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The Latest Breaking News on Real Estate

Council sells off former Ministry of Defence site for housing

The sale was approved by councillors with plans for 249 homes

Liverpool Echo

Neighbours face being taken to court by council over height of their fences

Four have now received enforcement notices and some of them have said they are committed to going to court over the “farcical” situation

Wales Online

Mortgage payers 'hammered' as Bank of England hikes interest rates

INTEREST rates have been pushed up for the eleventh time in a row to 4.25 per cent, the highest rate for 14 years.

The National (Scotland)

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Early career essential workers unable to afford house prices anywhere in Sydney and Melbourne

Study shows workers forced to commute huge distances, live in overcrowded housing or suffer rental or mortgage stress

The Guardian - AU

Expert warns Bank of England interest rate rise will affect more than a million homeowners

It's the 11th consecutive time that interest rates have been increased - and it's bad news for the property market

Manchester Evening News

Interest rates rise to 4.25% - what does it mean for your money?

The Bank of England has increased the base rate for the 11th time in a row. We look at whether rates could rise further this year, and what the latest hike means for your mortgage and savings

The Money Edit

UK interest rate rise: what it means for you

How the new base rate of 4.25% might affect mortgages, house prices and credit cards

The Guardian - UK

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Interest rates hiked to 4.25% but Bank of England ‘hopeful’

The quarter-point rise comes amid growing talk in the City that rates are now near their peak

Evening Standard

Interest rates hiked to 4.25% in more misery for borrowers - what it means for your money

The latest interest rates decision was decided today by the Monetary Policy Committee (MPC) and comes off the back of inflation unexpectedly jumping to 10.4%

Daily Mirror

Dangerous levels of damp and mould reported in hundreds of privately rented homes across London

Research reveals the huge volume of complaints made to London councils over the presence of damp and mould in rented homes

Evening Standard

Transport strikes hit rebound in London office occupancy levels

Hybrid working has become very popular post-pandemic

Evening Standard

Residents up in arms about plans for 'wellbeing village’ with 265 homes planned for site of former Cardiff secondary school

A planning application hasn't been submitted yet, but residents have been shown the plans by developers

Wales Online

Heavily indebted Chinese developer proposes restructuring

China Evergrande, a real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets has announced a long-awaited plan to restructure what it owes to foreign bondholders

The Independent UK

3% Mortgage Rates: Gift of a Lifetime or Low-Rate House Arrest?

A homeowner planning to relocate or downsize might find the higher costs related to higher mortgage rates too much of a hurdle to clear. What are their options?

Kiplinger

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news in one place.

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Ballotpedia

New York Court of Appeals issues four opinions from March 13-19

The New York Court of Appeals issued four opinions from March 13-19. As of March 19, the court issued 13 opinions in 2023 — seven fewer than this point a year ago. The four opinions are below:

Manchester Evening News

University of Manchester student speaks of terror after group are 'dragged' out of building in early hours

"It's a very scary experience."

Wales Online

Student rent protesters describe 'very scary experience' as they're removed by bailiffs

Students have been occupying buildings as part of their protests

The Independent UK

‘Scary experience’ for rent protesters removed from university building

One student said they were woken at 5am on Wednesday morning by bailiffs, describing the experience as ‘terrifying’.

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Evening Standard

Ten Zone 1 homes for sale under £1 million — from the Barbican to Morrell’s Yard

All priced well below the average cost of a home in Zone 1, these central properties will position you at the heart of the action

The New Daily

Walls close in on Labor’s $10b social housing fund

The federal government is pleading for crossbench support for its social housing fund, arguing rising homelessness requires urgent action.

Daily Record

Scots family's council flat plagued by 'dead body smell' and blue bottle flies

Craig Buchanan was supposed to move into the Kilmarnock property last month but believes it’s unsafe for his partner, Morgan Davidson, 20, and their one-year-old son Harris.

AAP

Only one rent increase a year suggested for Qld tenants

The Queensland government's position on rent caps is clearer after the suggestion of limiting increases prompted backlash from real estate groups.

Nottingham Post

Nottingham City Homes denies responsibility for flat leaks as it forces entry into property

Tenants in a block of flats on Wyton Close are being affected by water leaks which Nottingham City Homes says are being caused by a private flat

The Guardian - AU

Queensland tenants and social groups welcome proposal to limit rent increases to once a year

But expert says limiting frequency of rent hikes without a cap is unlikely to make a difference amid rising rate of homelessness

The Guardian - AU

Will the RBA follow the US Fed in lifting interest rates despite banking turmoil?

Unnerved by a looming financial crisis, the US central bank has raised rates. Will Australia follow suit?

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