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The Latest Breaking News on Real Estate

Tenants could be owed thousands back in rent if landlords break one key rule

Renters may be eligible for a refund of up to 12 months' rent according to UK housing law

Manchester Evening News

Saudi Arabia Inks Agreements, MoUs of $2.66 Bln at Real Estate Future Forum

Saudi Arabia has signed agreements and MoUs of more than 10 billion Saudi riyals ($2.66 billion) to set up four investment funds to develop commercial, tourism and residential projects. A part of the investments will also be made in the field of real estate development and construction techniques. Moreover, Saudi…

Asharq Al-Awsat

House sales fell by 3% month-on-month in December, says HMRC

It is thought the impact of recent increases in mortgage rates may now be being seen in the statistics.

The Independent UK

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read the most diverse news in one place.

Council tenants in Perth and Kinross set to be hit by rent increases as financial pressures grow

A 2.2 per cent rise for 2023/24 is being recommended following a consultation

Daily Record

First-time buyer: ‘I used shared ownership and switched travel Zone to buy my own London home’

Monthly payments are £200 more than renting in Fulham, but marketing manager Daisy Smith is finding plenty of advantages to owning her own home

Evening Standard

Scotland dominates list of most affordable postcodes to live in Britain

Consumer advisors GetAgent have compiled data regarding the cheapest and most expensive in Britain to help those looking to get on the property ladder, with Scotland leading the way

Daily Mirror

Angry renters campaign directly to letting agents to end bidding war

"We’ve done it before and we’ll keep doing it, until this is a bid-free city in Bristol"

Bristol Post

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'Friendly' Nottinghamshire estate with 'real sense of community' to be expanded with new homes

Rushcliffe Borough Council has passed plans to build 24 more properties at the Lacefields development in Ruddington

Nottingham Post

Elon Musk justifies his 'funding secured' tweet with a bizarre real estate analogy

How do you know when a "handshake" deal is a done deal?

Los Angeles Times

Vulnerable on rent support falling behind

The federal government has been urged to boost rental assistance payments to take the sting out of fast-rising rents.

AAP

King sues Elon Musk in battle over unpaid rent

Britain's Crown Estate has launched court proceedings against Twitter over alleged unpaid rent on its London headquarters.

The New Daily

Mayoral candidate Brandon Johnson unveils tax-the-rich plan to bankroll social services

Johnson wants to “make the suburbs, airlines and ultra-rich pay their fair share” to generate $800 million in new revenue. His plan includes a Metra “city surcharge” to raise $40 million from the suburbs.

Chicago Sun-Times

South Lanarkshire Council to raise rent by 3.5 per cent

Councillors approved the rent increase as well as a £63.91 million investment in council housing.

Daily Record

London hotel purchases dried up amid political uncertainty

Property investors retreated almost entirely from London’s hotel market in the final months of 2022 when political turbulence knocked buyer appetite, but a bounce back is expected, according to a report.

Evening Standard

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news in one place.

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USAFacts

How much have rents increased post-COVID 19 (or since 2020)?

Rents rose in 58% of all counties nationwide between 2020 and 2023. Data shows that rents rose and dipped between neighboring zip codes.

Wales Online

The attractive Victorian terrace just around the corner from the sea with a gorgeous interior

Location is everything - but there's much more to this Mumbles property

Newsroom.co.nz

Post-Ardern, could a capital gains tax be back on the table?

Jacinda Ardern ruled out a capital gains tax on her watch. With her watch now over, some are speculating about whether her successor could revive a policy still popular in some quarters,

The Times of India

Pakistan raises key rate to 24-year high of 17% as crises mount

Pakistan increased its benchmark interest rate to 17%, the highest in more than 24 years, as the economy grapples with raging inflation, supply shortages, dwindling currency reserves and stalled foreign financing.

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news in one place.

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Tribune News Service

As pandemic rent relief ends, states struggle to prevent homelessness

PORTLAND, Ore. — For almost three years since the onset of the COVID-19 pandemic, states have had an unwelcome but ideal laboratory to test potential solutions to slow eviction, one of the most persistent challenges in preventing homelessness.

Reason

Biden's Housing Equity Plan Is More Likely To Waste Resources Than Curtail Zoning

Plus: How credit card companies became the porn police, the failure of the FDA's ban on flavored vaping products, and more...

Tribune News Service

Upzone, demolish, construct: How Berkeley plans to build 8,934 homes by 2031

BERKELEY, California — Some of the city’s most affluent neighborhoods, bustling street corridors and empty single-family homes are being eyed to try and develop nearly 9,000 new homes over the next eight years, after the Berkeley City Council unanimously gave a 656-page plan the green light Wednesday.

Tribune News Service

Vacation rentals are adding to South Florida’s housing crunch, study suggests

Thousands of short-term vacation rentals could be contributing to the rental crisis in South Florida, where it has become harder to find affordable places to live, according to a new study.

Insider UK

Scottish commercial property investment 12.6% ahead of five-year average

Office take-up in Aberdeen rose by 96% last year, compared to 2021

Bristol Post

Bristol renters and landlords to be allowed to speak in future debates on rent controls after U-turn

Earlier this month renters were "banished" from a debate and vote on bringing in rent controls

Daily Record

Vote on controversial North Ayrshire car park charges as choices are unveiled

D-day is looming for the decision on charges.

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