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The Latest Breaking News on Real Estate

More than a third of landlords raised rents to match local properties – report

About 60% of landlords increased the rent on at least one of their properties over the past year, a survey by the TDS Charitable Foundation found.

The Independent UK

Wear and tear keeps rents lower over time: report

Properties tend to command a lower rent as they age and new homes with modern features come online, a leading economic think tank says.

AAP

Rioters jailed for ‘utterly terrifying’ attack on Rotherham asylum hotel

Trevor Lloyd was jailed for three years after filming himself storming a Holiday Inn housing asylum seekers

The Independent UK

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Sadiq Khan scheme built just 71 affordable homes in three months and needs to start 22,000 more to hit 2026 target

Tories acuse London mayor of ‘unacceptably low’ levels of affordable housebuilding in capital

The Independent UK

Redfin CEO Says If Mortgage Rates Don't Fall, Plan B Is To 'Drink Own Urine Or Competitors Blood'

During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.

International Business Times UK

‘We know how criminals operate': Inside the security secrets of the super rich

Following a spree of sophisticated targeted robberies against celebrities and footballers, the super-rich are getting nervous. Meet the man making their homes secure

Evening Standard

Ayr couple claim neighbouring flat has been used as 'pop-up brothel'

An Ayr couple claim a ‘pop up brothel’ took over a neighbouring flat … days after it was granted a short term let licence.

The National (Scotland)

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Thai court orders dismissal of Prime Minister Srettha Thavisin

Srettha becomes the fourth Thai prime minister in 16 years to be removed by the kingdom’s Constitutional Court.

Al Jazeera

London borough may have to send homeless to Scunthorpe as rents rocket

Redbridge says there are simply are not enough affordable homes in the borough for locals

Evening Standard

Planning changed Britain for the better in the postwar years – and it can do the same now

Labour’s proposals for reform are a start, but we need the system to be more ambitious, more imaginative and more proactive, says writer Phineas Harper

The Guardian - UK

'We Refuse To Be House Poor!': Couple With $250K Income Struggle To Buy Budget Home, Is 30% Rule Realistic?

A Portland couple earning $250K annually struggles to find an affordable home while avoiding becoming "house poor," highlighting the growing challenge of following the outdated 30% income rule amid rising housing costs.

International Business Times UK

Country Garden Services Expects 30% Profit Drop as Property Downturn Drags On

Property managers’ slight increase in first half revenue is accompanied by a significant drop in net profits

Caixin Global

Tories demand Labour Government put Sadiq Khan in 'special measures' over affordable housing

Slow progress on the mayor’s affordable homes programme has been blamed by his team on “the disastrous inheritance from the last Government”

Evening Standard

Halifax and Nationwide cut mortgage rates once again as price war gathers pace

Cheaper home loans expected to fuel a bouyant property market in the autumn

Evening Standard

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The Guardian - UK

‘I’ve met seven housing ministers, one of them twice’: the head of Homes England on the battle to build

In the light of Labour’s ambitious housing programme, Peter Denton, the man charged with getting residential projects started for the private sector, has his work cut out

The Independent UK

Largest UK housing association fined for failing to fix child’s bedroom window for four years

The severely delayed repair led to parts of home developing mould, housing watchdog says

Newcastle Herald

Council rezones land to make room for more houses near Costco

The rezoning is expected to make way for more houses at Boolaroo.

The Conversation

Paul Keating takes on Nancy Pelosi, after she accused him of ‘ridiculous’ comment about Taiwan

Former prime minister Paul Keating has launched a war of words against veteran US Democratic politician Nancy Pelosi, after she accused him of making a “stupid” comment.

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news in one place.

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The Guardian - AU

Nancy Pelosi rebukes former Australian PM Paul Keating over ‘stupid statement’ on Taiwan

In return, Keating chastises former US House speaker for her ‘recklessly indulgent visit to Taiwan’ in 2022

Newcastle Herald

Whitebridge mansion returns to market five years after selling for $3.85 million

The property is on the exclusive Burwood Road strip.

The Guardian - UK

UK’s biggest housing association fined over four-year failure to fix window

Clarion case among several ‘severe maladministration’ examples highlighted by housing ombudsman

The Independent UK

TikTok influencer who peddles riches through real estate is arrested on wire fraud charges

“Always remember, you can’t make money if you’re a fucking p***y,” accused wire-fraudster Teddy Miller told prospective clients.

Newcastle Herald

Submissions pour in as Iris tries to turn around EastEnd refusal

Iris Capital's review application has attracted 268 submissions.

The Independent UK

Labour prepares to limit landowners’ gains from sale of green belt land amid push for new homes

The planned move comes as part of the government’s plan to overhaul the planning system and build 1.5 million new homes by 2030

The Guardian - UK

Mortgage or orgasm? Why gen Z would happily give up sex – if it meant they could buy a house

A survey has found gen Z and millennials would willingly forgo sex for a deposit on a home. Boomers, though, wouldn’t be so keen to give up bonking

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