Wayne Reynolds

So excited to announce that we won the Small #Planning Consultancy of the Year award in the national #RTPIAwards 2020 #AtriarcPlanning @RTPIPlanners @RTPICymru rtpi.org.uk/events-trainin…

Calling all English BtL specialists, I am doing an analysis for a presentation - this is an English BtL owned by a higher rate tax payer @ 75% LtV £240,000 let at £11,400 (4.75% gross). @moving_charlie @alexgroundwater

@JoshYoung But WSJ just said no navy escorts? What ship owner will take the risk?

Hopefully this works. It would temporarily increase the oil supply. But I'm not holding my breath.

@Rory_Johnston Helping them out? Back in on the other hand?🤷🏼‍♂️

*BRENT OIL DROPS 2.4% AS US PLANS TO GUIDE SHIPS THROUGH HORMUZ

@proptechpioneer Actually think this is a really bad idea. AI can’t take into account onsite or wider site peculiarities. Use it for policy development - yes. Development mgt needs the human input.

Good idea! All planning decisions should be made by a binary algorithm - schemes either meet the rules or they do not.

@proptechpioneer It could also invalidate existing contracts 🤦🏼‍♂️🤷🏼‍♂️

@proptechpioneer If my initial reading is correct a landlord wont be able to get a fixed term contract with a Council due to RRA. Unintended consequences strike again?

For landlords who own a property that they cannot sell - a long-term lease to an asylum accommodation provider is looking like a good option. They are now paying a 35% PREMIUM above the council LHA and will take a long term lease where they will repair the property. I still think selling is a better option but if one cannot sell its worth considering.

@LondonMoneyFS @jonjoneloveit The number don’t appear to stack up though for FTB (unless bomd step in). Higher grad taxes, slow jobs mkt, restrained saving ability; not sure it’ll have the desired outcome. Only time will tell.

@jonjoneloveit lower prices so that people can buy in their 20;s again There was a feeding frenzy on FTBs for a generation, i dont recall too many people wailing in sympathy for them

I don’t recall this headline from the year 2000: “ 700 FTBs don’t buy a home every day as British landlords buy up “ Spin it all you want, play whatever violins you can lay your hands on, but BTL was a significance destroyer of a once semi functioning housing market

@mhewson_MCH If they do, surely a contender to delist FTSE and move to the US

BP considers abandoning the North Sea telegraph.co.uk/gift/2905d8532…

@entrustTMF Missed market estimate, not by much though

Added a spot of #NWG NatWest at 562p Thought the Q1 IMS update was solid enough but WDIK 🤷‍♂️ x.com/entrustTMF/sta… Currently yielding what I think is a sustainable 6%🤞at these levels-forward PE of 8 Not sure why markets are so unhappy with them but, hey ho, take advantage🤷‍♂️

@entrustTMF If they sell North Sea assets, relocation from the FTSE to the US must be on the cards

#BP. BP is considering potentially exiting part or all of its operations in the UK North Sea, sources say, as the oil giant works to strip assets and pay down debt [I wonder WHY they would want to exit UK North Sea?TOTAL mystery🤷‍♂️] bloomberg.com/news/articles/…

BP is considering potentially exiting part or all of its operations in the UK North Sea, sources say, as the oil giant works to strip assets and pay down debt bloomberg.com/news/articles/…

“Apprehending violent and dangerous criminals is a full contact and messy task which may appear shocking to observers with little experience of policing in the real world.” Commissioner Sir Mark Rowley writes to Zack Polanski.

@julianHjessop @labourlewis EPL and tax take for govt should be good this year. Further tax inc could easily see BP (or others) move to the US or more tax friendly environments in the medium to long term

Nothing personal against @labourlewis, but this is yet another example of the ongoing economic illiteracy around energy policy 🙄 In particular... 1⃣ BP is not making "record profits"; in fact, the latest numbers are not that unusual for any global company of this size 2⃣ the market prices of oil and gas have jumped because of a supply shock - this is just economics 101 3⃣ we will continue to need some oil and (especially) gas for the foreseeable future; profits provide the incentive for companies to maintain investment and supply (as well as provide jobs, tax revenues and dividends for UK shareholders) 4⃣ it is clearly far better to source this oil and gas from the North Sea (for which we should be thanking BP, not demonising them) 5⃣ if you want someone to blame for the UK's relatively high energy costs, I'd start closer to home (hint: his first name is 'Ed')

@gbrew24 This key point was missed out (deliberate or not) by the BoE post release briefing discussion today, where oil swings were noted as mkt volatility 🤦🏼‍♂️

As expected, a sharp drop today as June rolls into July. Brent climbed to $122 yesterday and is now back down to $113, where the July contract was yesterday. That's still higher than at any point since the ceasefire was called. #OOTT

@ukhpinfo @MortgageMikeN2 @alexgroundwater @Mike47w @moving_charlie It would be interesting if they had the figures referenced against buyer age/ demographic, to see what the difference is between older and younger home owners

@MortgageMikeN2 @alexgroundwater @AtriarcGroup @Mike47w @moving_charlie In London, it is 3.92

But, you know, there’s a “housing shortage” apparently. 🤦🏻‍♂️ Waiting for the “build houses” mob to wake up and switch to “stop loosening lending” instead, if they actually want more affordable homes.

@Mike47w @moving_charlie Very simply… an affordable mortgage payment would use <25% of net salary ie. £30K, £50K, £75K and £120K salaries at current 5% rates over 25yrs = a max of £85K, £140K, £190K and £275K of borrowing per person 🤔 Currently even the tiny boxes are taking c. 40% of net salary 😬🤯

I do wonder about some estate agents. Been watching a couple of properties for a while for a client. Starting price over £200k, dropped to £185k then £150k (via MMA). Now relisted at £185k 🤦🏼‍♂️🤷🏼‍♂️

#TW and #PSN House builder shares down 34% and 33% since Feb 2026. Vistry down around 56% If oil keeps going potential for interest rates rises by the BoE. 2026 will be a challenging year for stock prices

@baroninvestment Brent up at $116.8!!!

Again, Dated Brent (spot not futures) has averaged $120 for April so May is going to move up fast if the geopolitical situ doesn't improve sharpish. Producers are absolutely coining it.

Just looking at whats in consensus for O&G producers. Below are MARKET CAPS (VALUATIONS) @ analysts FREE CASH estimates based on 2026 consensus. Some look way off (and not helped in some cases by less coverage on the metric). Clearly, the numbers will be materially, sky higher on $100+ oil! - ENQUEST @ £392M. FCF @ £52M - KISTOS @ £264M. FCF @ £100M - SERICA @ £1.15BN. FCF @ £266M - ITHACA ENERGY @ £4.5BN. FCF @ £695M. - HARBOUR ENERGY @ £4.6BN. FCF @ £975BN. - SHELL @ £185.5BN. FCF @ £20BN - BP @ £91BN. FCF @ £14BN.