How to move up from shared ownership to full home ownership: a guide to ‘staircasing’ September 23, 2019 Jade Turnstill, Share to Buy’s digital marketing manager, explains how shared ownership homeowners can increase the stake they own in their property over time What is staircasing?Staircasing is the process of increasing the amount of shares you own in your shared ownership property. In most instances you can staircase up to 100 per cent, becoming [...]
Is shared ownership right for me? Your questions answered September 23, 2019 Nick Lieb, head of operations at Share to Buy, explains who is eligible to buy a shared ownership home and what they should consider before they do Who is eligible for shared ownership?To be eligible for shared ownership, you must either be a first time buyer or you must not currently own a property. Purchasers [...]
Seven steps to buying a home with shared ownership September 23, 2019 As part of Shared Ownership Week 2019, Eloise Robins, head of shared ownership sales at property agent JLL, gives a guide to the buying process 1. Find your home First of all, check you are eligible for the shared ownership scheme by speaking to an independent financial advisor. After that, you can start to look [...]
Labour pledges to cut working week to 32 hours September 23, 2019 Shadow chancellor John McDonnell has pledged to cut back the working week to 32 hours, with no loss of pay, “within the next decade” under a Labour government. In what would be a radical transformation of the UK’s labour market, increasing the role of the state in the workplace, McDonnell set out how a Labour [...]
Thomas Cook goes bust: How did it end up like this? September 23, 2019 Britain’s 178-year-old travel firm Thomas Cook officially collapsed into administration in the early hours of this morning after last-ditch rescue talks with lenders failed. The UK’s aviation regulator, the Civil Aviation Authority (CAA), is now in the process of escorting back home hundreds of thousands British holidaymakers who are abroad after booking with Thomas Cook. [...]
Don’t Thomas Cook it: What customers should do after tour operator collapse September 23, 2019 Airline Thomas Cook gave way to its financial pressures this morning, impacting 600,000 passengers around the world. Experts say that many customers will be covered and the government has embarked on the UK’s biggest peacetime repatriation in history, but what should you do if you have a ticket with Thomas Cook? If you are abroad [...]
Insurance industry wrestles with diversity deficit September 23, 2019 It is fair to say the insurance industry has not had the best year reputation-wise. In March an explosive Bloomberg story lifted the lid on a culture of drinking and sexual harassment at Lloyd’s of London – the beating heart of the UK’s insurance industry. Tomorrow, Lloyd’s chief executive John Neal will unveil a report [...]
Rose through the ranks: RBS picks lifer for top role September 22, 2019 It was was the worst kept secret in the Square Mile: on Friday morning Alison Rose was finally appointed as the new chief executive of the Royal Bank of Scotland, but the only surprise was that the announcement did not come any sooner. RBS has insisted that it underwent a thorough job process which involved [...]
Sadiq Khan fires warning shot at Corbyn over Brexit ‘neutrality’ September 22, 2019 Sadiq Khan has waded into Labour’s war over Brexit, warning that neutrality is “not an option”. The London mayor said the party had arrived and a “vital crossroads”. Read more: Jeremy Corbyn dismisses speculation he is ready to stand down as ‘wishful thinking’ “At conference this week, we have the opportunity to come together to [...]
Thomas Cook makes plea to lenders in last-minute rescue talks September 22, 2019 Thomas Cook is teetering on the brink of collapse as it rushes to find a rescue deal in eleventh-hour talks with its lenders. The world’s oldest holiday company is holding make-or-break discussions with creditors today as it fights to avoid collapsing into administration. The firm has urged its lenders to slash the standby funding they [...]