Repossessions fall to historic low

first_imgRepossessions in the UK dropped to the lowest level since records began in 2008 during the second quarter of 2015, the latest data shows.The figures from the Council of Mortgage Lenders (CML) reveals that the repossession rate in the last quarter was just 0.02 per cent, which is equivalent to just one in 5,000 mortgages and the data from the CML revealed that arrears also continued to drop.Record low interest rates were a major factor in helping homeowners stay on top of their mortgage payments in the second quarter of the year, along with falling unemployment and a strengthening domestic economy.In total, there were 2,500 properties taken into possession in the second quarter, down from 3,000 the previous quarter and 5,400 in the second quarter of 2014. Of these, 1,800 were in the owner-occupier market and 700 in the buy-to-let market.In terms of arrears, the total number of mortgages with arrears equivalent to 2.5 per cent or more of the mortgage balance was 106,400, or 0.96 per cent of all mortgages, which again, was the lowest rate since quarterly records began seven years ago.Of all loans with arrears of over 2.5 per cent of balance, some 100,700 were owner-occupier and 5,700 buy-to-let.Meanwhile, new findings from the National Landlords Association (NLA) has revealed that 47 per cent of landlords in the UK will be affected by the removal of the annual ‘wear and tear’ tax allowance announced by the Chancellor George Osborne in his recent Budget statement.From April 2016, the annual wear and tear allowance, which is currently available for furnished homes, will be replaced with a tax relief system that enables landlords to tax deduct the costs they incur on replacing furnishings in the property.Chris Norris (left), NLA Head of Policy, said, “We fully understand the frustration of those landlords who let exclusively on a furnished basis as the removal of this allowance will very likely represent a reduction in the relief they can claim.“However, it will come as a welcome revision for those letting a mixed portfolio, unfurnished, or part furnished property as the replacement system will allow them to deduct legitimate revenue expenses in the future.”low interest rates mortgages repossessions fall repossessions August 19, 2015The NegotiatorWhat’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 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 Home » News » Housing Market » Repossessions fall to historic low previous nextHousing MarketRepossessions fall to historic lowRecord low interest rates have helped homeowners keep on top of their mortgage payments.PROPERTYdrum19th August 20150539 Viewslast_img read more

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Academics Take On Israel, but not Muslim students

first_imgBritish academia voted yesterday to boycott cooperation with universities in Israel in protest of Israel’s presence in the Occupied Territories. Though the vote at the first meeting of the University and College Union passed by a majority of 158 to 99, several prominent members were opposed to the decision. General Secretary to the Union, Sally Hunt, said, “I do not believe a boycott is supported by a majority of UCU members, nor do I believe that members see it as a priority for the union.” The UCU vote coincides with similar pressures from within Israel, as four Israeli academics called yesterday for the government to lift bans on Palestinian students. In a letter to the defence minister, the presidents of Ben-Gurion, Hebrew, Haifa and Technion universities, wrote, “Blocking access to higher education for Palestinian students from Gaza who choose to study in the West Bank casts a dark shadow over Israel’s image as a state which respects and supports the principle of academic freedom and the right to education.” Education Minister Bill Rammell said, “The UK government fully supports academic freedom and is firmly against any academic boycotts of Israel or Israeli academics. Whilst I appreciate the independence of the UCU, I am very disappointed.” “I profoundly believe this does nothing to promote the Middle East peace process,” he added. Meanwhile, In another vote yesterday, the UCU rejected the Education Minister’s guidelines for professors to inform the government of suspected Islamic extremism among students. Rammell said, “There is evidence of serious, but not widespread Islamist extremist activity in higher education institutions.” Hunt commented, “Universities must remain safe spaces for lecturers and students to debate all sorts of ideas, including those that some people may consider challenging, offensive and even extreme. The last thing we need is people too frightened to discuss an issue because they fear some quasi secret service will turn them in.”last_img read more

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With Storm Season Approaching, Vectren Reminds Customers Of Easy Outage Reporting Tools

first_imgAs we enter into spring, which also means storm season is right around the corner, Vectren is reminding customers of the quick and easy-to-use outage reporting tools available, as well as where to find information on electric outages.Last year, Vectren launched a new feature which allows customers to report their power outage by texting the word OUT to 83212. Customers can easily save this number to their phone contacts to ensure quick reporting by visiting www.vectren.com/text from a smartphone to access and save the contact information. Customers who want to provide Vectren their mobile number to ensure its on file can do so by creating and/or logging in to their Vectren.com online account and visiting the Login & Accounts section, or they may use the Live Chat feature on Vectren.com.Also launched last year was the redesigned outage center on Vectren’s fully responsive, optimized website, which features a new Google map platform with more defined outage information including crew status and an overlay feature showing current weather. A special zooming feature allows for street-level viewing of the outage area.“We continue to explore ways to improve the customer’s experience by providing various options to make reporting a power outage and getting updates about restoration easier,” said Brad Ellsworth, president of Vectren Energy Delivery of Indiana-South. “Since smartphones are so highly utilized by our customers, being able to use these options via their mobile devices provides them with additional self-service options.”Customers can still report their power outages on a smartphone via Vectren’s website and mobile application. Customers are also encouraged to follow @VectrenStorm on Twitter for real-time outage updates.These services are offered to continue to improve the customer experience as part of Vectren’s Smart Energy Future strategy. For more information on Vectren’s efforts, please go to www.vectren.com/smartenergyfuture. About VectrenVectren Corporation (NYSE: VVC) is an energy holding company headquartered in Evansville, Ind. Vectren’s energy delivery subsidiaries provide gas and/or electricity to more than 1 million customers in adjoining service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio, primarily in the west central area. Vectren’s nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include infrastructure services and energy services. To learn more about Vectren, visit www.vectren.com.FacebookTwitterCopy LinkEmailSharelast_img read more

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Vanderburgh County Board of Commissioners Agenda

first_imgCounty Auditor: May 2017 Accounts Payable VoucherCounty Engineering: Department Head Report Department Head ReportsAppointments Airport Authority BoardADA Coordinator Old BusinessRevised MOU Concerning the Development and Access Management of the University Parkway CorridorUniversity Parkway Moratorium AdjournmentFacebookTwitterCopy LinkEmailShare AGENDAVanderburgh CountyBoard of CommissionersJune 6, 20173:00 pm, Room 301Call to OrderAttendancePledge of AllegianceAction ItemsPublic Hearing Concerning a Lease Agreement between Evansville Vanderburgh County Building Authority and Vanderburgh County for Sheriff’s Office Operations CenterFinal Reading of Ordinance CO.06-17-010: Amending the Human Relations OrdinanceFinal Reading of Ordinance CO.06-17-011: Amending Ch. 15.36 of Vanderburgh County Building Codecenter_img New BusinessCounty Bicentennial CommitteeSheriff Deputy Collective Bargaining Agreement CommitteeSale of County Owned Property Public CommentConsent ItemsContracts, Agreements and LeasesHealth Department:PHEP Grant AgreementImmunization Grant Amendment #1Breastfeeding Peer Counselor Contract with Tracy Miles Approval of May 23, 2017 Meeting MinutesEmployment ChangesSoil & Water Conservation District: May 23, 2017 Meeting MinutesRequest to Surplus:County Coroner VehicleCounty Clerk Cabinetslast_img read more

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Reporting in

first_imgFor decades, organisations in the industry have given awards, bursaries and scholarships to people in baking to enable them to develop their full potential. When every large town had its local bakery college, and the lecturer was well-known to the local baking community, persuading young workers and students to apply for these opportunities was relatively simple.Now, however, times have changed. The remaining bakery departments are buried within larger departments in technical colleges, which have league tables and profit motives to consider. Similarly local bakers are under increased pressure and are reluctant to let their keen young bakers go away on courses.Organisations consequently found the number of applicants for their awards were reducing and came together as Baking Excellence to try and improve take-up. We did this by bringing all the opportunities together at [http://www.bakingexcellence.org].With the help of the industry, Baking Excellence has tried to ensure that every baker and college in the UK knows of the free opportunities for staff and students.There should be self-interest at work here. The switched-on bakeries know the value of improving staff. They know visits to other bakeries or practical courses can improve their profit. They know trained staff are more likely to stay. The same employers’ names appear on the list of winners year on year and Baking Excellence would like to widen the list even further.last_img read more

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News story: More children on track to be fluent readers in primary school

first_img Our continued focus on raising standards means six-year-olds are reading better than ever before – and we are setting an international benchmark, with Australia looking to follow our lead on phonics. 163,000 more 6-year-olds are on track to become fluent readers since the introduction of the phonics screening check in 2012, official figures reveal today (27 September 2018).The results of this year’s phonics screening check and KS1 assessments also show: The proportion of pupils reaching the expected standard in phonics was 82% in year 1, an increase of 1 percentage point on last year and up 25 percentage points since 2012 Free schools performed particularly well with 88% of pupils meeting the expected standard in phonics; London is the best performing region with Wandsworth, Bromley, Newham and Hammersmith and Fulham the best performing local authorities in the country 1,268 schools had at least 95% of pupils achieving the phonics standard in year 1 in 2018, up from 1,076 in 2017; and At Key Stage 1 the statistics show 70% of children reaching the expected standard in writing, 75% of pupils reaching the standard in reading, and 76% of pupils reaching the standard in maths This is a huge achievement, improving the lives and education of hundreds of thousands of children but we remain determined to make sure that not just most children, but every single child is able to meet his or her potential. Reading and writing are the foundations of education and once grasped can open up a world of literature and knowledge to young people. The government has invested in programmes to help raise standards in our primary schools, including continuing to fund the successful Phonics Roadshows into 2018-19 and £41 million to follow the same approach to teaching maths as world leading countries through the Shanghai Mastery for Maths programme. ‎This is on top of wider changes to the primary assessment system which will reduce unnecessary workload for teachers so they can focus on what really matters in the classroom.Today’s figures build on the record 1.9 million children now in good or outstanding schools than in 2010 – an increase from 66% of pupils to 86%. The government is continuing to ensure all parents have a good school place on their doorstep, with the recent announcement of £680million to create 40,000 more good school places in primary and secondary schools. Since 2010, 825,000 new school places have been created, with recent analysis showing 91% of those in 2016-17 were in good or outstanding schools. The focus on phonics – where children learn to read by sounding out and blending letters – has played a significant part in the improvement in primary school standards. England has risen from 19th place in 2006 to joint 8th in the world reading league table (PIRLS).Since the introduction of the phonics screening check in 2012, the proportion of pupils meeting the expected standard in phonics has risen from 58% to 82%.Phonics provides pupils with the building blocks they need to read fluently and confidently, as well as aiding future learning and giving them the tools they need to express themselves. Other countries are looking to emulate the success of this approach, with policy makers in Australia currently piloting this screening check.Thanks to the hard work of teachers and the introduction of a more rigorous national primary curriculum, standards are rising with the attainment gap between disadvantaged primary pupils and their more affluent peers shrinking by 10.5% since 2011.School Standards Minister Nick Gibb said:last_img read more

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Irish free-from brand gains kosher accreditation

first_imgBFree has achieved kosher certification for its range of free-from bakery products, which will now feature the official logo on-pack.The Irish brand, which offers nut-, dairy-, egg-, wheat- and gluten-free products, has also just picked up a listing in the US, as well as in Gourmet Burger Kitchen in the UK, where its BFree burger buns will feature in all 60 outlets.Alex Murphy, general manager of BFree, said: “We are really excited with our recent expansion plans in both entering new global markets and being part of the Gourmet Burger Kitchen, but also through new product developments such as bagels and burger buns.“Gaining certification as kosher is also an important move for us; as a free-from brand we understand the importance of transparency within food packaging and the specific limitations that control many people’s diets. Our kosher certification will allow the global Jewish community to enjoy our products with assurance.”Established in 2011, the business secured its “first significant retail listing” in the UK, launching in 434 Asda stores in April this year.Set up by Ronan McNamee, the founder of Cuisine de France, the brand is also present in major multiples in Ireland, including Dunnes Stores, Tesco and Musgrave.last_img read more

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Harvard Senior Submits Rap Album For Senior Thesis, Passes With Honors

first_imgYou can listen to Shaw’s full thesis project, Liminal Minds, below via Shaw’s SoundCloud:[h/t – Pigeons and Planes] When you think of Harvard University, one of the world’s most prestigious institutes for higher learning, the first thing that comes to mind is probably not “hip-hop.” But thanks to an undergraduate student, the nearly 400-year old school has gotten a new lesson in the art of rap. Senior Obasi Shaw, class of 2017, recently submitted Harvard’s first-ever “rap thesis,” Liminal Minds, a compilation of hip-hop tracks that examines issues of racial identity in America through the lens of Middle English poetry (particularly Geoffrey Chaucer‘s Cantrerbury Tales). “Some people don’t consider rap a high art form,” Shaw told the Harvard Gazette last week. “But poetry and rap are very similar. Rhyming poems were very common in old English poetry.”As the 20-year-old rhymes on the project, “A nation due for inspection, this is the audit, herein; Lies the fear in the eyes of our departed dearly/Cold bodies facing .22, man in blue.” Explains Shaw, “[African-Americans are] free, but the effects of slavery still exist,” says Shaw. “Each song is an exploration of that state between slavery and freedom.”According to an Instagram post from Harvard University’s account, Liminal Minds was the first submission of its kind. However, after Shaw was granted one of the school’s highest levels of honors for his hip-hop thesis, it’s likely that it won’t be the last. You can read the school’s post about Shaw’s unique project below:last_img read more

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Karl Denson’s Tiny Universe, Ivan Neville, DJ Logic & More Lead Jam Cruise Post-Party [Videos]

first_imgMonday marked Jam Cruise 16’s jubilant return to the Port of Miami and, along with it, The Post Cruise Party featuring Karl Denson’s Tiny Universe with special guests Ivan Neville, DJ Logic and Mike Dillon at Revolution Live in downtown Fort Lauderdale, Florida. With many Jam Cruisers resting and rehabbing or making their way home from their 5-day musical adventure on the high seas, South Floridians were treated with a taste of what it’s like to experience the music of Jam Cruise–on dry land. DJ Logic spun retro hip-hop classics for the first hour of the night and got the crowd primed for what would prove to be an all-star evening in the true spirit of Jam Cruise.Karl Denson’s Tiny Universe took the stage accompanied by DJ Logic and percussionist Mike Dillon and opened with The Allmans Brothers’ “Stand Back”, a call-back to his recent “Eat A Bunch of Peaches” Allmans-themed project, before moving into the energetic, saxophone-driven “Grunt > Mighty Mouse”. The band then progressed into Steely Dan’s “Show Biz Kids” which really got the crowd moving.Watch KDTU perform “Show Biz Kids” at Revolution Live below via CHeeSeHeaDPRoDuCTioNS:Ivan Neville made his way to the stage and provided vocals on “Gossip” and the 1969 classic “Let A Woman Be A Woman – And A Man Be A Man”. A stirring rendition of the KDTU original “Flute Down” from Dance Lesson #2 was next up, with DJ Logic providing dynamic background turntable effects.Watch KDTU perform “Flute Down” with special guests at Revolution Live below via CHeeSeHeaDPRoDuCTioNS:Special guest Shira Elias, vocalist from Turkuaz, accompanied Ivan on The Pointer Sisters’ 1974 sing-along “Yes We Can”. Ivan then sung lead on Junior Walker & The All Stars’ sexy 1969 Motown hit, “What Does It Take” leaving the band to groove into ZZ Top’s “Just Got Paid”.Watch “What Does It Take” > “Just Got Paid” below via CHeeSeHeaDPRoDuCTioNS:The band finally closed their set with Ivan & Shira providing vocal support on “So Real”, before encoring with an all-out “Boogaloo” dance party featuring Mike Dillon and DJ Logic trading drum and turntable licks.Watch “So Real” and “My Baby Likes To Boogaloo” below via CHeeSeHeaDPRoDuCTioNS:“So Real”“My Baby Likes To Boogaloo”Full set audio provided by CHeeSeHeaDPRoDuCTioNS with special thanks to Daniel Nolan below via MixCloud:[Cover photo via Instagram user @super_superfluous]last_img read more

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Clips of the Week: Brookies, SM100, Yeager Bomber, Brilliant Moment

first_imgOur favorite web videos from the week that was:1. Mountain BrookiesHere is a video of good BRO friend and fishing guide Matt Miles getting into some brook trout high in the Virginia Mountains. Make no mistake, that first fish is a slab of a Virginia brookie.Fly Fishing Virginia’s Mountain Streams from Matt Miles Fly Fishing on Vimeo.2. Shenandoah Mountain 100This is a very cool video recap of the Shenandoah Mountain 100 mile mountain bike race. These guys (and gals) are pretty nuts.2013 Shenandoah Mountain 100 from Adventure Seen on Vimeo.BONUS BIKE FOOTAGE from Stage 1 of the 2013 Pisgah Mountain Bike Stage Race3. Yeager BomberThe team at Snowshoe Mountain Resort is entering this weekend’s Red Bull Flugtag competition with their entry – and ode to WV native son, pioneering test pilot, and all around badass Chuck Yeager – the Yeager Bomber. Check out the video to see how the Bomber came together.4. The Brilliant MomentThis is a video put together by outdoor gear company Mountain Hardwear, and is in a similar vein as Backcountry.com’s viral “This is Backcountry” video. Get stoked for this weekend, this winter, this life.The Brilliant Moment from Mountain Hardwear on Vimeo.5. Thrashing PipelineWe are a little VA heavy in this week’s Clips, but I have got to add this vid anyway. Check out Cooper Sallade (in glasses no less) and Isaac Hull (12? 15?) thrashing Pipeline in the Richmond region of the James River.State of the James: ‘Pipeline’ from Hunter on Vimeo.Got a clip you want featured? Leave a comment or shoot and email to [email protected]!last_img read more

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