The British Property Federation reports that despite market challenges, the number of completed Build-to-Rent homes in the UK has increased, highlighting the sector's resilience.
The Bank of England warns that nearly one million UK households will face higher mortgage payments due to rising interest rates, potentially impacting financial stability.
Urban Logistics REIT PLC highlighted the adverse impact of Russia's invasion of Ukraine as a contribution to a significant shift in its financial performance.
Restructuring England's poor housing could yield £135 billion in societal benefits, according to the Building Research Establishment.
UK house prices grew slightly in June but fell at the fastest rate since 2009, impacted by soaring mortgage costs, with two-year fixed-rate mortgage rates climbing past six per cent.
Rising costs, affordability concerns, and economic uncertainty impact the housing market, with interest rates now standing at five per cent in the UK, the highest level since April 2008.
NHF England's report highlights the pressing housing crisis, with 8.5 million people in England lacking appropriate housing. The report calls for a long-term plan and transformative approach to address the issue ahead of the general election.
Thirty industry bodies, including housebuilders, housing associations, and charities, oppose the proposed Infrastructure Levy, warning it threatens affordable housing and infrastructure development in England.
A reported 1.3 million UK households with mortgages were already expecting increased costs at the start of the year. The latest data means there is more pain yet to come.
HSBC's return to the mortgage market amid rate adjustments reflects a turbulent landscape and changing economic conditions.
Workers at the Housing Ombudsman and the Regulator of Social Housing have announced a week of strike action in June.
Dubai's invincible real estate magnate Anthony Joseph Abou Jaoude recently gave a glimpse inside a stunning $40,000,000 Dubai luxury villa in Emirates Hills.
Real estate developer, Erth Real Estate Company, and hospitality group, Accor, have set out plans to bring three new hotels to the Saudi Arabian capital.
"Making money off your home is ideal for people that don't have much time and want to generate cash to help with their bills," says Greg Wilson, CEO and co-founder of Quotezone.co.uk.
A recent report displays extreme vetting procedures from landlords and letting agents, with the rules and regulations established on the amount of information allowed to be used by a landlord referred to as "very opaque".
UK homeowners should consider a 'product transfer', which doesn't require legal help, when remortgaging their homes, according to Uswitch's remortgage adviser Kellie Steed.
