Home » News » Housing Market » Autumn Statement: 40,000 new homes promised previous nextHousing MarketAutumn Statement: 40,000 new homes promisedPhilip Hammond announces another £1.4billion for new builds.Sheila Manchester23rd November 20160675 Views 40,000 new homes on their way – that was a good start to The Chancellor’s Autumn Statement.The Government has, again, increased its drive for more affordable housing to help to address what he described as a chronic shortage.The Chancellor echoed the pledge by Theresa May, the Prime Minister, to ensure the economy “works for everyone.”Philip Hammond said that the Government had made great efforts but now must go even further, announcing a further £1.4bn funding injection to help thousands more families to buy a home.The Government says that 40,000 new homes will be built as a result of the funding injection, which, with the Help to Buy Equity Loan Scheme and the Help to Buy ISA, will be used to help first-time buyers, sharing owners who wish to move on.He said that they will abandon the rigid framework set by the current Affordable Homes Programme, with the £4.3bn of current and £1.4bn of additional funding allocated “flexibly” between existing shared ownership and affordable rent schemes.Previous plans indicated that 88pc of funds would be used to build at least 135,000 homes for shared ownership, which are targeted at families with incomes of £80,000 or less, or £90,000 in London.Around 10,000 homes were expected to be built under the Rent to Buy scheme, where prospective buyers pay a discounted rent for five years while saving for a deposit.Allocations will now depend on demand from local authorities and housebuilders.On a separate note, The Chancellor announced that he would widen the Right to Buy scheme to Housing Association tenants.Vince Cable welcomed the greater investment in affordable homes, but said that to meet the Government’s house building targets Mr Hammond would have look beyond private developers and start investing in the public sector. “During out time in coalition the housing supply situation was appalling,” Mr Cable said.“One area where they have freedom for movement would be to let public sector housing flourish. It’s basically collapsed to zero. If public and housing associations were allowed to borrow in order to build, letting the public sector take off where the private sector won’t invest, that would make a real difference.”He added that “fiddling around” with small incentives for the private sector would fail to meet targets to build 1 million new homes by 2020. housing market Philip Hammond new homes Affordable Homes Programme Autumn Statement vince cable November 23, 2016Sheila ManchesterWhat’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
A funeral mass was offered Dec. 15 at Sts Joseph and Michael Church, Union City, for Antonia DeCeglie, 85, of Union City. She passed away Dec. 11 at her daughter’s home in Carteret. She was born in Malfetta, Italy and lived in Hoboken before moving to Union City 45 years ago. Antonia worked as a seamstress and was a member of the International Ladies Garment Workers Union of West New York. She was the wife of the late Antonio and the mother of Clara Murolo and husband Nicolo, Catherine Bloom and husband Dawson L, Bloom and Vito DeCeglia and wife Stacy. Also surviving are her grandchildren: Lorenzo Murolo, Mariantonia Filippone and husband Nicholas, Sarah Murolo, Dawson Liam Bloom III and Antonio DeCeglia as well as great grandchildren Gabriella, Guliana, Nicholas and Cole.Services arranged by the Leber Funeral Home, Union City.
The cost of petrol is expected to rocket, due to the price of crude oil reaching record levels, pushing up costs for bakery distributors. The price of oil recently broke through the $80 (£40) a barrel for the first time. These price increases are expected to be passed on to road users.”As the recent financial market turbulence remains unclear,” according to the Oil Market Report by the International Energy Agency, “falling stocks in August underscored higher prices.”Released on 12 September, the Oil Market Report highlighted that world oil supply fell by 430kb/d (thousand barrels a day) to 84.6mb/d in August, on North Sea and Mexican outages, plus lower Iraqi exports. And while concerns that a fresh wave of hurricanes could hit American oil installations, demand is rising sharply in China and India, the world’s fastest-growing energy markets. These factors are adding to the uncertainty of future petrol and energy pricing.Despite this current pricing environment, the government’s Commission for Integrated Transport’s (CfIT), said that if it put up the price of petrol in the UK, this would help to reduce carbon dioxide emissions. James Hookham, MD of policy and communications at the Freight Transport Association (FTA), said in response: “The FTA has long argued that escalating fuel duty robs smaller businesses of much-needed cash to invest in efficiency measures.”The FTA argued that rising world oil prices already influenced road user behaviour and said that the logistics sector had already been focusing on carbon dioxide reduction and improvements to operational efficiency.
Eurocopter unveiled a new-look hybrid helicopter on Monday in a bid to counter U.S. rival Sikorsky’s efforts to break the speed barrier by rewriting the rules of rotorcraft design. The X3 protoype — which combines forward-facing propeller engines astride two short aircraft wings with overhead rotor blades — was unveiled at the European company’s factory in southern France following months of secrecy about the project. The half-plane, half-helicopter design aims to overcome chronic obstacles to high-speed helicopter flight by combining the advantages of fixed-wing aircraft with those of a standard helicopter, allowing it to fly at 220 knots or 400 km/hour. The move by the world’s largest civil helicopter maker comes less than two weeks after United Technologies unit Sikorsky claimed an unofficial speed record of 250 knots (460 km/hour) with its own next-generation prototype called X2. Today, helicopters typically cruise around 140 knots. Eurocopter, part of European aerospace group EADS, said its X3, sporting black-and-white striped propellers, had flown for the first time on Sept. 6 at a French government testing site. Sikorsky’s X2 made its maiden flight in 2008. The technology clash reflects fierce competition between helicopter makers to deliver more speed without sacrificing stability or efficiency. Under current designs, rotor tips approach supersonic speeds when pushed to fly too fast and this can threaten the stability of the base of the rotor, executives said. Helicopter makers have devoted years of research to solving the problem, but typically the faster a helicopter flies, the less efficient it is when hovering and vice-versa. Eurocopter Chief Exceutive Lutz Bertling said the X3 would be more cost-efficient than its competitors, which also include the existing Bell Boeing tilt-rotor aircraft. “All big helicopter manufacturers are looking for more distance and more speed,” Bertling told reporters. “It only makes sense to increase speed if in the end what you gain is not over-compensated by increased cost.” If successful, the new machine will be marketed for long-distance search and rescue, inter-city shuttle services or military uses including special forces operations. Reuters reported Eurocopter’s plans to unveil the X3, ending months of industry speculation. The Sikorsky model features two main rotors atop the cabin, which spin in opposite directions. That both neutralises the spinning force applied to a traditional single-main-rotor helicopter and provides a speed boost. One thing the European and U.S. machines have in common is that their unusual design eliminates the need for the sideways tail rotor used to stabilise traditional helicopters. By Dialogo September 28, 2010
A well-known Croatian hotelier, 85-year-old Anđelko Leko, died on Thursday in Zagreb, reports Vecernji list.The longtime director of the HUP hotel, whose portfolio also includes the Westin and Sheraton hotels in Zagreb, recently sold his majority stake to the Adris group and announced his retirement from the business he had been in since 1959 as a young waiter at the Ilica Brewery.
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A mismatched look in on trend, as are muted statement pieces like big couches.DOES your home need a makeover? An interior stylist is no longer just the preserve of the stars with accessible and budget-friendly options now a reality.Furniture and homewares retailer Matt Blatt is among those with home styling services that cost as little as $500.For that amount, which is deductible on purchases over $5000, his customers receive an in-store consultation with a stylist, followed by a home visit to develop a personalised mood board, layout and help to choose appropriate piece.“The concept of hiring an interior stylist used to be something associated with socialites and the rich and famous but that’s no longer the case,” said Matt Blatt’s Brisbane home styling specialist Kellie Walsh. “More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoMs Walsh shared a few tips to liven up your home: 1. Embrace colour: Treat a statement furniture piece like you would a feature wall. In 2018, we’re loving deep jewel-tones, soft greens, sky blues and the new neutral — muted pink. Try adding tans and terracotta for a dash of drama. 2. Forget matching: When mixing patterns, to get that ‘thrown together’ look, repeat the same two or three key colours through various patterns. 3. Keep the table, change up the chairs: Mismatched chairs are still bang on trend, and are a fresh and funky way to update your entertaining zone without having to change the dining table. 4. Art and accessories are often the answer: A fresh print on your wall can alter the appearance, and the appeal, of any room, and is a simple summer update that anyone can achieve. Another easy update is restyling your credenza, coffee table or bookshelf with fun photo frames, bookends, temple jars, quirky faux animals and more.Matt Blatt has two showrooms in Queensland, one in Fortitude Valley and the other on the Gold Coast.
Buyers are being urged to go with a good builder and ask lots of questions to avoid unexpected costs. Unexpected costs are one of the biggest barriers to building, a survey by Porter Davis and realestate.com.au has found.FIRST home builders are being urged to do their research and ask plenty of questions to avoid any nasty surprises.It comes after a national realestate.com.au survey revealed unexpected costs were one of the biggest barriers to building.More than 60 per cent of people said unexpected costs or going over budget was the biggest barrier to building followed by stress throughout the process, time to complete and move in, and funding.More than 500 people who had bought or were planning to buy property took part in the survey. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDifferences between building in new or established estates01:50 Survey results. Source: New Homes Buyer Journey Research conducted by Hall & Partners and realestate.com.au.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoPorter Davis sales and marketing general manager Shaun Patterson said people were often so excited about building their home they forgot to ask important questions.He encouraged people to find a good builder who communicated well and explained all the features included in the build cost and ask lots of questions.“It’s your right to ask the question, it’s going to be your house,” he said.“Make sure that you get the details and find someone you can trust.”He said in certain areas of South East Queensland, site costs could add up to $35,000 more onto your build due to issues such as rock removal and engineering. Other times, he said some people expected certain features to be included in the cost, which wasn’t always the case.“Some builders might not have them included, you might just assume that when you buy a house, there’s going to be light fittings,” he said. While it was difficult, he encouraged buyers to stick to their budget as best they could, even if that meant sacrificing certain items to invest more in the important ones.“When you’re building your house, you really want to make sure that you are sticking to your budget,” he said.“Some people find that fixtures and fittings are really important and others might say, ‘we want better entertainment’.”Porter Davis has introduced fixed site costs for new builds to eliminate some uncertainties. Survey results. Source: New Homes Buyer Journey Research conducted by Hall & Partners and realestate.com.au.
The EcoShape foundation which carries out the public-private Building with Nature innovation program recently released a study on the Mud Motor Koehoal salt marsh development.The Koehoal Salt Marsh Development with a Mud Motor looks at the potential for furthering the development of salt marshes in the Wadden Sea by making optimal use of the sediment transportation capacity of ambient flows.Approximately 1.3 million m³ of mainly fine sediment is dredged annually from the harbor basins in the Port of Harlingen to maintain navigability. The dredged sediment is deposited in a designated area in the Wadden Sea near the harbor. A lot of the dredged sediment flows back into the port relatively quickly.ApproachThe Building with Nature study Ports of the Wadden Sea suggested an innovative approach to sediment management: deposit the dredged sediment further north of Harlingen and let natural processes spread the sediment to nearby salt marshes.An underlying hypothesis in the Mud Motor concept is that, when the mud dredged from, for example, a nearby channel or port is picked up by a tidal current, that current will achieve its maximum transport capacity. Higher mud concentrations in the currents that feed a salt marsh will probably accelerate marsh-development processes, while maintaining the desired gradients that are associated with natural salt-marsh development.ObjectiveThe Mud Motor is expected to generate three beneficial effects:less recirculation towards the harbor, and therefore less maintenance dredging;promotion of the growth and stability of salt marshes, improving the Wadden Sea ecosystem;stabilization of the foreshore of the dikes, and therefore less maintenance work on the dike.ApproachThe approach of increasing the sediment supply to further the development of salt marshes is an alternative to the traditional approach of slowing down tidal flows with semi-permeable barriers to stimulate sedimentation.Over a period of two winters (2016 and 2017), part of the sediment dredged from the Port of Harlingen (470,000 m³ in total) was deposited upstream from the Koehoal salt marsh. It is expected that this mud will be transported by the tidal currents to the study site. Preliminary calculations indicate that 10% of the mud will remain in the study area, raising the level of the marsh by 1-2 cm more by comparison with the reference growth rate which is 1-2 cm.ResearchThe formulae for combined wave-current shear stress and mud re-suspension will be analysed in order to identify and predict the fate of the deposited mud in the context of the biological effects involved in initial salt-marsh development. The transport of fines in various tidal conditions and horizontal salinity gradients at transects near the Mud Motor will therefore also be investigated.The natural boundary conditions for salt-marsh vegetation and macrozoobenthos relating to sedimentation events are being investigated to support the design of a Mud Motor. Both the intertidal area (where the sediment will be temporarily stored) and the salt marsh receive the right amount of sediment to optimize functioning. This will make it possible to quantify the total benefit of a Mud Motor for ecosystem services.Alongside this pilot project the STW research project ‘Sediment for salt marshes: physical and ecological aspects of a Mud Motor’ will further investigate processes relating to the use of a Mud Motor. The aim is to develop the fundamental knowledge needed to understand and quantify the physical and ecological aspects of large-scale mud nourishment operations of this kind for further upscaling and exporting.ResultsDredged fine sediments are currently considered unsuitable for re-use. However, sediments, including fine sediments, are a valuable resource, and even more so given sea level rise and sediment starvation due to activities such as reservoir construction and other river engineering works. Authorities worldwide are therefore on the alert for initiatives involving the beneficial use of dredged material.The Mud Motor is an innovative method for beneficial use of dredged sediment in which salt-marsh development is furthered by natural processes, making it a genuine Building with Nature approach. The potential economic and ecological benefits are that the introduction of a Mud Motor will reduce the necessity for dredging, while at the same time creating and extending salt marshes that are valuable from the point of view of both ecology and coastal protection.[mappress mapid=”24977″]