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The Latest Breaking News on Real Estate

PPP crucial for affordable, sustainable housing, says Minister

Minister emphasizes importance of PPP housing projects for affordable and sustainable housing in Kerala, highlighting loan-linked subsidy program.

The Hindu

It’s the rise of the Phoenix – and it shows British new-build homes don’t have to be shoddy and antisocial

It’s rare to feel excited about UK housing developments, but this ambitious project in Sussex is truly remarkable, says writer and curator Phineas Harper

The Guardian - UK

10 Best Affordable Cities for Homebuyers on a Budget

10 Best Affordable Cities For Homebuyers On A Budget: These are the best affordable cities a median household income of 75k can afford.

Kiplinger

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Tourism tax: Hopes fade that Jeremy Hunt will axe it in Budget given limited room for tax cuts

As London business chiefs issue last minute appeals to the Chancellor to bring back VAT-free shopping for tourists

Evening Standard

Estate Planning for Your Aging Parents: A Delicate Balance

Protecting assets isn’t the only goal. Managing health care and taxes are also important, as is maintaining our parents’ dignity and security.

Kiplinger

UK house prices rise for first time in more than a year as mortgage costs drop

Average cost of a home increased to £260,420 in February, up by 1.2% on a year earlier, says Nationwide

The Guardian - UK

House prices rise for first time in over a year says Nationwide

Improved affordability of mortgages helps, but rates on mortgages are creeping higher into the Budget next week

Evening Standard

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UK interest rate cut ‘remains some way off’ says Bank of England chief economist – as it happened

Huw Pill needs to see more compelling evidence that the underlying persistent component of UK CPI inflation is being squeezed

The Guardian - UK

Terrace with Newcastle Baths on its doorstep listed for $7.25m to $7.95m

'You get the ocean view from every single room in the house'.

Newcastle Herald

NZ PM Luxon U-Turns over $52k accommodation handout

New Zealand Prime Minister Chris Luxon has pledged to pay taxpayers back $13,000 after outrage at him claiming an allowance to stay in his own apartment.

AAP

Nineteen English councils handed multimillion-pound bailout agreements

So-called capitalisation directions are risky and regarded as poor accounting practice, experts say

The Guardian - UK

Newcastle councillor says 'great work' by council 'never trumpeted'

The comments came amid a heated discussion about the quarterly budget

Newcastle Herald

BBMP must issue notice to owners prior to reopening property tax returns for scrutiny: Karnataka High Court

High Court of Karnataka mandates BBMP to issue prior notice for reopening property tax returns under SAS.

The Hindu

Scrapping non-dom tax status would damage the "international allure" of London's property market, warn agents

London’s prime property market could see an exodus of overseas investors if they are made to “feel unwelcome”

Evening Standard

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Kiplinger

Cut Your Wealth Transfer Taxes With a Family Limited Partnership

This estate planning tool facilitates tax-efficient wealth transfer, asset protection, legacy preservation and more.

Evening Standard

Spring Budget 2024: who’ll be the housing winners and losers in the election year?

Mortgages, stamp duty and rent reform could all figure in Jeremy Hunt’s statement

Crikey

Maybe it’s not (just) supermarket profits driving inflation

Forget Coles and Woolies — the real villains in one important inflation category are gouging transnational food and beverage firms.

The Guardian - UK

UK property sales forecast to rise by 10% as buyers and sellers return

Data from online property company Zoopla showed the housing market is on track to reach 1.1m transactions across this year

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news in one place.

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Evening Standard

London sees 16% uptick in number of homes sold as market bounces back, reports Zoopla

The property portal forecast that there will be 10 per cent more homes sold in 2024 than last year

The Guardian - AU

When my parents went into aged care, I helped clear out my childhood home – and realised I need to live lighter

After sifting through monuments of childhood, Margaret McNally realised it was time to confront her own belongings – and those of her late husband

The Guardian - UK

Millennials on course to become ‘richest generation in history’

Generational transfer of wealth largely built up in property will amount to $90tn in US alone, report says

The Guardian - UK

The ‘launderette family’ fighting to save a community space in east London

Residents were shocked when Tower Hamlets council shuttered a much-loved resource in the gentrifying area

Evening Standard

Taylor Wimpey points to signs of spring in the house market after 2023 slowdown

Profits fall and shares follow but the FTSE 100 developer stays upbeat

Evening Standard

London councils spending £90m each month on homeless accommodation

More than 175,000 Londoners are thought to be homeless and living in temporary accommodation

AAP

Escape to the country cools off as cost of living bites

Internal migration has dropped as fewer people make the move between the cities and the regions, but those who are escaping the rat race are going to the coast.

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