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The Latest Breaking News on Real Estate

Who Is Andrew Bloom: Millionaire Donates His Four Mansions To LA Fire Victims With No Insurance

Millionaire real estate agent Andrew Bloom offers his four mansions to LA wildfire victims without insurance and inspires others to donate their homes, too.

International Business Times UK

Australian billionaires make $67,000 an hour, Oxfam says in call for tax on super-rich

Analysis shows local billionaire wealth rose by 8% last year, meaning tycoons such as Gina Rinehart make 1,300 times more than average person’s pay

The Guardian - AU

UK housing market ‘starts new year with a bang’, says Rightmove

Number of homes new to market 11% higher than a year ago, despite uncertainty over interest rates and stamp duty

The Guardian - UK

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Three-quarters of councils expect to abandon or delay house building projects in blow to Labour’s plans

Angela Rayner’s flagship housing promise under threat as councils set to scrap plans to build more homes

The Independent UK

Councils warn financial constraints threaten new housing delivery

Research finds many local authorities are planning to scrap or scale back development plans due to limited resources.

Evening Standard

Why are lone homes left standing after the Los Angeles fires? It’s not entirely luck

Emails and videos of burned buildings in Los Angeles versus those still standing have been flying back and forth among architects, builders and fire safety specialists

The Independent UK

Quarter of English councils may have to sell homes to balance books, study finds

Exclusive: Social housing finance ‘crisis’ has already led 37% of local authorities to cut back on repairs and maintenance

The Guardian - UK

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California officials warn against price gouging as rents soar in fire-stricken Los Angeles

Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month

The Independent UK

Almost 1,500 homeless Australians die prematurely each year. This family hopes the death of their loved one won’t be in vain

Advocates say they are struggling to place people experiencing homelessness in secure housing, resulting in preventable deaths

The Guardian - AU

Who is Steve Witkoff, Trump’s man at the Israel-Hamas ceasefire talks?

The real estate magnate and Trump golf partner is said to have played a key role in the deal.

Al Jazeera

Sadiq Khan admits concern developers are 'landbanking' London's green belt

The mayor warned against developers eyeing up land that ‘for decades has been the lungs for residents in this great city of ours’

Evening Standard

UK mortgage rules could be eased to increase growth

FCA also aims to change law to try to prevent a repeat of mass compensation schemes for consumers such as PPI

The Guardian - UK

Unionists slated for turning down SNP's 'ambitious' Edinburgh tourist tax plan

UNIONIST councillors in Edinburgh have turned down “ambitious” SNP proposals for a 7 tourist tax which would have seen £20 million a year put…

The National (Scotland)

Mortgage and contactless rules could be shaken up under FCA plans

The plans outlined by the regulator could help homebuyers to secure a property.

The Independent UK

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Evening Standard

Residents 'left to rot' next to boarded-up houses as Clockwork Orange estate regeneration stalled

Around a quarter of residents are left living on the Lesnes Estate in Thamesmead

The Independent UK

Reeves urges regulators to ease mortgage rules for first time buyers

Chancellor reportedly open to relaxing lending rules in bid to boost growth

The Guardian - UK

England’s renters are about to gain more rights, but until then landlords may exploit weak regulation even more cruelly

There are fears that landlords will capitalise on the last remaining no-fault evictions before the new scheme comes into effect, says Nick Bano, a barrister specialising in renters’ rights

The Independent UK

The pitfalls to avoid when buying a home with a friend

An expert explains the potential benefits and downsides to think about.

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The Independent UK

Pakistani court sentences ex-PM Imran Khan and his wife to 14 and 7 years in prison in graft case

A defense lawyer says a Pakistani court has sentenced the country’s already-imprisoned former Prime Minister Imran Khan and his wife to 14 and seven years in jail after finding them guilty of corruption

AAP

Greens housing crusade fails to sway most tenant voters

Renters are more likely to support Labor or Liberal than the Greens despite the minor party running hard on issues faced by tenants, fresh polling shows.

The Independent UK

FTC sues Greystar, saying the property manager used hidden fees to swindle renters out of millions

The U.S. Federal Trade Commission has filed a lawsuit accusing property management company Greystar of swindling renters across the country out of at least $100 million using hidden fees

The National (Scotland)

Villagers win battle against developers building footpath through estate

Residents in a Scottish village have won their battle to stop developers putting a path through their quiet cul de sac

Evening Standard

Three London students in 'danger to health' cold and mouldy flat win £20,000 rent back from landlord

A residential property tribunal ruled in their favour after they sought a rent repayment order in the row over a £1.2 million flat near Hyde Park in west London

Wallpaper

Don’t Move, Improve 2025: the 14 London homes adding design oomph to the everyday

The shortlist for Don’t Move, Improve 2025 has been announced, revealing 14 residential projects across London that add value and pizazz to their inhabitants’ daily lives

Evening Standard

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

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