Latest news with #propertyowner
RNZ News
04-07-2025
- Business
- RNZ News
300 percent increase on home insurance
A home insurance hike of 300% over the past five years has left one Napier man shocked. Bluff Hill homeowner Harry Machiela says he's used to muttering expletives when the letter comes each year, but this year he crunched the numbers and the cost of his house and contents insurance has gone up a whopping 300%. He lives in Napier, but says his property isn't in a flood zone. He spoke to Lisa Owen. To embed this content on your own webpage, cut and paste the following: See terms of use.
The Sun
29-06-2025
- Entertainment
- The Sun
Britain's ‘darkest ever house' with all-black walls, toilet & furniture hits market for bargain sum.. could you hack it?
A HOME dubbed the "blackest house ever" is up for sale - and it could be yours for £375k. The property, located in Swinton, Manchester, is described as "a unique home that offers significant accommodation and generous outside space rarely found in homes within this price bracket." 10 10 But what makes the house truly stand out is its design — both the interior and exterior are entirely black. On the outside, the property features black walls, doors, gates, and a black garage. On the inside, it has black furniture, black radiators, and even an all-black toilet. Sharing the property on TikTok, user @housinghorror described it as "the blackest house [he] had ever seen". He said: "Some people are going to absolutely love this decor. "But I feel it's going to be a controversial one as we don't usually see these black houses that often." The owner is clearly a fan of the colour — listing photos show two black cars, a black drum set, and a wardrobe full of black clothing. They've even added black finishing touches to the home — including a painting of a black dog and a sculpture of a black panther. The home is set over two floors and comprises an entrance hall, lounge, open plan dining room, a fully-fitted kitchen, and three large double bedrooms. There are various outbuildings that include a gym, office, play room, and store room - and the home has a detached double garage. Stunning Gothic mansion made famous on BBC's Home of the Year up for sale... and it has very famous links The property is situated within a private gated plot and has a large back garden - which offers "excellent space for relaxing and children's play". The listing continues: "The location is within easy access to many local shops and amenities and is well placed for renowned primary and secondary schooling. "It is also ideal for access to major transport links making it ideal for those looking to commute into Manchester and across the North West. "This is a unique home that offers significant accommodation and generous outside space rarely found in homes within this price bracket. "As such, an early internal viewing is strongly advised to avoid disappointment." The owner is looking for offers in the region of £375,000 - buyers can find the listing here. It comes after a property developer was forced to put a derelict hotel on sale for just £1 after pumping £3.2 million into its restoration. And a unique five-bedroom detached house with a special bathroom has hit the market for £700k - would you put in an offer? 10 10 10 10 10 10 10
Irish Times
19-06-2025
- Business
- Irish Times
Man who failed to pay ex-wife £6.55m as ordered must now give her 75% of property sales proceeds
An Irish company director who has not complied with an English court's order to pay a £6.55 million (€7.67 million) lump sum to his ex-wife must sell valuable properties here and pay 75 per cent of the sales proceeds to her, the High Court in Dublin has ordered. Ms Justice Nuala Jackson also directed the man to transfer valuable shareholdings and his interest in director's loans to the woman, who has received 'extremely meagre financial provision' to date and incurred 'huge legal costs' in seeking to have the English orders enforced. The judge's orders would require sale or liquidation of a property-owning company here, which she was satisfied the man beneficially owns, with 75 per cent of net proceeds to go to the woman. She granted a freezing order over both parties' assets, allowing an exception for dealings to comply with the Irish court's orders. READ MORE The judge said she aimed to achieve a 'broadly equal' division of assets, having regard to the long marriage, the ages of the parties and the litigation history. She had 'no confidence' the man had disclosed the totality of his assets here or abroad. The court was satisfied he fully owns a company that owns several properties, but there was 'no clarity' about extensive unencumbered properties owned by that company that are yielding a valuable rent roll, usage of which was 'entirely unvouched and unexplained'. She was satisfied he has a 50 per cent shareholding in two other companies, is owed substantial director's loans, beneficially owns three properties in Ireland, and that he and the woman jointly own two apartments abroad. She said the case 'amply demonstrates' the 'very considerable difference' that sometimes arises between obtaining a court order and implementing it. Efforts by the English court to enforce its orders there have so far been unsuccessful, she noted. In her judgment, delivered last month and published this week, the judge said the litigation between the man and woman has been going on for about six years, here and in the UK. The woman's divorce proceedings concluded in England more than four years ago, but the man's noncompliance with English court orders led to her asking the Irish court for enforcement. Both parties are of Irish origin. They married in England in the 1990s and mainly lived there but visited Ireland frequently and accumulated assets here, the judge noted. Their children are adults. Despite the English court orders, the woman has received 'extremely meagre financial provision' and is living in a property jointly owned with one of her children, the judge said. The man, who represented himself before her, 'profoundly' disagreed with the English court's 'clean break' orders and repeatedly expressed dissatisfaction with the woman's failure to amicably resolve the dispute on foot of an alleged interim agreement. No final agreement was reached between the parties, but the man appeared unwilling to move on from his view of events and his conviction that the woman's divorce proceedings should not have been entertained, she said. The judge had 'regrettably' formed the view his perspective was not with a view to preserving the marriage but with a view to there being no intervention or interrogation of his assets and financial circumstances. The man had failed to pay a £6.55 million lump sum to the woman by a set date in 2021 or to make alternative proposals for payment, Ms Justice Jackson said. Had payment been made, the woman was to transfer various properties to him, remove her name from their joint bank accounts and he was to get the sums in those. The man alleged the woman and a relative of hers had waged a 'vendetta' against him. She alleged a history of controlling behaviour by him and that he was a 'bully' and a 'narcissist'.
CBS News
19-06-2025
- CBS News
Beverly Grove residents express concerns over abandoned apartment buildings overtaken by squatters
Some Beverly Grove residents are expressing their concerns over a group of abandoned apartment buildings that have been overtaken by squatters. They say that their usually quiet street has been hit with a rash of fights, fires and people using drugs because of the nearly 20 people that took up house in the vacant buildings at the corner of Flores Street and W. Third Street. "It's horrible and it's very scary," said Lauren Green, who lives near the complex of apartments. "The buildings are not secure and there's not a solid fence to keep vagrants, homeless, unhoused, whatever you want to call anybody that is living without paying rent on a beautiful, beautiful street." Though the buildings are surrounded by a large fence, residents say that hasn't stopped anyone from gaining access. Green says that she has had to change the route she typically took when walking her dog because of the people living inside. "I've seen some horrible, horrible people doing horrible things and they have come after me," she claimed. She's one of many who say that the issues come at any time of the day, along with Margaret Ruskin. "It's become a real serious public safety issue, I mean they knock on windows when they are too, I am assuming, drugged up to know how to get back in," Ruskin said. Since the group of squatters moved in a few months ago, residents say they have counted at least seven fires stemming from the buildings. Beverly Grove city leaders say that the issue lies with the property owner. "We've made it clear that the owner must take full responsibility for addressing safety and nuisance issues on-site," said a statement shared by a spokesperson for Los Angeles City Councilwoman Katy Yaroslavsky. "Our office has also flagged the matter with the Department of Building and Safety and Code Enforcement and LAPD." CBS News Los Angeles has reached out to the property manager but has not yet heard back.
Yahoo
18-06-2025
- Business
- Yahoo
Landlord with multiple homes reveals why he's leaving Sydney: 'I don't want to live like that'
A Scottish man has opened up about the 'crazy' cost of living in Australia and why he plans to go back to Japan to live. Despite owning multiple properties, the man said he didn't have any savings and had put all his money into real estate. The 48-year-old was stopped in the street by Coposit, a property app that has gone viral online for asking people to open up about exactly how much money they had in the bank. The man said he lived between Australia, Tokyo and Scotland, and had been living in Sydney since 2000. He revealed he was 'fortunate' to make some money in the past and now owned 'several' properties. But he said it wasn't as easy for people to do today. RELATED Gen Z worker reveals $4,732 DoorDash, Uber Eats cost-of-living problem facing millions Centrelink age pension changes coming into effect from July 1 $1,000 ATO school fees tax deduction that Aussies don't realise they can claim 'There's a dichotomy because you can either put about $3,000 or $4,000 a month on interest for 30 years, so that means you've got to work five days a week,' he said. 'At the moment, rent is just as high, if not higher than a mortgage. So [Australia] is a very precarious place to live.' The average new home loan in Australia is $659,992, according to with an average interest rate of 6 per cent. That translates to monthly repayments of about $3,957 over 30 years, including principal and interest man said he was in Sydney for an operation and then planned to go back to Japan in two months' time, where his daughter lives. 'It's unaffordable here and I don't want to be spending. You can't go out for dinner without having an overdraft. What kind of a life is that?' he said. 'I just don't want to live like that. I wasn't born in this land to sacrifice and I'm fairly middle class.' The man said the cost of living in Sydney was 'incomparable' to Japan. 'I have an apartment in Japan, 30 minutes on the Shinkansen from Tokyo. It cost me $50,000,' he said. 'You can get ramen, for example, for 600 yen (AUD$6.30), hotels are expensive but I don't live in hotels because I have a house there. "The cost of living in Sydney is crazy but the health care is very good.' The cost of living in Tokyo is 18.6 per cent lower compared to Sydney, excluding rent, according to Numbeo. When you add in rent, the cost of living is 29.2 per cent lower in Tokyo. In Tokyo, the cost of a meal at an inexpensive restaurant is around $12.70, while in Sydney you would be looking at closer to $25. A domestic beer would set you back the equivalent of $6.35 in Tokyo, while it'll be around $10 in Sydney. Interestingly, Japanese nationals have been applying in record numbers for Australian working holiday visas with 14,290 visas granted in 2023-2024. This made Japan the fourth most popular country applying for Aussie visas behind the UK, France and Ireland. Low minimum wages and long work hours are behind some young people's moves, with Japan's minimum wage less than half of Australia' in retrieving data Sign in to access your portfolio Error in retrieving data
