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The Latest Breaking News on Real Estate

Voices: It’s all over for interest rate cuts – get your new mortgage deal now

COMMENT: The markets now expect only one more cut over the next year – and lenders are likely to react by raising their prices, writes James Moore

The Independent UK

Residents in Edinburgh suburb ‘forced to pay £40k for retrofit scheme', report warns

LIVING Rent has called on Scottish ministers to intervene amid a retrofit scheme that could reportedly leave local homeowners in a huge amount of…

The National (Scotland)

Can Ramaphosa charm offensive help fix South Africa’s ties with Trump’s US?

South African leader keeps calm in the face of an ‘ambush’ by Donald Trump about false ‘white genocide’ claims.

Al Jazeera

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46 Bad Real Estate Agent Experiences That Got Shared Online

Admittedly, not everyone is cut out to be a realtor.

Bored Panda

How much the average UK house price increased in March and why

Households have been clobbered by a raft of ‘awful April’ bill increases

The Independent UK

Vacant offices, strip malls may get new life as housing in Texas’ largest cities

The bill is part of a suite of GOP proposals aimed at curbing the state’s high housing costs — chiefly by allowing more homes to be built.

The Texas Tribune

Why Canadian Snowbirds Are Ditching Their US Homes

From rising costs to political tensions, here’s why foreign homeowners are selling and what it could mean for the American economy.

Kiplinger

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Democratic Senator Under Fire for 'Disappointing' Vote to Make Trump-Pardoned Charles Kushner an Ambassador: 'I'm Furious'

Sen. Cory Booker drew backlash for backing Charles Kushner's confirmation as U.S. ambassador to France, making him the only Democrat to support the nominee.

International Business Times

OPINION - Sadiq Khan's green belt plan is dangerous madness — I have a better solution to our housing crisis

Sadiq Khan has promised to get London building… again. It is not the first time he has promised new houses and then failed to deliver. In fact, since 2015, the year before Khan took office, new housing starts have declined by 70 per cent.

Evening Standard

Spain's Airbnb Crackdown: 65,000 Holiday Rentals Blamed For 'Housing Crisis'

Spain removes 65,000 Airbnb listings to control illegal rentals, addressing housing shortages and making homes more affordable for locals.

International Business Times UK

Borrowers rejoice as rates cut amid 'uncertain' times

The official cash rate has a three in front of it for the first time in two years, after the Reserve Bank cut interest rates by 25 basis points.

AAP

Bedrock in the bedroom and an indoor stream: is this Arizona’s strangest home?

Sidewinder Ranch, a 40-acre property built over natural rock formations, comes with desert views and a bulldozer

The Guardian - US

Developer asks permission to slash affordable housing at north London scheme

Council is told developer faces ‘commercial risk’ if they deliver all of the affordable homes they had said they would

Evening Standard

Nicușor Dan, the maths prodigy who beat an ultranationalist for Romanian presidency

Bucharest’s crusading mayor appeals for ‘specialists, civil society, new people’ to help him deliver change

The Guardian - UK

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Evening Standard

The real reasons why Sadiq Khan has failed to fix London’s housing crisis

Mired in regulation and hit by rich foreign investors fleeing, house building in the capital has all but ground to a halt. Will Khan’s green belt U-turn really help, asks Jonathan Prynn

The Guardian - UK

At least £64bn of property in England and Wales hidden behind opaque trusts

Campaigners say secretive ownership structures are becoming the ‘go-to vehicle for kleptocrats’

The Guardian - UK

Average asking price for home in Great Britain hits new high of almost £380k

Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyers

Evening Standard

Revealed: London borough with highest number of tenants threatened with eviction

Exclusive: Analysis of official data has revealed that Barking and Dagenham has the highest rate of possession claims

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news in one place.

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Evening Standard

Old Bailey flat to be split in two after manager left with nowhere to stay

The Keeper has been unable to reside in their designated property due to it being used to accommodate judges

The Independent UK

Selling Greek Cypriot property in the breakaway north of split Cyprus? You could end up in court

A lawyer says Cyprus won’t stop taking to court realtors and developers who illegally make money off Greek Cypriot properties in the breakaway north of the ethnically divided island nation

The Guardian - UK

Edinburgh tops list as US housebuyers eye a UK home

US inquiries at eight-year high with Glasgow also in top 10, estate agents say

Kiplinger

Missouri Leads Capital Gains Tax Repeal: Will Your State Follow?

As one state becomes a test case, policymakers and taxpayers across the U.S. will be watching closely to see what happens next.

Evening Standard

Owner of £3m Mayfair townhouse ordered to destroy 'illegal' basement — featuring gym, sauna and cinema

The Planning Inspectorate has ordered the homeowner to ‘restore’the Grade II-listed building in Central London after an unsuccessful appeal

The Independent UK

18% quarterly jump in homeowner mortgage repossessions

Current repossessions predominantly relate to older mortgages, UK Finance said.

Evening Standard

Revealed: London boroughs plan to cut spending on council housing by £264million

Capital’s local authorities beg ministers to ‘stabilise the social housing sector’ as they prepare to make ‘deep cutbacks’

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