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Stamp duty deadline must be extended or risk economy, says leading estate agency

first_imgOne of the UK’s leading estate agencies has swung behind the campaign to persuade HM Treasury to extend the looming stamp duty holiday deadline.As MPs prepare to debate the subject on 1st February in parliament, Carter Jonas says the housing market’s multiplier effect on the economy, and the need for conveyancers to be given time catch up with the sales backlog created by the policy, are persuasive arguments for an extension of the stamp duty deadline.Its comments are made within the company’s January market report.“Following months of the global COVID-19 pandemic and its associated restrictions and lockdown measures, the UK economy has yet to return to pre-pandemic output levels,” says Lisa Simon, Head of Residential, Carter Jonas (pictured)“The housing market, however, is not just past pre-pandemic figures, in many cases it is reaching 5-10-year record rates.Multiplier effect“A strong and growing housing market contributes to the wider economy and reflects consumer confidence, and this then leads to greater spending patterns and ultimately job creation.“On a micro-economic level, buying and selling homes contributes to growth, as it stimulates additional expenditure in the local economy.”Carter Jonas says a healthy housing market keeps a raft of different industries and trades going including estate agents, conveyancers, surveyors, mortgage brokers, banks and lenders, builders, architects, painters and decorators, interior designers, plumbers and electricians.Paperwork pressureAn extension would also help alleviate the backlog of paperwork that is a result of current rates of house sales, mortgage approvals and transaction levels running at a 10-year high, Carter Jonas claims.Rupert Reeves, its Head of Residential Sales for Newbury, says, “Due to Covid-19, reduced teams, and home-schooling pressures, many solicitors and surveyors are struggling to meet work deadlines, and it now takes longer to buy or sell a house than ever before.“Understandably, there is a frustration felt by buyers and sellers, so giving everyone in the process some leeway will help get more deals over the line.” January 27, 2021Nigel LewisOne commentJohn Socha, Orchard BMS Ltd Orchard BMS Ltd 27th January 2021 at 9:36 amSadly, this will all be seen as sour grapes.I am attempting to buy a studio flat from a client and I am now at the end of month 5.Single property being bought with cash resources. No chain, mortgage or stamp duty.My record for acquiring a property in Northampton is 4 working days, our local council takes 24 hours to undertake their searches.So as a customer, the industry only has itself to blame. Though I do understand the dilemma. Hire more staff, train them and then let them go.Not an easy choice, but as a long suffering customer I can see that prioritizing easy wins does not appear to be part of the business model.I will be surprised if the Chancellor extends the Stamp Duty Holiday, but stranger things happened.Log in to ReplyWhat’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 2021 Home » News » Stamp duty deadline must be extended or risk economy, says leading estate agency previous nextRegulation & LawStamp duty deadline must be extended or risk economy, says leading estate agencyCarter Jonas joins growing chorus to extend stamp duty holiday March deadline ahead of parliamentary debate.Nigel Lewis27th January 20211 Comment9,577 Viewslast_img read more

Vermont Department of Education amends list of “Lowest Achieving” schools

first_imgOn March 10, 2010, the Vermont Department of Education released the list of Vermont s ten persistently low-achieving schools as required by the US Department of Education (USED). Due to a calculation error at the Vermont department, that list was incorrect. Two schools that were classified have been removed, and two schools that were not on the March 10 list have now been added.A federal regulation from USED requires states to rank all schools identified for not making Adequate Yearly Progress (AYP) who received Title I funds in 2008 and all secondary schools eligible for but not receiving Title I funds in 2008. Once ranked, the lowest-achieving five schools in each category are eligible to receive federal funding as part of the Statewide Fiscal Stabilization Fund allocations under the American Recovery and Reinvestment Act (ARRA).The two schools removed from this classification were Otter Valley Union High School and Bridport Elementary School. The two schools now eligible for increased federal aid are St. Johnsbury School and Lamoille Union High School.Commissioner Armando Vilaseca released the following statement: I sincerely apologize for this mistake. In making these complicated calculations to identify these schools, one element of a calculation was not included and therefore we mistakenly identified two schools. This was human error, nothing more. This error has caused both individuals and communities much concern and angst, and I take full responsibility for that. My department staff is incredibly hard working, dedicated to getting things right, and strained to meet the enormity of federal requirements like this one that are being placed on our already reduced team. The important thing is that we do everything we can to get this federal aid to the schools that need it the most. This is an incredible opportunity to support these schools in making big changes to help all their students succeed.The USED has allocated $8 million in additional school improvement funding for Vermont. Vermont s Department of Education identified these high-need schools using the 2008 New England Common Assessment Program (NECAP) scores for all students, and scores for those schools over the period that NECAP tests have been administered. An additional criterion for high schools was to identify any high school with graduation rates below 60 percent for two years or more. Vermont has no high schools (as of January 2010) in this category.The funds do come with conditions. For Vermont s 10 highest-need schools to receive funds, they must be willing to embrace one of four strictly defined models for school improvement as laid out by the USED. The four models include closing the school, closing the school and reopening the school under a Charter or Education Management entity, replacing the principal and 50 percent of the teachers, or implementing a comprehensive transformation model which would also necessitate replacing the principal (if they have been there longer than two years) while implementing systemic reform efforts in the coming years. Explanation of Process Used to Identify Tier I, II & III Schools in VermontIn response to receiving $77 million in education stimulus aid for schools as part of the American Recovery and Reinvestment Act (ARRA), Vermont was required to rank all Title I schools that have been identified by our school accountability system of Adequate Yearly Progress (AYP), and all schools that include the 9-12 grade span that are eligible but not receiving Title I funds on four indicators:1. Proficiency of all students on 2008 NECAP (state assessment) in mathematics2. Proficiency of all students on 2008 NECAP in reading3. Progress of all students on NECAP reading over at least two years4. Progress of all students on NECAP mathematics over at least two yearsThe department was required to calculate the sum of the four rankings for each school, and based on this combined ranking score was required to identify schools as falling into one of the following categories:1. Tier I – the five highest need (lowest achieving based on the combined ranking score) Title I schools who are identified by Vermont s school accountability system (AYP)2. Tier II the five highest need (lowest achieving based on the combined ranking score) secondary schools (defined as schools inclusive of 9-12 span) who are eligible for but not receiving Title I3. Tier III schools in need of improvement (the rest of the Title I receiving schools identified by the AYP system)All 68 schools identified as Tier I, II or III are eligible for additional school improvement funds and support from the department as part of the FY 2010/11 State School Improvement Grant Application once it is approved later this spring. First priority for funding and support will be given to participating Tier I & II schools.The complete list of ranked schools follows.Source: Vermont Department of Education. 3.16.2010last_img read more

Strategic Planning: Tidbits for success

first_imgHigh-performing organizations use a few basic practices to help them move goals and objectives from their planning event into reality.by: Deedee Myers, Ph.D.Creating and delivering on a viable strategic plan is hard work. It requires blending abstract objectives with effective action, plus an engaged and committed workforce. High-performing organizations use a few basic practices that support their ongoing success in moving goals and objectives from their planning event into reality. Here are a few to consider:Involve the DoersRather than using solely a top-down approach in deciding what objectives should be presented at the strategic planning event, include all employees in the organization. Create a process whereby each level and function in the organization helps identify the opportunities and challenges.Many credit unions include senior-level management throughout the entire strategic planning process and mid-management in the pre-event work. I see superb strategic planning outcomes when there is also a viable process for tapping the levels that report to mid-management—including the employees who meet and support the members EVERY day. Front-line staff hear what is important, and this is valuable information.Commit to Ongoing Strategic PlanningThis weekend I had an opportunity to be part of the process as a board interviewed CEO candidates. One of the questions the board asked was, “How often should we do strategic planning?” These high-performing professionals concluded that a strategic-planning mindset is a daily practice. Here are some ideas: continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

The CUInsight Experience podcast: Bob Trunzo – Pushing and driving change (#32)

first_imgWelcome to episode 32 of The CUInsight Experience podcast. Hosted by Randy Smith, co-founder and publisher of CUInsight.com. On this episode, Randy is chatting with Bob Trunzo the president and CEO of CUNA Mutual Group. Learn about the pace of change in financial services, agile technology, and why risks are important to take.Bob and Randy start the conversation off discussing how credit unions need to adapt to stay relevant. Bob shares his thoughts on digital innovation and why keeping up with the technology is imperative for credit union survival. Technology saves the credit union and the members time and money which is what will keep both happy.Bob also chats about the role of CUNA Mutual Group in setting an example for changes in thoughts and actions around inclusion and diversity. Credit unions need to look, feel, and act like their members to keep those members. It doesn’t matter where you come from, it only matters that you have a heart for service and a drive for excellence.Learn more about Bob in the life and leadership hacks and rapid-fire questions as well. He shares his yearly notecard ritual, his Peloton obsession, and the book that he’s read over and over again. You won’t want to miss this conversation. It’s fast-paced and enlightening.Subscribe on: Apple Podcasts, Spotify, Google Podcasts, Stitcher How to find Bob:Robert TrunzoPresident and CEO, CUNA Mutual Groupwww.cunamutual.com [email protected] LinkedIn Show notes from this episode:Company mentioned: CUNA Mutual GroupCheck out the recent posts in the Community from CUNA Mutual Group here.Shout-out: Chuck and our friends at PSCU who had Bob out as a keynote at PSCU Member Forum this year.Article mentioned: Digital disruption is rocking the insurance worldThe online CUNA Mutual Group Discovery Conference is celebrating 10 years. Check it out August 15th. Register here, it’s free.Book mentioned: Finding My Virginity by Richard BransonOne of the ways CUNA Mutual Group is discovering the technology of the future: CMFG VenturesRecent press: CMFG Ventures and Filene Research Institute partner to launch new FinTech Catalyst Incubator Want to learn more on how humans and machines will transform the credit union industry? Check this out.Campaign mentioned: TruStage Insurance ProgramCUNA Mutual Group internship program mentioned.Bob may have sold me on getting one: PelotonAlbums mentioned: That’s the Way of the World by Earth, Wind & FireBook mentioned: To Kill a Mockingbird by Harper LeeShout out: Lee Iacocca & Steve JobsPrevious guests mentioned in this episode: Chuck Fagan, Jill Nowacki (Ep. 4 & Ep. 18)You can find all past episodes of The CUInsight Experience here. In This Episode:[00:30] – Welcome back to the show and learn about this episode’s guest, Bob Trunzo.[02:14] – First up Bob chats about how he has helped CUNA Mutual Group move into the digital age.[04:15] – Bob shares his thoughts on the biggest challenges facing credit unions today.[06:39] – Bob describes CUNA Mutual Group today and it’s not your mom and dad’s company.[09:41] – How does CUNA Mutual Group stay agile?[11:20] – What causes Bob to pull the plug on opportunities when they don’t pan out?[13:14] – Bob comments on diversity and inclusion and why it is an important focus for CUNA Mutual Group.[17:06] – How do they keep the culture positive at CUNA Mutual Group with all the transitions and changes?[18:18] – Any credit union behaviors or beliefs that need to change to stay relevant?[19:47] – What keeps Bob excited about where the industry is going?[20:42] – Bob shares his inspiration for taking the job as president and CEO of CUNA Mutual Group and how it has changed over the years.[23:16] – Does Bob feel he’s changed as a leader?[25:53] – What does say so often that his team can finish his sentence?[26:37] – Bob thinks a mistake young leaders make is not making a decision.[27:38] – Why Bob’s Miller Park Stadium project was such a memorable failure in his career.[29:21] – How does Bob push through when he runs into a wall on a project?[30:30] – Bob shares what he does to recharge.[31:55] – Enter the start of the rapid-fire questions: flirting and coffee are the first topics of discussion.[32:36] – Bob’s favorite album and the book everyone should read.[33:37] – What has become more and less important to Bob over the years?[35:08] – Hear who Bob thinks of when he hears the word success.[35:56] – Bob shares his final thoughts. 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Randall Smith Randall Smith is the co-founder of CUInsight.com, the host of The CUInsight Experience podcast, and a bit of a wanderlust.As one of the co-founders of CUInsight.com he … Web: www.CUInsight.com Detailslast_img read more

Town of Maine farmstead once part of the Underground Railroad

first_imgTOWN OF MAINE (WBNG) — Friday was Juneteenth across the United States, but the Southern Tier’s history with equality dates back to long ago. Built in 1851, the Cyrus Gates Farmstead in the Town of Maine has long been rumored as a stop on the Underground Railroad. Beukema said when he moved in, he found a hidden compartment in a closet that led to a secret room twenty feet long. Because the house was built before Prohibition, and there was no running water or electricity at the time, he hasn’t been able to find a viable reason for the room other than to potentially hide runaways. Historian Stephen Beukema owned and lived on the farmstead from 1994 to 2017. He said with all of the research he has done, along with oral histories of the land, there’s little doubt these stories are true.center_img Beukema said the Southern Tier was perfectly situated along the route from the South to Canada, and Harriet Tubman herself traveled through the area on several occasions. “You look at little things and you piece them together,” said Beukema, a former Whitney Point history teacher and current Village of Owego historian. “Is there an ‘oh, yeah’ moment where you can say absolutely? No, but there’s a lot of pieces that make it credible.”last_img read more

Nomura wizards put faith in FM

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Syracuse freshman Tucker Dordevic thrown ‘to the wolves’ as first-line midfielder

first_img Published on February 21, 2018 at 11:31 pm Contact Charlie: [email protected] | @charliedisturco Facebook Twitter Google+ Before his first game in a Syracuse uniform, Tucker Dordevic sat down at his locker. In the scrimmages prior, he cemented himself as a starter on the first midfield line. Now, there he was, less than an hour before he made his first career start.Dordevic thought about everything he had done pre-lacrosse, he said. About himself as a kid back home in Portland, Oregon, nearly 2,800 miles away from the Carrier Dome. How that has impacted him on his journey to play for a No. 16 Syracuse (1-1) team he once considered a “dream.” And how that journey involved Syracuse lacrosse legend Ryan Powell. Then, he walked out of the locker room and onto the turf field.As the opening whistle blew, Dordevic instantly found himself in a position to contribute. He was the lone freshman starting in Syracuse’s season opener against Binghamton, on an Orange offense that lost over half its points production after the graduation of Nick Mariano, Sergio Salcido and Jordan Evans.“We’re throwing him into the wolves and seeing what he can do,” Desko said after one of Syracuse’s scrimmages on Jan. 28.Fewer than six minutes into the season opener and with the Orange up 2-0, Dordevic had his first shot at making an impact.AdvertisementThis is placeholder textA wide shot landed out of bounds as Stephen Rehfuss quickly rushed toward the ball to restart possession. Once play restarted, Rehfuss ran along the five-yard line and flicked the ball to an open Brad Voigt.Dordevic noticed he lost his defender mid-play, and he curled around near the 25-yard line. Voigt turned and passed to Dordevic while a pick from Nate Solomon blocked Binghamton’s long-stick midfielder Timothy Mattiace from regaining his position.Dordevic found himself all alone. He slung a sidearm shot past the outstretched Mattiace and into the top left corner of the net.“He doesn’t need as much work as I did,” Jamie Trimboli, also a midfield starter, said. “… He’s got the fastest feet I’ve seen in a while. He’s definitely a big threat.”In his first college game, Dordevic contributed a goal and an assist for Syracuse in its 21-4 rout over Binghamton. And while a 15-3 beat down by Albany the following week resulted in a pointless performance, Dordevic has already made strides as a freshman. He’s drawn comparisons to the now-sophomore Trimboli, who broke onto the starting line as a freshman.“I compare him to Jamie Trimboli a year ago,” Desko said. “Very athletic, can dodge down either alley left handed or right handed … and is a physically stronger player coming in. (He’s) ahead of his time of most freshmen coming in physically.”Gillian Farrugia | Contributing PhotographerDordevic didn’t expect to be a first-line midfielder. Back home before the season started, he wrote down that his goal was to try and make the first or even second line as a freshman. But he didn’t expect either of those goals to happen.By the end of the fall, however, the coaches began asking the players which teammates they felt comfortable playing with. A lot of them, upperclassmen included, mentioned Dordevic often.“His name kept popping up,” Desko said. “… So he made his mark fairly early.”To ready himself for college, Dordevic came to Syracuse in the summer to take classes and get in extra reps. Every day, Desko said, he’d see him playing wall ball or practice shooting. There, he could practice using his off-hand and work on stick skills, dodging and other facets of his game that needed polishing to compete with lacrosse’s best.But that progression to being one of Syracuse’s most physically ready freshmen and a quick contributor started back in Oregon, playing on Rhinos Lacrosse, a club team coached by Powell.Dordevic joined the team around third or fourth grade, Powell estimated, and he knew Dordevic would be really good at such an early age. He was much smaller than most players, but Dordevic’s athleticism and “lax rat” attitude made him stick out.“I wasn’t there to be their friend,” Powell said. “I was there to be their coach and to get the most out of them that I potentially could.”As a coach, Powell likes to instill stick work in his players from an early age. Powell often used the lessons he learned at Carthage (New York) High School, the place he developed his skills before becoming a four-time All-American and the No. 2 points leader all-time at Syracuse. That helped players like Dordevic develop into top recruits — Dordevic ranked No. 27 in this year’s freshman class.By his sophomore year, Dordevic had already committed to Delaware. He continued to play club lacrosse, but in between his sophomore and junior year, Dordevic “sprouted.” Powell watched from the sidelines at a tournament in Palm Springs, California, as Dordevic dominated the competition. After talking to some coaches, Powell came to a conclusion.“I was like, ‘Dude, this guy can play at the best Division I schools,’” Powell said. “I gotta get on the phone with Desko and make this happen.”Powell told Dordevic that, with his progress, he could play at Syracuse. With Powell’s close connection, Dordevic’s hard-working mentality and Powell being Dordevic’s coach for years, Syracuse was an attractive option, so Dordevic decided to fly out and tour the college.Powell accompanied Dordevic on that tour, watching as a kid from Oregon’s eyes “lit up” as he walked into the Carrier Dome for the first time. Watching the look on his face when he met former SU head coach Roy Simmons Jr., a five-time NCAA champion. Watching as Dordevic was “fulfilling a dream” coming to a historic program like Syracuse.“(Powell) coached me throughout my whole life,” Dordevic said. “… But this was the best thing he’s ever done for me.” Commentslast_img read more

Saints look to alumni to fill out coaching staff

first_imgThe Selkirk College Saints began their BCIHL regular season on Friday at Eastern Washington University and former Saints defenceman Adam Makaroff was back on the bus, but this time not as a player.Makaroff joined the Saints coaching staff in August and has had an immediate impact on the bench and in the dressing room.“I’m excited to be back with the Saints as a coach and help the team to another successful season,” Makaroff says. “I hope that my previous experiences can help these young men along the way. It’s going to be a lot of fun,”After spending four years in the Kootenay International Junior Hockey League (KIJHL) and winning a championship with the Nelson Leafs in 2009, Makaroff attended and played at Selkirk College for three seasons.While serving as an assistant captain, he accumulated 20 points and 101 penalty minutes over three seasons in the BCIHL.“Adam has valuable championship winning experience and is a perfect addition to our coaching staff,” says Saints head coach Alex Evin. “You can’t have enough winners around a sports program and obviously one of our main goals is to compete for another championship.”As a former blueline leader, Makaroff will work with the strong defensive core returning to the Saints.The two time defending BCIHL champion Saints dropped the first regular season game of the 2014-15 campaign with a 4-3 shootout loss to the upstart Eastern Washington University Eagles in Cheney, Washington.Stefan Virtanen, Stephan Gonzales and Jesse Knowler scored for the Saints while James Prigione made 23 saves on 26 shots.In their last exhibition weekend in late-September, the Saints hosted Grant MacEwan University Griffins out of the Alberta Colleges Athletic Conference (ACAC) in a pair of games at the Castlegar Complex.The Saints dropped the second game of the double header 2-0, but they were able to keep pace all weekend with the Griffins who are touted to be one of the strongest teams in the ACAC this year.The first match up provided one of the most entertaining games in recent memory as the fast paced, end-to-end action continued through three periods of play.Finding themselves down 4-2 midway through the third period, the Saints eventually found their way as they have done many times in the past. Gonzales started the rally at the 10:54 mark and Arie Postmus tied it up with just over four minutes left. The Saints took the momentum into overtime when Thomas Hardy scored his second of the night after charging in on partial breakaway to cap a 5-4 comeback win. Also scoring for the Saints was Alex Milligan.SAINTS NOTES:The Saints will commemorate their second straight BCIHL Championship with a banner raising ceremony at their home opener on October 17. Eastern Washington will be in town for a 7 p.m. puck drop.last_img read more