

Earlier in January renters and landlords were told they should not take part in a vote on rent controls

Bristol Post

Kishoge train station to finally open 14 years after being built

The stop on the Kildare route is located between Clondalkin and Lucan

Dublin Live

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

The Guardian - UK

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Bristol Post

Landowner slams 'disappointing' council decision to refuse plans to fell more trees near River Frome

Local residents were not happy to see trees removed from the site

Chronicle Live

Gateshead Council reviews benefits of private landlord licences as they may become nationally compulsory

The authority requires private landlords in certain areas to be registered, and as the government considers making that compulsory, the council is reviewing its policy

The Conversation

Publicly owned land should be used for affordable housing, not sold to private developers

On Jan. 25, Prime Minister Justin Trudeau pledged to “ensure” affordable housing is built along Hamilton’s light rail transit (LRT) route. While this is welcome news, there are many uncertainties about how this will actually happen.

ABC News

Government pushing ahead with controversial remote rental change as housing stress plagues Northern Territory

The Northern Territory government pushes ahead with a controversial rental change that will leave some remote Australians worse off.

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The Independent UK

Defence secretary ‘not shy’ over taking action on armed forces housing standards

Labour’s Dan Jarvis asked the Government whether the procurement process is ‘fit for purpose’.

Daily Mirror

Michael Gove accused of watering down post-Grenfell housing safety contract

Labour's Lisa Nandy today said that too little had been done to address safety concerns affecting millions in the five-and-a-half years since the Grenfell Tower tragedy

Glasgow Live

Huge Glasgow social housing waiting list soars to more than 60,000

The number is equivalent to 10 applications per property let within 12 months.

Dublin Live

Liffey Valley staff stage city centre protest over 'unfair' parking charges

The new parking fees were equivalent to getting a 10 per cent cut in their pay, a SIPTU member said

AAP

Work begins on national housing plan

Little progress has been made on Australia's housing crisis but a new national housing plan could get the show back on the road.

Evening Standard

Developers must commit to fixing unsafe tower blocks or face ban, says Gove

The plan is the Government’s response to the Grenfell Tower fire, which brought to light safety issues in apartment buildings

Bristol Post

Hidden gem Bristol properties to rent but blink and they'll be gone

Some rentals are snapped up within hours of going onto the market

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