Latest news with #Francesca
Yahoo
3 days ago
- Business
- Yahoo
Is buying with friends the answer to a tough housing market?
Four friends keen to get on the property ladder, but finding prices too steep, clubbed together to buy a home in London. Could this be the future of home ownership? The two couples, now each with a baby, live together in a three-bedroom flat in north-east London. Francesca, Graeme, Sonja and Kieran, all 34, have known each other since school and university, and lived together during the Covid pandemic until the landlord "doubled the rent overnight". From moving in, to house renovations, to the women giving birth four months apart, how is it all working out? Francesca, a musician, says when they all bought the flat together in 2022, she and her partner Graeme would not have been able to afford a suitable place in London on their own. Graeme says they would have been able to afford a property in the £350,000-£400,000 price range - but by bringing all four incomes together, they could afford "a lot more". They ended up paying £650,000. He says "apart from some estate agents being surprised", there were no massive hurdles to overcome to buy as two couples versus a sole couple. They got a floating deed of trust, a legal document that outlines how ownership of a property is divided between joint owners. Rise in non-traditional mortgages The four friends are among a growing number of people with non-traditional mortgages. Some of the UK's biggest lenders have reported trends in people co-buying with friends, siblings and parents. Lloyds Bank said its research found half of young first-time buyers were willing to consider more non-traditional routes to be able to afford a home, while Barclays reported "a strong interest" in non-traditional mortgages this year. Natwest head of mortgages Lloyd Cochrane said the bank was seeing "more and more customers think about different ways of getting on the housing ladder", but there was a need to raise awareness of non-traditional ways to get there. Part of the decision for Francesca, Graeme, Sonja and Kieran was that they wanted to stay close to their workplaces in London. It helped they were already close friends and living together "so it didn't feel like such a big step", Francesca says. "If anything, moving in just the two of us felt like a bigger step." Kieran points out the couples have each been together for a decade, so they were "fairly confident" they would not to split up and "cause havoc". Francesca and Sonja found another bonus, in that they spent a lot of their maternity leave together, which Sonja says "helped in a time that can be really lonely". The two families share groceries, childcare and cooking - splitting all expenses four ways - and their two children get on "like siblings", according to all the parents. The reaction from others has been positive, Kieran says. "Whoever I tell about it, they always think it's a great idea and they like it," he says. "But I do have to preface it with: 'It's not like a commune or anything. It's communal living.'" SpareRoom, a UK-based website that specialises in flat-sharing and finding flatmates, recently conducted a survey on 6,524 flatmates and lodgers in the UK. When asked how they planned to afford a deposit, of those who expected to buy a property, 89% said savings, 44% said they planned to team up with a partner, 25% said with financial help from friends or family, 17% said inheritance, 9% will team up with a sibling or parent, and 6% will team up with a friend. Of the 14% who said they did not expect to be able to buy a property, almost half said it was because their family could not help with a deposit. Things to consider The legal agreement or deed of trust Adam French, consumer expert at Money Facts, said: "What happens if the mortgage cannot be paid, or for example one of you wants to move out? Having all of that crystal clear in writing is really important." Credit scores Mr French said it was important to be "really transparent" about that one bad credit score or it could bring down the mortgage application. Other costs Insurance and stamp duty will need paying. Having a plan and an agreement in place will help to make sure things go smoothly. Friends Mirko, 37, and Lorenzo, 30, moved from Italy to London more than 10 years ago to work in casinos. After nine years, realising they had spent £160,000 on rent between them, they pooled their salaries and bought a two-bedroom flat in Woolwich for £450,000 with a deposit of £90,000. "We thought... why, instead of paying rent, don't we pay a mortgage?," Mirko says. "We've known each other so long, we trust each other. We can do that." He says the bank told them it was more likely to give a mortgage to friends because "couples are more likely to split up". "The bond you can have with a friend is bigger than a bond you can have in a relationship," Mirko says. Lorenzo adds that "with the money of a two-bedroom flat in London, you can buy a villa with a swimming pool" in big Italian cities like Rome and Mila, and their parents are proud of what they have achieved because they know how expensive London is. Mirko says he would recommend the set-up for "no more than two people" because it is difficult to find friends who think in the same way, but "if you find the right person, I think it's the right solution". 'I see huge value' It has been three years since Sonja, Kieran, Francesca and Graeme moved in together, and the experience, they say, has "really worked" - although Kieron says he would not recommend it to everyone. "You have to be confident with who you're living with and be very open with your finances and your family plans - and have a timeline," he says. Sonja says she could see such an arrangement working throughout different stages of life. "I think there's something sad when your networks narrow. I see huge value for this type of investment in retirement as well," she says. "Who knows what the next stage is for us - whether we'll continue to live together or separate into different homes - but I'd really like to have some element of communal living in my life." Additional reporting by Anna O'Neill Listen to the best of BBC Radio London on Sounds and follow BBC London on Facebook, X and Instagram. Send your story ideas to Similar stories Tips from first-time buyers: 'We bought a £320,000 home aged 25' When will interest rates go down again? Is buying with friends the future of housing? Solve the daily Crossword
BBC News
3 days ago
- Business
- BBC News
Buying a house with friends: 'It's not a commune, it's communal living'
Four friends keen to get on the property ladder, but finding prices too steep, clubbed together to buy a home in London. Could this be the future of home ownership?The two couples, now each with a baby, live together in a three-bedroom flat in north-east Graeme, Sonja and Kieran, all 34, have known each other since school and university, and lived together during the Covid pandemic until the landlord "doubled the rent overnight".From moving in, to house renovations, to the women giving birth four months apart, how is it all working out? Francesca, a musician, says when they all bought the flat together in 2022, she and her partner Graeme would not have been able to afford a suitable place in London on their says they would have been able to afford a property in the £350,000-£400,000 price range - but by bringing all four incomes together, they could afford "a lot more". They ended up paying £650, says "apart from some estate agents being surprised", there were no massive hurdles to overcome to buy as two couples versus a sole got a floating deed of trust, a legal document that outlines how ownership of a property is divided between joint owners. Rise in non-traditional mortgages The four friends are among a growing number of people with non-traditional of the UK's biggest lenders have reported trends in people co-buying with friends, siblings and parents. Lloyds Bank said its research found half of young first-time buyers were willing to consider more non-traditional routes to be able to afford a home, while Barclays reported "a strong interest" in non-traditional mortgages this year. Natwest head of mortgages Lloyd Cochrane said the bank was seeing "more and more customers think about different ways of getting on the housing ladder", but there was a need to raise awareness of non-traditional ways to get there. Part of the decision for Francesca, Graeme, Sonja and Kieran was that they wanted to stay close to their workplaces in helped they were already close friends and living together "so it didn't feel like such a big step", Francesca says."If anything, moving in just the two of us felt like a bigger step."Kieran points out the couples have each been together for a decade, so they were "fairly confident" they would not to split up and "cause havoc".Francesca and Sonja found another bonus, in that they spent a lot of their maternity leave together, which Sonja says "helped in a time that can be really lonely". The two families share groceries, childcare and cooking - splitting all expenses four ways - and their two children get on "like siblings", according to all the reaction from others has been positive, Kieran says."Whoever I tell about it, they always think it's a great idea and they like it," he says. "But I do have to preface it with: 'It's not like a commune or anything. It's communal living.'" SpareRoom, a UK-based website that specialises in flat-sharing and finding flatmates, recently conducted a survey on 6,524 flatmates and lodgers in the asked how they planned to afford a deposit, of those who expected to buy a property, 89% said savings, 44% said they planned to team up with a partner, 25% said with financial help from friends or family, 17% said inheritance, 9% will team up with a sibling or parent, and 6% will team up with a the 14% who said they did not expect to be able to buy a property, almost half said it was because their family could not help with a deposit. Things to considerThe legal agreement or deed of trustAdam French, consumer expert at Money Facts, said: "What happens if the mortgage cannot be paid, or for example one of you wants to move out? Having all of that crystal clear in writing is really important."Credit scoresMr French said it was important to be "really transparent" about that one bad credit score or it could bring down the mortgage costsInsurance and stamp duty will need paying. Having a plan and an agreement in place will help to make sure things go smoothly. Friends Mirko, 37, and Lorenzo, 30, moved from Italy to London more than 10 years ago to work in casinos. After nine years, realising they had spent £160,000 on rent between them, they pooled their salaries and bought a two-bedroom flat in Woolwich for £450,000 with a deposit of £90,000. "We thought... why, instead of paying rent, don't we pay a mortgage?," Mirko says. "We've known each other so long, we trust each other. We can do that."He says the bank told them it was more likely to give a mortgage to friends because "couples are more likely to split up"."The bond you can have with a friend is bigger than a bond you can have in a relationship," Mirko says. Lorenzo adds that "with the money of a two-bedroom flat in London, you can buy a villa with a swimming pool" in big Italian cities like Rome and Mila, and their parents are proud of what they have achieved because they know how expensive London says he would recommend the set-up for "no more than two people" because it is difficult to find friends who think in the same way, but "if you find the right person, I think it's the right solution". 'I see huge value' It has been three years since Sonja, Kieran, Francesca and Graeme moved in together, and the experience, they say, has "really worked" - although Kieron says he would not recommend it to everyone."You have to be confident with who you're living with and be very open with your finances and your family plans - and have a timeline," he says she could see such an arrangement working throughout different stages of life."I think there's something sad when your networks narrow. I see huge value for this type of investment in retirement as well," she says."Who knows what the next stage is for us - whether we'll continue to live together or separate into different homes - but I'd really like to have some element of communal living in my life." Additional reporting by Anna O'Neill
New York Post
3 days ago
- Entertainment
- New York Post
Martin Scorsese's daughter Francesca shares his emotional reaction to first acting Emmy nod for ‘The Studio'
Call it a plot twist: Martin Scorsese is now an Emmy-nominated actor! The Oscar-winning director, 82, received his first-ever Emmy nomination for acting on Tuesday, thanks to his cameo appearance in the Apple TV+ series 'The Studio.' Scorsese was nominated in the outstanding guest actor in a comedy series category alongside Jon Bernthal for 'The Bear' and four fellow 'The Studio' guest stars: Bryan Cranston, Dave Franco, Ron Howard and Anthony Mackie. 7 Scorsese earned his first acting Emmy nomination for his cameo in the Apple TV+ series 'The Studio.' ©Apple TV/Courtesy Everett Collection The acclaimed filmmaker's youngest daughter, Francesca, 25, took to Instagram to share her father's reaction to the news. In one post, Francesca shared a screenshot from a FaceTime call showing the 'Goodfellas' director's emotional reaction to the milestone — face in his hands and all. The younger Scorsese can be seen in the corner of the screen, smiling as she captures the moment. 7 Scorsese's daughter, Francesca, shared his reaction to the news on Instagram. In another post, Francesca shared a photo of her father's fellow nominees, adding confetti over his photo. 'Our little actor 🫶🏻,' she wrote. This isn't the first time Scorsese has made an appearance on his daughter's social media. In fact, he's a regular fixture in Francesca's TikToks. 7 Scorsese has appeared on his daughter's social media in the past. In 2021, the father-daughter duo went viral after Francesca shared a video of Scorsese attempting to guess the names of various feminine products. He shares Francesca with his wife, Helen Morris. He's also father to two older daughters: Cathy Scorsese, 59, whom he shares with first wife, Laraine Marie Brennan, and Domenica Cameron-Scorsese, 48, whom he shares with his second wife, Julia Cameron. 7 Martin Scorsese with two of his daughters, Domenica and Francesca. Getty Images Scorsese appeared as himself in the pilot episode of 'The Studio,' co-created and co-directed by Seth Rogen and Evan Goldberg. The satirical comedy series stars Rogen, 43, as Matt Remick, the newly appointed head of a Hollywood movie studio struggling to navigate industry chaos in pursuit of producing quality films. The cast also includes Catherine O'Hara (Patty Leigh), Ike Barinholtz (Sal Saperstein), Chase Sui Wonders (Quinn Hackett) and Kathryn Hahn (Maya Mason). 7 Scorsese appeared as himself in the pilot episode of 'The Studio,' co-created and co-directed by Seth Rogen. ©Apple TV/Courtesy Everett Collection Goldberg told Deadline they specifically wrote the scene for Scorsese. 'To [their] absolute shock and bafflement,' the 'Killers of the Flower Moon' filmmaker said yes, Goldberg said. 'We never FaceTimed with him. We'd never met him until the day he came to shoot,' Goldberg told the outlet. 'He just liked the script and agreed based on the script, which was an absolute miracle.' Rogen, for his part, told Variety that the cameos in the show 'had to all be people that served a very specific role in the stories.' 7 'Scorsese was literally the first person [we thought of],' Rogen told Variety. Getty Images 'For Scorsese, the role was someone my character would f—ing do anything to work with, who would pound this puzzle piece into a shape that it clearly doesn't belong in just for the opportunity to work with,' he told the outlet. 'At the same time, it had be a person you would believe would make a Jonestown movie.' He added, 'Scorsese was literally the first person [we thought of]. If you're around my age and you grew up loving movies, he's the guy.' Although Scorsese is already a three-time Emmy winner, this marks his first nod in an acting category. 7 Scorsese has a slew of awards to his name. In 2011, he won his first Emmy in the outstanding directing for a drama series category for directing the pilot episode of 'Boardwalk Empire.' The following year, he took home two more Emmys for 'George Harrison: Living in the Material World' in the outstanding nonfiction special and outstanding directing for nonfiction programming categories. 'The Wolf of Wall Street' director also has one Oscar, four BAFTA Awards, three Golden Globes and one Grammy to his name. The 77th Primetime Emmy Awards, hosted by comedian Nate Bargatze, will be held on Sunday, September 14, at Los Angeles' Peacock Theater.
Time of India
4 days ago
- Entertainment
- Time of India
Martin Scorsese's daughter Francesca shares his reaction after receiving first Emmy acting nomination for 'The Studio'
Filmmaker Martin Scorsese received his latest Emmy nomination for acting in the comedy series 'The Studio'. His youngest daughter, Francesca, shared her dad's reaction to the nomination in a social media post, reported People. Francesca Celebrates Her Father's Achievement She shared a series of Instagram Stories posts. In one post, Francesca, 25, shared a photo of the nominees in Martin's category, putting confetti over her father's photo. "Our little actor," she wrote, reported People. Martin was nominated in the Outstanding Guest Actor in a Comedy Series category alongside Jon Bernthal for 'The Bear' and four other 'The Studio' guest stars- Bryan Cranston, Dave Franco, Ron Howard and Anthony Mackiem, as per the outlet. An Emotional Reaction Captured at Home In another post, Francesca shared a screenshot of her father having an emotional reaction to the news. In the picture, Martin can be seen holding his hands over his face, sitting in what appears to be his home office, while Francesca smiles. Martin played himself in the first episode of The Studio. The series, co-created and co-directed by Seth Rogen and Evan Goldberg, took a satirical approach to the Hollywood studio system, featuring numerous A-list guest stars, reported People. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giá vàng đang tăng mạnh trong năm 2025 — Các nhà giao dịch thông minh đã tham gia IC Markets Tìm hiểu thêm Undo "It was all about the stories of the episodes and kind of who served the various storylines, and it was pretty specific for the most part," said Rogen, adding "We would write it to our idealised version of who we could get maybe, and we very often got those people, which was shocking," as per the outlet. He continued, "People in general are pretty cool to make fun of themselves and Hollywood and seem to get the joke, which was nice," reported People. A Special Milestone in Scorsese's Emmy History Scorsese is already a three-time Emmy winner who has received multiple Emmy nominations over the years for his work on nonfiction series, including The Soul of a Man, American Masters, and No Direction Home: Bob Dylan . He won his first Emmy in 2011 for directing an episode of Boardwalk Empire. He won two Emmys in 2012 for the nonfiction special George Harrison : Living in a Material World, one of which was for directing. However, his nominations mark a significant milestone for the filmmaker, who has previously received Emmy recognition but never for acting performances. The 2025 Emmy Awards take place on September 14.
Mint
4 days ago
- Entertainment
- Mint
Martin Scorseses daughter Francesca shares his reaction after receiving first Emmy acting nomination for The Studio
Washington, D.C. [US], July 16 (ANI): Filmmaker Martin Scorsese received his latest Emmy nomination for acting in the comedy series 'The Studio'. His youngest daughter, Francesca, shared her dad's reaction to the nomination in a social media post, reported People. She shared a series of Instagram Stories posts. In one post, Francesca, 25, shared a photo of the nominees in Martin's category, putting confetti over her father's photo. "Our little actor," she wrote, reported People. Martin was nominated in the Outstanding Guest Actor in a Comedy Series category alongside Jon Bernthal for 'The Bear' and four other 'The Studio' guest stars- Bryan Cranston, Dave Franco, Ron Howard and Anthony Mackiem, as per the outlet. In another post, Francesca shared a screenshot of her father having an emotional reaction to the news. In the picture, Martin can be seen holding his hands over his face, sitting in what appears to be his home office, while Francesca smiles. Martin played himself in the first episode of The Studio. The series, co-created and co-directed by Seth Rogen and Evan Goldberg, took a satirical approach to the Hollywood studio system, featuring numerous A-list guest stars, reported People. "It was all about the stories of the episodes and kind of who served the various storylines, and it was pretty specific for the most part," said Rogen, adding "We would write it to our idealised version of who we could get maybe, and we very often got those people, which was shocking," as per the outlet. He continued, "People in general are pretty cool to make fun of themselves and Hollywood and seem to get the joke, which was nice," reported People. Scorsese is already a three-time Emmy winner who has received multiple Emmy nominations over the years for his work on nonfiction series, including The Soul of a Man, American Masters, and No Direction Home: Bob Dylan. He won his first Emmy in 2011 for directing an episode of Boardwalk Empire. He won two Emmys in 2012 for the nonfiction special George Harrison: Living in a Material World, one of which was for directing. However, his nominations mark a significant milestone for the filmmaker, who has previously received Emmy recognition but never for acting performances. The 2025 Emmy Awards take place on September 14, airing live on CBS and streaming live on Paramount beginning at 8 pm. 'The Studio' is streaming on Apple TV , reported People. (ANI)
