Housing
Residents of the Bloor Estate in Elgar Park, Lower Broadheath, near Worcester, claim they were misled by sales teams when purchasing their homes. Specifically, they allege that promises were made to retain a 14ft hedgerow, which blocked dust from an adjoining building site, but it was later removed without planning
Housing
Brett and Mei's dream of buying a house with a backyard has been lost, as the decision on 505 Minmi Road has taken the opportunity away from families and first home owners. The rezoning of the site from housing to conservation has delayed housing, reduced potential supply, and
Housing
Redrow is launching exclusive deposit contribution schemes for key workers and armed forces members at its developments in Oldham, including Bishop Meadows and Broadstone Manor. The schemes will provide a five per cent deposit contribution of up to £15,000 towards new homes. The events will take place at both
Housing
UK home sales rebounded in May, with provisional data showing an increase of 25% compared to April, following a plunge in sales at the end of the stamp duty holiday. The HM Revenue & Customs data revealed that around 81,470 home sales were recorded in May, which is a
Housing
In a milestone for affordable housing in Bakersfield, the first homes under the city's Community Land Trust program are now available to pre-qualified applicants. The program, created by the City Council in 2023, aims to provide permanently affordable homes to first-time buyers. The first two homes, located on
Housing
Rental prices in smaller urban centers have reached unprecedented levels, nearing those seen in the country's most expensive real estate markets. According to a recent report by Statistics Canada and Canada Mortgage and Housing Corp., the average asking rent for an individual room in Kamloops, Guelph, and other
Housing
Nationwide, the UK's biggest building society, is increasing its mortgage lending for new build homes by allowing borrowers to access loans of up to 95% loan-to-value (LTV). This change aims to tackle affordability challenges and deposit requirements that have hindered the new build sector. The move is part
Housing
First-time buyers in the UK often rely on financial help from their families, typically purchasing homes two years earlier and for nearly £40,000 more than those who do not receive assistance. This trend, however, risks deepening the inequality in the housing market. A recent analysis by UK Finance looked
Housing
Niagara's housing construction has cooled to its lowest pace in a decade, with new starts plummeting 23% from the same period last year. The Canadian Housing and Mortgage Corp. report, released in May, revealed that from January to May, Niagara saw 628 housing starts across all dwelling types,
Housing
As Canadian renters eye the property market for potential future purchases, a growing number are choosing to delay their entry into homeownership due to affordability concerns, a recent survey suggests. According to the Royal LePage report, commissioned by Burson, a notable trend is emerging: renters are holding out for housing
Housing
As the Millennials have now reached nearly 50% homeowners and 50% renters nationally, their coming-of-age years influenced by a pandemic, inflation, and labor market volatility, the "cusp" of this generation and Gen Z is emerging as a significant force in shaping future housing trends. According to Ali Wolf,
Housing
The Kansas City housing market is taking a moderate approach as the nationwide buyer's market experiences a significant shift. In a reversal from just a few years ago, Redfin estimates that there are nearly 500,000 more home sellers than buyers across the U.S. housing market. This
