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The Latest Breaking News on Real Estate

Rise of the Nimby party: the Tory house-building dilemma

Critics have hit out at Rishi Sunak’s decision to abandon house-building targets, citing it as a significant factor in his party’s poor showing in last week’s local elections.

The Week

Persimmon reveal new development for 120 homes in Merthyr

The scheme is scheduled for completion in 2026

Birmingham Post

Liverpool’s Royal Albert Dock sold for £10m under asking price

Tenants include Premier Inn, Holiday Inn, The Beatles Story, Gusto, Rosa’s Thai Café and Miller & Carter

Birmingham Post

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Bedsit plans where people would have to go outside to use kitchen refused

The council have already refused several applications to turn the former bank into bedsits

Liverpool Echo

Administrators appointed at Northumberland based Howard Russell Construction

The appointment of FRP Advisory comes months after the company was forecasting a huge jump in turnover

Birmingham Post

Niall Collins knew wife had expressed interest in site when he attended council meeting

Minister of State Niall Collins appeared in front of the media for the first time since controversies about a site in Limerick bought by his wife hit headlines last month.

Irish Mirror

Deposit-free mortgage: How it works and how you can apply

Skipton Building Society offering ‘trapped’ renters chance of escape without need for support from wealthy guarantor but campaigners warn housing shortage an underlying problem

The Independent UK

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Zero-deposit mortgage launched for aspiring first-time buyers who are renting

The new track record mortgage from Skipton Building Society means that customers can borrow up to 100% of the value of their property - but they will have to meet a series of eligibility checks

Chronicle Live

Tom Bloxham to stand down as chair of Manchester International Festival and Factory International

Manchester's new flagship £210m arts venue is due to open in June for MIF

Manchester Evening News

New zero-deposit mortgage launches aimed at helping renters and first-time homebuyers get on property ladder

The deposit-free deal from Skipton Building Society is available for potential homebuyers across Britain.

Daily Record

Horrified woman finds hidden camera pointing at shower and toilet inside Airbnb

When Kennedy Calwell arrived at an Airbnb property to celebrate a friend's birthday, she was absolutely horrified to discover a tiny camera pointing directly at the shower and toilet

Daily Mirror

Illegal Curry Mile shisha bar has HUGE amount of cash confiscated

'Operating a premises without the correct permissions is not only illegal, but can also be dangerous'

Manchester Evening News

100,000 homeowners facing mortgage blow in London

Average monthly bills could soar by £539 as fixed-term deals end and rates to rise

Evening Standard

What's in the federal budget to help ease the housing affordability crisis?

More than one million low-income renters will soon get an increase to their Commonwealth Rental Assistance payment under a new measure announced in the budget.

ABC News

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Wales Online

Persimmon has bought land in Merthyr Tydfil where it's set to build 121 homes

It will include a mix of homes from one to five-bed properties

The Guardian - UK

UK housing market fears as Marshalls and Purplebricks shares slide

Problems at landscaping supplier and online estate agent prompt share dips at housebuilders

The Guardian - UK

Annual UK house price growth slows to lowest level in more than a decade

Property values in south of England fall most, while West Midlands records strongest growth

WEKU

He followed strict rules as a judge and wants Supreme Court justices to do the same

Retired federal Judge Michael Luttig says he wouldn't even accept baseball tickets in his years on the bench: "I believe that federal judges should essentially live like priests or saints or monks."

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Manchester Evening News

Mortgage with no deposit launched in bid to help 'trapped' renters onto property ladder

The "industry first" mortgage will not require a guarantor either

Evening Standard

What is the deposit-free mortgage scheme and who is eligible?

The new five-year fixed-rate mortgage from Skipton Building Society does not require a guarantor and is only for people renting a property

Evening Standard

With rents at record high, and a chronic shelter shortage, why are so many London homes left empty?

Who owns the capital’s tens of thousands of uninhabited properties? And amid an affordable housing crisis, how can we get them back in to use?

Daily Mirror

New mortgage deal with NO deposit is launching in the UK - but should you go for it?

Skipton Building Society says its Track Record Mortgage is designed to help renters who are struggling to stump up a deposit to get on the housing ladder - it is the first of its kind since 2008

Evening Standard

PurpleBricks aims to speed up sale process as payment provider withholds funds

Once valued at £1.35 billion, PurpleBricks’ market capitalisation is now £6.7 million

The Guardian - UK

Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened

UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports

Wales Online

Tenants feel "trapped" in the rental cycle as prices rise for first-time buyers

ONS figures reveal the increase in house prices over the last two years, "trapping" tenants in the rental cycle.

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