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The Latest Breaking News on Real Estate

Rising UK interest rates force homebuyers to take on longer mortgages

Builder Taylor Wimpey says Bank of England stance has weakened housing market

The Guardian - UK

Advocates question Queensland’s ability to deliver on ambitious affordable homes plan

Qcoss says more details needed as to how state can ensure 20% of around 900,000 proposed new homes will be affordable

The Guardian - AU

Mapped: Areas in UK facing sharpest drop in house prices

Prices continue to fall amid sky-high mortgage costs and stubborn inflation

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

How Much Can You Make Renting Your Home?

With rising interest rates curbing the housing boom, have you thought about renting out your property instead? Here's what to consider.

Kiplinger

Homes proposal a ‘bid to line Duke of Northumberland’s pockets’, inquiry told

Northumberland Estates says its plans would help provide an income stream for conservation works to Syon House.

The Independent UK

Homelessness in England has reached record levels – here's why, and how to fix it

Record numbers of people are living in temporary accommodation in England, according to the UK government’s latest reported figures. Statistics on statutory homelessness show that in March 2023, 104,510 households – including over 131,000 children – were living in hotels, hostels, B&Bs and the like.

The Conversation

Princess Catherine's tough struggle at her and Prince William's £750 per month starter home

Princess Catherine and Prince William shared a Welsh cottage when they first welcomed Prince George

Woman & Home

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Airport Metro design to be tweaked in view of rapid growth en route

HAML is re-designing the RGIA metro to accommodate new ridership due to rapid real estate development. It is also exploring various funding options for the 278-km 8 metro extension corridors & 4 ORR corridors.

The Hindu

Plans for major upgrade at Stratford Station revealed

The work follows increasing concerns about the future capacity of the east London station and overcrowding

Evening Standard

Mapped: Areas in UK facing sharpest drop in house prices

Prices continue to fall amid sky-high mortgage costs and stubborn inflation

The Independent UK

Coronation Street spoilers: Gemma Winter CHEATS on Chesney?

Airs at 8:00pm on Wednesday 9th August 2023 on ITV1.

WhatToWatch

‘Soft landing’ for house prices is still possible, Nationwide says

The average cost of a home in the UK dipped 0.2% to £260,828 in July

Evening Standard

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard

UK house prices fall at fastest rate since 2009 after interest rate rises

Nationwide says cost of a typical home is £260,828 after 3.8% year-on-year drop in July

The Guardian - UK

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The Guardian - UK

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Independent UK

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Guardian - AU

RBA interest rates: Australian borrowers given reprieve as Reserve Bank pauses again

The RBA has left the official cash rate on hold at 4.1%, the highest level since 2012, in line with investors’ expectations

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news in one place.

100's of premium titles.
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Evening Standard

Leaving London: ‘moving to Kent from London for the grammar schools added £200k to our mortgage’

Swapping one commuter town for another proved an expensive move for this young family — but the benefits have more than made up for extra costs

The Independent UK

Free legal advice aims to help thousands of people facing eviction each year

The launch comes not long after the latest statistics showed households and children in temporary accommodation in England are at record highs.

Newsroom.co.nz

Developers increasingly defaulting on loans

Interest rates are continuing to take a toll on the property sector.

Kiplinger

Biden Targets Hidden ‘Junk Fees’ to Lower Costs for Renters

Major online rental platforms agree to show the total cost of units, not just the rent.

The Guardian - AU

Economists split over chance of August rate rise as Australian property price rebound slows

Analysts differ over whether Reserve Bank will raise the cash rate another 25 basis points in the 13th increase since May 2022

The Guardian - UK

Building supplier Marshalls to axe further 250 jobs amid UK housebuilding slump

West Yorkshire-based firm warns of ‘markedly lower’ profits with company hit by falling demand for new-build homes

USA Today Sports Media Group

North Carolina condo highlights list of golf properties available now (July 2023)

See all the available properties here.

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