Author: Jordan

Rental demand is gathering pace again after a relatively subdued period, with agents around the UK reporting the strongest increase in prospective tenants for more than a year. The Royal Institution of Chartered Surveyors’ (RICS) June survey found a headline net balance of +18%, suggesting the rental market is beginning to tighten once more. However, it remains relatively subdued by the standards of recent years. Meanwhile, the new landlord instructions indicator slightly improved, coming in at -18% from -28% previously. Against this imbalance, near-term rental price expectations remain consistent, says the RICS, with projected rental growth in the next 12…

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SaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.AAAIt was 8am on a Thursday, the drab morning commute, and Neil was staring absent-mindedly out a train window when a man with wild darting eyes caught his attention.He was maybe 18 or 20, average height, and lingered inside the doors of the carriage, clumsily pulling on a yellow high-vis vest before he pulled what looked like a large mobile phone out of his pocket.A scammer has been impersonating a ticket inspector on the Ballarat line.Paul RovereAfter pressing a few buttons, he examined people…

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Bronte Capital’s flagship fund went backwards for the second consecutive year as its high-profile investment chief, John Hempton, missed the enormous rally in computing memory stocks amid concerns the artificial intelligence trade is heading towards an inevitable bust.The Sydney-based firm’s Amalthea fund ended the 2026 financial year down 9.2 per cent, well behind the MSCI All Country World Index’s gain of 17.6 per cent.Loading… Source link

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Workers in their 60s are more likely than any other age group to opt out of workplace pensions. Data obtained by Fidelity International from the Department for Work and Pensions shows that more than one in seven workers aged between 60 and State Pension Age opted out between 2019 and 2023, consistently the highest rate of any age group. There are various reasons why people might choose not to contribute to a workplace pension in their 60s. But how valid are those reasons? In some cases, it may not be the right decision and could cost them dearly. The key…

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Juniper Building (image credit: CBRE) An activewear brand has acquired a building at Solihull’s Blythe Valley Park to act as its new headquarters in a deal arranged by commercial real estate firm CBRE.  The move supports AYBL’s continued expansion, with the 21,252 sq ft Juniper Building providing the business with a blank canvas to create its own grade A HQ.  The site provides direct access to the M42, and is located ten minutes from Solihull town centre, the NEC, Birmingham Airport and Birmingham International train station Kristian Edgerton, co-founder and owner of AYBL, said: “Our new headquarters mark an exciting…

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Paragon Bank has added two-year bank base rate (BBR) tracker options for landlords, with rates starting from BBR plus 1%. The range covers single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), improving landlord choice. For SSC properties at 75% loan to value (LTV), the two-year tracker is priced from BBR plus 1% – currently 4.75% – with a 2% product fee. The product includes a free mortgage valuation, no application fee and no early repayment charges. Two-year tracker options for HMOs and MUBs at the same LTV tier start from BBR plus 1.35%, also…

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Homeowners with some tolerance for uncertainty might find that an adjustable-rate mortgage is worth considering as a way to get a low introductory rate before the adjustments kick in. This loan type can be a particularly good choice if you’re aiming to rent out for flip the property, or when you know you intend to move before the loan’s fixed-rate period ends. Keep reading and we’ll explain how ARMs work, consider when an ARM is worth considering as an alternative to a fixed-rate mortgage, and look at ARM rates from a few top lenders. You can see the previous business…

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July 10 (Reuters) – Japan is seeking to encourage its Government Pension Investment Fund, the world’s biggest pension fund, to boost investment in domestic assets, Finance Minister Satsuki Katayama said on Friday. The fund owned 293.4 trillion yen ($1.8 trillion) in assets at the end of December, so its allocation decisions carry significant weight for global markets, and the announcement sent the yen and Japanese government bonds higher. The yen edged up about 0.6% to 161.4 per dollar. Benchmark made their steepest drop in a month, falling 10 basis points to 2.775%. [JP/][FRX/] Here are market participants’ reactions: RYUTARO KIMURA,…

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ICPAK chair Elizabeth Kalunda, Convener, Public Finance and Tax Committee at ICPAK Robert Waruiru, CEO Grace Kamau, KRA Chief Manager, Policy and Tax Advisory Josephine Mugure and Deputy Director of Research and Planning at the Office of the Controller of Budget Cyrus Ondari, during the ICPAK post-budget public finance discussion. /HANDOUTThe government should not allocate billions of shillings to ministries and counties that lack the capacity to spend the money, financial professionals have advised.The experts say the practice is fuelling wasteful supplementary budgets, slowing development projects and undermining value for taxpayers.Speaking during a post budget public finance discussion by the…

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