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The Latest Breaking News on Real Estate

Some of mayor’s affordable homes will take until 2032 to be built, deputy mayor admits

The London Assembly’s housing committee was told that the “vast majority” of projects will however be complete by 2029

Evening Standard

Bid to save Rochdale's Seven Sisters from demolition takes step forward

RBH is working with an affordable housing developer

Manchester Evening News

Cardiff council urged not to make 'same mistakes' and set lower housebuilding target

The council has agreed the number of houses it wants to build

Wales Online

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Councillors 'shocked' by Jesmond street where 94% of homes have been turned into student housing

Newcastle City Council approved plans on Friday to convert one of Sunbury Avenue's four remaining family homes into a HMO, despite concerns of their dominance over the area

Chronicle Live

'Premature' plans for Edinburgh Seafield regeneration area ripped up after appeal

A local councillor said he was "delighted" the plans had been refused again and urged developers to work with the council on the vision for the area.

Edinburgh Live

Homeless figures hit record high with 12,411 people accessing emergency accommodation last month

Minister for Housing Darragh O’Brien said he was disappointed by the increase in homelessness this month, but 'unfortunately not surprised'

Irish Mirror

Prince Harry will lose important royal role after giving Frogmore keys back to King

The Duke and Duchess of Sussex handed back their Frogmore Cottage keys to the King earlier this week after being evicted but it means that Harry can no longer continue with one royal role.

Daily Record

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'Win' for tenants of 'uninhabitable' council flats fighting for demolition

New tenants will not be placed into Glovers Court's vacant units until it is 'regenerated'

Dublin Live

Northern Ireland record only annual house price rise of all UK regions: Nationwide

Average property price in the province climbed by 0.7% year on year in June against UK average of -3.5%

Birmingham Post

Escape to the coast or country! Willerby pitches up to address London lag in holiday home ownership

Picnic on the streets of London as city escape lifestyle highlighted by Hull firm

Birmingham Post

Vatican reports income boost in charitable fund, even as donations dip following financial scandals

The Vatican says a key charitable fund, Peter's Pence, doubled its income in the last year to 107 million euros

The Independent UK

Sadiq Khan ‘hopeful’ Labour will allow London rent controls despite u-turn

Sadiq Khan said a ‘conversation’ had been had with the national Labour party about empowering him with rent controls, if the party enters government at the next election

Evening Standard

Green light for over 540 new apartments in Dublin's south inner city

An Bord Pleanala has granted permission for the apartments which are a mix of social housing and cost-rentals

Dublin Live

New Edinburgh housing scheme set to be built on grounds of old school

The land is surplus to requirements and has been deemed suitable for new housing as part of Craigmillar's regeneration.

Edinburgh Live

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The Independent UK

Financial Conduct Authority enables firms to provide mortgage breathing space

Lenders should make the options available to borrowers clear and accessible and struggling customers should contact their lender, the FCA said.

Edinburgh Live

West Lothian scrap plans to sell office after agreeing lease with law firm

Plans to sell off a Livingston council office agreed in February have been thrown out after a rethink on post Covid work patterns and the potential for a new ten-year lease agreement with a tenant

Manchester Evening News

The reason why high street chain John Lewis is building hundreds of new homes

The chain, which also owns Waitrose, is looking to create 1,000 homes in London and the south east to address the housing crisis

The Hindu

Co-work from home

housing societies being converted to coworking spaces for women

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Evening Standard

Double whammy hits London economy on top of house price fall

The average cost of a London house is £517,000, down over 4% in June

The Independent UK

27% annual fall in house sales in May – HMRC figures

The fall is partly due to a higher number of bank holidays in May 2023, as well as a recent decline in general market conditions, HMRC’s report said.

The Guardian - UK

UK house prices rise unexpectedly in June but annual rate falls

Nationwide says mortgage crisis ‘likely to exert significant drag’ on market activity in coming months

The Independent UK

Average house price falls 3.5% as mortgage rates keep climbing

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.

The Guardian - UK

France riots: hundreds arrested in fourth night of unrest as 45,000 police deployed

France’s interior minister says that “significant reinforcements” have been sent to Marseille where more than 80 people have been arrested

Bristol Post

Controversial plans for Bristol shopping centre to go back before councillors for official rejection

Planning committee members unanimously refused to grant permission

The Conversation

Houses and high-rises (and nothing in between): why land zoning hasn't been effective for improving urban density

For almost a century, zoning has been the key tool used by urban planners to influence how our cities grow and change. Our newly published research looked at whether zoning is effective at guiding new urban growth patterns.

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