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The Latest Breaking News on Real Estate

Labour plan for 1.5m new homes is not feasible, housebuilding firm says

Head of Barratt Redrow says sector faces ‘national crisis’ due to skills shortage, ageing workforce and Brexit

The Guardian - UK

Labour’s British building boom not possible, construction authorities say

Asked Labour’s vow to build 1.5 million homes is achievable, Barratt Redrow chief executive David Thomas said: “The short answer is no.”

Evening Standard

The three reasons home-insurance bills are only getting worse

High home insurance prices are the new normal, according to insurance analysts

The Independent UK

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‘Hummus hunk’ faces sex assault charges alongside real-estate mogul brothers

Ohad Fisherman, a close friend of the embattled Alexander brothers, is presently in Japan on his honeymoon, his attorney said in court on Friday

The Independent UK

3 REITs for Reliable Income in an Inflationary Market

REITs offer reliable income by capitalizing on inflation-driven rent and property value increases, consistently outpacing inflation, providing steady payouts, and acting as a hedge. Hence, in an inflationary market, it could be wise to consider investing in robust REITs like W. P. Carey (WPC), SBA Communications (SBAC), and Ladder Capital…

StockNews.com

New Details About Alexander Brothers' 'Serial Sexual Violence' Include Parties in Tulum, Mexico

Over 40 women have come forward with sexual assault and rape allegations against the prominent figures of the luxury real estate industry

Latin Times

Council considers empty offices and tenements for homeless accommodation

Empty offices and a number of Glasgow’s pre 1919 tenement blocks could be converted into homeless accommodation in a bid to hep tackle the growing…

The National (Scotland)

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Bank of England expected to hold interest rates after jump in inflation

Policymakers are unlikely to give mortgage holders an early Christmas present this year, after inflation rose in October.

The Independent UK

How Lower Interest Rates Will Help the Housing Market

Lower interest rates will give the industry life again as they will likely create more demand and more incentives for developers and thaw a static market.

Kiplinger

What is grey belt land and what is the green belt? Sir Keir Starmer announces plan to transform house building

‘Builders and not blockers’ approach for government in house-building push

Evening Standard

Kensington and Chelsea Council extends ban on Grenfell contractors from future projects

The decision was finalised during a leadership meeting on December 11

Evening Standard

China signals it's prepared to double down on support for the economy as Trump tariffs loom

Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy

The Independent UK

After the bulldozer: Indian Muslims grapple with loss amid demolished homes

From death to the loss of relationships, India’s wave of bulldozer demolitions leaves a long-lingering trail of despair.

Al Jazeera

GP payroll tax, first homebuyer stamp duty scrapped

A state government has fulfilled more of its election promises by scrapping a "patient's tax" and stamp duty for first-home buyers.

AAP

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The Independent UK

Luxury real estate broker and his twin held without bail on sex trafficking charges

A prominent luxury real estate broker and his identical twin brother have appeared in a Florida courtroom Thursday on sexual assault charges

The Independent UK

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row

The Guardian - UK

UK housing crisis: what does Labour’s shake-up of planning rules involve?

Government report outlines how it intends to build 1.5m homes by the end of the parliament

The Guardian - UK

Housing must take priority over nature, says Starmer in green belt reform plan

Councils given mandatory targets to deliver 370,000 homes a year in England, including through review of green belt boundaries

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Marie Claire

The Cast of 'No Good Deed:' What to Know About the Stars and Characters in the Netflix Series

If you loved 'Dead to Me,' you'll want to watch this star-studded new Netflix comedy.

Evening Standard

Brownfield sites alone cannot solve London's worsening housing crisis

We have under-built for a very long time - London hasn’t built 80,000 homes in any year since the Second World War.

The National (Scotland)

Fact check: Does Keir Starmer's criticism of housebuilding in Scotland stand up?

KEIR Starmer has been called out for claiming housebuilding has “ground to a halt” in Scotland at Prime Minister’s Questions.

Evening Standard

Greenbelt should be in sights of councils that ‘max out’ brownfield land for housing, minister says

The Government is ‘absolutely willing’ to take a local plan away from councils that refuse to meet homebuilding targets, Matthew Pennycook warned

The Independent UK

Fact check: Housebuilding starts have fallen for four quarters in Scotland

Reduced numbers of houses being built has alarmed some in the industry but construction work and completions continue.

Evening Standard

Mystery man found bludgeoned to death in garden of £1m London home was 'unlawfully killed'

A coroner concluded the mystery man was bludgeoned to death unlawfully, dismembered, and buried in the garden

AAP

Migration 'splash' easing in Australia: expert

An expert has dismissed claims international students are impacting the national housing market, saying a post-pandemic "migration splash" is easing.

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