Spacious 12-bedroom Grade I Listed country manor goes on the market for £1.5million

A spacious 12-bedroom country mansion, which has been in the same family for nearly 200 years, has come on the market for the first time at £1.5m. Grade I listed Nunnykirk Hall in Northumberland was built in 1825 for the wealthy Orde family, who made their wealth by breeding successful racehorses. The Georgian house was … Read more

Sydney luxury property: Real estate agents tell of run-ins with fake and fraudster buyers

High-end real estate agents are being harassed by fake buyers, including making them test the pool water or fraudulently occupying private islands to use as sex traps. The surge in fictitious buyers has prompted the agent handling the sale of dead fraudster Melissa Caddick’s Sydney mansion to ask for a $10,000 deposit from anyone who … Read more

Urgent warning to all Westpac and Commonwealth Bank mortgage-holders

Urgent warning to all Australian mortgage holders as economists warn of one last huge interest rate hike ahead Australians have been warned that one last “oversized” interest rate hike is coming Since May, the RBA has pushed interest rates to an all-time high of 2.35 percent. Interest rates will impact consumer spending as the global … Read more

Typical mortgage payment has soared $337 in just six weeks as interest rates almost hit 7%

The average US homeowner saw their monthly mortgage payment increase by 15 percent or $337, according to a shocking new report from red fin. The report goes on to say that the rise in mortgage rates of about seven percent is the highest since July 2007, shortly before the crash that triggered the Great Recession. … Read more

Meta debuts ‘Make-A-Video’ AI system that generates videos from nothing but TEXT prompts

Meta features an AI system that generates videos from TEXT prompts, with some creepy and surreal results Meta’s new artificial intelligence can generate video clips from nothing but text The artificial intelligence system, called Make-A-Video, was trained on a combination of existing captioned images and untagged videos. So far, it produces results that are impressive … Read more

Middle-class families turn to ultra-long mortgage deals to lower their monthly repayments 

Here comes the 40-year mortgage: Middle-class families turn to ultra-long mortgage deals to lower their monthly payments There are fears that the Bank of England may raise interest rates to six percent next year. Some borrowers could be in debt well into retirement with 40-year loans Experts say middle-class families are used to having too … Read more

What will stamp duty changes mean for your house-moving plans?

This week’s headlines have focused on mortgage chaos and interest rates, but there is one piece of good news to watch out for. Thousands of home buyers who completed their purchases in the last seven days have already benefited from the stamp duty cut announced by Chancellor Kwasi Kwarteng in his controversial mini-Budget, with property … Read more

Marrickville Sydney property: Dramatic photos reveal the state of a derelict house for sale

An abandoned house dating to the early 1900s has been put on the market and could sell for about $1.8 million, according to real estate specialists. The deceased property in trendy Marrickville in inner-west Sydney was announced on Monday, revealing derelict interiors, neglected furniture and abandoned household items still inside. The four-bedroom house sits on … Read more

Digital Finance Analytics model predicts Australian house prices could plunge by 44 per cent

House prices in Australia could fall as much as 44 percent if the Reserve Bank keeps raising interest rates to tackle the worst inflation in more than three decades, a new model shows. Economic research firm Digital Finance Analytics has modeled best and worst case scenarios for property prices as Australia’s inflation rate rises to … Read more

Estate agents call up rich Londoners saying foreign investors are eager to buy due to cheap pound

Estate agents are calling wealthy London homeowners to alert them to eager international buyers looking for cheap properties after the pound plunged. Sterling tumbled to a record low against the dollar of $1.0327 on Monday after the Kwasi Kwarteng mini-budget, and although it has rebounded slightly to $1.10, foreign investors will still stand to benefit … Read more