September 20, 2021
  • 10:13 am Bank of Ireland sees losses surge
  • 10:13 am Retail sales up faster than forecast
  • 10:12 am Investors attack Mecom
  • 10:12 am Hedge funds lost out in August after stocks fell
  • 10:10 am Diageo says Europe is weak

first_imgForget buy-to-let! I’d buy these FTSE 100 property stocks instead Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves | Saturday, 11th January, 2020 | More on: BLND SGRO Simply click below to discover how you can take advantage of this. See all posts by Rupert Hargreaves I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Owning buy-to-let property has been an easy way to make money in the past. However, rising property prices, higher levels of taxation and increased regulation have made it harder to earn a decent profit in the industry over the past few years.As such, it might be better to avoid rental property altogether and buy FTSE 100 property stocks instead. These businesses allow investors to own a piece of property without having to worry about property management, finding tenants or complying with regulation.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Here are two FTSE 100 property stocks that look attractive right now.British Land CoPain on the high street has hurt investor sentiment towards British Land Co (LSE: BLND). The real estate investment trust (REIT) has significant exposure to retail property, and this has been having a negative impact on the value of the company’s properties.However, recent trading updates show that management is coping well with the current environment, and is taking action to reduce exposure to retail property. British Land has been selling off non-core retail assets and reinvesting the proceeds back into office properties, particularly London office properties where demand is still robust.At the same time, the company has been pursuing a multi-billion pound development pipeline, which should produce long term value for investors.Even though the company is taking action to reduce its exposure to the retail sector, the shares continue to trade at a significant discount to net asset value. The stock’s price-to-book (P/B) ratio is just 0.72. When combined with its dividend yield of 5.4%, it looks as if the shares offer a wide margin of safety at current levels with scope for significant capital gains and income over the long term.SegroWhile Brexit uncertainty has impacted most companies negatively, recent trading updates from warehouse manager Segro (LSE: SGRO) suggest that this REIT is benefiting significantly.Demand for warehouse space to accommodate stockpiling in the UK has helped push the company’s revenue to a new all-time high. At the same time, recent updates from the business show that its efforts to expand across northern Europe are also paying dividends.In fact, it looks as if Segro can’t build new warehouses fast enough. At the end of October, the group had over a million square metres of new space under construction in the UK, France (Paris) and Germany. The overall vacancy rate across the portfolio was just 4.9%, and new rental agreements have been signed with rental uplifts of as much as 20% in some places.These figures suggest that while shares in Segro might look expensive, the REIT has the potential to generate substantial capital gains and a steady passive income stream for its investors over the long run. A dividend yield of 2.3% and a P/B ratio of 1.3 might not look like much, however, over the past five years, the company’s book value has grown at an average annual rate of 17% and the per-share payout to investors has increased at 6% per annum.Considering, Segro’s growth pipeline, it looks as if this trend is set to continue.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Enter Your Email Address Rupert Hargreaves owns shares in British Land Co. The Motley Fool UK has recommended British Land Co. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shareslast_img read more

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first_img Canon for Family Ministry Jackson, MS Africa, Cathedral Dean Boise, ID Associate Rector Columbus, GA Director of Music Morristown, NJ Assistant/Associate Rector Washington, DC In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Sudan & South Sudan Missioner for Disaster Resilience Sacramento, CA Press Release Service Rector Smithfield, NC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Tags Featured Events Priest-in-Charge Lebanon, OH Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Bath, NC Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME Rector Tampa, FL Rector Albany, NY The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Submit a Press Release Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Featured Jobs & Calls Rector (FT or PT) Indian River, MI Rector Shreveport, LA An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET center_img Youth Minister Lorton, VA Bishop Diocesan Springfield, IL Submit a Job Listing Associate Priest for Pastoral Care New York, NY Anglican Communion, Rector Collierville, TN In South Sudan, agencies aid victims of inter-ethnic fighting Rector Washington, DC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Course Director Jerusalem, Israel [Ecumenical News International] Christian humanitarian agencies are delivering relief aid to thousands of people displaced in inter-tribal conflict in South Sudan, the world’s newest nation.The assistance is targeting nearly 60,000 people in Jonglei State where a cycle of violence between two pastoralist communities is continuing. The Lou-Nuer and the Murle have a history of raiding each other’s cattle, women and children, but Christian leaders want the communities to give up arms.“I urge the government to disarm the two communities (whose members posses illegal arms), simultaneously. The action should also be extended to other armed communities in the state,” Anglican Bishop Alapayo Manyang Kuctiel of Rumbek told ENInews in a telephone interview from South Sudan on Jan. 16. South Sudan was declared independent on July 9, 2011.The new round of violence started in late December after an estimated 6,000 fighters from the Lou–Nuer charged through Pibor County in Jonglei State, killing hundreds of people from the Murle community. Since then, the Murle have staged a series of revenge attacks. By Jan. 13, the government estimated that nearly 100 people had been killed in reprisal attacks. Within the last seven months, nearly 1,000 people have been killed in the cycle of attacks, according to the United Nations.With tensions escalating in the state and civilians fleeing their homes, the government declared the state a disaster zone on Jan. 5. It appealed to international relief agencies to provide humanitarian assistance to the affected population. In response, the U.N. has mounted a massive humanitarian operation to aid the people said to be living in the bush.“It is extremely difficult to reach these people as there are virtually no roads or airstrips. They will be lacking even the most basic supplies and services,” Arie Den Toom, the Lutheran World Federation (LWF) South Sudan country representative, said in a statement on Jan. 13.The LWF, alongside the U.N. agencies, is delivering non-food items, with medical supplies being provided in a hospital in the city of Juba. The group is working with other members of the ACT (Action by Churches Together) Alliance that include Norwegian Church Aid and the Sudan Council of Churches.“The people of Jonglei must be supported quickly — to end violence, protect civilians and provide humanitarian assistance even in the most remote area where access proves difficult,” said John Nduna, ACT Alliance general secretary.Leaders are now voicing concerns that the cattle raids are threatening stability in the new nation. The clergy, who had endured decades of civil war, had welcomed the new government as a “dawn of hope.” Curate Diocese of Nebraska Rector Knoxville, TN Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT By Fredrick NzwiliPosted Jan 17, 2012 Assistant/Associate Rector Morristown, NJ Associate Rector for Family Ministries Anchorage, AK Submit an Event Listing Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books Priest Associate or Director of Adult Ministries Greenville, SC Director of Administration & Finance Atlanta, GA Rector Pittsburgh, PA Rector Belleville, IL Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Rector Hopkinsville, KY Rector and Chaplain Eugene, OR Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Assistant/Associate Priest Scottsdale, AZ last_img read more

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first_img Tagged with: community foundations disaster UKCF launches UK-wide flood appeal Advertisement  35 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis UK Community Foundations (UKCF) has launched a UK-wide appeal to help all the regions affected by this winter’s floods.The money raised by its Winter Flood Recovery Appeal will be distributed to the UKCF’s member community foundations to be used where needed.A number of these foundations in areas affected by the floods have already set up their own appeals. According to UKCF, Cumbria and Lancashire Community Foundations have so far raised more than £4,000,000 working together, including Government match funding of £1,000,000. The Government has also pledged to match every pound of the first £2 million raised in the wake of Christmas’s Storm Eva.Fabian French, CEO of UK Community Foundations said:“Community foundations in the areas affected by the floods are already carrying out crucial work. In the long-term, community foundations will also provide grants for rebuilding projects. It is vital that we do all we possibly can to channel funds to the relevant community foundations where they can do the most good.”center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Melanie May | 8 January 2016 | News About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

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first_img Tagged with: Affordability inventory shortages low-income housing Rent prices Rental Rental Costs Single Family Rental The Best Markets For Residential Property Investors 2 days ago March 26, 2018 2,962 Views Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Low-Income Rental Housing Shortages Happening Nationwide Previous: Why Is Morale Declining in Homebuying Market? Next: Offsetting Housing and Environmental Stresses as Cities Expand in Daily Dose, Featured, Journal, Market Studies, News, REO, Secondary Market Home / Daily Dose / Low-Income Rental Housing Shortages Happening Nationwide David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The problem also extends to the rental side of things, with rent prices also increasing and renting becoming an increasingly popular option for many would-be homebuyers who decide renting is a better or more economically feasible option than saving up for a downpayment on a home. However, those inventory shortages are hitting the low-income segment of the population particularly hard, according to a report by the National Low Income Housing Coalition (NLIHC).The NLIHC has released its 2017 Gap Report, spotlighting the widespread shortage of affordable housing within the U.S. rental market. The Gap report defines “low-income renters” as those “whose income is at or below the poverty guideline or 30% of their area median income.” The NLIHC report found that, on average, only 35 affordable and available rental homes exist for every 100 extremely low-income renter households. Those statistics vary from market to market, ranging from 15 available and affordable rental homes for every 100 renters in Nevada, but coming in at 61 for every 100 renters in Alabama.The NLIHC report found that the 11.4 million extremely low-income (ELI) renter households accounted for 26 percent of all U.S. renter households, and 10 percent of all households overall. The U.S. marketplace is short 7.4 million affordable and available rental homes for ELI renters. To make matters worse, the report states that 71 percent of ELI renter households are “severely cost-burdened,” spending more than half of their income on rent and utilities.States with the greatest percentage of severely cost-burdened ELI renter households include  Nevada (83 percent), Florida (79 percent), California (77 percent), Oregon (76 percent), Hawaii (75 percent), Colorado (75 percent), and Virginia (75 percent). The degree of the shortages varies significantly by state, but the problem is nationwide. Wyoming is short 8,731 available and affordable rental homes for ELI renters. California, already known to be suffering severe inventory shortages across the board, is short by 1,110,803. According to the report, The states where ELI renters face the greatest challenge in finding affordable and available homes are Nevada, with only 15 affordable and available rental homes for every 100 ELI renter households, California (21 homes for every 100 ELI renter households), Arizona (26 homes for every 100 ELI renter households), Oregon (26 homes for every 100 ELI renter households), Colorado (27 homes for every 100 ELI renter households), and Florida (27 homes for every 100 ELI renter households).You can read the full NLIHC Gap report by clicking here. The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Wharton The Best Markets For Residential Property Investors 2 days ago Affordability inventory shortages low-income housing Rent prices Rental Rental Costs Single Family Rental 2018-03-26 David Wharton Share Save Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days agolast_img read more

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first_img Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Remember America’s heroes on Memorial Day By Blood Sugar Blaster Skip Book Nook to reopen Published 4:00 am Wednesday, September 9, 2015 Latest Stories Email the author “Agriculture is Alabama’s leading industry,” he said. “Agriculture pumps $2.7 billion into the state’s economy each year. That’s probably one of the state’s best-kept secrets. We all know about football, county fairs, parades and festivals but not one of those things could exist without our farmers.”Hale said it’s important for the Farm-City Committee to take every opportunity to tell agriculture’s story during the months leading up to Farm-City Week and to continue telling that story throughout the year.“Less than 1 percent of our nation’s population is listed as farmers,” Hale said. Plans underway for historic Pike County celebration Farm-City committee to tell agriculture’s story You Might Like JCA hosting Flowers’ book signing Thursday Steve Flowers, the preeminent authority on Alabama politics, will kick off his “Of Goats & Governors” statewide book tour from… read more The committee will also participate in the Peanut Butter Festival in Brundidge.All third-grade students in Pike County schools will be invited to participate in Pike County Farm Day on Oct. 8 at Cattleman Park.“The students will visit 11 stations where they will learn more about farm life and several of the stations have hands-on activities,” Hale said. “The last week of October, all fifth-grade students in the county will be invited to participate in Classroom in the Forest at Gene and Jana Renfroe’s farm. They will learn about forestry practices and how to identify various trees.”Hale said international students at Troy University will be invited to participate in Classroom in the Forest.The Pike County Farm-City activities will also include poster and essay competitions for students.A highlight of Farm-City Week is always the Farm-City Swap, where a member of the farming community and a member of the urban community swap jobs for a day.“Last year, the committee participated in a couple of tours of local industries and those people in Brundidge do a good job of attracting food manufacturers,” Hale said. “I think a tour of Southern Classic Foods would be very interesting.”Another tour on the committee’s planning board is Goshen’s Agri-Science Academy.Members of the Farm-City committee will also be available to speak about Farm-City Week and Pike County agriculture at club, organization and at other group meetings.To schedule a presentation, call the Pike County Chamber of Commerce at 334-566-2294. When President Lyndon Johnson proclaimed National Farm-City Week in 1967, one farmer fed and clothed himself and 39 others. A farmer today feeds and clothes himself and 155 others.“That’s the reason we need to tell agriculture’s story,” Hale said.To tell that story, the Pike County Farm-City Committee will participate in a variety of farm-city related activities beginning in early October with a booth at the Pike County Fair.“We have a booth at the county fair each year that highlights agriculture in Pike County,” Hale said. “When people see all of the crops that are produced in Pike County and the products made from them, they are amazed.” By Jaine Treadwell Pike County Sheriff’s Office offering community child ID kits Md: Do This Immediately if You Have Diabetes (Watch) Print Article Troy falls to No. 13 Clemson Sponsored Content The Farm-City Committee of the Pike County Chamber of Commerce has a yard-long slate of Farm-City activities planned leading up to Farm City Week, Nov. 20-26.The committee met Tuesday morning to discuss the plans that will tell the story of Alabama agriculture.The theme of this year’s Farm-City Week is “Agriculture: Sustaining Future Generations” and Randy Hale, committee chair, said many people don’t know the importance of agriculture in their daily lives.last_img read more

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first_imgPresident Joe Biden (Getty; iStock)President Joe Biden is extending federal limits on evictions through at least the end of March.Biden is expected to move quickly to extend protections for renters, Bloomberg reported, and may sign an executive order within hours of his inauguration. Biden will also ask federal agencies to consider extending foreclosure protections and forbearance options.The existing federal eviction order, in place since September, allows lower-income renters to claim financial hardship as a defense for an eviction for non-payment. It does not, however, preclude states from passing more comprehensive eviction bans, as New York state did in December.The reduction in economic activity to stem the spread of the coronavirus has left landlords with mounting unpaid bills. Moody’s estimates that landlords are owed $57 billion in back rent, utilities and fees.Meanwhile, the nation’s poverty rate has risen steeply in the U.S. since some federal aid benefits expired, according to economists from University of Chicago, University of Notre Dame and Zhejiang University. From June to November, the portion of Americans in poverty rose by 2.4 percentage points, or 7.8 million people, to 11.7 percent in November.[Bloomberg] — Georgia Kromrei Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsEvictionsJoe BidenRental Marketcenter_img Share via Shortlinklast_img read more

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first_img FacebookTwitterLinkedInEmailiStock/Thinkstock(NEW YORK) — Here are the latest scores from today’s sports events:NATIONAL BASKETBALL ASSOCIATIONToronto       93  Orlando         86New Orleans  115  Dallas         105Boston       100  Oklahoma City   99Minnesota    123  L.A. Clippers  109Atlanta       99  Utah            94Detroit      115  Phoenix         88Houston      115  Portland       111NATIONAL HOCKEY LEAGUEColumbus        5  N-Y Rangers    3Washington      4  Dallas         3N.Y. Islanders   4  Pittsburgh     1Edmonton        7  Carolina       3Florida         7  Ottawa         2Detroit         5  Philadelphia   4; SO  Tampa Bay       4  Toronto        3Winnipeg        2  L.A. Kings     1; OTColorado        5  Chicago        1Vegas           4  Vancouver      1San Jose        6  New Jersey     2Copyright © 2018, ABC Radio. All rights reserved. March 20, 2018 /Sports News – National Scoreboard roundup — 3/21/18 Written bycenter_img Beau Lundlast_img read more

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first_imgHome » News » Land & New Homes » Connells says Midlands new homes sales have bounced back previous nextLand & New HomesConnells says Midlands new homes sales have bounced backPromising sales figures show Brexit blues aren’t here to stayNigel Lewis10th October 201602,007 Views Connells has reported a 12% year-on-year increase in sales for its Midlands new homes division (pictured, right) which, the company says, marks a return to confidence within the region following June’s Brexit vote.The Connells team: (back row, left to right) Stephen Dey, Lloyd Young, Michael Feenan; (front row left to right)Donna Smith, Nancy Magar, Nerys Viner, Nicola Moore.Its Land and News Homes team racked up a “staggering” 210 new homes sales between July and September this year. It’s an achievement which, says Regional New Homes Director Donna Smith, has been helped by a “pro-housing government, record low interest rates and competitive mortgage products”.“New homes sales are currently flying across the Midlands and we’re not experiencing any hesitancy from customers in the wake of the referendum decision.“In fact, we’re seeing quite the opposite and with continued lack of supply, new homes continue to perform well and remain much in demand.”Developments which have helped the team deliver such strong results include sites in central Birmingham, Oldbury in the West Midlands and Lichfield in Staffordshire.Also, recent figures from NHBC confirm a national post-Brexit bounce for new homes. Its figures show that the number of newbuilds registered to be built in the UK during August reached 12,500, an increase of 20% compared to the same month last year.These results are a vindication for Connells’ relatively bullish position just after the Brexit vote, when chief executive David Plumtree (pictured, left) came out fighting, asserting that the “market is still strong” and that people “shouldn’t put their home moving plans on hold”.Connells most recent financial results from February, prior to the Brexit vote, revealed pre-tax profits of £62.5 million, up 19% year-on-year.midlands new homes connells October 10, 2016Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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first_imgHome » News » Housing Market » Mortgages at their most affordable for 10 years, says Halifax previous nextHousing MarketMortgages at their most affordable for 10 years, says HalifaxHalifax announces best home loan affordability for a decade, with borrowers spending less than a third of their disposable income on mortgage payments.The Negotiator20th March 20180924 Views The latest research from Halifax shows mortgages are at their most affordable for a decade, when expressed as a percentage of disposable income spent on repayments. A homeowner’s typical mortgage repayment in Q4 of 2017 accounted for 29% of their disposable income, a vast drop when compared to Q3 in 2007, when the figure was 48%.Halifax says the improved affordability stems from historically low interest and mortgage rates, despite a base rate increase in November 2017.Andy Bickers, Mortgage Director at Halifax, says mortgage affordability should provide a boost to first-time buyers and those trading up, giving pace to the modest market recovery that’s currently taking place: “In recent months we have seen the number of first-time buyers and home movers purchasing a home with a mortgage bounce back towards 2007 levels, and mortgage payments becoming a much smaller proportion of disposable income across most of the country will also support a healthy market with more choice and opportunity.”In recent months we have seen the number of first-time buyers and home movers purchasing a home with a mortgage bounce back towards 2007 levels.”Halifax registered wide-ranging regional differences during its research. Northern Ireland leads the way in affordability, with 19% of disposable income spent on repayments – attributed to a 44% drop in house prices there since 2007. In England, South Bucks posted the most drastic improvement in affordability, with the percentage of disposable income spent on repayments falling from 93% to 53%. Brent (61.1%) and Haringey (60.5%) in London were the least affordable areas in an unsurprising split, with the 10 most affordable places in Northern Britain and the 10 least affordable in the South.Although 10 year mortgage affordability has improved, Halifax comments that affordability over the last five years has actually worsened due to house price rises. While the average mortgage rate has fallen from 3.7% in 2012 to 1.98% at the end of 2017, average house prices have grown by 40% in the same period. Halifax mortgages Halifax home loans mortgage lending Andy Bickers March 20, 2018Chris SmedleyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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first_imgOxford students participating last weekend in Jailbreak, a RAG-organised event, raised over £25,000 for charity, with two teams reaching the United Arab Emirates.The event involved teams consisting of two or three students attempting to travel as far away from Oxford as possible in 36 hours, without spending any money. This year, 65 teams participated, collectively travelling a total of 60,000km. The average distance for each individual team was 915km.R AG Events Officer and Jailbreak Team Leader Olivia Phelan told Cherwell, “Jailbreak has gone really well this year thanks to the great team working on it and all the participants. I was surprised at how well so many of the teams did, with the majority leaving the UK.”OUSU President Louis Trup, one of those volunteering, commented, “This is the kind of thing that OUSU is all about, and I loved being involved, even if it meant sitting in the OUSU building at 6am on Sunday morning.”The group that covered the most distance, Team GMT, travelled 5562.79km from Oxford, finishing in Sharjah Emirate, just 4.9km north-east of the runners-up in Dubai.Max Hayward, one of the three members of Team GMT, explained, “We literally had no idea what we were doing on Friday night, so we got in touch with the CEO of lastminute.com because my teammate knows him a bit.“He said he’d see what he could do but we weren’t expecting too much. We got a text a couple of hours later saying ‘Is Dubai alright?’ We were so excited. We were dancing around the room and we had a couple of celebratory shots.”Commenting on those teams that pre-arranged travel prior to the event’s official start time, St. Cross postgraduate Mark Smith said, “I don’t think that’s in the spirit of it really.”Relatively International ESTcape, another participating team, finished the weekend in Graz, Austria, after a spell of hitch-hiking.Team member Sarah Shao told Cherwell, “We were so lucky. So much of it [hitchhiking] is about being in the right place at the right time. Standing there in the snow in Graz, it was nice to reflect on what we had been through.”Wadham student Olivia Braddock, who ended up in Amsterdam, commented, “After we’ve finished University, we’re not going to remember writing an essay but we will remember something like this. I’d rather be an essay behind and do Jailbreak.”Further Jailbreak stories relayed to Cherwell include students being given free plane tickets from the CEO of easyJet after correctly guessing his email address, undergraduates being given a ride on a private plane to the south of France, and a postgraduate student from Kellogg College reaching Berlin dressed as Tigger, despite being on crutches.RAG President Molly Gilmartin said that the increased media coverage of Jailbreak this year indicated growing support for RAG’s work, remarking, “It is clear that people are sensing their personal responsibility to achieve positive impact and it is great that RAG can facilitate people raising huge amounts for charity which will achieve huge impact whilst also having a lot of fun.”last_img read more

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