British families are on course to spend £40bn more than they earn this year, fuelling fears that the country’s economic growth is based on soaring levels of debt and could easily collapse. The forecast by the independent Office for Budget Responsibility (OBR) led to warnings that the UK could be heading towards a credit crunch similar to that of 2008 because of unsustainable levels of borrowing and household spending. Five years ago UK households were firmly in the black, running a Read more [...]

A part of Huddersfield’s industrial heritage - labelled a “Sleeping Giant” - could be about to get a new lease of life. Developers wanting to convert the Newsome Mills site into a residential project have indicated that work is due to commence in 2016. The firm cannot give a precise date but it will mean an end to seven years of campaigning for the former mill to be regenerated. Read more: Huddersfield urban explorers capture spectacular images from town's deserted buildings Read more: GoPro Read more [...]

• Location:

  Rotherfield

• Price: $5,400,000

This nine-bedroom house in a conservation area includes 39 acres of land with three lakes, a swimming pool and a tennis court.—Nick Clayton

Comments (0) A new Churchill Retirement Homes development on the site of properties in Coppice Street, Shaftesbury, has been given the go-ahead by North Dorset District Council planners.The proposal to demolish the group of 20th century houses and bungalows and build 38 retirement apartments was considered by the development management committee at its December meeting, and came with an officer recommendation of approval which was agreed unanimously.The main Read more [...]

One in a continuing series spotlighting real estate markets in the region's communities. "Chi will buy Chi," veteran real estate agents in this part of Delaware County know well. That is to say, people in Lower Chichester (the census-designated place known as Linwood is its biggest component) Read more [...]

One person has been killed and nine others injured after an avalanche buried about 10 houses on the Svalbard archipelago in the heart of the Norwegian Arctic. The governor’s office said a 40-year-old man was killed by the avalanche on the slopes of Mount Sukkertoppen overlooking Longyearbyen, the archipelago’s remote capital where coal-mining families and polar bears live side by side. Related: Svalbard's polar bears and the effects of climate change – in pictures A spokesman for the local Read more [...]

They are home to the business elite, sportspeople and celebrities - and they don't come cheap.A list of the top ten most expensive suburbs in Australia in 2015 has been revealed.Most of the suburbs are within Sydney and Melbourne, cities that regularly feature in top ten lists of the world’s most liveable cities but are also very pricey.Despite a slower growth rate in the housing market in the third quarter, the average median house price for Australia's eight capital cities rose 2.3 per cent, Read more [...]

Comments (0) SEVENTY-one new houses could still be built just outside Langport if two planning appeals against the district council are successful.South Somerset District Council voted at its area north committee meeting in April to refuse two connected applications to demolish part of an ancient wall at Old Kelways, which would allow access to the site near Wearne Lane in Huish Episcopi.Now the Cook family, which filed the original applications, has launched Read more [...]

Property tycoon Wang Jianlin - worth more than £20bn - bought ten-bedroom home on Kensington Palace GardensUnique London mansion boasts nine bathrooms, several grand entertaining rooms and an indoor swimming poolLand Registry documents show the lease was agreed between The Crown Estate, The Queen and Mr Wang's wifeMansion, which needs fixing up, is likely to be worth up to £140million, or £7,000 per square foot when refurbishedBy Lydia Willgress for MailOnline Published: 17:18 Read more [...]

Property tycoon Wang Jianlin - worth more than £20bn - bought ten-bedroom home on Kensington Palace GardensUnique London mansion boasts nine bathrooms, several grand entertaining rooms and an indoor swimming poolLand Registry documents show the lease was agreed between The Crown Estate, The Queen and Mr Wang's wifeMansion, which needs fixing up, is likely to be worth up to £140million, or £7,000 per square foot when refurbishedBy Lydia Willgress for MailOnline Published: 17:18 Read more [...]