Murja re-brands to ATFS

Today sees the launch of Aquila Treasury Finance & Solutions (ATFS), formerly Murja Ltd, a Financial Conduct Authority (FCA) accredited treasury consultancy. ATFS will form the treasury and finance service of Altair, the housing consultancy, who are both wholly owned subsidiaries of Aquila Services Group plc. The ATFS re- branding is launched at the Scottish…

Latest House Price Inflation Indicators

The following is a summary of the latest indices relating to U.K. house prices.

Halifax: 4.5% YoY (Oct 2017)

Nationwide: 2.5% YoY (Oct 2017)

Rightmove: 1.4% YoY (Oct 2017)

ONS: 5.0% YoY (Aug 2017)

The Royal Institute of Chartered Surveyors reported a balance of +6% from its members in September (+6% in August).

Supported Housing Funding – The Next Steps

The Government published its long-awaited proposals on the future funding of supported housing at the end of last month. There will be three different approaches from April 2020 depending on the type of supported housing involved: Sheltered and extra care housing – housing designated for occupation mainly by over-55s with care and support needs, with…

MPC Decision

The Bank of England’s Monetary Policy Committee has released the voting decisions and Minutes of the meeting which ended on 01 November 2017. The Minutes reveal that the Committee voted 7-2 to increase the Bank Rate to 0.50% per annum (from 0.25% per annum). Two members (Jon Cunliffe and Dave Ramsden) voted against the proposition…

Fed FOMC Statement

The Federal Open Market Committee issued its latest statement today. The vote to keep the benchmark interest rate unchanged in the target range of 1.00-1.25% was unanimous. The key points from the statement are: Economic activity was upgraded from moderate growth to solid growth; Inflation assessment altered to indicate that core inflation remains soft instead…

STOP PRESS : Altair joins forces with pod

Altair has today announced that through its parent company Aquila Group Services Plc, it has purchased pod development and financial modelling. Co-founded by Matt Carroll and Hannah Breitschädel in 2008, pod is a multidisciplinary construction and regeneration consultancy. They specialise in all aspects of development consultancy and financial modelling including their ‘podplan’, a bespoke development…

ECB Decision

The European Central Bank left its benchmark rate at 0.00% per annum and its deposit rate at -0.40% per annum at the conclusion of its meeting today. The QE programme will continue at €60billion per month until the end of 2017 and will then be scaled back to €30billion per month until the end of…

Tips to Help Build Bridges

With five devolution deals agreed to date across the North of England and a further six bids in the pipeline, the funding landscape for housing is set to change. Partnership working has never been more important in maximising available funding in order to deliver ambitious development plans and optimise service to customers in challenging financial…

“Shaping the Future” – Our First Webinar

Steve Douglas and Michael Appleby delivered Altair’s first ever Webinar on the 20th June, where they looked at “Shaping the Future” with 26 attendees from all over the UK following the hour long online seminar. The presentation covered: • An organisational overview and how we have developed • A summary of the key results from…

MPC Decision

The Bank of England’s Monetary Policy Committee has released the voting decisions and Minutes of the meeting which ended on 14 June 2017. The Minutes reveal that the Committee voted 5-3 to maintain Bank Rate at 0.25% per annum and unanimously to; 1)  continue with the programme of sterling non-financial investment-grade corporate bonds purchases totalling…