HUMBERSIDE

New Data Shows Q1 UK Mortgage Arrears Growth Slows to Lowest Since Mini-Budget

Retrieved on: 
Monday, April 29, 2024
Technology, Personal Finance, Finance, Fintech, Banking, Professional Services, Data Analytics, Asset Management, Data Management, Growth, Pressure, DDR, News, Ageing, Bank

The percentage of mortgages in arrears across Pepper Advantage’s UK portfolio grew by 3.9% in Q1 2024 compared to Q4 2023.

Key Points: 
  • The percentage of mortgages in arrears across Pepper Advantage’s UK portfolio grew by 3.9% in Q1 2024 compared to Q4 2023.
  • This figure compares to a quarterly growth rate of 5.7% in Q4 2023 and 7.0% in Q3 2023.
  • While the rate of arrears growth has slowed, the absolute rate of arrears remains at the highest level since 2008.
  • However, every age group saw lower growth in the arrears rate in Q1.

Q4 UK Mortgage Arrears Climb Higher

Retrieved on: 
Wednesday, January 31, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Urban Planning, Fintech, Residential Building & Real Estate, ONS, Direct debit, Growth, DDR, Pressure, Ageing

Google Trends data shows that searches for “Can’t afford mortgage” increased 200% in 2023 compared to 2021, with a notable uptick in December 2023.

Key Points: 
  • Google Trends data shows that searches for “Can’t afford mortgage” increased 200% in 2023 compared to 2021, with a notable uptick in December 2023.
  • Breaking down the arrears rate by product type, region and age reveals groups that are under particular stress:
    Residential mortgage arrears grew 5.6% compared to Q3 and 29.0% year-on-year.
  • Regionally, the North East, Yorkshire and Humberside, the North West, and the West Midlands had the highest absolute rate of arrears in the UK.
  • Every age group experienced growth in the arrears rate that ranged from 0.3 to 0.8 percentage points quarter-on-quarter.

UK Mortgage Arrears Rate Hits New High

Retrieved on: 
Tuesday, October 31, 2023
Banking, Fintech, Professional Services, Finance, Pressure, Growth, Direct debit, Ageing, DDR, Bank, Greater London, Real estate

The fact that the DDR rate is still increasing – albeit less acutely – indicates that the growth in arrears has not yet peaked.

Key Points: 
  • The fact that the DDR rate is still increasing – albeit less acutely – indicates that the growth in arrears has not yet peaked.
  • Breaking down the arrears rate by product type, region and age shows that some groups are under particular stress.
  • The rate of fixed rate mortgages in arrears grew 15.5% quarter-on-quarter and 53.7% year-on-year, but it is important to note these are off a low base and the absolute percentage of fixed rate arrears remains small.
  • The rate of variable mortgages in arrears, however, grew 5.6% quarter-on-quarter and 29.1% year-on-year off a much higher base.

A DOG'S BEST FRIEND IS ROCK N ROLL - ACCORDING TO REBECCA DOWNES MUSIC STUDY

Retrieved on: 
Monday, March 13, 2023
Mental health, Student, Music, Human, Cat, Dog, Research, Animal, Pet, Nightclub

The findings from a national survey of 2,000 adults commissioned by Rebecca Downes Music found that 50% of pet owners say their beloved four-legged friends get excited by music.

Key Points: 
  • The findings from a national survey of 2,000 adults commissioned by Rebecca Downes Music found that 50% of pet owners say their beloved four-legged friends get excited by music.
  • The national research is the result of a project hatched between UK singer-songwriter Rebecca Downes, her record label.
  • Rebecca is also a music coach and educator - and through lockdown she became acutely aware from her students of the wellbeing link between mental health and pets.
  • Rock venues and festivals in Scotland, Wales and Humberside may want to start thinking about making their venues pet-friendly – because that's where the nation's 'rock dogs' live.

Balfour Beatty Announces the Promotion of Nicola Spence to Vice President, Strategic Procurement

Retrieved on: 
Monday, January 31, 2022
Architecture, Commercial Building & Real Estate, Construction & Property, Building Systems, REIT, Other Construction & Property, Interior Design, Residential Building & Real Estate, Engineering News-Record, Engineering, Business studies, University, Balfour Beatty, Technology, Clark v University of Lincolnshire and Humberside, Private sector, Lincolnshire, Innovation, Achievement, List of professional associations in the United Kingdom, LSE, United Kingdom, Management, Investment

Balfour Beattys U.S operations announces the promotion of Nicola Spence to vice president of Strategic Procurement.

Key Points: 
  • Balfour Beattys U.S operations announces the promotion of Nicola Spence to vice president of Strategic Procurement.
  • A Balfour Beatty team member for more than 10 years, Nicola has served in procurement roles for the business U.S. and U.K. operations and is a graduate of the companys Executive Leadership Development program.
  • Balfour Beatty is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the United States.
  • Balfour Beatty is ranked among the top domestic building contractors in the United States by Engineering News-Record.

NicheRMS365™ Selected as the Police Records Management Platform for Humberside Police

Retrieved on: 
Tuesday, July 27, 2021
Counties of England, Humberside, Humberside Police, Business process management

HUMBERSIDE, United Kingdom, July 27, 2021 /PRNewswire/ -- Humberside Police has chosen NicheRMS365 as the force embarks on an organizational-wide business migration program to deploy the entire breadth of the NicheRMS365 policing platform.

Key Points: 
  • HUMBERSIDE, United Kingdom, July 27, 2021 /PRNewswire/ -- Humberside Police has chosen NicheRMS365 as the force embarks on an organizational-wide business migration program to deploy the entire breadth of the NicheRMS365 policing platform.
  • Humberside Police will be able to have a seamless experience simultaneously using the functionality of both the Microsoft 365 product set and the NicheRMS365 platform.
  • With NicheRMS365, Humberside Police can streamline daily business processes, and experience thebenefits of single data entry, with force-wide data sharing to avoid duplication.
  • Technical/Functional Stability: NicheRMS365 offers a highly robust and secure operational platform that supports all Humberside Police's records management needs: Crime Intelligence, Recording, and Investigation, Custody Management, Property and Forensics Management, Case Management, and Safeguarding and Vulnerability Management.

NicheRMS365™ Selected as the Police Records Management Platform for Humberside Police

Retrieved on: 
Tuesday, July 27, 2021
Counties of England, Humberside, Humberside Police, Business process management

HUMBERSIDE, United Kingdom, July 27, 2021 /PRNewswire/ -- Humberside Police has chosen NicheRMS365 as the force embarks on an organizational-wide business migration program to deploy the entire breadth of the NicheRMS365 policing platform.

Key Points: 
  • HUMBERSIDE, United Kingdom, July 27, 2021 /PRNewswire/ -- Humberside Police has chosen NicheRMS365 as the force embarks on an organizational-wide business migration program to deploy the entire breadth of the NicheRMS365 policing platform.
  • Humberside Police will be able to have a seamless experience simultaneously using the functionality of both the Microsoft 365 product set and the NicheRMS365 platform.
  • With NicheRMS365, Humberside Police can streamline daily business processes, and experience thebenefits of single data entry, with force-wide data sharing to avoid duplication.
  • Technical/Functional Stability: NicheRMS365 offers a highly robust and secure operational platform that supports all Humberside Police's records management needs: Crime Intelligence, Recording, and Investigation, Custody Management, Property and Forensics Management, Case Management, and Safeguarding and Vulnerability Management.

Sobriety tag program launched in England

Retrieved on: 
Thursday, April 1, 2021
Criminal law, Alcohol abuse, Drug rehabilitation, Sobriety, Probation

This sobriety requirement is called the Alcohol Abstinence and Monitoring Requirement (AAMR) and the Ministry of Justice is now rolling out the innovative new sentencing power to England effective this week .

Key Points: 
  • This sobriety requirement is called the Alcohol Abstinence and Monitoring Requirement (AAMR) and the Ministry of Justice is now rolling out the innovative new sentencing power to England effective this week .
  • Compliance with the new sentencing requirement is monitored with the use of SCRAM Continuous Alcohol Monitoring bracelets (SCRAM CAM), known abroad as "sobriety tags."
  • Probation officer Laura Harrison has been working on the Welsh rollout and appeared on a recent episode of BBC's Crimewatch to discuss the program.
  • Harrison quoted the client as saying that he attributed the sobriety tag to "saving his life."