‘There will not be a segment of short-term rentals that Airbnb does not wish to dominate’

first_imgHome » News » Housing Market » ‘There will not be a segment of short-term rentals that Airbnb does not wish to dominate’ previous nextHousing Market‘There will not be a segment of short-term rentals that Airbnb does not wish to dominate’Airbnb’s ambition within the property market is clear, says research companyNigel Lewis28th February 201701,783 Views The threat that Airbnb presents to agents is laid bare by recently comments by a senior figure within the company, as well as research carried out exclusively for The Negotiator within the London market.This shows that the dot com is not only beginning to eat up the general short lets market in London and remove many properties from the traditional private rented sector, but that many high-end property owners are also utilising it to increase their returns too.The research by Airdna reveals that there is a significant number of central London properties that are generating huge incomes for their owners, properties that can hardly be described as bedroom rents or sofa surfing.This includes a six-bedroom property in Mayfair that over the past 12 months has earned £97,600 for its host, a Swiss Cottage garden flat that has earned £69,800 and a Westminster duplex that has generated £67,100.Some property owners are also renting out entire apartment blocks. One property in Shoreditch, a nine-apartment block, has generated £212,670 for its owner via Airbnb over the past year, according to Airdna.“Entering the high end of the market lays out the statement that Airbnb has gone far beyond its air mattress roots,” says Airdna chief revenue officer Tom Caton (pictured, left).“The high end requires a different approach from the user generated content that powers [our] listings.“And our Luxury Rentals team of experts will help to scale Airbnb at the top end, right into the territory of other high-end traditional vacation rentals.“It is a clear statement of intent that there will not be a segment of short-term rentals that Airbnb does not wish to dominate.”Airdna says Airbnb lists 56,237 properties in the capital 24% of which were rented out for more than 90 days between February 2016 and January this year.But in a few months’ time Airbnb will begin stopping hosts from renting out their properties for more than three months, following protests from several London councils that such lets were unregulated.“The problem was that a website that was about people making a little money letting out rooms was being abused by professional landlords turning their properties into hotels by the back door,” said Tom Copley, Labour’s housing spokesman on the London assembly, recently told The Guardian.But some agents see Airbnb as an opportunity. As we reported recently, 18-branch agent Portico has set up a property management arm exclusively for Airbnb hosts. “It really does pay to get on board with Airbnb in the short-term,” said Portico MD Robert Nichols (pictured, left).London short lets airbnb February 28, 2017Nigel LewisWhat’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 2021last_img read more

Agents can’t charge for arranging to fix a loo, says tenant fees ban advice

first_imgHome » News » Agents can’t charge for arranging to fix a loo, says tenant fees ban advice previous nextRegulation & LawAgents can’t charge for arranging to fix a loo, says tenant fees ban adviceLegal counsel sought by ARLA over ‘contractual charges’ has highlighted how fees charged for arranging a plumber to fix a toilet, and services like it, cannot be added to bills.Nigel Lewis10th September 20191 Comment1,694 Views ARLA Propertymark has told its members that they should not charge fees to tenants for remedying problems such as blocked toilets that have been created by the tenants.‘Contractual damages’ as they are known are not included in the tenant fees ban guidance issued for England by the government.These fees are charged by letting agents when a landlord has instructed them to fix a problem caused by a tenant and are then are then passed on to the tenant by the landlord.ARLA has consulted with leading housing lawyer Erol Topal to seek counsel on the matter.In a 19-page document Topal examines whether commission charged by an agent via the landlord is a prohibited fee under the Tenant Fees Act.The lawyer has told ARLA that although charging this kind of fee breaks the spirit of the law, it doesn’t break the letter as long as agents insert a clause into their tenancy contracts enabling such charges.tenant fees banBut agents hoping this could be a way to earn at least some revenue from tenants will be disappointed.ARLA says that although it notes Topal’s advice, it says: “Such a clause may be subject to challenge under consumer protection legislation and, if successful, would be deemed an unfair term”.“Whilst agents must make their own commercial decisions on how to take this issue forward, ARLA Propertymark is not recommending this course of action and as such will not be making any changes to its ASTs,” it says.The the legal advice in full.ARLA Propertymark tenant fees act 2019 tenant fees ban September 10, 2019Nigel LewisOne commentRay Pothecary, TJ Williams TJ Williams 10th September 2019 at 10:53 amWe have a situation where, unknow to us until later, our tenant changed a light fitting which failed to work properly.A pproblem with the electrical system was reported to us by the tenant.We sent out an electrican as a matter of urgency (chargeable for call-out) and he reported back to us that the light had been improperly installed and was dangerous.Our electrican, once he had made the installation safe at no cost, told the tenant that he should get his own electrician to fix the problem.Where do we stand about our electrician’s call-out charge?Surely we do not have to foot the bill for that? Or does the Landlord?Seemingly we have to pay our electrician even though the problem was indisputably caused by the tenant.There is something seriously wrong if legislation like this is on the books.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 2021last_img read more

USA: HSM 41 “Seahawks” Celebrate 170,000 Flight Hours without Class A Mishap

first_img View post tag: 000 Sailors assigned to the Helicopter Maritime Strike Squadron (HSM) 41 “Seahawks” celebrated 170,000 operational flight hours without a Class A mishap Jan. 8.A Class A mishap is defined as an incident with a total cost of more than $1 million, destroyed aircraft, fatal injury or total disability. HSM-41, which began service as Helicopter Anti-Submarine Light 41 in 1983, has accumulated the hours over the course of the fleet replacement squadron’s lifetime.HSM-41’s Sailor of the Year, Aircrew Survival Equipmentman 1st Class Cole Lindsay, spoke about the significance of the milestone. “There are four mishap classes with Class A being the most severe you could have,” Lindsay said. “It’s amazing that we’ve flown that exorbitant amount of hours without any serious problems for the amount of time that we have been commissioned. Not many commands get that milestone.”Sailors at HSM-41 work on the MH-60R, an anti-ship, anti-submarine helicopter, keeping them flight ready for any mission they may be tasked with.“We train all of the replacement pilots and aircrewman for the fleet and then we send them out to their corresponding squadrons,” said Lindsay. “We also do search-and-rescue. If there is a ship in distress, somebody in the water, a canyon rescue, or overland rescue, we will go and pick them up.”Lindsay said that his squadron places a huge emphasis on safety and attention to detail, and identified training as a top priority for the squadron’s future success.“It takes everyone here training our junior personnel to do their jobs to keep heading in the right direction,” Lindsay said. “As long as we train our replacements the right way, we are going to be successful.”Aviation Machinist’s Mate Airman Apprentice Adriane Curran takes pride in the work that she does contributing to the safe flight operations of her squadron.“I deal directly with all the moving parts of the helicopter that make it fly so it’s really incredible to me,” said Curran. “It really makes me proud and I hope that I can contribute to the next 10,000 mishap free flight hours.”[mappress]Naval Today Staff, January 9, 2013; Image: US Navy View post tag: Naval View post tag: HSM View post tag: 41 Training & Education USA: HSM 41 “Seahawks” Celebrate 170,000 Flight Hours without Class A Mishap View post tag: Flight View post tag: nvay View post tag: celebrate View post tag: Mishap View post tag: Class A View post tag: hours Back to overview,Home naval-today USA: HSM 41 “Seahawks” Celebrate 170,000 Flight Hours without Class A Mishap View post tag: 170 View post tag: News by topic View post tag: Seahawks Share this article January 9, 2013last_img read more

USS Rushmore concludes amphibious portion of Steel Knight

first_img View post tag: Steel Knight View post tag: US Navy Back to overview,Home naval-today USS Rushmore concludes amphibious portion of Steel Knight December 13, 2017 USS Rushmore concludes amphibious portion of Steel Knight US Navy dock landing ship USS Rushmore (LSD 47) joined the 1st Marine Division (MARDIV) for the at-sea amphibious portion of exercise Steel Knight which concluded on December 11.Steel Knight is a scenario-driven exercise designed to enhance the command and control, interoperability, and fundamental warfighting competencies within the 1st MARDIV, its adjacent units, and naval support forces.During the course of Steel Knight, Rushmore launched and recovered landing craft utility (LCUs) boats and amphibious assault vehicles (AAVs) carrying marines to beaches and training facilities on the California coast. Elements of the 1st MARDIV conducted realistic, live fire training as part of their pre-deployment cycle, working to maximize training opportunities in preparation for scheduled, real-world deployments.Steel Knight provides realistic, relevant training necessary to ensure that the Rushmore and other amphibious warships remain combat ready to support Marine Corps expeditionary operations. Training & Education View post tag: USS Rushmore Share this articlelast_img read more

A whole lotta foods

first_imgThe assault on the senses starts at the front door of the Whole Foods Market. As you enter, a rainbow of dewy fresh fruit and vegetables stretches from the front entrance in wicker baskets.Rounding the first aisle, you come upon the deli counter, which runs along the back of the store and, the first of many surprises, a stand where you can serve yourself hot soup. There are six soups of the day. Ringed around the cauldrons are a selection of bakery items to complement the soup – including La Brea breads and flavoured breadsticks. The attention to detail is exquisite.Further along towards the bakery is another stand, with massive cheese cut into rounds to encourage sampling, and flatbreads to accompany them.The main bakery section dominates the far side of the store with aromas of fresh baked bread wafting from it across the store.Here there is a buzz as you catch sight of bakers at work behind a long shiny metallic takeaway counter, which runs along the perimeter of the store.As you wander through the display you can pick up all manner of beautifully merchandised fresh and fine natural and organic breads, cakes and cookies, many of them from local bakers. The range also features European loaves, sandwich breads, baguettes, pastries, and gluten-free baked goods. The IAWS’ La Brea premium bake-off range makes a big splash, with signage flagging up the many unusual breads on display. The breads are baked-off in the bakery behind the counter,Operating from the counter are a number of takeaway options, well signposted and temptingly merchandised. Made-to-order sandwiches and meal deals are on offer here. You can build your own sandwich – for example, a sliced wholegrain bloomer, spread with avocado mayonnaise on one side and a spicy olive paste on the other. And that is just the butter! Fillings on offer include Apple tahini, Portobello mushroom club, steak with Blue Gouda and Tarragon Chicken with an extensive range of salad items to complement them.You can also serve yourself coffee on the neighbouring café area of the counter.picnic areaSo where will you hold your picnic? Well, all along the glass frontage of the store are picnic tables, where customers are enjoying hot and cold items from the deli and coffee area. Just one minor inconvenience in this food paradise? The tills.Prices are at the premium end at this supermarket. But you do get free samples of chocolate nuggets as you go through!Speciality bakery lines include:Cherry Cardamom sconesPotato chapattisCranberry banana Quinoa breadPumpkin breadBlueberry spelt mushroomsWalnut raisin and fennel muffins—-=== Company ethos ===Established in Texas in 1978 by John Mackay, Whole Foods Market grew throughout the 1990s by absorbing many of its competitors: Bread & Circus, Fresh Fields, Merchant of Vino, Mrs Gooch’s, Bread of Life and Wellspring Markets.The Whole Foods ethos is to become part of the community in which it trades, sponsoring events, donating food and money to good causes and becoming a neighbourhood gathering place.The “buy local” message is also big – with a massive focus on local sourcing and sustainability.—-=== The UK supermarket ===scene is set to be shaken up in early June when American supermarket giant Whole Foods Market opens a 75,000sq ft store in London’s Kensington High Street. This will be the natural and organic retail giant’s launchpad into the UK and Europe, with a succession of new stores planned to follow around the UK once the flagship store is up and running.Whole Foods’s 188 stores in the USA and Canada turned over $5.6 billion in last year. The company targets high-income customers with premium-quality “natural” products. It maintains an extensive list of unacceptable ingredients, including all artificial colours and flavours, sweeteners and hydrogenated oils.The retailer first made a low-key appearance in the UK in 2004, when it acquired Fresh & Wild, a chain of seven small outlets that it continues to run under the Fresh & Wild fascia. Whole Foods’ arrival will raise the profile of organic and own-label foods in the UK while raising the bar for supermarkets and their bakery suppliers. Senior vice-president for the North Atlantic region David Doctorow says Whole Foods’ bakery department will be a key customer attraction at the front of the Kensington store, with craft bakers baking from scratch in front of customers. Cooking demonstrations, product samplings and in-house eateries, as well as extensive ranges of fresh wholesome organic and natural foods, are also planned. The focus throughout will be on local sourcing and sustainability.last_img read more

High Times Announces Music Lineup For 2019 Cannabis Cup NorCal: The Claypool Lennon Delirium, Matt And Kim, More

first_imgHigh Times has unveiled the lineup of music artists who will perform at the cannabis lifestyle magazine’s Cannabis Cup NorCal event next weekend.The two-day event, which will take place at the Sonoma County Fairgrounds in Santa Rosa, CA on June 1st-2nd, will now feature performances from The Claypool Lennon Delirium, Capital Cities, Matt and Kim, Sol Seed, and The Mystic Roots Band. Other artists included in the event’s music lineup announcement on Tuesday include the Mendo Dope Band, Un Amour Band, and Barry Schroeder & The Roland Brothers.Related: Grateful Dead’s Mickey Hart Announces ‘Mind Your Head’ Cannabis BrandIn addition to providing ticket holders with musical performances, the exhibit portion of the Cannabis Cup NorCal will welcome some of the top cannabis producers from around the world in hopes of getting the area’s cannabis consumers up close and personal with the brands and strains they love the most. The Southern California edition of the Cannabis Cup is set to take place this coming weekend in Hollywood, CA where rappers Ice Cube and Torey Lanez are both set to perform.Ticket packages to this year’s Cannabis Cup NorCal are on sale here.last_img read more

Biological sciences professor dies at 64

first_imgRobert A. Schulz, a professor of biological sciences at Notre Dame, died Saturday, the University announced in a press release Wednesday. He was 64 years old.Schulz became a member of the Notre Dame faculty in 2007, the release said. Before joining Notre Dame, he earned a bachelor’s degree from the University of North Carolina in 1976 followed by a doctoral degree in biochemistry from Georgetown University. He spent 22 years working at the University of Texas MD Anderson Cancer Center.“Notre Dame was lucky to recruit Dr. Schulz from the prestigious MD Anderson Cancer Research Center, where he established a strong research program,” Kevin Vaughan, associate professor of biological sciences, said in the release. “Dr. Schulz quickly positioned himself as a leader in biological sciences at Notre Dame, and he improved the visibility of Notre Dame research at the national level through his outreach.”At Notre Dame, Schulz designed a developmental biology course for undergraduates. He was known as an advocate for graduate student research projects during annual research seminars, Vaughan said.“He always held his graduate students to a pretty high level of expectation,” David Hyde, a biological sciences professor and Notre Dame’s Kenna Director of the Zebrafish Research Center, said in the release. “He wanted them to be able to generate data that would lead to meaningful research publications that would have a significant impact.”At the University of Texas, Schulz’s work included research on processes of blood formation and immunity in humans and fruit flies, particularly of the Drosophila genus. His work led to better understandings of congenital heart defects, leukemias and cancer stem cells research. Schulz received a grant from the National Institutes of Health in 2016 to study “the Drosophila immune system’s response to stress.”“[Schulz] used state-of-the art genetic approaches to answer fundamental questions about how the immune system develops in the fruit fly,” Hyde said. “He was still actively pursuing his research, for which he was well-respected in the Drosophila community worldwide.”Schulz is also remembered for loving to travel to Rome with his wife.“They always enjoyed going every year and wanted to see the Pope,” Hyde said. “At one point when they made that trip, he was within a couple of feet of the Pope during a procession at the Vatican — and that was very memorable to him, that he was that close.”A visitation will be held Friday at Kaniewksi Funeral Homes from 4 to 8 p.m., followed by a funeral Mass at 11 a.m. Saturday in Christ the King Catholic Church.Tags: biological sciences, biology, Robert Schulzlast_img read more

Small Plane Makes Emergency Landing at Robert Moses State Park

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A small plane made an emergency landing at Robert Moses State Park Saturday morning after the pilot reported engine problems, aviation officials said.The Cessna 172 aircraft landed in an empty parking lot near Captree Bridge at 8:40 a.m., a Federal Aviation Administration spokeswoman said.The pilot, who was the only person on board, departed from MacArthur Airport in Islip and performed an emergency landing after reporting engine problems, the spokeswoman said. He was not injured.The FAA is investigating the incident.last_img read more

Brascan and Reichmann join forces

first_imgWould 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 newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Arsenal make offer to Belgium star Yannick Carrasco

first_imgArsenal have made an offer to Carrasco (Picture: Getty)‘Also on the field, where I had to take my responsibility and the team had to bear. But my wish now is to return.’While Emery is targeting a busy summer, the Arsenal boss will have limited transfer funds to work with.Arsenal have just under £50million to spend and Emery is considering offloading several first-team stars to raise further funds.MORE: Arsenal submit enquiry for €15m-rated Eibar playmaker Joan Jordan Comment Coral BarryFriday 7 Jun 2019 8:20 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.8kShares Carrasco has asked Dalian Yifang to let him leave this summer (Picture: Getty)On struggling to adapt to life in China, he added: ‘From a family point of view, I would rather play in Europe and stay closer to my family.‘The adjustment for my family was also difficult over there.‘I have become a lot more mature and have learned a lot. Carrasco admitted he wants to leave China (Picture: Getty)Yannick Carrasco is reportedly close to a switch to Arsenal after receiving an offer to join the Londoners.Arsenal were interested in the former Atletico Madrid star in January, but decided instead to bring Denis Suarez to the club on loan from Barcelona.With Suarez sent back to Barcelona after a dismal loan spell, Unai Emery is keen to resurrect a deal for Carrasco.The Belgium international is ready to end his time in China and Arsenal have tabled an offer for his services, according to Sport.ADVERTISEMENT Advertisement Arsenal make offer to Belgium star Yannick Carrasco Arsenal were interested in Carrasco in January (Picture: Getty)The switch is thought to be close, as Carrasco has made it clear he wants to return to playing in Europe.AdvertisementAdvertisement‘There is now an offer on the table and the negotiations with my agent are progressing well,’ he said.‘I am the most important player in the club, but I hope the chairman understands me.’MORE: How Sampdoria duo Dennis Praet and Joachim Andersen can solve two of Unai Emery’s biggest issues at Arsenal Advertisementlast_img read more