4
Sep

Commonwealth Bank of Australia CEO apologies for financial planning scandal

   Posted by: Admin   in Uncategorized

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Retrieved from “https://en.wikinews.org/w/index.php?title=Commonwealth_Bank_of_Australia_CEO_apologies_for_financial_planning_scandal&oldid=3869292”
2
Sep

Michael Vick placed under tighter restrictions after failing drug test

   Posted by: Admin   in Uncategorized

Wednesday, September 26, 2007

After testing positive for marijuana amid the latest drug test, former NFL star Michael Vick was placed under tighter restrictions by U.S. District Judge Henry Hudson.

Vick must be home between between 10 p.m. and 6 a.m. and he must submit to random drug tests that will be conducted in the future.

Hudson also ordered that Vick may have to attend and pay for inpatient or outpatient substance therapy and mental health counseling if a supervising officer deems so.

A document filed in U.S. District Court today said Vick tested positive amid a urine sample that was submitted on September 13, 2007.

Vick is scheduled for sentencing on December 10 for bankrolling a dogfighting operation on his property.

Retrieved from “https://en.wikinews.org/w/index.php?title=Michael_Vick_placed_under_tighter_restrictions_after_failing_drug_test&oldid=2514327”

byAlma Abell

Anupper endoscopy in Dallas, TX, also known as the EGD, is a medicalprocedure where a thin scope holding a camera and light is used forlooking at the upper portion of the digestive tract. This includesyour esophagus, stomach and the first part of your small intestine,referred to as the duodenum.

Thisprocedure is typically done as an outpatient procedure. But in somecases, it must be done at the hospital if bleeding in the upper partof the digestive system is suspected.

[youtube]http://www.youtube.com/watch?v=N11oORVsrrM[/youtube]

WhatIs the Procedure Used For?

There are several things the upper endoscopy in Dallas, TX procedure can detect. It is often used for cases of bleeding, issues with swallowing, heartburn, vomiting or nausea and chest or abdominal pain. Endoscopy procedures can also be used for helping to identify issues related to tumors, ulcers and inflammation.

TheDetection of Abnormal Growth

Anupper endoscopy is much more accurate than an X-ray for detectingabnormal growth, such as cancer. Also, other abnormalities can betreated by using an endoscope. Some of these abnormalities includebleeding resulting from cancer or ulcers, objects that are stuck inthe stomach or esophagus, narrowed parts of the esophagus and polyps.

Ifyour doctor has ordered an upper endoscopy in Dallas, TX, be sure toask them what they are looking for. This will give you an idea of thecondition you may be suffering from. Also, knowing what is going tohappen can help you feel less stressed about the situation.

More information about an upper endoscopy in Dallas, TX can be found by visiting the Kedia MD website or calling the staff at +214-941-6891.

2
Sep

Volunteers and food needed for flooded Manitoba, Canada

   Posted by: Admin   in Uncategorized

Tuesday, March 31, 2009

Local municipal and provincial volunteers in Manitoba, Canada are exhausted in their efforts to divert the rising waters of the Red River of the North.

It has been hard work with little sleep for the residents who live on the shores of the Red River to shore up their defences with sandbags, build dikes, clear frozen culverts and break ice jams

Volunteers to spell relief for local volunteers and food are desperately needed.

“It’s a week now we’ve been doing this … you’re talking four, five, six public works guys. In my one community we’ve got 25 volunteer firefighters and those guys have been going 24/7, so of course it’s wearing them down.” said Paul Guyader, Manitoba’s emergency measures coordinator.

“We’re dealing with one of the biggest floods the province has ever seen,” said Steve Strang, mayor of St. Clements, Manitoba “We’ve put out hundreds of thousands of bags already. The municipalities are working very well, we’re working with the provincial government, we’ve brought in every possible resource we could to address this issue. The volunteerism within the community has been phenomenal.”

The Portage Diversion has taken some spring waters from the Assiniboine River and diverted the flow to Lake Manitoba.

Roseau River Anishinabe First Nation has been totally evacuated, as well as many homes near the Canada – United States border.

The cold weather is freezing the ice jams into place. Guyader has had 2 Amphibex Excavators operating on the river breaking up ice.

The Red River is right now 16.7 feet (5 metres) above spring ice conditions. The Red River Floodway gates cannot be opened with the current ice jams.

“If we operate now, we can get ice jamming going into the floodway, jamming up against the St. Mary’s bridge, as such, the floodway capacity would be reduced and would cause higher water levels in the city of Winnipeg.” said Steve Topping, Manitoba Water Stewardship spokesman

The floodway was constructed in 1968 following the 1950 flood to divert the overflow spring flooding waters of the Red River. The floodway has been widened the since the 1997 “flood of the century” and the expansion is expected to be completed this spring. As well Manitoba built permanent dikes around communities within the flood plain since the last two major floods..

The Red River waters will crest between the beginning of April to mid April, at which time also the weather should be warming up. Communities are bracing for higher water levels, more ice jams as well as melting snow in the warmer spring temperatures.

Retrieved from “https://en.wikinews.org/w/index.php?title=Volunteers_and_food_needed_for_flooded_Manitoba,_Canada&oldid=801654”
1
Sep

G20 protests: Inside a labour march

   Posted by: Admin   in Uncategorized

Wikinews accredited reporter Killing Vector traveled to the G-20 2009 summit protests in London with a group of protesters. This is his personal account.

Friday, April 3, 2009

London — “Protest”, says Ross Saunders, “is basically theatre”.

It’s seven a.m. and I’m on a mini-bus heading east on the M4 motorway from Cardiff toward London. I’m riding with seventeen members of the Cardiff Socialist Party, of which Saunders is branch secretary for the Cardiff West branch; they’re going to participate in a march that’s part of the protests against the G-20 meeting.

Before we boarded the minibus Saunders made a speech outlining the reasons for the march. He said they were “fighting for jobs for young people, fighting for free education, fighting for our share of the wealth, which we create.” His anger is directed at the government’s response to the economic downturn: “Now that the recession is underway, they’ve been trying to shoulder more of the burden onto the people, and onto the young people…they’re expecting us to pay for it.” He compared the protest to the Jarrow March and to the miners’ strikes which were hugely influential in the history of the British labour movement. The people assembled, though, aren’t miners or industrial workers — they’re university students or recent graduates, and the march they’re going to participate in is the Youth Fight For Jobs.

The Socialist Party was formerly part of the Labour Party, which has ruled the United Kingdom since 1997 and remains a member of the Socialist International. On the bus, Saunders and some of his cohorts — they occasionally, especially the older members, address each other as “comrade” — explains their view on how the split with Labour came about. As the Third Way became the dominant voice in the Labour Party, culminating with the replacement of Neil Kinnock with Tony Blair as party leader, the Socialist cadre became increasingly disaffected. “There used to be democratic structures, political meetings” within the party, they say. The branch meetings still exist but “now, they passed a resolution calling for renationalisation of the railways, and they [the party leadership] just ignored it.” They claim that the disaffection with New Labour has caused the party to lose “half its membership” and that people are seeking alternatives. Since the economic crisis began, Cardiff West’s membership has doubled, to 25 members, and the RMT has organized itself as a political movement running candidates in the 2009 EU Parliament election. The right-wing British National Party or BNP is making gains as well, though.

Talk on the bus is mostly political and the news of yesterday’s violence at the G-20 demonstrations, where a bank was stormed by protesters and 87 were arrested, is thick in the air. One member comments on the invasion of a RBS building in which phone lines were cut and furniture was destroyed: “It’s not very constructive but it does make you smile.” Another, reading about developments at the conference which have set France and Germany opposing the UK and the United States, says sardonically, “we’re going to stop all the squabbles — they’re going to unite against us. That’s what happens.” She recounts how, in her native Sweden during the Second World War, a national unity government was formed among all major parties, and Swedish communists were interned in camps, while Nazi-leaning parties were left unmolested.

In London around 11am the march assembles on Camberwell Green. About 250 people are here, from many parts of Britain; I meet marchers from Newcastle, Manchester, Leicester, and especially organized-labor stronghold Sheffield. The sky is grey but the atmosphere is convivial; five members of London’s Metropolitan Police are present, and they’re all smiling. Most marchers are young, some as young as high school age, but a few are older; some teachers, including members of the Lewisham and Sheffield chapters of the National Union of Teachers, are carrying banners in support of their students.

Gordon Brown’s a Tory/He wears a Tory hat/And when he saw our uni fees/He said ‘I’ll double that!’

Stewards hand out sheets of paper with the words to call-and-response chants on them. Some are youth-oriented and education-oriented, like the jaunty “Gordon Brown‘s a Tory/He wears a Tory hat/And when he saw our uni fees/He said ‘I’ll double that!'” (sung to the tune of the Lonnie Donegan song “My Old Man’s a Dustman“); but many are standbys of organized labour, including the infamous “workers of the world, unite!“. It also outlines the goals of the protest, as “demands”: “The right to a decent job for all, with a living wage of at least £8 and hour. No to cheap labour apprenticeships! for all apprenticeships to pay at least the minimum wage, with a job guaranteed at the end. No to university fees. support the campaign to defeat fees.” Another steward with a megaphone and a bright red t-shirt talks the assembled protesters through the basics of call-and-response chanting.

Finally the march gets underway, traveling through the London boroughs of Camberwell and Southwark. Along the route of the march more police follow along, escorting and guiding the march and watching it carefully, while a police van with flashing lights clears the route in front of it. On the surface the atmosphere is enthusiastic, but everyone freezes for a second as a siren is heard behind them; it turns out to be a passing ambulance.

Crossing Southwark Bridge, the march enters the City of London, the comparably small but dense area containing London’s financial and economic heart. Although one recipient of the protesters’ anger is the Bank of England, the march does not stop in the City, only passing through the streets by the London Exchange. Tourists on buses and businessmen in pinstripe suits record snippets of the march on their mobile phones as it passes them; as it goes past a branch of HSBC the employees gather at the glass store front and watch nervously. The time in the City is brief; rather than continue into the very centre of London the march turns east and, passing the Tower of London, proceeds into the poor, largely immigrant neighbourhoods of the Tower Hamlets.

The sun has come out, and the spirits of the protesters have remained high. But few people, only occasional faces at windows in the blocks of apartments, are here to see the march and it is in Wapping High Street that I hear my first complaint from the marchers. Peter, a steward, complains that the police have taken the march off its original route and onto back streets where “there’s nobody to protest to”. I ask how he feels about the possibility of violence, noting the incidents the day before, and he replies that it was “justified aggression”. “We don’t condone it but people have only got certain limitations.”

There’s nobody to protest to!

A policeman I ask is very polite but noncommittal about the change in route. “The students are getting the message out”, he says, so there’s no problem. “Everyone’s very well behaved” in his assessment and the atmosphere is “very positive”. Another protestor, a sign-carrying university student from Sheffield, half-heartedly returns the compliment: today, she says, “the police have been surprisingly unridiculous.”

The march pauses just before it enters Cable Street. Here, in 1936, was the site of the Battle of Cable Street, and the march leader, addressing the protesters through her megaphone, marks the moment. She draws a parallel between the British Union of Fascists of the 1930s and the much smaller BNP today, and as the protesters follow the East London street their chant becomes “The BNP tell racist lies/We fight back and organise!”

In Victoria Park — “The People’s Park” as it was sometimes known — the march stops for lunch. The trade unions of East London have organized and paid for a lunch of hamburgers, hot dogs, french fries and tea, and, picnic-style, the marchers enjoy their meals as organized labor veterans give brief speeches about industrial actions from a small raised platform.

A demonstration is always a means to and end.

During the rally I have the opportunity to speak with Neil Cafferky, a Galway-born Londoner and the London organizer of the Youth Fight For Jobs march. I ask him first about why, despite being surrounded by red banners and quotes from Karl Marx, I haven’t once heard the word “communism” used all day. He explains that, while he considers himself a Marxist and a Trotskyist, the word communism has negative connotations that would “act as a barrier” to getting people involved: the Socialist Party wants to avoid the discussion of its position on the USSR and disassociate itself from Stalinism. What the Socialists favor, he says, is “democratic planned production” with “the working class, the youths brought into the heart of decision making.”

On the subject of the police’s re-routing of the march, he says the new route is actually the synthesis of two proposals. Originally the march was to have gone from Camberwell Green to the Houses of Parliament, then across the sites of the 2012 Olympics and finally to the ExCel Centre. The police, meanwhile, wanted there to be no march at all.

The Metropolitan Police had argued that, with only 650 trained traffic officers on the force and most of those providing security at the ExCel Centre itself, there simply wasn’t the manpower available to close main streets, so a route along back streets was necessary if the march was to go ahead at all. Cafferky is sceptical of the police explanation. “It’s all very well having concern for health and safety,” he responds. “Our concern is using planning to block protest.”

He accuses the police and the government of having used legal, bureaucratic and even violent means to block protests. Talking about marches having to defend themselves, he says “if the police set out with the intention of assaulting marches then violence is unavoidable.” He says the police have been known to insert “provocateurs” into marches, which have to be isolated. He also asserts the right of marches to defend themselves when attacked, although this “must be done in a disciplined manner”.

He says he wasn’t present at yesterday’s demonstrations and so can’t comment on the accusations of violence against police. But, he says, there is often provocative behavior on both sides. Rather than reject violence outright, Cafferky argues that there needs to be “clear political understanding of the role of violence” and calls it “counter-productive”.

Demonstration overall, though, he says, is always a useful tool, although “a demonstration is always a means to an end” rather than an end in itself. He mentions other ongoing industrial actions such as the occupation of the Visteon plant in Enfield; 200 fired workers at the factory have been occupying the plant since April 1, and states the solidarity between the youth marchers and the industrial workers.

I also speak briefly with members of the International Bolshevik Tendency, a small group of left-wing activists who have brought some signs to the rally. The Bolsheviks say that, like the Socialists, they’re Trotskyists, but have differences with them on the idea of organization; the International Bolshevik Tendency believes that control of the party representing the working class should be less democratic and instead be in the hands of a team of experts in history and politics. Relations between the two groups are “chilly”, says one.

At 2:30 the march resumes. Rather than proceeding to the ExCel Centre itself, though, it makes its way to a station of London’s Docklands Light Railway; on the way, several of East London’s school-aged youths join the march, and on reaching Canning Town the group is some 300 strong. Proceeding on foot through the borough, the Youth Fight For Jobs reaches the protest site outside the G-20 meeting.

It’s impossible to legally get too close to the conference itself. Police are guarding every approach, and have formed a double cordon between the protest area and the route that motorcades take into and out of the conference venue. Most are un-armed, in the tradition of London police; only a few even carry truncheons. Closer to the building, though, a few machine gun-armed riot police are present, standing out sharply in their black uniforms against the high-visibility yellow vests of the Metropolitan Police. The G-20 conference itself, which started a few hours before the march began, is already winding down, and about a thousand protesters are present.

I see three large groups: the Youth Fight For Jobs avoids going into the center of the protest area, instead staying in their own group at the admonition of the stewards and listening to a series of guest speakers who tell them about current industrial actions and the organization of the Youth Fight’s upcoming rally at UCL. A second group carries the Ogaden National Liberation Front‘s flag and is campaigning for recognition of an autonomous homeland in eastern Ethiopia. Others protesting the Ethiopian government make up the third group; waving old Ethiopian flags, including the Lion of Judah standard of emperor Haile Selassie, they demand that foreign aid to Ethiopia be tied to democratization in that country: “No recovery without democracy”.

A set of abandoned signs tied to bollards indicate that the CND has been here, but has already gone home; they were demanding the abandonment of nuclear weapons. But apart from a handful of individuals with handmade, cardboard signs I see no groups addressing the G-20 meeting itself, other than the Youth Fight For Jobs’ slogans concerning the bailout. But when a motorcade passes, catcalls and jeers are heard.

It’s now 5pm and, after four hours of driving, five hours marching and one hour at the G-20, Cardiff’s Socialists are returning home. I board the bus with them and, navigating slowly through the snarled London traffic, we listen to BBC Radio 4. The news is reporting on the closure of the G-20 conference; while they take time out to mention that Canadian Prime Minister Stephen Harper delayed the traditional group photograph of the G-20’s world leaders because “he was on the loo“, no mention is made of today’s protests. Those listening in the bus are disappointed by the lack of coverage.

Most people on the return trip are tired. Many sleep. Others read the latest issue of The Socialist, the Socialist Party’s newspaper. Mia quietly sings “The Internationale” in Swedish.

Due to the traffic, the journey back to Cardiff will be even longer than the journey to London. Over the objections of a few of its members, the South Welsh participants in the Youth Fight For Jobs stop at a McDonald’s before returning to the M4 and home.

Retrieved from “https://en.wikinews.org/w/index.php?title=G20_protests:_Inside_a_labour_march&oldid=4635185”

byAlma Abell

When someone gets an injury or has some sort of accident, operating to correct that issue is just the first step on the road to recovery. After that comes the rehabilitation stage in order to get the mobility back into your body that you may have lost. By seeking out physical therapy in Massapequa area you can start to get back into living an active lifestyle again.

Why You Need Physical TherapyIn the case of a leg or arms you may have been favoring the opposite appendage. As a result the way you walk or your muscle strength could be diminished and a period of rehabilitation is required. This will help build up muscle strength once more and get your body used to walking correctly again. In the case of arm muscle weakening you can start to regain your grip strength and manual dexterity.

What Is Rehab?There are many different types of rehab treatments available to regain the mobility or strength you’ve lost. Your Doctor will decide on the best course of aftercare treatment based on your physical ability and the type of injury you are recovering from. They could range from working on your cardio, to running or swimming in a pool. There is a physical therapy that will be best suited to help you on the road to recovery.

The Physical Therapy You NeedBHM or Back to Health Medical is comprised of qualified and talented individuals who have experience with providing physical therapy treatments for all types of injuries. Their up to date knowledge is utilized in order to provide their patients with therapy options that will help them get back to a normal level of activity in as little time as possible. Contact them today and let them help you.

31
Aug

Judge jails ‘monstrous’ London serial killer Stephen Port

   Posted by: Admin   in Uncategorized

Sunday, November 27, 2016

More than a year after he was first charged, a judge on Friday sentenced London serial killer Stephen Port to life imprisonment without parole for four murders and a host of poisoning and sexual offences, calling him “wicked and monstrous”. Port was convicted of the murders on Wednesday.

Chef Port, 41, was first charged on October 18 last year and made his first court appearance the following day. He initially faced four counts of murder and four of “administering a poison with intent to endanger life or inflict grievous bodily harm”. Two days later a provisional trial date was set in April but Port did not end up entering his pleas of not guilty until July 25.

The truth sounded like a lie, so I lied to make it sound like the truth

Delays were caused by post-charge investigations. By then Port was also facing the remaining charges; six more of administering a poison, seven of rape, and four of assault by penetration. These charges involved eight additional [alleged] victims. The poisoning charges were changed to “administering a substance with intent to stupefy / overpower to allow sexual activity” by the time of the trial.

The case revolved around allegations Port drugged, raped, and murdered men at his London flat. The prosecution told jurors Port’s modus operandi was to arrange to meet gay men via Grindr and other gay dating sites, then administer sometimes-lethal overdoses of recreational drug GHB.

Three of the deaths occurred in 2014. Anthony Patrick Walgate, 23, was found dead on June 19, 2014 in Cooke Street. Port lived in Cooke Street. The other three victims were found in the vicinity of St. Margaret’s Church on North Street. Gabriel Kovari, 22, was discovered dead on August 28, 2014. Daniel Whitworth, 21, was found dead the following month on September 20, 2014. Fourth victim Jack Taylor, 25, was found a year later on September 14, 2015.

The Metropolitan Police has referred itself to the Independent Police Complaints Commission (IPCC) concerning what police called “potential vulnerabilities in [our response] to the four deaths.” Police only linked the deaths less than a week before Port’s arrest.

Detectives released security footage of Taylor’s movements, with an officer telling the press “the man captured on CCTV may well be the last person to talk to Jack.” Shortly after Port was charged police again appealed for anybody with knowledge of him “no matter how insignificant” to come forward in what local press called a “highly unusual” move.

The ten male jurors and two women were warned at the opening of the trial to face potentially graphic evidence in “a cool, dispassionate and analytical manner” by Jonathan Rees QC, prosecuting. He told the court Port satisfied his “appetite for penetrating drugged young men”. The case was tried before Mr Justice Openshaw, who sentenced Port on Friday, at the Old Bailey, a famous London courthouse. Port was represented by David Etherington QC.

CCTV of Port and Taylor at Barking Train Station featured in the trial. After exchanging Grindr messages the duo agreed a meet for September 13, 2014; the day prior to Taylor’s body being found. The meeting was set for 3:00 at the station; Port is seen walking to the scene while Taylor arrives in a taxi. By 7:20 Port had blocked Taylor’s Grindr account and later that day deleted his own account.

I just thought he was disgusting and vile. He thought it was fine. He thought it was funny.

A rubbish collector found Taylor’s body, propped up and with his clothing ridden up as if he had been dragged. A bottle and bag of drugs were on his body, as was a syringe.

Port contacted Walgate on website Sleepyboys. Walgate worked as a prostitute and had notified a friend of the planned night “in case I get killed”. Port left the corpse outside his flat before phoning 999. Initially he denied knowing Walgate but later told police Walgate took drugs voluntarily while alone in the flat. Port, who said he “panicked” after returning from work to find Walgate dying, was imprisoned for eight months and released on licence after three in 2015 for lying in the investigation.

The prosecution told jurors Walgate was too cautious to consume drugs and it must have been Port who slipped him GHB, which led to death. Port’s 999 call was played to jurors; he hangs up early after saying he has to go to his parked car and the operator calls back to ask further questions. In the call Port says the man has apparently collapsed, is possibly drunk, and is a stranger to him.

Port was to tell police he slapped the man’s face and heard a “gurgling noise” in response, but a statement from the first paramedic on-scene stated the body was already cold when help arrived. After being alerted to the death by the ambulance service police tracked down Port. Pathologist Olaf Biedrzycki testified at the trial that Walgate’s death was due to GHB overdose, his underwear was both inside out and back to front, his fly was down, and there were fourteen injuries to the body.

Port’s police statement was that he had also propped the man into a sitting position, which was how paramedics found him. He said after ending the call he went to sleep rather than waiting for the ambulance. Walgate’s top was raised suggesting dragging of the body, and there were drugs in a holdall beside the body. After the trial the BBC reported a nearby CCTV camera was not working.

The bodies of both Kovari and Whitworth were found in the same spot as each other in St Margaret’s churchyard, about 500m (1600 feet) from Port’s home, within a month of each other. Both were found by Barbara Denham who testified she walked her dog at least once a day through the area. Like Walgate, both men were found sitting. Like Walgate, a bottle of GHB was with Whitworth’s body. Both of their clothing had again ridden up suggesting dragging. Whitworth was on a blue sheet; Port’s semen was on the sheet, which had come from his flat.

Whitworth’s body bore an apparent suicide note in which he seemed to blame himself for Kovari’s death, saying he had injected Kovari with GHB. The note said he could not confess to police for fear of his family seeing him going to prison. The note said “please do not blame the guy I was with last night, we only had sex and then I left, he knows nothing of what I have done.”

Rees told jurors an expert in handwriting analysis had ruled out Whitworth as the author and found it to be written by Port in what Rees called a “wicked” bid to frame Whitworth. Rees also said Port’s DNA was on the bottle of drugs on Whitworth’s corpse. Police initially accepted the note as genuine and did not investigate further; no effort was made to find who “the guy I was with last night” might be. The note was written on paper traced to Port’s flat, and in a plastic sleeve also traced to the flat.

Rees said the man was Port, the two having met via Fitlads, and that “cruel and manipulative” Port deleted his Fitlads account shortly after the meet. Rees also said Kovari told friends he had found a flat in the Barking area of London five days before he was found dead, alleging this was Port’s flat. Port’s defence was Whitworth had dictated the note to him.

Whitworth’s boyfriend, Ricky Waumsley, told the court Whitworth’s behaviour was inconsistent with guilty or suicidal thoughts. Waumsley also testified Port had never to his knowledge taken recreational drugs aside from experimenting with cannabis during a holiday in Amsterdam.

Katie Impey, a friend of Whitworth, said the deceased’s mother committed suicide and thereafter Whitworth viewed taking one’s own life as “the most selfish thing anyone could ever do, and you should never do it, so I know he didn’t kill himself.” Impey also spoke of the final conversation she had with her friend in which he spoke of a new romantic interest called Gab. “He was really excited. He said ‘I’ve met someone, he’s really artsy, he’s really cute, I don’t know how I’m going to tell Ricky’.”

The trial featured five months of content from a Facebook account named Jon Luck. Port’s computer was used to access the account, and Port admitted he was the user. The account was used to exchange messages with Kovari’s boyfriend Thierry Amodio, with Port pretending to be a Californian student who knew Kovari.

Port, via the Jon Luck account, told Amodio he spent two days with Kovari and that Kovari attended a drugs-fueled orgy with a man named Dan. Amodio was seeking information on his partner’s death; Port wrote “I hope he wasn’t murdered or anything like that as that would be awful.” After Amodio assured him this was unlikely Port replied “Thanks god for that I would hate anyone who could hurt him”.

Around the time of Whitworth’s death Port informed Amodio he had discovered Dan and Kovari had attended a party where young men were raped whilst drugged. Posing as Luck he said he had “been expecting [police] to come to my door any second cuss of my DNA and my messages on [Kovari’s] phone.” When Amodio told Port he’d been visited by police probing Whitworth’s death Port replied “OMG your joking[…] please don’t let them arrest me.”

please do not blame the guy I was with last night, we only had sex and then I left, he knows nothing of what I have done

Port would also press Amodio for information on police investigations and suggested Dan had accidentally killed Kovari with an overdose and then “did same to himself” because he “could not live with the guilt”, an apparent reference to Daniel Whitworth’s death. Amodio tried to get “Jon Luck” to contact police but this was never successful. Port told a neighbour Kovari died of infection in Spain after travelling to join somebody Kovari had met online.

Kovari had in fact moved from Spain to London, having been living with his Spanish boyfriend Thierry Amodio. After initially failing to find a place to live Kovari met John Pape. Pape allowed Kovari to stay with him, which he did for several weeks before securing a rented room with Port in the Barking area of London. Turning down an offer to stay longer, Kovari moved in with Port on August 23, 2014.

The same day Kovari sent another friend a map showing Port’s Cooke St home as his new abode. The next day Port invited friend and neighbour Ryan Edwards to meet Kovari. On August 25 Kovari texted Edwards “Stephen is not a nice person”. The same day Kovari messaged the friend he sent the map to, saying “I’m fine.”

Pape texted Kovari on August 26, asking “Hey, hows it going in Barking?” There was no reply. A text from Edwards to Port the same day asked “How is Gabriel?” Port responded Kovari had already moved out to live with “some soldier guy he had been chatting to online” in the area. The body was found two days later. The corpse was clad in sunglasses and Kovari’s possessions were in two bags beside him.

The first alleged victim to give evidence, a nineteen-year-old student when he encountered Port, told jurors he met Port via Grindr and accepted a glass of wine at Port’s flat. After noticing a bitter taste and sludge at the bottom of the glass, the complainant said he felt ill and upon sipping a second drink containing vodka he “felt so dizzy. I was ricocheting off the walls. The room was tilting.”

The man told the court he fell asleep and awoke naked on his front with Port raping him, describing himself as “half asleep, half aware of what was happening” before passing out again. He said he left the flat after coming round in the morning, still feeling the effects. The witness claimed that while he was considering having sex with Port when he arrived he did not at any stage consent.

The next alleged victim to give evidence, also a student, told the court he met Port via Fitlads. The witness said they met at Port’s flat on several occasions. He said he declined alcohol because he was Muslim but on his fourth visit he accepted a glass of coke. He said swallowing it caused an instant burning sensation like acid, but Port pled ignorance and they met a fifth time. On that occasion Port gave the man what he said was ‘poppers’, and a massage, according to the witness.

The witness said he fell asleep and on waking was given a glass of what Port claimed was water, which instantly knocked him out. “The next thing I remember I was on the floor screaming and shouting. It was like I was going mad.” The witness claimed he was naked and confused, not even recalling his own name.

Port drove the man to nearby Barking Rail Station. The victim was “screaming and shouting” and described Port “kind of dragging me along and holding me up.” Police and ambulance attended, with British Transport Police Constable Alesha Owers testifying Port seemed “worried and jittery” and accepted he had taken meth. Port claimed the man had turned up at his door and Port was helping him get home.

The witness did not give a statement to police, telling the trial he did not want his family to discover the encounters and simply wished to be home. He says on arriving he telephoned Port. “I was shouting at him: ‘What did you give me? What the hell did you give me, because it certainly wasn’t poppers?'[…] I got the impression it was a normal thing what happened to me.”

The witness added he had one final meeting with Port at the accused’s flat. Port, he claimed, apologised to him but still did not say what substance was involved.

He said, ‘I’m going to sit down here for a bit, I’m feeling tired.’

A transgender man in his early twenties told the court he met Port via Facebook and they met for sex because the witness was angry his boyfriend had cheated on him. The man said after consensual sex and drinking he passed out and Port filmed himself raping the complainant.

The witness claimed Port showed off the video the following morning: “I just thought he was disgusting and vile. He thought it was fine. He thought it was funny.” The witness told the court he “felt angry because you don’t carry on having sex with someone when they pass out. I said, ‘you’re disgusting.'”

Another man, now 24, told the court he met Port via Gaydar when he was 16 and grew close to Port as the man had few friends. He said Port pressured him into taking mephedrone and he passed out, wakening to find himself on his back with his legs over Port’s shoulders and Port raping him. He said he returned a week later, at which time Port again gave him mephedrone and raped him, as well as non-consensually injecting drugs into him. He told the court Port was “god in his flat”, someone “you did not argue with”. He told the Old Bailey “I didn’t feel like I was being treated like a person.”

The court was played six homemade sex tapes from Port’s phone, with police and prosecutors alleging they showed Port raping an unconscious 24-year-old man. The six were amongst over 80 sex tapes in total Port had made involving himself. The alleged victim testified that while he and Port had consensual sex and sniffed poppers after meeting via Manhunt he did not consent to any activity in the videos.

At least three other men can be seen or heard in the videos. Port sniffs a bottle in one video and tells an unidentified man “you fuck him”. In another an unidentified voice says “I’ll leave you guys to carry on, I have got work in the morning.” Port then says to a second man “Shall we do more stuff?” “Yeah babe” comes the reply.

Two of the rape charges are sample counts relating to the videos. Sample counts are a method by which prosecutors can try multiple similar crimes based on a single count. Port routinely browsed the Internet for rape-themed pornography.

Stephen Port’s own sister, Sharon Port, was a prosecution witness. She spoke of a conversation with her brother — who smiled when she entered court to testify against him — the day before Slovakian national Kovari’s body was found. Speaking quietly, she said she had rung him and found him “very distressed”; he said there was a corpse in his flat.

Sharon Port testified that the conversation left her with the understanding the pair had been doing drugs together and Kovari expired. She said she urged Stephen Port to alert the police; the following day, she drove from her Essex home to visit him after he became unresponsive to messages. She described her brother as quiet, and saying he had been released on police bail to return in a month or two.

You try to manipulate the evidence to fit the facts as you know them to be and you have done this throughout this case

Kovari’s body was found that day. Sharon Port said Stephen didn’t mention the incident again at the time.

After Rees finished, defence lawyer Etherington questioned her further. During this she added that in March 2015, when he was imprisoned for lies to police after the first death, Stephen told her that the conversation had not referred to a body at all. Instead, he was talking about another man altogether.

Two former partners of Port testified early in the trial. Both said the accused wore a wig to help him feel confident about his appearance, and one further said both would watch ‘twink’ porn together. In the gay community, slender young men are sometimes referred to as twinks. The man also testified Port “never tried any sexual acts I wasn’t happy with.” The court also heard Port was a prostitute and sometimes wore the wig to meet men. Port was said to have called Kovari his “new Slovakian twink flatmate” who was “quite cute, tall and skinny” to friends.

Port’s sister, during her evidence, spoke of a bullied, quiet schoolboy who revealed his sexuality at 26. She said their mother did not approve. She also testified she was wholly unaware of Port’s drug use until the August 2014 phone call and even after did not know which substances were involved.

Port gave evidence in his own defence. Starting on October 27 he spoke of his version of the deaths. He started with the death of Walgate, confirming he offered the student £800 to spend the night with him. Port claimed Walgate visited the bathroom during sex, returning “high and very rampant.” Port testified he was unaware what Walgate had taken but spoke of his own experiences with GHB, which he said “could knock you out” before reawakening aroused. Port said he used it to have “hyper high” sex and in one relationship it was normal for him to have sex with his partner while the latter was unconscious through GHB use.

Port claimed Walgate became unwell and slept at the flat; Port went to work that morning and returned to find the deceased still there and woke that night to discover the “very rigid” body. Port said he “just panicked” when he carried Walgate’s corpse outside to call an ambulance, lying about the circumstances because he was “in shock”.

The next day Port confirmed Kovari shared his flat and said the pair went to a party to take drugs and have sex. He said his “friend” Kovari left early with ‘Dan’.

Port testified he realised weeks later Dan was Daniel Whitworth, whom he had met online. He spoke of Kovari and Whitworth having sex at the party with several onlookers but said he would not be able to find where the party was held and did not know who lived there. He said Kovari and Whitworth went to his flat “to get a bit more privacy”.

Rees asserted Port was “caught out” in a lie. The prosecution claimed Whitworth could be placed in a pub elsewhere when the alleged party happened and Rees said Port’s account amounted to the pair getting “coy and bashful” after public sex. Rees asked Port to explain Whitworth’s presence “in two places at once”. “I’ve no idea. I just know it was as I remember it,” said Port.

Port said Whitworth later recounted to him a story in which Whitworth and Kovari had sex at St Margaret’s. After both passed out, Whitworth claimed he was unable to rouse Kovari and could not revive him.

“He said he panicked. He was going to call an ambulance but did not know what to do, so he left him.” Port said he reassured a worried and guilt-ridden Whitworth and urged him to go to police. Port and Whitworth had sex with drugs at Whitworth’s suggestion, Port said, before Whitworth dictated the suicide note.

“I thought it was just the [drugs] talking and he was just getting his emotions out of his system,” Port told jurors. “I didn’t believe he was actually going to do it. I would have stopped him. I would have done anything to prevent him doing it.” Port said he added the line reading “please do not blame the guy I was with last night.”

one of the most dangerous individuals I’ve encountered

Rees accused Port of manipulating evidence, saying he left a hoodie belonging to Kovari on Whitworth’s body alongside a bottle of GHB. Port countered he only agreed to write the suicide note because Whitworth promised sex in exchange for it. Port testified they did not in fact have sex because Whitworth gave him a drink laced with GHB, causing Port to fall unconscious.

“You are not suggesting he may have drugged you Mr Port?” asked Rees. “You are not suggesting he may have taken advantage of you whilst you were drugged?” Port confirmed this was possible, leading to Rees asking “Why did you raise the suggestion this young man may have raped or sexually assaulted you? Against this dead boy?” Port answered “I wouldn’t have minded if he did.”

“Come on, Mr Port!” Rees retaliated. “That’s not true, is it? You ‘top’ other people, they don’t top you. So you would have minded if he raped you whilst you were unconscious.” Port’s response was “It’s just a shame we didn’t get to do more together.” Rees later said “You just cannot bring yourself to accept the truth of what is going here. To the families. Lie after lie, that’s what’s being played out here in this court.”

He also recounted his time with Taylor. The pair met on Grindr and Port testified Taylor accepted a suggestion to get “mega high”, before the two left for “fresh air” and had “rampant” sex at St Margaret’s. Port described this in detail: “I realised our height difference was quite significant[…] It was a bit of a struggle at first, I had to hold him around the chest. Then we just had sex like that for two hours.”

Port testified he suggested going back to the flat; “He said, ‘I’m going to sit down here for a bit, I’m feeling tired.'” Port said he left around 2:30 in the morning and never saw Taylor again but he was “very much alive” at this point. He testified he left as he had a new job to go to the next day and did not expect anything further as Taylor “was not happy being gay.”

Port spoke of his previous accounts to police, especially his denials of knowing Taylor and Kovari while being uncertain if he knew Whitworth. He said “The truth sounded like a lie, so I lied to make it sound like the truth.” Under cross-examination from Rees, he also admitted his version was hard to accept and appeared as if he was a “determined liar to save your own skin”.

“The essence of it is, you like playing God and manipulating and controlling young men”, Rees told him in front of jurors. “The key to this case is you like penetrating young men who are unconscious. That is at the heart of this case, isn’t it? You try to manipulate the evidence to fit the facts as you know them to be and you have done this throughout this case.”

Rees asked “Do you agree it is never too late to tell the truth? Do you agree it would be a good thing for the families of the four dead men to learn the truth about what happened to them?” Port responded “of course.” After agreeing all four deceased met similar deaths shortly after being in his company, Port was asked “I know it’s very late in the day, Mr Port, would you care to change any part of your account you have given to the jury?” “No,” he replied.

The jury began deliberations on Monday last week, deliberating for over 28 hours. They faced a question of intent. The prosecution had to prove intent to cause very serious harm for a murder conviction. The prosecution case was Port administered GHB in a bid to cause comas, and Walgate’s death at least was likely unexpected. The jury had to decide if a coma met the test; if not, they could convict on alternative charges of manslaughter. The jury unanimously convicted Port of three murders, and by an 11–1 majority of Walgate’s murder.

Port was simultaneously convicted of most other charges and on Wednesday Mr Justice Openshaw informed jurors a 10–2 verdict would be acceptable for the remaining counts. Port was ultimately convicted of all charges against six surviving victims. He was also convicted of offences against a seventh but acquitted of raping him. The jury acquitted him of two rapes relating to an eighth man.

During Port’s trial one of his drug dealers, Peter Hirons, 48, separately pleaded guilty at Snaresbrook Crown Court to supplying ?MDMA, crystal meth, mephedrone, brephedrone, chloromsthcathinone, and GBL, the last being metabolised into GHB when ingested. He also admitted possessing £6,060 of drug-dealing proceeds. He was jailed for two and a half years. Gerald Matovu appeared before Westminster Magistrates’ Court on Thursday, charged with supplying Port with mephedrone and GHB.

If four young well-off women had been murdered in Mayfair, I believe the police would have made a public appeal much sooner and mounted a far more comprehensive investigation

Lead investigator DCI Tim Duffield called Port “one of the most dangerous individuals I’ve encountered”. Victims’ relatives clapped, cheered, and yelled as Port was sentenced.

Police were criticised early in the case after the LGBT website Pink News revealed a friend of Kovari had contacted them after the death. Pink News in turn contacted the Metropolitan Police but received assurances police did not view the death as suspicious. The revelations coincided with the police appeal following Port’s initial charges. “This appeal should have been made in June and August last year after the first two killings”, said human rights activist Peter Tatchell at the time. “If the police had done that, the killer may have been caught and some of these men might still be alive.”

Following murder convictions it was revealed Taylor’s family triggered the homicide investigation themselves after pressuring police. Taylor’s relatives have indicated they intend to sue the police. The IPCC probe is examining possible failings by seventeen officers. In July the IPCC appealed for anybody who raised concerns with police prior to the launch of the murder investigation to contact them, and revealed they had met with London’s LGBT community.

On Wednesday the IPCC reiterated its call for witnesses, revealing seven Metropolitan Police officers had been informed they faced gross misconduct probes and ten more faced less-serious misconduct probes. Officers under investigation rank from constable to inspector. British Transport Police are not under investigation.

IPCC Commissioner Cindy Butts said “It is important we establish whether the police response to the deaths of all four men was thorough and appropriate in the circumstances, including whether discrimination played any part in actions and decisions[…] our investigators are continuing to work hard to scrutinise the police response to the tragic deaths of these four young men.”

Tatchell accused police of “class, gender and sexuality bias” and called the verdict “no compensation for the loss of four young gay men who had their lives, hopes and dreams cut short.” “If four young well-off women had been murdered in Mayfair, I believe the police would have made a public appeal much sooner and mounted a far more comprehensive investigation”, he said on Wednesday. Tatchell said police could have prevented some murders; Taylor’s family agreed. “We do believe Jack would still be here if they had done their job” they said. “The police should be held accountable for Jack’s death. We do understand it’s not them who took Jack’s life, but Stephen Port would have been stopped.”

“This has been an incredibly detailed and wide-ranging inquiry with detectives not only investigating these crimes but providing full support to all the families and victims” said Stuart Cundy, a Metropolitan Police Commander. “Throughout this case we have worked very closely with the LGBT community” he added. Cundy claimed none of the surviving victims had been in touch with police prior to Port facing murder charges.

A Metropolitan Police statement said the force takes “Offences against members of the LGBT community[…] extremely seriously.” The force said it had 900 hate crimes investigators in addition to 150 specialist LGBT officers.

Cundy however acknowledged “potential missed opportunities” to catch Port. He said he has written to the deceaseds’ families, apologising. “I have offered to meet them if they would like to do so, both now and at the conclusion of the IPCC investigation.” He said police were co-operating with the IPCC probe.

When Port was arrested for perverting the course of justice police seized his laptop, but did not examine it. Detectives took advice from homicide specialists but a murder investigation was not launched and Port was released on bail while the Crown Prosecution Service considered charging him. Port murdered Kovari and Whitworth while on bail.

Port’s laptop, when eventually examined, showed Port first looked at Walgate’s escorting ad on June 13, 2014. On the same day he also sought out gay rape pornography. Searches included “sleeping boy”, “unconscious boys”, “drugged and raped”, “taking date rape drug”, “gay teen knocked out raped” and “guy raped and tortured young nude boy”. Friends of Walgate pressed police to examine the laptop, with one alleging police told her it was too expensive.

We can’t rule out the fact there may be other victims out there who suffered at Port’s hands and have yet to come forward

Amodio emailed a detective about the Jon Luck communications. Over several exchanges the detective asked Amodio to get Luck to contact him, but police did not take it upon themselves to trace Luck. Had they done so they would have found Port. Amodio also linked the deaths of Kovari and Whitworth to the earlier death of Walgate, but the detective told him the first death was “nothing about Gabriel or Daniel.”

Whitworth’s death also caused his friends to press police for further action, but police again did not treat the death as suspicious despite seeking advice from homicide specialists. Port’s DNA was on the blanket with Whitworth’s body; police already had his DNA from arresting Port during the Walgate investigation. Police did not trace his movements or investigate the man referred to in the apparent suicide note.

DCI Tony Kirk said to press the two deaths were “unusual and slightly confusing” but not murders. A pathologist found Whitworth had “bruising below both arms in the armpit regions which is unlikely to have been caused accidentally and may have resulted from manual handling of the deceased, most likely prior to death.” At inquest coroner Nadia Persaud recorded open verdicts and advised police to perform additional forensic tests, but this was not done.

Port was finally caught after Taylor’s murder when the victim’s older sisters linked his death to the other three. While pressing police to take action, they learned of CCTV showing Taylor and an unidentified person. Taylor’s sisters convinced police to release the footage in a bid to trace the man; when this was done, another officer recognised Port from the footage. He was arrested and the case became a murder probe.

Police are re-examining a further 58 fatal GHB overdoses from June 2011 to October 2015. “We can’t rule out the fact there may be other victims out there who suffered at Port’s hands and have yet to come forward,” Cundy said. “We would appeal for them to contact us as soon as possible.”

Other articles on Crime and Law
  • 13 August 2021: One person dead, 5 injured in early morning Dorchester shooting
  • 11 August 2021: 4 local government areas in New South Wales, Australia locked down after COVID-19 case
  • 11 August 2021: Australia: AstraZeneca vaccine access expanded by Victorian government
  • 8 August 2021: Ten injured, suspect arrested in Tokyo knife attack
  • 1 August 2021: Australia: Victorian lockdown lifted

 

 

 

 

To write, edit, start or view other crime and law articles, see the crime and law category  
Retrieved from “https://en.wikinews.org/w/index.php?title=Judge_jails_%27monstrous%27_London_serial_killer_Stephen_Port&oldid=4278673”
30
Aug

Wikinews discusses H1N1 with the WHO

   Posted by: Admin   in Uncategorized

Wednesday, March 31, 2010

The World Health Organization (WHO) is a program of the United Nations and a global authority on human health. In an interview with Wikinews, the WHO tells about the current H1N1 pandemic.

The organization’s 93rd update as of March 26, 2010 states 213 countries, territories, and other communities have laboratory-confirmed cases and there have been at least 16,931 confirmed deaths, including 4,653 deaths in Europe and 7,673 in the Americas.

Wikinews reporter Mike Morales talks with Karen Mah, a media relations representative for the WHO, and asks her several questions.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_discusses_H1N1_with_the_WHO&oldid=4629279”
28
Aug

Michelin’s tyre mistake sends US Formula One Grand Prix into farce

   Posted by: Admin   in Uncategorized

Sunday, June 19, 2005

The Indianapolis Formula One Grand Prix descended into farce when just six cars started the race on Sunday. The problem arose when Michelin discovered that its tires were incapable of more than ten laps at race pace.

The first indication of trouble was when the rear left tire of Ralf Schumacher’s Toyota racecar exploded during practice on Friday. Schumacher’s car collided with the track wall while travelling at 300 km/h (approx. 186 miles/h), leaving him shaken but generally unharmed. However, further investigations by Michelin revealed that another ten tires had suffered problems, with one also failing on track.

All the problems occurred on the rear left tire during the two long 90 degree corners leading onto the main straight. The nine degree banking and grooves cut into the surface of the track compounded problems.

It is believed that Michelin may not have properly accounted for the grooves cut into the Indianapolis track to improve grip for Indy cars after the track was resurfaced. Indy cars have smaller down-force generating wings so need more grip from their tires than Formula One cars.

Bridgestone, the other tire manufacturer currently in Formula One, did not have similar problems. It is possible that their US subsidiary, Firestone, who supplied tires for an Indy car race after the resurfacing, may have sent information back to their Formula One tires department in Japan. The three teams running Bridgestone tires – Ferrari, Jordan and Minardi – were therefore able to compete without any safety concerns.

Under FIA racing regulations, the only course of action was for the Michelin runners to withdraw from the race on safety grounds. Rules prevented alternative tires from being flown from France overnight, although Michelin were unsure whether these tires were also affected by the problem.

Drivers and teams had also suggested building a chicane to slow cars down between the corners, but Ferrari opposed the idea, and ultimately the FIA rejected the idea under regulations.

Actually the FIA rules states that the tyres manufacters should provide two sets of tyres for the race. One normal, optimized for performance, and one optimized for safety, to be used when the normal one set could not be used. In this case the safe set was not present.

The 123,000 fans watching from the stands were unaware of the farce unfolding below them until the parade lap before the race.

The fourteen Michelin runners peeled off into the pit lane rather than take up their starting positions on the grid. However, at least one driver, David Coulthard told his team that he was willing to race on the tires in question, had the decision been left up to him.

Fans jeered and booed as they realised what was happening, and a small number began throwing bottles and cans onto the track.

Rubens Barrichello, in a Ferrari, ran over one bottle of water at high speed which exploded in a spray of droplets.

Fans started stamping in the stands on the finish line straight, causing them to shake.

A British ITV filmcrew spoke to some fans. “I paid $85 for three-day ticket. I travelled nine hours from Baltimore to be here. Indy cars wouldn’t do this. NASCAR wouldn’t do this. I’ll never attend a race again – only watch on TV.”

Other fans had travelled from Mexico and Panama to watch the race, and said they wanted refunds.

A Police Captain also talked to ITV, saying he’d never seen fans as angry as this before. If trouble flared, they could call on 400-500 officers from local and state police, Indianapolis Police Department and the FBI under contingency plans.

The race was eventually won by Michael Schumacher from his Ferrari teammate Rubens Barrichello. Jordan’s Tiago Monteiro finished third. Despite what was clearly a one-manufacturer race for the win, both Ferrari drivers did indeed race one another hard, with them almost colliding following Schumacher’s exit from the pit lane after his second pitstop, with Barrichello having to take to the infield to avoid spinning off. Following the race, the two drivers did not speak.

Retrieved from “https://en.wikinews.org/w/index.php?title=Michelin%27s_tyre_mistake_sends_US_Formula_One_Grand_Prix_into_farce&oldid=438483”
28
Aug

Self Certification Mortgages Explained

   Posted by: Admin   in Financial Planning

By Michael Sterios

With the uncertainty of the job market in the UK today, more and more people are turning to working for themselves. While this can be a positive step in that it means you dont answer to anyone but yourself, it can also open up another set of problems. The biggest problem faced can be getting a mortgage with no fixed income or payslip, its more difficult to be accepted. This can be overcome, however, with a self-certification mortgage.

The good news is that more lenders are opening their eyes to the self-employed market, although that shouldnt come as a surprise, with 14% of the UK being self-employed. Despite this, its only in the last few years that lenders have come up with self-certification mortgages. If youre self-employed and you want to buy a house, its worth knowing whats involved and what type of mortgage you can have.

The Differences

The main difference between a standard mortgage and a self-certification one is obviously income, or lack of it. Whereas in a full-time job you have a steady income and either a weekly or monthly payslip, when youre self-employed this changes drastically. Depending on your profession, you could go weeks or even months without any kind of income.

[youtube]http://www.youtube.com/watch?v=BtbfbuFkuE8[/youtube]

This is where lenders traditionally get nervous because you cant guarantee what earnings youll have in any given week, theres the chance that this could affect your ability to pay your mortgage. Because of this, theres less chance of being approved for one or there was, before elf-certification mortgages.

The main difference with these is that youre approved on what you expect to earn, as opposed to physical proof. However, lenders will still want to see some kind of proof of what your average income will be this could be via an accountant if you have one, or invoices and bank statements for the last three years. Although if you can provide details of your income for three years or more, you might even be eligible for a more traditional mortgage.

The Disadvantages

Although they can help self-employed people buy a home, a self-certification mortgage does have a few downsides when compared to a normal mortgage. Much like a bad credit mortgage, it usually involves a higher interest rate, due to you being seen as a potentially bad risk (even if youre earning over six figures a year). This is especially true if youve been trading less than 2 years, when most businesses traditionally fail.

Another disadvantage is that there are still a limited amount of lenders willing to provide these types of mortgage at the moment, compared to the hundreds of lenders for traditional mortgages. On top of this, youll probably have to pay a higher deposit unlike the typical 5% down on a normal mortgage, you can expect to pay as much as 25% of the cost of the house as your deposit.

Despite this, self-certification mortgages are an excellent option for anyone struggling to buy a house because theyre self-employed. With many even offering an option where you can defer payments until your own invoices are paid, theyre ideal for those where income isnt guaranteed to be on time.

About the Author: Visit

ukmortgagesource.co.uk

for up-to-date information on

Self-Certification Mortgages

and other types of

UK Mortgages

Source:

isnare.com

Permanent Link:

isnare.com/?aid=218774&ca=Finances