Young investors set to fuel buy-to-let boom

first_imgHome » News » Housing Market » Young investors set to fuel buy-to-let boom previous nextHousing MarketYoung investors set to fuel buy-to-let boomThe number of buy-to-let mortgage deals has now exceeded 1,000 for the first time since April 2008.The Negotiator1st September 20150613 Views Many young people may be struggling to get a foot on the housing ladder, but that does not mean that they do not recognise the potential benefits of investing in residential property.Fresh research provided by letting agent Rentify shows that nearly half – 49 per cent – of 18-39 year olds believe that acquiring buy-to-let property represents the best investment option in the UK today, with almost 4million people in this age group actively seeking to buy an investment property.With buy-to-let landlords having benefitted from a booming property market earning returns of up to almost 1,400 per cent since 1996 – capital growth and returns combined – it is easy to understand why it is an investment type that appeals to many people across all age groups, not just the young.George Spencer (left), CEO at Rentify said, “The fact that 49 per cent of first-time buyers would consider investing in buy-to-lets is fantastic and shows that there are more options out there and more people who want to get on the ladder.”But-to-let continues to beat returns on all other mainstream investments, including commercial property, UK government bonds, shares and cash, and that trend looks set to continue, on the back of soaring demand from tenants.The latest HomeLet Rental Index revealed that overall rent price increases were running ahead of inflation and house price growth to hit an all-time high of £977 per month in July, up 11.8 per cent year-on-year, helping to ensure that many investors are continuing to rent out their homes at a healthy profit.The latest buy-to-let index from Your Move and Reeds Rains shows that the gross yield on a typical rental property in England and Wales increased to 5.2 per cent in July, up from 5.1 per cent the preceding month and 5 per cent in July 2014.The data also revealed that a typical landlord achieved overall returns of 8.7 per cent, on average, over the year ending July 2015. Although this marks a significant drop from the 10 per cent recorded in June and 12.5 per cent in the year ending July 2014, it remains considerably higher than all other investment assets in today’s market.With attractive rental returns still achievable, the reality is that an increasing number of people will continue to enter the private rental sector, as buy-to-let consolidates itself as the investment of choice, partly due to the dismal returns savers are currently receiving from banks and building societies.Charlotte Nelson (right), Finance Expert at Moneyfacts.co.uk, said: “With high rents and poor savings rates, it’s little wonder that the buy-to-let market is booming.”In light of this increasing demand, buy-to-let mortgage product numbers have soared to more than 1,000, up from 460 products available just two years ago, according to data from Moneyfacts.co.uk.“The boom in deals has undoubtedly been boosted by providers taking advantage of the new demand from thousands of pensioners making the most of the new pension freedoms,” Nelson added.residential property investments buy-to-let buy-to-let boom buy-to-let mortgages young investors September 1, 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 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 2021last_img read more

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Animal-cruelty probe leads to US’s biggest meat recall

first_imgFeb 18, 2008 (CIDRAP News) – A California meatpacking company has issued the largest meat recall in US history—143.4 million pounds—after revelations that the firm mistreated cattle and violated the federal ban on putting disabled or “downer” cattle into the human food supply.The US Department of Agriculture (USDA) announced yesterday that meat produced by Hallmark/Westland Meat Packing Co. of Chino, Calif., over the past 2 years was unfit for human food because some cattle processed at the plant couldn’t walk at the time of slaughter.The recalled meat includes 37 million pounds sold to the USDA’s school-lunch and other nutrition programs, according to news services. The USDA rated the recall as Class II, meaning there was only a “remote” chance that the meat would be harmful.Protection from ‘mad cow’USDA banned the use of nonambulatory cattle for food after the nation’s first case of bovine spongiform encephalopathy (BSE), or mad cow disease, was found in late 2003. The ban was modified last year, when the USDA said downer cattle could be used for food if a USDA veterinarian determined that the animal’s condition was due to an acute injury rather than disease.The recall stems from an undercover investigation by the Humane Society of the United States (HSUS), which on Jan 30 released video footage of Hallmark/Westland workers mistreating downer cattle to make them get up. Workers were shown spraying water on cattle, shocking them with cattle prods, and ramming them with a forklift.In a question-and-answer statement yesterday, the USDA called the situation “an isolated instance of egregious violations to human handling requirements and the prohibition of non-ambulatory disabled cattle from entering the food supply.”USDA officials said the abused cattle had passed USDA ante-mortem inspections on the day of slaughter, but later became unable to walk. Under the rules, the company was required to notify the USDA so a veterinarian could re-inspect the disabled animals and determine if they should be barred from the food supply or assessed further.Evidence gathered by the USDA Food Safety and Inspection Service (FSIS) showed that the company “did not consistently contact the FSIS public health veterinarian in situations in which cattle became nonambulatory after passing ante-mortem inspection,” the USDA said in a news release.The violations occurred “occasionally over the past two years,” and therefore all beef products produced during that time were ruled unfit for consumption, the agency said.After learning of the HSUS revelations, the FSIS suspended inspections at Hallmark/Westland on Feb 4. The plant will not be allowed to reopen until it has explained how the violations occurred and shown it has taken corrective steps, the agency said.”I am dismayed at the inhumane handling of cattle that has resulted in the violation of food safety regulations at the Hallmark/Westland Meat Packing Company,” Agriculture Secretary Ed Schafer said in a statement yesterday. He added that it was “extremely unlikely” that any of the cattle had BSE, because of other safeguards in place.All the products subject to recall were sold to wholesale distributors, not retail stores, the USDA said. The products bear the establishment number “EST. 336” inside the USDA mark of inspection.USDA officials said yesterday that much of the recalled meat probably has already been consumed, according to a report published today by the Chicago Tribune.The USDA said recalled meat that was sold to federal nutrition programs must be destroyed and cannot be used as pet food. The agency promised to reimburse states for products that have to be destroyed and to help find replacement products.After an investigation prompted by the HSUS video, a California prosecutor filed animal cruelty charges last week against two former Hallmark/Westland plant workers, according to the Tribune.Public health value questionedCraig Hedberg, PhD, a food safety expert at the University of Minnesota in Minneapolis, agreed that the risk of BSE contamination in any of the recalled meat is extremely low. But he added, “I think the real story is that the entire story is embarrassing to USDA and highlights an essential flaw in our inspection system. So to compensate, they seem to be taking an aggressive stance that seems to have little value for protecting the public’s health.”Hedberg, an associate professor of environmental and occupational health, added, “Inspectors can only deal with what they observe. In this case, there were animal cruelty issues just outside the plant that had a bearing on the ‘safety’ of the meat coming out of the plant. Because the inspectors did not witness it, it went unchecked. The limitations of inspectors to detect E coli contamination are even bigger and better documented problems.”HSUS President Wayne Pacelle, commenting on the recall yesterday, said, “A recall of this staggering scale shows it’s bad for animals, bad for consumers, and bad for business to have slipshod enforcement and porous laws when it comes to handling animals at slaughter plants.”The United States has had three BSE cases so far: one in Washington state in 2003, one in Texas in 2005, and one in Alabama in 2006. The Washington case was in a Canadian-born cow. The USDA said it has tested 759,000 cattle for the disease since June 2004.See also: Feb 17 USDA news releasehttp://www.fsis.usda.gov/PDF/Recall_005-2008_Release.pdfFeb 17 statement by USDA Secretary Ed Schaferhttp://www.usda.gov/wps/portal/usdahome?contentidonly=true&contentid=2008/02/0046.xmlFeb 17 USDA question-and-answer documenthttp://www.fsis.usda.gov/PDF/HallmarkWestland_QAs.pdfJan 30 statement by USDA Secretary Schafer on the violations at Hallmark/Westlandhttp://www.usda.gov/wps/portal/usdahome?contentidonly=true&contentid=2008/01/0025.xmllast_img read more

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Alphaliner: Transpacific Route to See 8 Pct Rise in Capacity

first_imgTotal capacity on the transpacific routes is expected to increase by at least 8% by July this year, according to Alphaliner.So far, two new services were unveiled for the routes, which are expected to add to various capacity upgrades planned on existing services.Overall capacity to both the US West Coast and US East Coast is expected to increase by 8 to 9%, with additional capacity to be progressively phased in from April.Alphaliner informed that OCEAN Alliance carriers are to contribute the bulk of the additional capacity, with overall growth of more than 10%, while SM Line would almost double its capacity with the launch of a new service to the Pacific Northwest in May 2018.APL has also announced a new Eagle Express X (EXX) service, to be launched in July 2018, offering a fast eleven-day transit time from Shanghai to Los Angeles. The new loop is set to challenge the ten-day express service that Matson offers on its China-Long Beach Express (CLX).“The planned capacity increases will have an impact on the ongoing rate negotiations for the new annual Transpacific service contracts from May 1 and spot freight rates are expected to come under pressure as vessel utilisation falls,” Alphaliner said.After the brief recovery of January and February, SCFI spot rates are to register falls in the coming weeks as demands slows after the Lunar New Year holidays in the Far East.last_img read more

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Mayor thanks Main Street Aurora

first_imgAurora, IN—The Aurora Office of the Mayor is thanking the Main Street Aurora Board of Directors for their decision to support 103 entities in downtown Aurora and their decision to provide a $50.00 utility credit to our local retail establishments, churches, organizations, personal services, restaurants, schools, and professional businesses in Downtown Aurora.If an entity in the historic district does not receive credit on your next utility bill, please contact 812-584-7796 or email [email protected]last_img read more

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Guyana is second as T&T  shoots their way to top spot

first_imgHOST Trinidad and Tobago surged to the West Indies Fullbore Shooting Council Short Range and, in the process, dethroned Barbados who had won on home soil in 2018.All the action unfolded at the Tucker Valley Range, Chaguaramas and was hosted by the Northern Rifle Association of Trinidad and Tobago (NRATT) under the auspices of the West Indies Full Bore Shooting Council (WIFBSC).Former WIFBSC Individual Champion, Lennox Braithwaite, shot the highest score of any team on Saturday last (148.14) but his effort could not land Guyana the Short Range title as the host team, led by 2019 Individual champion, Varma Rambarran, who shot a total of 147.18, led T&T to 1130.80 points just two more than the Guyanese (1128.65) to win the most coveted team trophy amongst the Caribbean marksmen and women.While not winning the title, Captain Mahendar Persaud, in an invited comment, said that his charges still made themselves and country proud given some challenging circumstances. He noted that all the shooters did their best and summed up that the Trinidad and Tobago side capitalised on their home advantage to the fullest.Former champions Barbados ended third with a total score of 1075.60 with Antigua and Barbuda fourth with 1063.58. Team Canada won the match with a score of 1142.71 while Team England was fourth with 1115.74.The Guyanese remain the kings of the Long-Range Team Title and will hold on to the Milex/Crown Mining trophy until next year.last_img read more

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Hagstrom: Connelly must improve for hockey to have shot

first_imgAbsolute pandemonium.Tonight, hordes of people young and old will dress up and celebrate the spirit of Halloween.Some dress up for the laughs, others for the aesthetic appeal, and then there are those who truly want to be someone else. Whatever the case, measured by the pails of candy, clumsy stumbles or Facebook-worthy pictures, the transforming act is an overwhelming success.As is customary on game nights, UW goaltender Shane Connelly will go as Superman.It’s time he starts playing the part.Six straight games against Top 10 foes and the Badgers have gotten off to a 0-5-1 start.The defense is young, inexperienced and mistake-prone. Connelly is a veteran, savvy and… mistake-prone.No question — the defense has been out of position the numerous times the puck has zipped past Connelly.No question — Wisconsin players renting out and residing in the penalty box as their home away from home have put Connelly at a disadvantage.No question — one upperclassman blue-liner and a roster full of NHL-talent defensemen eyed for their open ice and scoring abilities, not the grind it out defense the WCHA plays, have metaphorically grayed Connelly’s hair.The defense is young, the opposition lethal, but the goaltender can still make plays. College hockey is tough. The WCHA is merciless.Connelly still lets in soft goals.No. 35 has been, bar a couple periods and smattering of plays, a sieve. Not in the “drain the water from the pot of noodles sense,” but in the water surging over a useless sandbag levee.Eighteen goals have scored under Connelly’s watch — that’s 4.45 goals per 60 minutes. Only Mercyhurst and Bemidji State — two of 58 Division 1 teams, yes teams — have allowed a higher clip per game. Nine have come in the third period, three times blowing a lead or tie. And Connelly hasn’t started every night. (More on that to come.)The WCHA is known for its defense — and goaltenders. What happened in Wisconsin?While the defense adjusts and slowly grows up, Connelly needs to be Superman. He wears the mask with the “S” shield decal on the back for a reason. Alone, Connelly stands between the enemy and glory.On the top shelf of his locker sits a journal. In it, he describes and recalls opposing player’s tendencies with the puck: where they shoot from, how — wrister, backhand, slap — and in what formation.The scribbling shouldn’t serve as a memento, a “Hey, look what I do during the games;” it should be put into practice on the ice. Time and time again.Not knowing what’s coming and getting beaten is poor scouting. Knowing what’s coming and not being able to stop it is an entirely separate matter.There doesn’t appear to be anyone else anytime soon either. Connelly’s it. UW coach Mike Eaves tried Scott Gudmandson. The results were horrifying.In two games, Gudmandson allowed 12 goals. Do the math. That’s 2003 Detroit Tigers bad. For his career, 3.66 GAA is the number to consider.Save percentage is a better indicator of talent, or lack thereof. The Akili Smith of WCHA goaltenders stops the puck 82.4 percent of the time. Really good teams shoot 10 percent against a variety of talent. More than 14 percent of shots on Gudmandson have scored during his short career.Again, 1976 Buccaneers bad.While superior to Gudmandson, Connelly will never be better than average. He’ll never rank among the Brian Elliotts, Curtis Josephs and Bernd Brucklers of Wisconsin hockey history. That much is true. But without support of the beams and pillars (and Superman preoccupied by Lex Luthor), so too will the hockey team crumble if Connelly gives in.Connelly must continue to fight, as futile as it may sometimes be.Because if Connelly can somehow find it in himself to play with the emotions and excitement of the North Dakota series last November, where he pitched a shutout one night and made an acrobatic save the next, maybe, just maybe, Average-Man will be super enough.Kevin is a former Badger Herald sports editor. Want to talk more Badgers hockey? He’s graduated now, but he can still be reached at [email protected]last_img read more

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McKinnon, Bohonnon Soar For US

first_imgMINSK, Belarus — Kiley McKinnon and Mac Bohonnon gave the United States its first ever World Cup title double in aerials skiing on March 1.McKinnon becomes the first U.S. woman to win the World Cup since Nikki Stone in 1998, while Bohonnon is the first American men’s winner since Jeret ‘Speedy’ Peterson in 2005.“It’s kind of hard to describe what just happened,” McKinnon said. “It’s been so long since a U.S. woman has gotten this globe. It just makes me feel so honored to represent the U.S.”McKinnon secured her title with second place at the final round in Minsk, Belarus, as fellow American Ashley Caldwell took the event win, scoring 99.63 points with a back full-full-full. Russia’s Veronika Korsunova was third.Bohonnon also finished his season with second place as Ukraine’s Oleksandr Abramenko won the Minsk round with a 122.62-point score. Denis Osipau of Belarus was third.“To win a globe is a dream come true,” Bohonnon said. “I’ve been thinking about it for a really long time. And to do it 10 years after ‘Speedy’ did it feels really special.”Both McKinnon and Bohonnon were helped in their title push when top Chinese skiers opted to skip the final two World Cup rounds.TweetPinShare0 Shareslast_img read more

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WHATS SHOOTING IN ONTARIO – AS OF JUL2117 – LINKS BY DGC

first_imgAdvertisement LEAVE A REPLY Cancel replyLog in to leave a comment Twitter Advertisement Advertisement ACTRA – CLICK HEREIATSE 873 – CLICK HERE.LOOKING FOR A JOB?  CHECK OUT OUR CASTING, JOB & CREW NOTICESCASTING NOTICES: CLICK HERECREW & JOB NOTICES: CLICK HERE.ARE YOU CREW?ARE YOU A PRODUCTION COMPANY?DO YOU PROVIDE A SERVICE TO THE INDUSTRY?Register & List your company in the FREE eBOSS PRODUCTION DIRECTORYCLICK HERE————FOLLOW eBOSS CANADA  The Entertainment Business One-Stop ShopFacebook: https://www.facebook.com/eboss.canada/Twitter: https://twitter.com/eBOSSCanadaInstagram: https://www.instagram.com/eBOSSCanada/YouTube: https://www.youtube.com/channel/UCM1DvYkRJ2YXSrJXJ7-3f0A Login/Register With: WHAT’S SHOOTING IN ONTARIO – AS OF JUL-21-17DGC (Director’s Guild of Canada) Hotlist – CLICK HERE (65 page PDF)OMDC (Ontario Media Development Corporation) MEDIA LIST – CLICK HERE (5-page PDF) Facebooklast_img read more

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Couple who posed nude in regalia causes stir in Saskatchewan

first_imgAPTN National NewsAn Indigenous gay couple is set to make some waves after posing for a semi-nude photo shoot in a Saskatchewan magazine.The couple, a Metis man and his First Nation partner, are wearing some  traditional garb.APTN’s Larissa Burnouf now with more.last_img

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Tiger Woods May Not Get A Better Shot At Another Green Jacket

2016Danny Willett—————— Masters winners do their best work from tee to greenStrokes gained rankings by category for Masters Tournament winners during the seasons they won, 2004-18 As the world’s greatest golfers convene in Augusta, Georgia, this week for the Masters, it’s time for every sports fan’s annual rite of spring: wild speculation about whether Tiger Woods can add a fifth green jacket to his closet. Picking Woods used to be a trendy bet; then it began to feel like a totally futile exercise. Well after he last won the event in 2005, there was a period when Woods was in the news constantly for everything except golf success. In fact, it wasn’t too long ago that Woods’s relevance as a winning golfer seemed finished, along with his bid to chase down Jack Nicklaus’s record for all-time majors won.But that all changed last season, when Woods put everything back together again to finish eighth on the PGA Tour money list and win the season-ending Tour Championship in September. Now Woods is back, in his best position in years to win another Masters. According to VegasInsider, Woods has the third-best odds of any player to win this weekend; he’s also playing even more inspired golf than he did during last year’s comeback campaign. But at age 43, will this be one of Woods’s last chances to win at Augusta before his days of being a viable champion are over?Certainly, Tiger has been outplaying many of his much younger rivals these past few seasons. Since the end of his lost 2017 campaign, Woods ranks sixth among qualified1Minimum 30 total rounds measured by ShotLink, the PGA Tour’s real-time scoring system. PGA Tour players in total strokes gained per round, trailing only Dustin Johnson, Justin Thomas, Justin Rose, Rory McIlroy and Tommy Fleetwood. He’s mostly regained his old mastery of irons on approach shots and still has some of the game’s best feel for shots around the green. In terms of strokes gained, Woods is picking up 1.67 shots (relative to the average player) per round so far in 2019, an even better mark than the 1.60 he posted last season — which itself was easily his best performance in five years.One of the most impressive aspects of Woods’s early play this season has been improved accuracy off the tee. According to the PGA Tour, Woods has hit 65.2 percent of possible fairways on his drives this season, which ranks 54th out of 214 qualified players. That might not sound amazing, but by Woods’s standards, it is ultraprecise accuracy. Last year, he hit only 59.4 percent of fairways, which ranked him 127th, and he struggled to break 55 percent over the four injury-plagued seasons before that. (Even during his really great pre-scandal/injury seasons, hitting fairways was an Achilles’ heel. In 2007, when he made the most money playing golf of his career, Woods ranked 152nd in driving accuracy and failed to hit 60 percent of fairways.) When Woods is scuffling, the first indication is often a wayward drive that requires subsequent artistry just to make par.With the help of that improved accuracy, Woods now ranks 72nd in strokes gained on drives this year — he was 100th last year — and ninth in strokes gained from the tee to the green, picking up 1.48 shots per round before ever setting his spikes on the putting surface. Classic Tiger was always a tee-to-green monster, ranking either first or second in the category every healthy season from 2006 to 2013, so his strong performance in that category this year is another signal that Woods is returning to vintage form.It’s also a very good sign for his chances at Augusta. That’s because, as Todd Schneider wrote about for FiveThirtyEight a few years ago, the Masters often comes down to a player’s skills with the long clubs — contrary to the tournament’s reputation for being a putting contest.Great PGA Tour players generally assert themselves most on approach shots and drives anyway, gaining about 4 strokes relative to average from tee to green for every extra shot they pick up on putts. But the recent history of Masters winners also suggests that a great long game is the true prerequisite for winning the green jacket. The average winner since strokes gained was first tracked in 2004 (excluding the 2016 and 2017 winners, Danny Willett and Sergio Garcia, because they lacked enough PGA Tour rounds to qualify for official leaderboards) ranked only about 86th in putting performance per round but 35th in strokes gained off the tee, 32nd in strokes gained on approach shots and 18th in total strokes gained from tee to green. 2008Trevor Immelman116501131191113 2018Patrick Reed104742297224 Strokes gained tee-to-green was the top category (or tied for the top) for 46 percent of the Masters winners over that span,2No other category was above 38 percent. and 62 percent of winners ranked among the Top 10 in the statistic — like Woods does this year. (This is consistent with my previous research that driving distance and approach accuracy are the two secret weapons players can possess at Augusta, causing them to play better in the Masters than their overall scoring average would predict.)I haven’t mentioned Tiger’s putting numbers yet, and with good reason. Woods used to be the greatest putter in the world, but so far this season he ranks just 74th in strokes gained with the flatstick, adding only 0.19 shots above average per round. Last year, he was better — 48th on tour — though he still wasn’t the putting maestro who once showed me and countless others the fundamentals of a great stroke. However, Augusta has frequently seen putters who rank far worse than Woods win during the era of detailed PGA Tour tracking data. (In fact, more than half of qualified Masters winners since 2004 have ranked worse than 78th in putting.) Putting performance is so random from year to year — much less from tournament to tournament or even round to round — that it’s a lot easier for a good tee-to-green player to get hot on the green for a weekend than for a good putter to suddenly have an uncharacteristically amazing weekend off the tee.Because of all this, it’s not hard to understand why Woods is a strong 12-to-1 bet to win the Masters. But it’s also not hard to imagine that this could be the 43-year-old’s last, best chance to win another green jacket. Using our research on historical major winners from a few years ago, here’s what the aging curve for championship golfers looks like: 2017Sergio García—————— 2015Jordan Spieth15117492 2007Zach Johnson613016460513 2013Adam Scott21677510811 2012Bubba Watson1598431606 2011Charl Schwartzel224564199620 Average34.531.970.018.486.121.2 2009Ángel Cabrera3748169636351 2014Bubba Watson2476371098 2005Tiger Woods44128451 YearMasters WinnerOff TeeApproachAround GreenTee to GreenPuttingTotal 2006Phil Mickelson124664405 PGA Tour Rank 2010Phil Mickelson66532513312 Garcia and Willett didn’t play enough rounds to qualify for the PGA Tour’s rankings during their Masters-winning seasons.Source: PGAtour.com 2004Phil Mickelson7224351289 That spike in wins for players in their early 40s came from 42-year-olds Ernie Els, Darren Clarke, Payne Stewart, Tom Kite and Gary Player, and it was the last actual uptick on the chart — and Woods is now on the wrong side of it. Jack Nicklaus famously won his final major at age 46, but most great golfers are largely done winning by their early to mid-40s. And the game has only gotten younger in the twilight of Woods’s career; while the average major-winner in our data set above (through 2014) was 31.9, that number is just 29.6 in the years since. With his own early career dominance and popularity, Woods has inspired a younger generation of gifted golfers that he now must do battle with.Woods is a special talent and in the conversation for the greatest golfer ever.3Even though most fans still give Nicklaus the nod. He’s playing as well heading into Augusta as he has in a long time and excelling in exactly the right categories. But between aging effects and his own injury history, he may never have a better shot at winning another Masters than he does right now. Once upon a time, Tiger was legendary for pouncing on every opportunity left in front of him. We’ll just have to see if he can summon that ability yet again. read more

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