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Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’ Analysis: will the Bank listen to business and halt rate rises?Mortgage arrears jumped by 13% in the second quarter of the year to the highest level since 201…
Studio City home used for exterior shots in the famed sitcom was recently renovated to also look like the Brady house insideThe Los Angeles house that stood in for the home in The Brady Bunch has sold for US$3.2m (£2.55m, A$4.97m), 42% below the $5.5m …
Halifax says prices fell by 4.6% as high interest rates dents homebuyer demandBusiness live – news updates UK house prices suffered their sharpest annual drop in 14 years, as the seasonal summer slump and high mortgage costs dragged on sales.Data relea…
New regulations expected to affect tens of thousands of illegal short-term listingsNew New York City rules on Airbnbs and short-term rentals went into effect on Tuesday, with tens of thousands of illegal short-term listings expected to be affected.The …
Housebuilder reports £705m profits but ‘mortgage affordability challenges’ affect purchasesBritain’s biggest housebuilder has warned that conditions will “continue to be difficult” for the housing industry over the coming months as potential buyers str…
Politicians’ promises to rid Britain of ‘dirty money’ in the aftermath of Russia’s invasion of Ukraine haven’t come to fruitionIn the aftermath of the Russian invasion of Ukraine, the government promised to clean up dirty money flowing through London. …
August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021Business live – latest updatesUK house prices fell 5.3% in August compared with the same month last year, the fastest annual drop in 14 years, accordi…
Interest rate rises on mortgages are weakening demand, property website saysThe number of UK homes sold this year is expected to fall to the lowest level in more than a decade, as the soaring cost of mortgages puts off homebuyers.House sales reaching c…
Affordability problems for first-time buyers mean parents, grandparents and siblings are stepping in to helpThe “bank of mum and dad”, where homebuyers rely on their parents to get a foot on the property ladder, has long been a key part of the UK housi…
Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuildersA “significant minority” of landlords and letting agents may not be following consumer protection rules, according to the UK’…