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Historic school buildings to be transformed into affordable homes for locals

Historic school buildings to be transformed into affordable homes for locals
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Historic school buildings to be transformed into affordable homes for locals

The two Almshouses in their current state HISTORIC schoolrooms will undergo a £640,000 refurbishment to sympathetically transform them into affordable homes. A partnership between The Matthew Robinson Trust and Broadacres Housing Association will result in two Almshouses built in 1680, along with a former schoolmasters’ house and schoolroom, being remodelled into new, modern homes in Burneston, near Bedale. Work will start later this month and once completed later this year, the homes will be let to people with a connection to the village or surrounding area. The two existing Almshouses and old school room, which are Grade II listed and have been vacant for a while, will undergo an external and internal refurbishment, with a ‘light touch’ approaching being taken to sympathetically repair the fabric of the building.This will create a ‘new’ one-bedroom property alongside the existing one and two-bedroom Almshouse properties within the Grade 2 listed buildings.

How savers get the best short-term fixed saving rates

Share Fixed rate bonds have often been popular with savers as they not only offer a fixed rate for the duration of their term, but also usually offer the best savings rates overall. Indeed, today the top saving rate is available on a five year fixed rate bond, but with saving rates across the charts at record lows, many savers are reluctant to lock into a long-term bond due to future uncertainty and concerns that a rise in inflation will erode their savings. This concern is not unfounded, as the top rate being offered in the fixed bond chart is below the Bank of England’s target inflation rate of 2%. Gatehouse Bank currently pays an expected profit rate of 1.50% AER on its five-year account, which if a saver locked into and the Bank of England meets its target rate of inflation, would result in the saver’s deposit being eroded by inflation.

'We didn't want our pensions invested in anything that was causing harm'

Current accounts This is a good place to start for those looking to make a positive change. If you want to be sure your money isn’t financing fossil fuels or other controversial industries, you may want to consider moving to a bank such as Triodos, which “only lends to organisations that positively affect people’s lives, protect the planet or build strong communities”. The Triodos current account can be operated online and via an app, comes with an eco-friendly contactless debit Mastercard (it is made from a plastic substitute derived from renewable sources) and offers an overdraft of up to £2,000. But a stumbling block for some will be the £3 monthly account fee, or the fact that Triodos doesn’t have any high street branches.

A fund that will give your investments some social impact

© Getty Images/iStockphoto Before environmental, social and governance (ESG) investing came along there was SRI: socially responsible investing. Whereas ESG tries to be many different things, SRI involves investing in local communities, charities, and social enterprises and achieving a direct, measurable impact. You should also, hopefully, make a profit. Big Society Capital, a major player in this sector, estimates that the investable high-impact segment of the UK market will be around £10bn-£15bn by 2025. Perhaps the most prominent securities in this context are retail charity bonds, which are issued by leading charities and listed on the London Stock Exchange.  A blue-chip partner

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