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The Latest Breaking News on Real Estate

New West Lothian homes set to be refused over fears bins could not be collected

Proposals for a narrow cul-de-sac of new homes have been recommended for refusal because the bin lorry couldn't turn in the street

Edinburgh Live

Judge sentences Trump Organization to pay $1.6 million penalty for tax fraud

A New York judge on Friday sentenced Donald Trump's namesake real estate company to pay a $1.6 million criminal penalty, after it was convicted of scheming to defraud tax authorities for 15 years.

Reuters

Edinburgh property: Fixer-upper flat hits the market in city's 'most desirable' area

Located in Morningside, the Edinburgh neighbourhood is known to be a pricey area of the city, with many larger properties costing anywhere upwards of half a million.

Edinburgh Live

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House Republicans united on border policy focus

WASHINGTON — Despite Republican Conference divisions laid bare by a dayslong internal battle for speaker, the party has emerged united on plans to focus this year on immigration issues and oversight of the Biden administration’s border policies.

Tribune News Service

Glasgow housing associations 'borrowing £100,000 to build one property'

The council is aiming for Glasgow to build about 6,500 affordable homes over the next five years, but borrowing costs to meet the Glasgow standard are pushing up rents.

Glasgow Live

Empty hillside house on stilts with incredible views and a bargain price

This property with a panoramic view is going to auction with a guide price of £125,000 below the area's average

Wales Online

Scotland has 13 of the UK's cheapest postcodes to buy property in - full list

A new study has uncovered the least expensive areas across the UK to purchase property in, and according to the research all of the top three cheapest spots are located in Scotland.

Daily Record

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Vile racist slur painted across fence of home in Fife town

The word 'n****r' was pictured daubed on a fence between Spittalfield Road and Ballast Bank public park in Inverkeithing, Fife.

Daily Record

Is now a good time for first time buyers to apply for a mortgage? Mortgage brokers' advice on 2023 market

First Time Buyers can now borrow up to 4 times their income

Dublin Live

‘A national disgrace’: Thousands of complaints about damp and mould in England social housing

The Housing Ombudsman received 5,838 complaints about leaks, damp and mould in the three years to March 2022, figures show

The Independent UK

Taylor Wimpey warns of further sales fall in 2023 as first-time buyers struggle

CEO tells The Standard house prices probably peaked in September before shockwaves from the ’infamous’ mini-Budget hit the market

Evening Standard

Thousands of complaints about leaks, damp and mould in social housing in England

The Housing Ombudsman received 5,838 complaints about leaks, damp and mould in the three years to March 2022, figures show

The Independent UK

Extension of rent freeze for private tenants planned

Opposition politicians and industry bodies hit back at proposals

Insider UK

Dad cooking young son's tea horrified as rat appears in kitchen next to him

Jamie Burns said he doesn't now what to do any more, claiming nothing has been done to solve the family's problems

Liverpool Echo

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Nottingham Post

The new Nottinghamshire council homes left in limbo after foundations issues

The council said it was working with a contractor to complete a 'new and full investigation'

ABC News

Dubbo landlords making the highest rental yields amid housing crisis, CoreLogic data shows

Dubbo landlords are making the biggest profit margins in NSW, with the cost of rent rising a further eight per cent in the past year, according to CoreLogic data.

AAP

Refinancing kicks up a gear as rates bite

Rising interest rates have prompted a surge in refinancing as borrowers look to lock in a better deal.

Los Angeles Times

Berkeley's People's Park is again in a fight for the ages, now over UC student housing

People's Park — among California's most contested and colorful patches of public land and a '60s era symbol of free speech and community power — is again embroiled in a battle for the ages, this time involving the University of California, Berkeley, a key environmental law and the acute student…

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Evening Standard

London first-time buyers spend two-thirds of take-home pay on mortgage payments — the most in 33 years

Sharpest quarterly rise in repayments:earnings ratio leaves new entrants to the property market the worst-off since 1990

Liverpool Echo

Bold plans for community-led housing revolution on council land across Liverpool

Seven city sites already identified where vacant land and properties could be turned into new homes for communities

ABC News

Kojonup mixed farm sells for state record of $100 million, experts say WA farmland could be highly undervalued

Experts say the state's farmland could be significantly undervalued, following a surprise nine-figure sale in the Great Southern region.

Chicago Sun-Times

Lightfoot’s plan to ‘reimagine La Salle Street’ takes shape

The City Council’s Finance Committee approved a $5 million grant program to entice neighborhood restaurants and “cultural” establishments to open downtown.

Liverpool Echo

Calls to stop landlords refusing to rent to people on benefits

One councillor found more than 65% of landlords on one website refused to rent to people on benefits

The Conversation

Canada's ban on foreign homebuyers is unlikely to affect housing affordability

As of Jan. 1, 2023, foreign buyers are banned from buying homes in Canada for two years under the Prohibition on the Purchase of Residential Property by Non-Canadians Act. The ban was passed in June 2022, but only came into effect this month.

ABC News

National rents soared by 10.2 per cent last year. Here’s how much rent costs in Australia’s most expensive and affordable suburbs

Tenants endured the biggest-ever rent increases last year, with national rents jumping by 10.2 per cent.

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