Home » News » Housing Market » Agents face double whammy of fees ban and belt-tightening landlords, research shows previous nextHousing MarketAgents face double whammy of fees ban and belt-tightening landlords, research showsA third of landlords are planning to reduce spend as tax burden increases, says a leading building society.Nigel Lewis12th May 20170997 Views As the government’s letting fees ban looms, agents face a second squeeze as landlords rein in spending on their properties as their tax bills rise, research has revealed.Landlords spend £3,632 on each of the properties on average every year or a third of the average rental income, according to Kent Reliance Building Society.Of this, £1,025 is spent on maintenance, repairs and servicing, with £870 spent on letting agent fees.But this spending is likely to reduce by nearly 7% this year as ever-rising tax burden on landlords force 36% of them to consider cutting costs, the building society’s research reveals.Letting agent feesIt also pinpoints letting agent fees, property maintenance and mortgage costs as the targets for cost cutting by landlords.Kent Reliance reckons landlords currently contribute £15.9bn to the UK economy, a figure that has doubled since 2007. But the lender says that £500m less will be spent each year as landlord rein in their property budgets.Landlords currently spend £5.5bn on property maintenance and upkeep, £2bn on service charges and ground rent, £963m on insurance, £904m on utilities and £1.1bn on miscellaneous costs.Spending on letting fees totals £4.7bn a year and £644m on legal and accountancy fees plus £218m on administration costs.“Landlords may seem like an easy target for political point scoring, but they play a vital role in the economy,” says John Eastgate of OneSavings Bank, parent company to Kent Reliance (pictured, left)“Not only do they house a huge proportion of the country’s workforce, bridging the housing demand and supply gap, their spending supports thousands of jobs – whether builders, cleaners, lawyers and accountants or letting agents.”Kent Reliance Building Society John Eastgat May 12, 2017Nigel 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 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
Monaco-based Navios Maritime Containers has taken delivery of four Panamax containerships, which are employed on charters with a net daily charter rate of USD 27,156.The company said that the charters, which expire in 2020, are expected to generate around USD 70 million of EBITDA, assuming expenses approximating current operating costs and 360 revenue days per year.Navios Containers previously agreed to acquire the four 2008-built vessels for a total purchase price of USD 96.8 million.The company financed the transaction with the net proceeds from its recently completed USD 50 million private placement and USD 50 million of additional bank debt it has secured on terms consistent with its existing credit facilities.The first of the four 4,730 TEU containerships, APL Denver, was delivered to the company in late November.Following this acquisition, Navios Containers controls 20 vessels, totaling 84,520 TEU with a current average fleet age of 9.8 years.
Share Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 Related Articles Share GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 StumbleUpon SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Opening the ‘Playtech Academy’ at ICE 2018, Group Chief Executive Mor Weizer details that company leadership is unfazed by the radically changing regulatory landscape impacting all industry stakeholders.Leading Playtech Plc since 2007, Weizer states that his firm’s services and operations have helped tier1 clients overcome all previous regulatory challenges, 2018 is therefore no new phenomenon for the FTSE technology supplier.For industry technology providers, 2018 appears a daunting prospect as betting operators face tougher regulations and advertising restrictions in lucrative markets such as the UK and Australia.Not so for Playtech, which Weizer states has expanded by the belief that ‘regulation equals maturity, which in turn produces stable conditions’.Meeting 2018 drastic regulatory changes, Weizer and Playtech executives firmly believe ‘this is the time to support the industry’s local heroes’, those legacy tier1 betting operators with established retail and digital verticals.Whilst times appear tough, Weizer points to Playtech’s successful record at creating effective omni-channel systems, helping clients such as William Hill, Ladbrokes Coral and SNAI Italia bridge retail and digital consumer dynamics.From a consumer perspective, Weizer states that operators and wider technology stakeholders need to optimise their user data information and gathering techniques to fully understand customer trends and dynamics between products and verticals. Weizer points to omni-channel data-led strategies that have worked within the entertainment and retail sectors, as sectors’, stating that these new engagements should motivate operators.Ending his ICE 2018 presentation, Weizer tells attending press delegates that he is most pleased with his firm’s ability to demonstrate ‘dynamic concepts every year’, which are then developed into ‘effective client products’… Weizer is right to question whether other technology leaders at ICE 2018 can make the same claim. Submit
DES MOINES — A moment of prayer and solidarity in downtown Des Moines on Sunday night diffused a tense situation.A few hundred protesters gathered outside the Des Moines Police station, kneeling in silence to honor George Floyd, the black man who died a week ago in Minneapolis police custody. Then they began chanting at police on the other side of barricades to do the same.WHO Television’s livestream on Facebook showed a black officer and a white officer behind the barricades kneeling in prayer, drawing a positive roar from the crowd. People in the crowd yelled that they’d leave if every officer on the scene knelt. For two minutes, police in riot gear joined the protesters, symbolically taking a knee, to cheers.The crowd then left.A rally for change is scheduled for tonight (Monday) on the Iowa Capitol grounds. A handful of protesters peacefully gathered in Central Park in Mason City late last night.
St. Leo the Great Church in Lincroft opened its doors and welcomed all local Girl Scout Troops to attend mass Sunday, March 10, in honor of Girl Scout Sunday. Local Kindergarten and first-grade Daisy Troops 524, 696, 854 and 856 gathered at the church to celebrate this tradition. The Rev. John Folchetti greeted the girls at the beginning of Mass and addressed them during his sermon.
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dana oshiro Why Tech Companies Need Simpler Terms of Servic… Tags:#health#NYT#web A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting “Cell counting is the main thing we have done,” Says Fletcher. “Additional things could include annotating an image to point out a problem or a question to be answered by a doctor at a central hospital.” If cell images are coupled with patient details and locations, the CellScope can help reduce disease-based death rates by guiding grassroots health workers in deploying resources, treating those affected and stopping the spread of disease across townships. For more mobile phone based health solutions, check out NetSquared’s list of projects. 8 Best WordPress Hosting Solutions on the Market This weekend millions of North American children diligently completed their homework, did their chores and stayed on their best behavior in the hopes that they’d attend Harry Potter and the Halfblood Prince in theaters. Meanwhile, half way around the world, thousands of children work for the magical protections of mosquito nets and running water. Their Voldemort is malaria. Between 1-3 million malaria deaths happen every year with the majority of the victims being young children in Sub-Saharan Africa. Nevertheless, thanks to the work of a Berkeley research team, help may be on its way. In so many malaria-endemic countries, the lack of health personnel, equipment and accessible hospitals are a major barrier in ensuring timely diagnosis. But Daniel Fletcher and his team at the University of California in Berkeley have modified a Nokia N73 phone in the hopes that it will alleviate resource issues and aid in early detection of malaria. With the N73 as the kernel, the team added a battery-powered LED lamp and a series of filters. The result is an extremely inexpensive portable microscope with the potential to detect malaria, sickle-cell anemia and tuberculosis from fluid smears. Microscopy-based detection of malaria is possible by taking a pinprick from a patient, smearing their blood onto a treated glass slide, and examining it under a microscope. Malaria parasites are detectable when they react to the treatment on the glass (Giemsa stain). According to a New Scientist article published this morning, the modified phone or “CellScope” makes it possible for field doctors to test for the disease as well as send their images to labs via a wireless network. Related Posts
Essential Reading! Get my 3rd book: Eat Their Lunch “The first ever playbook for B2B salespeople on how to win clients and customers who are already being serviced by your competition.” Buy Now Yesterday I had a Facebook chat exchange with my friend, Chris. We were chatting about why people who know they need to change don’t buy when what is being sold will help them. Here are five reasons your prospective clients don’t buy and some ideas about how you can better serve them.1. They haven’t yet reached threshold: Some of your dream clients haven’t yet reached threshold. They know that they have a problem, they know the status quo no longer serves them, but they haven’t yet reached the point where they believe that they have to do something. They don’t yet believe that the consequences of inaction are great enough.Talking about the implications of inaction makes most salespeople as uncomfortable as it does their prospective clients (and for the softest of salespeople, they can’t fathom the thought of bringing up the negative implications of failing to change). But discussing the dire consequences is exactly what helps your prospect reach threshold. Ask, “What happens if you don’t change,” or “What happens when you run out of time?”2. Too little value: Your prospective clients don’t buy when they don’t perceive enough value in what you sell. They may very much believe they need to make a change, and they may have reached threshold without believing that what you sell is the answer. People buy when they believe the benefit they receive from what you sell outweighs the price they pay for it. It’s easy to believe your buyer doesn’t “get it.” But helping them “get it” is how you create value.To move a prospective client who doesn’t perceive enough value, you have to increase the perception of value. You have to help them see the value they are overlooking. Too many salespeople refuse to build up the value because they’ve been frightened out of pitching. Say, “Can I share with you all of the ways I believe this is going to make a difference for you?”3. Too much risk: What you sell may produce outstanding results. You might even have dozens of clients who are benefiting wildly from the outcomes you helped deliver. But unless and until your dream client believes they are going to experience the same benefits, the risk of not achieving those benefits will seem too great.Because you know how something works and how it will benefit your customers, it’s easy to believe that they should know what you know. You have to help your customer resolve their concerns about their ability to execute and their ability to achieve the results you promise. Ask, “I want to make sure I have given you everything you need to support this decision. What else would you need to see to move forward?” Assume there is something left unresolved.4. Not enough information: When you hear the words “I need some time to review this,” you can be certain that your prospective client lacks information. In a business-to-consumer sale, this is a clear indication that they are seeking more information, information that you haven’t given them. In a complex, business-to-business deal, it likely means you don’t yet have consensus.To help your prospective buyer make a better decision, you have to help them with more information. You have to help by providing more information and more discussion. A lot of salespeople fear engaging the client here, worrying that they are overstepping their boundaries by not allowing their prospect time. They are shirking their responsibilities. You ask, “If you need more time, that’s usually an indication that we’ve haven’t covered something as well as we needed to. Can you share with me what your concerns are, and I’ll see if I can’t provide you the information you need?”5. Too much fear: All of the above are really derivatives of fear. Your prospective clients worry about spending money. They worry about their image, what others will think of them. They fear you won’t be there to help them. They fear failure. They fear negotiating a poor deal and that you are claiming too much value.The long and short of all of this is that you have to be prepared to help your clients deal with their fears in whatever form they manifest those fears. Much of the time, they fear the wrong danger.Think about the last time you needed to buy something but hesitated. What did you fear? How could someone have helped you with that fear?
Trending Articles PLAY LIST 00:50Trending Articles02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:42PH underwater hockey team aims to make waves in SEA Games E.T. returns to earth, reunites with grown-up Elliott in new ad Fire hits houses in Mandaluyong City Don’t miss out on the latest news and information. The duo’s basketball-inspired salsa performance netted them a final score of 18 out of 30 points. /ra Brace for potentially devastating typhoon approaching PH – NDRRMC LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary View comments Nonong Araneta re-elected as PFF president Read Next BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Veteran fencers shine in Asian tilt MOST READ Retired NBA player and former head coach Derek Fisher is certainly a dead shot on the court, but as it turns out, he’s pretty good with his feet, too.The five-time NBA champion recently took his talents to the hit show “Dancing with the Stars” and showed the world some of his best moves.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutAs seen in a Twitter video posted by Zach Harper, the 43-year-old former point guard put on a dancing display to the ample tune of Kurtis Blow’s 1984 hit “Basketball.”Clad in what appeared to be a Lakers-inspired one-piece outfit, Fisher gyrated his hips and pranced about the stage with his partner Sharna Burgess—much to the delight of the audience in attendance. LATEST STORIES Kammuri turning to super typhoon less likely but possible — Pagasa Come get your man, @forumbluegold pic.twitter.com/rWwRNWbQKs— Zach Harper (@talkhoops) September 22, 2017ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients
Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games MOST READ Archers survive Tams’ final rally The Cavaliers had hoped to have James play alongside newcomers Derrick Wade, Dwyane Wade and Jae Crowder with Kevin Love shifted from forward to center in what figures to be a formidable lineup should they be able to work cohesively.“It’s a challenge when you’ve got a new team and you want to incorporate stuff,” Lue said.“Do we wish we had a little more time with him in the pre-season? Yes. But we have to make do with what we have.” /cbb Read Next Nonong Araneta re-elected as PFF president Don’t miss out on the latest news and information. LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary The 32-year-old playmaker, who led the Cavs to their first NBA crown in 2016, missed most pre-season workouts and three pre-season contests with a left ankle sprain suffered on September 27.Lue said: “(James is) pretty mad, pretty pissed off. But I mean, it is what it is.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutJames has not missed a season-opener in 14 NBA campaigns, but Lue hesitated when asked about his availability against Boston next week.“(James) got treatment all day today, so I’m not sure if we should be concerned or not,” Lue said. “But it’s pretty sore today so we’ll just see what happens.” Brace for potentially devastating typhoon approaching PH – NDRRMC LeBron James #23 of the Cleveland Cavaliers reacts after suffering an injury against the Boston Celtics at the TD Banknorth Garden on February 27, 2008 in Boston, Massachusetts. LeBron may miss the Cavs’ opener with the Celtics due to a sprained left ankle, Cleveland coach Tyronn Lue said Wednesday, Oct. 11, 2017. AFP Washington, United States — Four-time NBA Most Valuable Player LeBron James will not play in Cleveland’s last pre-season game and is questionable for Tuesday’s season opener against Boston, Cavaliers coach Tyronn Lue said on Wednesday.James awoke with a sore left ankle after scoring 17 points in his first pre-season appearance, a 108-94 loss to Chicago, and Lue declared he would not practice on Thursday or play on Friday in the exhibition against Orlando.ADVERTISEMENT Fire hits houses in Mandaluyong City Typhoon Kammuri accelerates, gains strength en route to PH Frontrow holds fun run to raise funds for young cancer patients Kammuri turning to super typhoon less likely but possible — Pagasa J.R. Smith will start for James on Friday with Jose Calderon moving into the lineup, Lue said.James said after the pre-season loss to Chicago that the game was a test to see how his ankle was recovering from the injury.“I’m pushing through it right now,” James said. “I just wanted to try and test my foot, test my ankle to see how I would come out.“I definitely wanted to test it knowing that at least if I tested it tonight I have a week until the regular season started if I don’t play in the game on Friday.”James averaged 26.4 points and career highs of 8.6 rebounds and 8.7 assists last season as the Cavaliers reached the NBA Finals, losing to Golden State. It was the seventh consecutive trip to the finals and eighth overall for James.ADVERTISEMENT LATEST STORIES BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight View comments