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MYSTERIOUS: 14 - What They Never Told You

Friday briefing: From New York to Hong Kong, how renting became unaffordable everywhere

In today’s newsletter: It’s not just the UK struggling with soaring rent and living standards – these four cities tell the story of a worldwide market in crisis

The Guardian - UK

The renters facing homelessness as soaring demand pushes prices sky-high

Fierce competition between would-be tenants leaves many losing out – just as inflation sends costs soaring

The Independent UK

Oxford Street poised for huge shift from shops to offices says report

Savills report says almost 1 million sq ft will convert over five years

Evening Standard

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Browns Hotel in Dartmouth put up for sale for £1.45m

Agency Savills said it expected the hotel to be a ‘highly sought after asset’

Birmingham Post

Whopping £3m mansion behind electric fence on leafy Merseyside road

The sprawling home is close to much loved regional beauty spots

Liverpool Echo

What does Jeremy Hunt’s Autumn Budget mean for London home buyers and movers?

Housing announcements were scarce but the Budget will impact buyers, homeowners and sellers over the next few months and years. Is it all doom and gloom?

Evening Standard

Highest uptake in solar panels for five years as UK homeowners raced to beat the energy price hike

The majority of pre-war homes in England hold an EPC of D or lower.

Evening Standard

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Trendy waterside apartment boasts amazing bay views from its three balconies

Special spot to find a trendy party pad oozing with interior design character

Wales Online

House price forecast: London property values to fall five per cent but avoid a crash

The latest forecast predicts a smaller fall than that predicted by other commentators in recent weeks

Evening Standard

TV's The Vicar of Dibley cottage is for sale and looks nothing like you expect inside

For sale for the first time in 60 years, and it's just had a £200k price drop too

Wales Online

Country home in a national park with sweeping views and a surprise converted barn

Character and charm, space and a special history

Wales Online

US clothing brand opens first Scottish store

The former Jack Wills unit on George Street in Edinburgh has changed hands

Insider UK

Rise in home repossessions as more people struggle with mortgage payments

Homeowners and buy-to-let sector hit by rising interest rates

Wales Online

Edinburgh to get Scotland's first shop from popular American clothing brand

Casual wear brand Abercrombie & Fitch will be moving into a property previously occupied by Jack Wills on the capital's desirable George Street, becoming the company's first store in Scotland.

Edinburgh Live

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The Independent UK

Home repossessions skyrocket as cost of living crisis deepens

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties, figures show

The Independent UK

Home repossessions skyrocket as cost of living crisis deepens, report reveals

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties

Evening Standard

Home repossessions jump 15 per cent in third quarter of 2022

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties.

The Independent UK

House prices: Should I sell my home before property values plunge?

Prices are set to drop by 10 per cent next near, some estate agents warn as Bank set to hike rate again

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Insider UK

Five star Edinburgh hotel sold off £7.5 million guide price

Seller Savills states that the capital's hotel market remains buoyant, with £25m worth of sales so far this year

Daily Mirror

See how much house prices could drop where you live - full list of areas

House prices could fall by 10% next year, according to experts at estate agents Savills — but how much property values will fall all depends on which region of the UK you live in

Evening Standard

The Standard View: Higher interest rates, spending cuts and tax rises leave the economy on the brink

When it rains, it pours. Estate agent Savills predicts that the mainstream London housing market will suffer the most acute fall in prices out of all regions in 2023. That’s despite properties in the city enjoying the more modest end of price growth since the pandemic.

Evening Standard

London to be hit hardest by house price fall — and prices will still be lower in five years

Bleak warning of 12.5 per cent slump for homeowners ahead of interest rate rise from Bank

Wales Online

House prices across UK expected to fall 10% next year

First-time buyers and buy-to-let investors will bear the brunt of increased affordability issue

The Independent UK

House prices predicted to fall by 10% next year

The prime housing market is expected to outperform mainstream house price growth, due to a lower reliance on borrowing by prime buyers, Savills said.

Evening Standard

With the Autumn Statement due on November 17 what’s next for London’s ‘nightmare’ property market?

Will the recent downturn in the London market develop into something more serious, or can the new Government restore some stability for homeowners and hopeful buyers?

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