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The Latest Breaking News on Real Estate

Mother and daughter driven from mouldy home for three years back in temporary housing days after return

Sabrena Rahman, 40, and her 13-year-old daughter were told their flat had been fully refurbished - but within days they were forced to leave again

The Independent UK

Repossessions double raising fears more mortgage holders could lose homes as interest rates rise

Repossessions by county court bailiffs across England and Wales rose from 313 to 733 between October and December last year — a spike of 134 per cent

Evening Standard

315 homes by Gloucester train station to be built as plans approved

Eutopia Homes has been given the green light by Gloucester City Council to redevelop the site of a former Network Rail depot

Birmingham Post

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Woman 'owed £5,000' for Strawberry Place flat that hasn't been built as Newcastle United buy back land

Newcastle United's co-owners have since bought back the land at Strawberry Place where Geraldine Murphy had reserved a flat

Chronicle Live

Nationwide launches new supermarket offer giving people up to £10 cashback each month on shopping

Current account members will receive 5% cashback on supermarket spends until April 30, 2023.

Daily Record

In surprise, Pope Francis receives cardinal on trial for corruption

Pope Francis, in a surprise move, on Thursday granted an official private audience to Cardinal Angelo Becciu, the once-powerful Vatican prelate who is on trial for corruption and embezzlement.

Reuters

Residential restoration of former Arnotts building completes

More than 50 flats are now available to rent through HHA and the Highland Council

Insider UK

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Government yet to pay out any money under much-heralded vacant property refurbishment grant

A grant of up to €30,000 is available for the refurbishment of vacant properties with a top-up of a further €20,000 in the case of derelict properties

Irish Mirror

House market shows signs of ‘finding a new, natural level’ as shockwaves ease after ‘disastrous’ mini-Budget

Redrow and Bellway both reveal recovering reservation rates as condfidence returns to mortgage market

Evening Standard

As property prices retreat, top economist isn’t expecting recession

The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.

Tribune News Service

Michigan, Metro Detroit outpaced nation in economic recovery, report says

Michigan and Metro Detroit have outpaced the nation's economic recovery in the wake of COVID-19, according to the Detroit Regional Chamber's State of the Region report released Wednesday.

Tribune News Service

Pro-housing advocates are suing these Bay Area cities to force planning for more homes

Housing advocates tired of the Bay Area’s foot-dragging efforts to plan for more homes amid an intensifying housing crisis are taking matters to the courts.

Tribune News Service

Will Disney, Universal affordable housing projects lead the way for more?

As Walt Disney World and Universal Orlando help build affordable apartments for employees and the public, questions remain about who is going to get to live there and what other local businesses, if any, will follow suit.

Orlando Sentinel

Agencies demanding £50 an hour or more for staff forces council to change plans

Bolton Council is finding 'exceptional challenges in meeting statutory enforcement requirements' on housing

Manchester Evening News

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Insider UK

Scotia Homes reports recovering profit of £4.4 million

Ellon-headquartered housebuilder's turnover also reached £40m - 21% ahead of the previous financial year

Daily Record

Dumfries and Galloway social housing landlord set to increase rents by up to seven per cent

Loreburn Housing Association is also warning of “a bleak prospect of underfunding in homes” and deferring investment plans

Birmingham Post

Bellway sees cooling of homebuyer demand amid economic uncertainty and rising mortgage rates

Reservation rates for the developer were down as much as 60% in the final quarter of 2022

The Guardian - UK

Deliveroo cutting 9% of staff; Bank of England governor pledges to get inflation down – as it happened

BoE governor Andrew Bailey has warned MPs that paying for public sector pay rises with borrowing could push up inflation

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The Guardian - UK

UK property demand declines as house prices in England fall

Further slowdown likely amid interest rate rise and cost of living crisis, says surveyors’ body Rics

The Independent UK

UK housing prices and sales record fall as buyer inquiries drop

The Royal Institution of Chartered Surveyors said the overall tone of the feedback from property professionals remains subdued

Nottingham Post

Nottinghamshire woman 'owed £5,000' for apartment that hasn't been built

The One Collection company has declined to comment on why Geraldine Murphy has not yet received a promised refund

Nottingham Post

Anger over 'disgraceful' Bingham country park promised as part of 1,000-home development

Issues including sludgy paths and access for disabled residents have been raised by people living in Bingham.

ABC News

Push for national housing plan as increasing number of older Australians become homeless

Outreach workers are seeing more demand for support from older people experiencing housing stress and homelessness amid concern interest rate rises will exacerbate the issue. But legislation entering federal parliament today could help to ease the pressure.

Wales Online

House prices and sales fall as buyer inquiries drop

Property experts say the market is having to adjust to higher interest rates with new instructions staying on a downward trend

AAP

New promise for Mascot Towers owners after 'nightmare'

Owners of apartments in Sydney's ill-fated Mascot Towers will be given low-interest loans to repair the defect-plagued building if Labor wins the NSW election.

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