London Exodus Regret: Couple's Somerset Move Turns Sour
A couple who left London for Somerset in 2018 now question their decision as mortgage hikes, commuting costs, and inflation erode their savings and lifestyle gains.
Category : Property
Suspicious Fire at Historic Church-to-Mosque Site Sparks Hate Crime Concerns
Victoria police are investigating a suspicious fire at a 168-year-old former church being converted into a mosque in Kilmore. The Islamic community calls for it to be treated as a hate crime amid rising Islamophobic incidents across Australia.
Trump Mortgage Fraud Probe Referral by Letitia James
Former President Donald Trump is under investigation for mortgage fraud, with New York Attorney General Letitia James referring the case to federal authorities for potential criminal charges.
Melbourne Home Prices Decline as Housing Market Slows
Melbourne's property market is experiencing a slowdown with home prices slipping since the start of the year, while RBA officials warn of potential interest rate hikes amid inflation concerns.
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UK Mortgage Rates Hit 5.50%, Highest Since August 2024
The average UK mortgage rate has climbed to 5.50%, the highest level since August 2024, driven by inflationary pressures from the Iran war. Borrowers face annual cost increases exceeding £1,075 on typical loans.
Croydon's Free and Discounted Services for Residents
Discover the extensive range of free and discounted services available to Croydon residents, from cost of living support and family programs to leisure activities and cultural access.
Three-Year Water Leak Nightmare Ends for London Family
A Brixton family's three-year ordeal with a 326-liter-per-hour water leak has finally been resolved by Thames Water, but they continue to battle multiple housing disrepair issues in their council property.
Rent Crisis: UK Housing Shortfall Reaches 1.6 Million Homes
Rents now consume a record 36.1% of average earnings, driven by a severe shortage of affordable social housing and declining rental supply, according to the latest UK Housing Review.
South London Hospital Wing Demolition for 150 Flats Approved
Plans to demolish the former Regent Wing of Kingston Hospital for 150 build-to-rent flats have been recommended for approval by council officers, with a decision expected next week.
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Win £1.4m Home, Supercars, Cash in Last-Chance Draw
Time is running out to enter a luxury prize draw offering a Lancashire home, Rolls Royce Cullinan, Lamborghini Huracan, and £100k cash. Tickets start at 19p, with the deadline on March 31.
Guinness Index: Pint Prices Vary Across London Boroughs
City AM's Guinness Index tracks inflation through pint prices, revealing an average London cost of £5.45 with borough disparities up to £7.62 in Kensington and Chelsea.
Mortgage Rates Soar Past 5.5% Amid Iran War Volatility
UK mortgage rates have skyrocketed, with average five-year fixed deals hitting 5.54% and two-year fixes at 5.56% as the Iran conflict rattles financial markets, causing lenders to withdraw hundreds of deals.
London's £10m Super-Prime Property Market Dynamics
An insider's perspective reveals how London's ultra-high-end residential market operates with distinct dynamics, driven by scarcity, strategy, and global appeal rather than conventional market fluctuations.
Hounslow HMO Landlords Face £30k Fines for Violations
Hounslow Council warns all HMO landlords to address safety and compliance issues within four weeks or face immediate fines up to £30,000, prosecution, and banning orders following over 600 complaints.
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Chelsea Residents Call Estate 'Rat City' Over Vermin Problem
Residents of a Chelsea housing estate have nicknamed it 'rat city' due to a persistent rat infestation, with burrows measuring up to eight inches and traps set around the grounds.
Croydon Hotel Auctions 800 Items, Prices Start at £5
The Birch Selsdon hotel in Croydon, closed in 2023, is auctioning over 800 bespoke items, from mushroom lamps to sofas, with bids starting as low as £5. The live online auction offers a rare chance to own designer pieces at a fraction of their original co
Student Debt Swap for Home Equity Proposed by Builders
A new report backed by major housebuilders urges the government to allow graduates to exchange student debt for government equity in first homes, aiming to boost affordability and construction.
Firm Denies Mass Evictions Before No-Fault Ban, Minister Probes
Criterion Capital faces scrutiny after issuing section 21 notices to tenants, with the housing minister demanding urgent answers ahead of England's eviction ban.
Mr Motivator Urges Government to Tackle Bed Poverty Crisis
Fitness star Mr Motivator calls for bed poverty to be treated as a national emergency as Barnardo's reports 40% surge in furniture requests from struggling families.
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Cape Town Housing Crisis: Digital Nomads and Airbnb Under Fire
Cape Town's housing crisis escalates with soaring rents and property prices, sparking anger toward digital nomads and Airbnb. Over 400,000 await social housing as middle-class residents face displacement.
Plaistow Flats Get Fifth Storey Approval from Newham Council
Newham Council has approved plans to add a fifth storey to Francis House in Plaistow, creating five new flats. The developer originally sought two extra floors but scaled back following planning advice.
London Train Driver Wins Dream Car After Birthday
A London train driver, Caster Mathurin, won a £53,000 Land Rover Discovery Sport with a free ticket, just two days after his birthday, in a surprise reveal by BOTB presenters.
Grimsby's West Marsh: Most Property Space for £100k in UK
A new analysis reveals DN32 in Grimsby provides the highest square meterage per £100,000 in the UK, with affordable Victorian homes and regeneration potential attracting buyers.
London Golf Course Sale Approved for 1,100+ Homes
Barking and Dagenham Council leaders confirm sale of Crowlands Heath Golf Course to Homes For Life for development of over 1,100 homes with 60% social housing and key worker accommodation.
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Councils Defy Ministers in 'Declaration of War' Over Housing
Local councils are ignoring ministerial orders to approve housing projects, with a developer calling it a 'declaration of war' on Labour's 1.5 million homes target. Sky News reveals over £20m in costs from unreasonable decisions.
Richmond Slams Westminster Over Garden Court Evictions
Richmond Council has launched a blistering attack on Westminster City Council over its purchase of Garden Court housing block, which triggered mass eviction notices for elderly and disabled residents.
Legal Experts Protest Jury Trial Cuts at Westminster Abbey
Former judge Alan Moses proposes using retired judges to clear court backlogs instead of restricting jury trials, as solicitors and academics protest government plans outside Westminster Abbey.
Mortgage Deals Drop 20% After Iran War Outbreak
The UK mortgage market has contracted by nearly a fifth since conflict erupted in Iran, with lenders withdrawing over 1,500 deals as swap rates surge and inflation fears mount.
Mortgage Market Hit by Rate Rise Fears, Moneyfacts Warns
Financial markets predict four Bank of England rate hikes this year, driving mortgage costs higher and causing product withdrawals, with experts divided on the likelihood.
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200,000-Home New Town Plan Unveiled, Five Sites Cut
The government has announced plans for seven new towns with up to 200,000 homes, though five sites have been removed from the shortlist. The scheme aims to boost housing supply amid industry concerns about targets and SME challenges.
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