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Residential transactions fall 4.4% – HMRC

first_imgThe number of residential property transactions fell in July, the latest figures from HM Revenue and Customs (HMRC) has revealed, with 100,720 transactions recorded last month, up 0.2 per cent compared to the corresponding month in 2014.But HMRC’s seasonally adjusted estimate shows that the number of home transactions actually fell by 4.4 per cent between June and July. There were also 10.100 non-residential transactions, down from 10,460 from the previous month.The volume of non-adjusted residential transactions was 2.4 per cent higher than in June and 8 per cent higher than in July last year.The number of seasonally adjusted transactions has steady increased over the past seven years, according to the HMRC report, with the volume of seasonally adjusted transactions remaining broadly stable at around 100,000 per month.The latest figures reflect a “shift-change of late”, with property sales over the past couple of months “stepping up to the mark of last summer”, Peter Rollings (left), CEO of Marsh & Parsons noted.He said, “In July, sales may have slipped back slightly month-on-month, but we need to remember that the market was working overtime in June to regain lost ground lost before the election.”Doug Crawford (right), Chief Executive Officer of conveyancing firm myhomemove, agrees that the General Election has had a major impact on the housing market in recent months, and that the outcome of the poll had assured buyers and sellers that the housing market was likely to remain stable, “leading to a spike in the number of property transactions in June”.He continued, “The HMRC figures show that the number of transactions has barely changed over the last year and this begs the question about why a year’s steady improvement in the economy hasn’t led to an increase in home purchases, particularly when mortgage availability and rates have been so favourable.”“The main impediment has been a serious shortage in supply. There is a lot of appetite from buyers but not enough homes for sale to meet demand. This mismatch is stoking price rises. In some areas we have even seen instances of gazumping, as sellers look to make the most of competition between buyers by accepting higher offers,”Crawfordadded.residential property transactions residential transactions residential transactions fall August 27, 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 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 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 Home » News » Housing Market » Residential transactions fall 4.4% – HMRC previous nextHousing MarketResidential transactions fall 4.4% – HMRCThere were just over 100,000 residential property transactions last month, the latest figures reveal.The Negotiator27th August 20150529 Viewslast_img read more

Russia: Navy Contributes Much to Anti-Piracy Mission

first_img Russia: Navy Contributes Much to Anti-Piracy Mission View post tag: Mission Russian warships deployed in regions of pirate attacks near the Horn of Africa and the Gulf of Aden have significantly contributed to reducing number of captured merchant vessels, and proved effectiveness of measures taken by Russian defense ministry and Russian Navy command to secure commercial shipping.International Maritime Bureau (IMB) reports that in 2011 pirates managed to capture almost half as many vessels as in 2010 (28 and 49 respectively). Such reduction is a result of preventive actions of warships, more effective maneuvering, and presence of security guards on board which has been a sort of deterrent, explained Pottengal Mukudan, the head of IMB.In 2011, Russian warships maintaining security of commercial shipping in the Gulf of Aden and near the Horn of Africa have escorted over 30 convoys with 168 vessels of different classes flying flags of 27 countries. Sixty two ships had Russian sailors on board. Russian Navy’s anti-piracy units have provided security for 448 Russian citizens. Russian Navy dispatched following assets for anti-piracy activities in 2011:– Pacific Fleet (PF) task unit consisting of large ASW ship Admiral Vinogradov, tanker Pechenga, and rescue tug SB–522; – Russian Navy task unit consisting of large ASW ship Severomorsk (Northern Fleet), tanker Yelnya (Baltic Fleet), and seagoing tug MB-304 (Black Sea Fleet); – Pacific Fleet (PF) task unit consisting of large ASW ship Admiral Panteleyev, tanker Boris Butoma, and rescue tug Fotiy Krylov.At present, another PF anti-piracy task unit consisting of large ASW ship Admiral Tributs, tanker Pechenga, and seagoing tug MB-37 is on patrol in the Gulf of Aden.[mappress]Naval Today Staff , January 24, 2012 Back to overview,Home naval-today Russia: Navy Contributes Much to Anti-Piracy Mission View post tag: Russia View post tag: News by topic Share this article January 24, 2012center_img Training & Education View post tag: Contributes View post tag: Navy View post tag: much View post tag: Anti-Piracy View post tag: Navallast_img read more

SBC Bookies’ Corner – First Take on Russia 2018’s World Cup cast

first_img Related Articles StumbleUpon FSB selects Glenn Elliott as new COO August 12, 2020 Submit Share GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 Privet comrades, SBC’s Bookies Corner returns with industry stakeholders giving their first opinion on Russia 2018’s World Cup cast.Which teams have impressed bookmakers during the qualifying stages? Who are the current tournament favourites? Which failed teams will be missed most by bookmakers and will England roar or wimp out of another major football tournament? SBC gets the initial Russia 2018 lowdown…._______________________ SBC: With qualifiers concluded, will bookmakers be happy with the final 32-teams starring in Russia 2018? Furthermore, Which non-qualified team will bookmakers miss the most at World Cup 2018?Katie Baylis, (Betfair Media Relations Manager): Obviously a lack of home nations qualified for Russia 2018 is disappointing, however, it’s not necessarily unusual for that to be the case for a World Cup tournament and clearly there will still be huge punter interest in Russia 2018 regardless.Not having Italy or Holland on board also dilutes some of the top tier betting markets, and bookmakers will further miss the USA and Chile who are popular draws.let’s lets not forget that we still have Messi , Ronaldo , Neymar and maybe Phil Jones to keep us entertained!SBC: Of the final 32, which team has impressed bookmakers the most. Does qualifying performance matter, with regards to actual World Cup performance?   Michael Herry, (Kambi Head of Football): It will come as no surprise to hear that the teams at the top of the betting market impressed the most during qualifying with not much to choose between the leading quartet of Germany, Brazil, Spain and France. Out of those sides, I like the look of France, who topped a tough qualifying group featuring Sweden, Netherlands and Bulgaria. The losing 2016 European Championship finalists also have a very strong squad with the likes of Hugo Lloris, Paul Pogba, N’Golo Kante, Kylian Mbappe and Antoine Griezmann providing strength from front to back, with a strong bench to call upon.Next in the betting are Argentina, who were very disappointing in qualifying, needing a Messi hat-trick in the final qualifying match against Ecuador to secure their ticket to the finals. Despite finishing 13 points behind Brazil in the CONMEBOL group, Argentina are as short as 7/1 to lift the FIFA World Cup Trophy next year and make little appeal. Belgium also feature near the top of the book at around 12/1 and while their first 11 is perhaps as good as any, I believe they lack the strength in depth to deal sufficiently with any injuries to star players such as Kevin De Bruyne, Eden Hazard or Romelu Lukaku. Belgium were the joint-top scorers in European qualifying with 43 goals, but 32 of those came against Gibraltar, Cyprus and Estonia, and tougher tests await in Russia.In African qualifying, I was impressed by both Morocco and Nigeria, with the latter my dark horse for the tournament at fancy three-digit prices. Nigeria have a squad full of Premier League experience with Kelechi Iheanacho, Alex Iwobi, Victor Moses and Jon Obi Mikel likely to play important roles in Russia. They recently beat Argentina 4-2, and although this was only a mid-season friendly, Nigeria will be the team other countries will want to avoid when they are drawn from Pot 4 next month.All that said, it’s important to not put too much emphasis on qualifying form as a lot can happen before the first games on 14 June. Come kick-off, the majority of teams will not have played a competitive match for eight months, while we also have to consider the outcome of the draw and the potential for influential players to pick-up injuries that rule them out of the tournament. An injury to Neymar Jr. or De Bruyne, for instance, would impact their respective team’s chances of glory. As per usual, betting volumes for the World Cup will pick-up following the end of the domestic seasons in Europe, building up to what we expect will be the biggest turnover event of all time.SBC: With just under 8 months to go until Russia 2018, what type of unique factors and dynamics do trading teams weigh up, when pricing World Cup favourites?John Hill (PR Coral UK): Given the World Cup is in Russia next summer, it is no surprise that seven of the top nine in the betting for from Europe. The form of France, Germany and Brazil has been outstanding over the last couple of years therefore they look to be the three leading teams at the tournament. France went close to winning Euro 2016 and have a squad to admire, Germany always knock on the door at major tournaments and Brazil have been built well since they were embarrassed by Germany at the last World Cup.Although England qualified with ease, we are still happy to take them on as their record in major finals since 2010 has been very poor. We expect patriotic money to arrive next summer so it would be no surprise if they were our biggest liability once again.The draw for the tournament is obviously going to have an affect on the outright market. Looking at the seeds though, it is difficult to pinpoint what could be a group of death so the majority of the teams in the top two pots will be expected to qualify for the last 16.SBC: A glorious summer of youth football saw England win the under-20 World Cup and under-19 European Championships…Surely Gareth Southgate’s mighty lions will bring ’football home’ next summer?  Alex Apati (Ladbrokes PR): The patriotic punter will be delighted to know we’ve trimmed odds of England winning the World Cup to 20/1 in the last few weeks, while we’re currently the third most-backed team in the tournament for the trophy!And with so much hype around the Young Lions at the moment, six players aged 21 or under are priced at 3/1 or shorter for a place in Southgate’s 23 man squad for Russia.Solid performances against Germany and Brazil this month have certainly given fans reason to feel confident. As promising as those results were, England failed to score in both of those games. So one for the pessimists: England NOT to score in Russia is currently 25/1!We’re expecting England to go off at around about the 16/1 mark by the time the first ball is kicked and that’ll be because of the interest we’re likely to see from home supporters as we edge closer towards the end of the season and attention turns solely to the World Cup.______________________The Betting industry’s relationship with Football and its wider stakeholders will be discussed at the ‘Betting on Football 2018’ (#bofcon2018) conference. Click on the below banner for more information… Share Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown July 29, 2020last_img read more