Home » News » Housing Market » Lockdown will reduce house prices by 5.1% this summer previous nextHousing MarketLockdown will reduce house prices by 5.1% this summerPrice comparison site Reallymoving says conveyancing quotes created between March and May show declining prices across UK.Nigel Lewis8th June 20202 Comments944 Views House prices are set to drop by up to 5.1% across the UK this summer as the economic uncertainty created by the Coronavirus crisis drives buyers and vendors to agree lower prices.Leading price comparison site Reallymoving says its lockdown conveyancing quotes data from 8,000 house moves between March and May this year reveals the significant agreed price decline, which is currently feeding through the system.This will mean the average property price will fall from £308,280 in June to £296,485 in August when these deals complete. It is also predicted that August will see a hefty 1.4% reduction in house prices in August year-on-yearReallymoving says it sees price movements earliest within the industry because the company collects data at the beginning of the property purchase process, when buyers agree a deal and seek conveyancing quotes, and is therefore an early-warning system for price changes.“For sellers now facing a period of great uncertainty and a scarcity of buyers, doing a deal at a reduced price of 3-4% could look considerably more appealing than sitting tight and waiting to see what happens over the next few months,” says CEO Rob Houghton (left).“Transaction volumes are at half their normal levels and the economy is currently propped up by the Government through the furlough scheme alongside mortgage payment holidays, so although the market is open once again, its underlying health has not yet been tested.“Levels of unemployment and confidence in the jobs market will be key factors in determining whether the housing market recovers in the autumn with a levelling out of prices or continues in a downward trajectory.”house prices reallymoving rob houghton June 8, 2020Nigel Lewis2 commentsMurray Lee, Dreamview Estates Dreamview Estates 8th June 2020 at 10:06 amPS Just agreed a sale that fell through prior lockdown£5000 less than previous sale (under 1.5% lower that’s all)Log in to ReplyMurray Lee, Dreamview Estates Dreamview Estates 8th June 2020 at 9:52 amSorry, I can’t agree although I accept our area is very “localised”.We are very short of new instructions (all agents say the same) and are getting a lot of new buyer enquiries.I had 3 viewings on 1 house we do have only this weekend.I do wish we would not focus on the negatives. Articles like this only serve to put fear into the, already nervous, buying public.And if an average house price is £215k ? Then 5% is £10k. Hardly a vast amount in the overall picture. Even in our area of NW London where average is probably now close to £1m for a house, thats “only” £50k. And I don’t think it will be either.Let’s focus on the positive please!Log in to ReplyWhat’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 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021
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Greggs is to open its first store in Northern Ireland at the end of this month, in a service station.The bakery giant will open the debut site in a 12-month trial in an Applegreen station on the M2, just north of Belfast.A spokesman said the trial would “enable Greggs to assess Northern Ireland’s appetite for its ’Always Fresh. Always Tasty’ customer offer”.Applegreen service stations are operated across the UK and Ireland. Roger Whiteside, chief executive of the company, said the company was “closer than ever” to opening in the province when the company’s Christmas trading update was announced. Greggs praised “an exceptional step-up in performance” for the brand in 2014, as it revealed total sales were up 5.5% to £804m and own-shop like-for-like sales had risen 4.5% in its year-end results. So far the business has remained within mainland UK, due to supply chain challenges.
Leicestershire-based business California Prunes has appointed Peter Cook as the company’s new brand ambassador.Cook is an award-winning baker, who founded artisan bakery Peter Cooks Bread and joins a team of brand ambassadors including celebrity chef Rosemary Shrager and chocolatier Paul Young.With over 20 years’ experience, Cook’s role will be to drive awareness of the nutritional and health benefits associated with incorporating premium-quality California prunes into a variety of baked goods.Esther Ritson-Elliot, European marketing director for California Prunes, said the company was thrilled to welcome Peter to the team.“Peter’s knowledge and credibility within the bakery sector is well placed to help us assert California prunes as a highly versatile culinary ingredient, which can be used to improve the texture of baked goods, adding flavour and moisture while also reducing the sugar and fat content of a recipe,” she said.“These benefits are directly in line with the current ‘clean eating’ trend and are likely to be well received by both food professionals and amateur bakers alike. We have a series of exciting initiatives planned with Peter, so bakers, watch this space.”Cook also has a number of accolades to his name, including the Best Speciality Loaf at the 2013 Baking Industry Awards.
Nairn-based Ashers Bakery has rolled out masked shortbread biscuits that highlight life during the coronavirus pandemic.The Law Abiding Scots biscuits are shortbread people with pink and blue sugar paste masks and kilts.Available at an rsp of £1.29 from Ashers stores and retailers including Scotmid and Spar, they are a ‘coronavirus twist’ on Ashers’ MacGinger biscuits, with gingerbread people wearing kilts.But the biscuits have caused a stir on social media with debate on the bakery’s Facebook post regarding the wearing of facemasks.One user described the biscuits as a “seriously bad business move”, adding “I hope it boosts your sales for now because it has done your reputation no good”.It wasn’t all negative though, as many users described the biscuits as “great fun”, “clever”, “a reminder of protection” and “the new norm for a while”. The bakery added that it has increased production as the biscuits have proved so popular.“We had not expected the debate that it opened on our Facebook after launching the new product,” said co-managing director Ali Asher.“We certainly do not want to offend anyone who is anti-wearing a facemask – they have every right to their opinion on the matter, as do people who are pro-wearing facemasks. We just ask that people are kind and respectful to each other.”He added that feedback had been largely positive, and that the products were intended as a fun representation of current conditions.Most Ashers shops are now open again, but opening hours are being reviewed to meet customer needs and keep staff safe.Established in 1877, Ashers Bakery has 12 shops across the Highlands and Morayshire.
WASHINGTON (AP) — President Joe Biden has told Republican senators he’s unwilling to settle on too small a coronavirus aid package after meeting for two hours over their slimmed down proposal.,Their $618 billion plan is about a third of what he’s seeking. The Republicans are looking at fewer and smaller benefits, including $1,000 in direct payments to individuals earning up to $40,000 a year, or $80,000 for couples.,Maine Sen. Susan Collins says the meeting at the White House on Monday resulted in no compromise on differences. But she and the other Republicans say there was agreement to keep discussions going.,On Capitol Hill, Democrats pushed ahead to lay the groundwork for passage of their full package without relying on Republican support.
By Sharon OmahenUniversity of GeorgiaAs a University of Georgia Cooperative Extension radon educator, Ginger Bennett works year-round to educate Georgians on the dangers of radon exposure. January, though, is National Radon Action Month and a perfect time test your home for radon.An invisible, odorless, radioactive gas, radon occurs naturally in rocks and soils. It enters homes through cracks and other openings in home foundations.”We have a lot of granite in Georgia, and the likelihood of having trace uranium is very high,” Bennett said.Second leading causeRadon is the second-leading cause of lung cancer in the United States. It’s the leading cause of lung cancer in nonsmokers.”The U.S. Environmental Protection Agency estimates that radon is responsible for more than 20,000 lung cancer deaths a year,” Bennett said. “About 600 of those are Georgians.”Radon is a result of the natural breakdown of uranium in soil and rock. Uranium takes a long time to decay, and radon gas is one of the last stages.Testing is easy, inexpensiveTesting your home for elevated levels of radon is simple and inexpensive. you can buy test kits at hardware and home improvement stores or directly from radon testing companies for under $25.Through an EPA grant, complimentary radon test kits are available to Georgia homeowners from their local Extension offices. The kit comes with an envelope containing activated charcoal. It should be hung for three days in the lowest occupied level of a home.After the envelope has hung for three full days, mail the test kit immediately to a laboratory, because the radioactive substance in it decays quickly. This will ensure a more accurate result.Within 10 days, the homeowner will get a report via mail or e-mail.If the first test results show a high reading, a second test is recommended to get an average of the two.”We provide a $6.99 coupon for the second test,” Bennett said.Remove with mitigationIf the average results of the two tests are above 4 picocuries per liter, the EPA action level, the homeowner is provided with a booklet that explains how to fix a radon problem and a list of certified Georgia mitigators. Mitigation involves the installing a ventilation system that will reduce the radon concentration in the indoor air, Bennett said.”The system essentially sucks air from beneath the footprint of the home and vents it above the roof line,” she said. The current average cost for fixing a home for radon is around $1,800.”That may sound expensive, but compared to the cost of a human life, it’s not high,” Bennett said. “After all, how do you put a value on a human life? And you have to think about the high cost of medical care for lung cancer.”If you’re building a new home, a passive mitigation system can be installed for $300 to $500.The Georgia Radon Education Program is funded by the EPA in partnership with the UGA College of Family and Consumer Sciences, the Georgia Department of Consumer Affairs and Southface Energy Institute.To learn more about on the radon education program, visit www.gafamilies.com/housing/radon. To order a free radon test kit from your county Extension office, call 1-800-ASK-UGA1.
By Nelza Oliveira/Diálogo November 02, 2017 With a shared border of more than 3,400 kilometers—which extends over four Brazilian states (Acre, Mato Grosso, Mato Grosso do Sul, and Rondônia)—Brazil and Bolivia took one more step toward regional security cooperation with the creation of a Binational Security Cabinet. The purpose of the cabinet, established August 17th 2017, in Santa Cruz de la Sierra, Bolivia, is to combat transnational criminal organizations, drug, arms, and human trafficking, as well as contraband, money laundering, and other crimes. Some operations have already been conducted on the border between Brazil and Bolivia since the binational cabinet’s establishment. For instance, on August 18th, two bridges that connect Brazil and Bolivia—the Friendship Bridge in Brasileia and the Wilson Pinheiro Bridge in Epitaciolândia, in the state of Acre, Brazil—closed down between 11 p.m. and 5 a.m. to increase security in the area. With this measure in place, Bolivians and Brazilians cannot cross the bridges by car or motorcycle during off-limits hours. Transit is by foot only and everyone must undergo inspection and show identification documents. To date, the bridges remain closed with no scheduled reopening date. On August 20th, 37 border crossings between the state of Pando, Bolivia, and the state of Acre, Brazil, were partially closed for one month to combat organized crime. According to the news site Capital do Pantanal in the city of Corumbá, Brazil, on September 28th, Brazilian Armed Forces conducted a sweep operation at the border of the state of Mato Grosso do Sul to combat illegal activities—arms, drugs, and ammunition trafficking, and smuggling. According to the news site, the Brazilian military thoroughly searched vehicles arriving from Bolivia and checked documentation. The operation continued the following day. Ongoing partnership Brazilian Army General Augusto Nardi de Souza, chief of Joint Operations for the Joint General Staff of the Brazilian Armed Forces, explained that the cabinet is a bilateral meeting of the ministries of Defense, Justice, and State Security of Brazil and Bolivia. “The partnership between Brazil and Bolivia in the area of security already exists. However, the purpose of this bilateral meeting was to expand our joint agreements and actions to reduce crime in the cross-border area,” Gen. Nardi said. “Cooperative actions between Brazil and Bolivia were proposed, such as fighting criminal organizations, performing joint operations including armed and security forces, police and intelligence forces, and sharing information, among other things,” he added. The communication department of the Brazilian Ministry of Foreign Affairs, which contributes to coordination efforts between Brazilian and Bolivian authorities, and facilitates dialogue and cooperation among the agencies involved in fighting transnational crime, spoke with Diálogo about the importance of the Binational Security Cabinet. “Transnational crime represents a challenge faced by all nations in the region, which requires the improvement of international cooperation and coordination among all bodies involved locally in the matter,” explained the communication department of the Ministry of Foreign Affairs. “Fighting cross-border crime is a priority for the Brazilian government, which has been promoting initiatives to bolster cooperation in this area.” The meeting that marked the establishment of the cabinet also implemented the Brasília Declaration on border security. Signed on November 16th 2016, between Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay, the declaration establishes priority objectives and directives to develop coordinated actions in the region, as well as cooperation in the areas of national defense and policing. “The Brasilia Declaration predates the bilateral meeting between Brazil and Bolivia and focuses on the spirit of the meeting that was held in Santa Cruz de La Sierra [Bolivia],” Gen. Nardi said. “The binational cabinet is aligned with the commitments undertaken in the Brasilia Declaration, as evidenced by the priority to bolster cooperation among agencies involved from both nations in the issues of border security and fighting cross-border crime,” said the communication department of Ministry of Foreign Affairs. Point by point During the nearly three hour-meeting which marked the establishment of the Brazil-Bolivia Binational Security Cabinet, representatives from the Brazilian and Bolivian delegations addressed ongoing operations and proposals for the collaboration between both countries. After the meeting, Brazilian Minister of Defense Raul Jungmann discussed the development of the joint effort. “We had an intense program of work with leaders and ministers of both countries in the areas of security, intelligence, foreign relations, and defense with the participation of armed and police forces from both sides. We built a point-by-point program to attack gangs, trafficking routes, and financial resources,” Minister Jungmann said. “We are going to set up a think tank to observe and monitor the issue of financial flows. We will share up-to-date information about the borders. We will directly integrate armed forces, security, intelligence, and police forces, and everything else that the people of Brazil and Bolivia need, so that we can fight, smother, and strike organized crime,” Minister Jungmann added. According to the communication department of the Ministry of Foreign Affairs, certain operations are already underway. Both countries also plan to conduct a study to deepen cooperation to control airspace and curb illegal drug trafficking.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York President Barack Obama was in Lower Manhattan Thursday to dedicate the Sept. 11 Memorial Museum during a stirring ceremony that included moving tributes to the heroes and victims of the attacks that killed 3,000 people nearly 13 years ago.Standing on a stage inside the cavernous underground museum, Obama told families it was his honor “to join in your memories. To remember and to reflect. But above all, to reaffirm the true spirit of 9/11—love, compassion, sacrifice—and to enshrine it forever in the heart of our nation.”The president and First Lady Michelle Obama earlier in the day joined families of survivors for a tour of the museum and visited some of heart-wrenching exhibits. The museum tells the story of the horrifying attacks and those who perished, as well as the selfless heroes who risked their lives by charging into the burning towers before they collapsed, leaving only a searing pile of rubble. Some never made it out.Obama began by telling the story of one of those heroes, 24-year-old Welles Crowther, who was in the South Tower when a plane struck the building. As the fire spread and heavy smoke began to swallow the room, Crowther, holding a red handkerchief, alerted others to the stairs and managed to safely guide countless people to safety. But he wasn’t done. Crowther went back inside the burning tower to find other survivors. The tower eventually collapsed with him inside.“They didn’t know his name. They didn’t know where he came from. But they knew their lives had been saved by the man in the red bandana,” Obama said.A red bandana is among the collection of artifacts displayed throughout the museum.President Obama dedicates Sept. 11 Memorial Museum on Thursday, May 15. (Photo: Screenshot WhiteHouse.Gov/Live)The president was also joined by Gov. Andrew Cuomo, New Jersey Gov. Chris Christie, former New York City Mayors Michael Bloomberg and Rudolph Giuliani, plus other dignitaries.Obama’s remarks largely focused on honoring the victims. He made one veiled reference to the attackers when he mentioned visiting Ground Zero three years ago this month “after our SEALs made sure that justice was done,” referencing the mission that killed Osama bin Laden, but never mentioning the slain al-Queda leader by name.Speeches from family members and elected officials were interspersed with emotional video tributes to victims. Among those who perished during the attacks were more than 400 Long Islanders.The museum, which opens to the public May 21, was originally scheduled to open 11 years after the attacks but has been mired in controversies, including soaring costs and the decision by the museum’s board to charge visitors a $24 fee. The mandatory charge does not, however, apply to Sept. 11 family members and rescue and recovery workers.But the 3,000 lost souls were front-and-center on Thursday.“Those we lost live on in us,” Obama said, “in the family’s who love them still, in the friends who will remember them always, and in a nation that will honor them now and forever.”
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Long Island kids who share bedrooms with siblings have a reason to look on the bright side: They can now audition for a TV show that will give them their own rooms.A major cable network is holding a casting call for local youngsters between the ages of 7 and 13 that need their own brand-new bedrooms.“Do your kids’ bedrooms need a serious makeover?” the casting call reads. “Could you use some professional design/build services and a healthy dose of ‘TV Magic’ to help make that happen? An awesome new renovation series wants to treat your kids to the room transformation of their dreams!”Parents who own their own homes with potential space to expand are invited to share their kids’ cramped bedroom stories by emailing the casting team at [email protected]