Revealed: how much newbuild industry is dependent on Help to Buy

first_imgThe extent to which the new-build homes market has become increasingly dependent on the government’s  to Buy Equity scheme have been revealed by the Ministry of Housing, Communities and Local Government (MHCLG).Last year 42,748 first time buyers bought a new-build property via the scheme, an increase of 14% on 2017 and an 85% increase on 2014, the first full year of its operation.The scheme now represents approximately 5% of all types of home sold in England, and nearly a third of all new-build home purchases.MHCLG’s figures also reveal that 211,000 properties have been bought via the scheme since it began in 2013 with a total value of £54.48 billion, and that the mean purchase price of a property was £258,223.Also, the image of cash-strapped young first time buyers using the scheme to buy apartments is undermined by the survey, which reveals that the most popular kind of home is a semi-detached house.Help to Buy equity loans are only available on new build properties and the maximum purchase price is £600,000. The loans are paid direct to house builders registered to take part in the scheme, which was recently topped up with an extra £10 billion in funding.Not everyone is wild about Help to Buy. Buying agent Henry Pryor (pictured, left) says: “It’s a policy that has been allowed to go on far too long and although I’m aware that there are many within the new homes industry who disagree with me on this, I’m utterly convinced it has corrupted the market.”Read more about Help to Buy.help to buy henry pryor equity loans May 1, 2019Nigel 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 2021 Home » News » Land & New Homes » Revealed: how much newbuild industry is dependent on Help to Buy previous nextLand & New HomesRevealed: how much newbuild industry is dependent on Help to BuyLatest official government figures show that a third of all new home purchases are funded via the Government’s equity loan version of the Help to Buy scheme.Nigel Lewis1st May 201901,142 Viewslast_img read more

Sea Power 2015 Hosts Maritime Security Talks

first_imgBack to overview,Home naval-today Sea Power 2015 Hosts Maritime Security Talks Sea Power 2015 Hosts Maritime Security Talks Fifteen member nations and one observer nation took on the topic of maritime security at the Indian Ocean Naval Symposium meeting of Chiefs, held during the Sea Power 2015 Conference.Participants discussed common maritime issues facing littoral nation-states of the Indian Ocean.Chief of Navy, Vice Admiral Tim Barrett, who is the current Chair of the Symposium said the forum is an important mechanism for regional dialogue:Maritime security architecture is shaped and reinforced by forums like Indian Ocean Naval Symposium, which build cooperation and agreement, security and stability. By having an open and inclusive forum of discussion, we strengthen our ability to respond quickly and effectively in a multilateral framework, to maritime issues that impact our region.The Indian Ocean Naval Symposium is a voluntary initiative that includes 22 nations that permanently hold territory that abuts or lies within the Indian Ocean, and four observer nations.Australia holds the Chairmanship until the next Conclave of Chiefs, being held in Dhaka, Bangladesh in January 2016.[mappress mapid=”17155″]Image: Australian Navy Authorities Share this article View post tag: Sea Power 2015 View post tag: Indian Ocean Naval Symposium View post tag: Australia October 12, 2015last_img read more

O.C. Schools Superintendent Outlines Steps Against Coronavirus

first_imgDr. Kathleen Taylor (Photo courtesy JASM Consulting) Dear School Community:The Ocean City School District administration continues to monitor the evolving situation surrounding the novel coronavirus, now known as COVID-19.We are working collaboratively with our local health departments and following guidance that has been provided by the New Jersey Department of Education, the Cape May County Health Department, the New Jersey Department of Health, and the Centers for Disease Control and Prevention (CDC).At this time, these agencies are recommending basic infection control and prevention measures such as, staying home when ill and practicing good respiratory and hand hygiene.Cleaning and disinfecting are also an important part of the broad approach to preventing the spread of any infectious disease. The School District follows a custodial cleaning protocol at each of our schools.Please rest assured that the School District is carefully monitoring this situation and following the advice of our local, state and national health organizations.We want to take this opportunity to remind parents/guardians, staff and students that no one should return to school unless they have been fever-free without medication for at least 24 hours.Please note that the best ways to prevent infection continue to be:Wash hands often with soap and water for at least 20 secondsAvoid touching eyes, nose and mouthAvoid close contact with people who are sickStay home when ill and avoid close contact with othersCover mouth and nose when coughing or sneezing and throw away tissuesClean and disinfect frequently touched surfacesThis past week, the CDC publicly cautioned that this is an ever-evolving situation and that institutions and businesses should begin a conversation regarding the impact that the spread of the virus could have on day-to-day operations.Our School District has sought guidance from the New Jersey Department of Education (NJDOE) regarding the potential implications COVID-19 could have on schools.If you have questions regarding your personal or your child’s health status, please contact your health care provider and/or your local health department.Thank you for cooperation as we continue to provide our students and staff with a safe and healthy environment in which to learn and work.Sincerely,Schools Superintendent Dr. Kathleen W. Taylorlast_img read more

Press release: Foreign Secretary calls for international action on chemical weapons

first_img Media enquiries The Organisation for the Prohibition of Chemical Weapons is an intergovernmental organisation and the implementing body for the Chemical Weapons Convention, which entered into force on 29 April 1997. The OPCW has 193 member states and is based in The Hague. It has proven technical expertise and experience on chemical weapons and it currently determines whether or not a chemical attack took place in Syria, but does not attribute responsibility. The UK has tabled a motion to uphold the ban on chemical weapons and establish arrangements by which the OPCW can help identify those responsible for chemical attacks. The Special Session of the Conference of States Parties will meet on 26 – 28 June 2018 The Foreign Secretary will make public remarks to the meeting Notes to editors Read the Foreign Secretary’s speech at the OPCW Special Conference Defending the global ban on chemical weapons Follow the Foreign Office on Twitter @foreignoffice and Facebook Foreign Secretary Boris Johnson addresses the House during FCO OralsThe special session of the Conference of States Parties was called for by the UK, and 10 other states, in May. The UK is calling for the international community to take action to defend the ban on chemical weapons, including asking the Organisation for the Prohibition of Chemical Weapons (OPCW) to help identify those responsible for chemical attacks in Syria, and ask the Organisation’s Director General to develop ideas for other ways of supporting the OPCW, upholding the ban on chemical weapons, and helping states implement the Convention.Speaking ahead of the meeting, Foreign Secretary Boris Johnson said: For journalists Further information More than 80 countries supported the UK’s request for this special meeting of members of the OPCW. This support from the international community demonstrates a shared recognition that the global norm against chemical weapons use is being threatened, following the horrific attacks in Syria and Salisbury in recent months. The international community came together in 1997 to outlaw the development, stockpiling and use of these vile substances through the Chemical Weapons Convention. We now owe a duty to the world to seize the opportunity that this meeting provides to uphold and strengthen that ban, so that chemical weapons are truly banished to the past. Follow the Foreign Secretary on Twitter @BorisJohnson and Facebook Email [email protected] Follow the Foreign Office on Instagram, YouTube and LinkedInlast_img read more

Press release: Manston Airport application accepted for examination

first_img Details will be posted at the Planning Inspectorate’s website on how to register as an interested party – once an application has been accepted for examination and publicised by the developer. Opportunity to legally challenge a decision not to accept an application. A maximum of three months for Planning Inspectorate to issue a recommendation to the relevant Secretary of State, with a statement of reasons. Pre-examinationKey activities: Have their say on the proposal to the developer through their pre application consultationAcceptance by the Planning Inspectorate on behalf of the Secretary of State Say what they agree or disagree with in the application and why; Comment on what other people have said in their representations; Attend a Preliminary Meeting and say how they think the application should be examined; Request that an open floor hearing is held; and Attend and request to speak at open floor or issue-specific hearings should one be held. Project development / developer’s pre-application consultation and publicity. Environmental impact assessment preparation and scoping, where required. Six weeks for any legal challenge. Post decisionKey activities: Key activities: The Secretary of State has 28 days from the day after receipt to decide whether or not an application should be accepted for examination DecisionKey activities: Public involvement: The process in a snapshotThere are six key stages within the process. The summary below provides examples of when and how people have an opportunity to provide evidence to the Planning Inspectorate.Pre-applicationKey activities: Submit more detailed comments in writing Comment on what other people have said Request and attend an open-floor hearing If being held, request to speak at open-floor and / or issue specific hearing(s) Comment on the local authority’s Local Impact Report – detailing the impact of the scheme on the local area.center_img The acceptance to proceed to examination decision and a copy of the application can be viewed at the Manston Airport project page on the Planning Inspectorate’s website. The Planning Inspectorate, National Infrastructure Programme of Projects details the proposals which are anticipated to be submitted to the Planning Inspectorate as applications in the coming months. Copies of the application documents can be viewed online on the project page. Today, Tuesday 14 August, The Planning Inspectorate has announced that the application for the upgrade and reopening Manston Airport has been accepted by the Secretary of State for Housing Communities and Local Government for examination.The application for the proposed project was submitted on 17 July 2018 and the decision has been made within of the 28 day statutory deadline.The application is for the upgrade and reopening of Manston Airport primarily as a cargo airport, with some passenger services, with a capacity of at least 12,000 air cargo movements per year.In accordance with the Planning Act 2008 (as amended by the Localism Act 2011) , when considering whether or not to accept an application for examination, the Secretary of State has regard to the application documents submitted, any adequacy of consultation representations received from local authorities, and the extent to which the developer has had regard to any guidance issued. Other matters relating to the application will be considered by the Examining Authority during the examination and interested parties will have an opportunity take part in that process and give their views if they wish.It is now for the applicant, RiverOak Strategic Partners Ltd, to publicise the fact that its application has been accepted for examination and invite people who are interested in the proposal to register with the Planning Inspectorate as an interested party by making a relevant representation.Once the period for registering as an interested party has opened, people will easily be able to register online with the Planning Inspectorate by visiting the project’s page and completing the online ‘Registration and Relevant Representation form’. Alternatively, those without internet access may call the Planning Inspectorate helpline: 0303 444 5000 for a printed registration form.Sarah Richards, Chief Executive, Planning Inspectorate said. “After careful consideration we have decided on behalf of the Secretary of State that the application submitted by RiverOak Strategic Partners Ltd met the required tests set out in the legislation to be accepted for examination”.“The decision has been made within the statutory deadline. It demonstrates our ability to deliver a predictable, fair and efficient examination process that provides certainty for everyone involved.”“The applicant must now decide and publicise when members of the public can play a part in the examination process by registering with the Planning Inspectorate as an interested party to give their views.”Interested parties in an application can: Register to say what you agree or disagree with in the application Submit your representation View application documents submitted by the developer on the Planning Inspectorate website Attend the Preliminary Meeting Say how the examination should be conducted. The Planning Inspectorate’s Advice Note 8.3, ‘How to register and become an interested party in an application’ is available on the Inspectorate’s website or a copy can be requested by calling 0303 444 5000.EndsJournalists wanting further information should contact the Planning Inspectorate Press Office, on: 0303 444 5004 or 0303 444 5005 or email: [email protected] to editors: Public involvement: ExaminationKey activities: Public involvement:Opportunity to challenge. Public involvement: The relevant Secretary of State then has a further three months from receiving the recommendation in which to issue the decision. A maximum of six months to carry out the examination Single Inspector or a Panel of three or more Inspectors appointed. Preliminary Meeting called and held. Procedure and timetable set for examination. Public involvement:last_img read more

Body Of Missing Swimmer In Chautauqua Lake Recovered, Identified

first_imgBEMUS POINT — Deputies have identified the missing swimmer whose body was recovered Monday afternoon in Chautauqua Lake.According to the Chautauqua County Sheriff’s Office 46-year-old Brian Twardeski, of Jamestown, was swimming with a female and three children in the lake Sunday afternoon when he went missing after large waves from an incoming storm pulled him under water.The Chautauqua County Water Emergency Team was dispatched to assist navigation units in a search of the area along with the Bemus Point, Ashville, and Lakewood Fire Departments.Officials called off the search at 5:00 p.m. Sunday afternoon due to inclement weather but resumed their search on Monday morning around 7:00 a.m. The Chautauqua County Water Emergency Team assisted by the New York State Police Underwater Recovery Team located Twardeski using sonar around 11:30 a.m. Monday with his body being recovered by divers at around 12:00 p.m. Monday afternoon.last_img read more

Sands Point Woman Admits $80M Fake Art Scam

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Sands Point woman has admitted to scamming art buyers out of more than $80 million by selling works she falsely claimed were painted by leading abstract expressionists such as Jackson Pollack, Mark Rothko and Willem de Kooning.Glafira Rosales pleaded guilty Monday at Manhattan federal court to conspiracy to commit wire fraud, conspiracy to commit money laundering, filing false tax returns and failing to report foreign bank accounts.Prosecutors said the 57-year-old woman was an art dealer from 1994 through 2009 who sold paintings purported to be previously unseen works by the famed artists to two prominent Manhattan art galleries for $33 million. The galleries then sold the works for more than $80 million.Rosales had duped the galleries by claiming to represent an anonymous client from Switzerland who didn’t exist and a Spanish art collector that never actually owned any of the works, authorities said.The fakes were created by Rosales’ friend, a painter from Queens who sometimes forged the famed artists’ signatures or signed false signatures and used special treatments to make the paintings appear aged, according to investigators.After making the deals, Rosales filed tax returns falsely claiming that she had not keep several million dollars from the sales that she instead hid in a foreign bank account, prosecutors said.Rosales will be sentenced March 18 before U.S. District Court Judge Katherine P. Failla. She faces up to 99 years in prison, has agreed to forfeit $33 million, including her home, and to pay $81 million in restitution.The FBI and IRS are continuing the investigation.last_img read more

Takeda says coronavirus treatment trial using recovered patients’ blood could start in Jul

first_imgTopics : Takeda Pharmaceutical Co Ltd could start a clinical trial as early as July for a potential treatment of COVID-19 that is based on antibodies from recovered patients’ blood, company executives said on Wednesday.The clinical trial would include hundreds of patients and take several months to complete. If successful, Japan’s Takeda could file for approval by US authorities this year, said Julie Kim, president of the plasma-derived therapies unit of Takeda.”When the product will be available beyond the clinical study is still a bit unclear,” Kim said on an investor call. “But we do expect that before the end of the year, we should see some information in terms of broader use.” “It is a scarce resource,” Kim said. “Antibodies don’t last forever and we have to capture people within that time window. This is dependent on the progression of COVID-19 within different geographies.”Takeda said last week it has joined with nine other companies that work on blood plasma-based therapies to develop a treatment for COVID-19 patients. The CoVIg-19 Plasma Alliance also includes Biotest AG, CSL Behring, and Octapharma Plasma, among others.Takeda is working with the US National Institute of Health (NIH) on a clinical trial that would give all the companies in its partnership the ability to produce the treatment, which will not have standard drug industry patent protections because it uses existing technology. center_img Fighting disease with blood from survivors is an ancient strategy that has not been well tested for the novel coronavirus, which emerged in China late last year and has spread around the world. Some hospitals are already collecting blood plasma from recovered patients and infusing it into people who are sick with the coronavirus, but its efficacy is still being studied.The new coronavirus has infected 4.3 million people worldwide and nearly 300,000 have died, according to a Reuters tally. The pandemic has spurred several drugmakers to race to develop a viable treatment or vaccine.Takeda’s proposed treatment offers a standardized dose of antibodies. It also has a much longer shelf life than unprocessed blood plasma and doesn’t need to be limited to patients with matching blood types. There are not yet any treatments for COVID-19, the disease caused by the coronavirus, which have been approved by the US Food and Drug Administration. However, some such as Gilead Sciences Inc’s antiviral drug remdesivir have received emergency authorization from the regulator.The number of patients who could be aided by Takeda’s treatment, initially called TAK-888, depends in part on the availability of blood donations, Kim said in an interview with Reuters.last_img read more

Goldman Sachs: Mask mandate could save US economic recovery

first_imgA national mask mandate could be a way for the United States to address the latest coronavirus surge while also protecting the country’s economic recovery, Goldman Sachs said.In a report titled “Face Masks and GDP” the financial giant said a national mask mandate could “partially substitute” for renewed lockdowns that would otherwise subtract nearly five percent from US growth.The report, released late Monday, comes as Florida, Texas and numerous other southern and western states contend with huge jumps in coronavirus cases. While several states have rolled back some reopening policies, there has been public pushback against broad lockdowns that have prompted deep layoffs.Whether the US should follow European and Asian countries in instituting the mandate is an “inherently political decision,” Goldman said, while adding that analytic tools can assess the policy on economic grounds.Based on COVID-19 trends in 125 countries, the report estimated that coronavirus cases grew by 17.3 percent per week without a mask mandate, but only 7.3 percent with a mask mandate.In the US, states without mask requirements account for two-thirds of new infections. A national mask mandate would make mask use more widespread and lower the daily growth in infections to around one percent from 2.9 percent, Goldman said.  “Will the US adopt a national mask mandate?” Goldman asked. “This is uncertain, partly because masks have become such a politically and culturally charged issue.”However, even in the absence of a national mandate, state and local authorities might well broaden mandates in ways that ultimately mimic the impact of a national mandate. “Either way, our analysis suggests that the economy could benefit significantly from such moves, especially when compared with the alternative of a return to broader lockdowns.”The report’s release comes as some additional conservatives have publicly endorsed masks as the virus bears down on states controlled by President Donald Trump’s Republican party. Trump himself refuses to wear a mask at public events.On Tuesday, “Fox & Friends” co-host Steve Doocy called on Trump to wear a mask, as did Tennessee Republican Senator Lamar Alexander, who opened a hearing on COVID-19 by extolling masks.”I have suggested that he occasionally wear a mask even though in most cases it’s not necessary for him to do so,” Alexander said. “The president has plenty of admirers. They would follow his lead.”Topics :last_img read more

All the 2019 Boxing Day Premier League fixtures in full as Liverpool face tough trip

first_imgMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City All the 2019 Boxing Day Premier League fixtures in full as Liverpool face tough trip New Year’s Day Premier League fixtures Arsenal vs Manchester UnitedBrighton & Hove Albion vs ChelseaBurnley vs Aston VillaLiverpool vs Sheffield UnitedManchester City vs EvertonNewcastle United vs Leicester CityNorwich City vs Crystal PalaceSouthampton vs Tottenham HotspurWatford vs Wolverhampton WanderersWest Ham United vs AFC Bournemouth Comment 2019 Premier League Boxing Day fixtures Aston Villa vs Norwich CityAFC Bournemouth vs ArsenalChelsea vs SouthamptonCrystal Palace vs West Ham UnitedEverton vs BurnleyLeicester City vs LiverpoolManchester United vs Newcastle UnitedSheffield United vs WatfordTottenham Hotspur vs Brighton & Hove AlbionWolverhampton Wanderers vs Manchester City Advertisementcenter_img Metro Sport ReporterThursday 13 Jun 2019 9:31 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link86Shares Advertisement MORE: Premier League 2019-20 opening day fixtures in full: Manchester United start with blockbuster Chelsea clashMORE: Liverpool 2019/20 Premier League fixtures in full as Norwich visit Anfield on opening day Jurgen Klopp takes on Brendan Rodgers on Boxing Day (Picture: Getty Images)Boxing Day is always one of the first dates football fans look out for when the fixtures are announced and the 2019/20 Premier League season is no different.The Christmas period is packed with fixtures and there are some intriguing ones set for 26 December as clubs prepare for the January transfer window.Champions Manchester City have a tough test ahead of them as they travel to play Wolves, while Liverpool also have a difficult task on the road to Leicester.There is also a clash of promoted sides as Aston Villa host Norwich, while the other new arrival, Sheffield United take on Watford in South Yorkshire.ADVERTISEMENTlast_img read more