Fintech PR
Renovations ruining relationships: Almost one in five couples consider break up due to home makeover rows
Novuna Personal Finance reveals that a home improvement project has made almost a fifth of homeowners consider parting ways or resulted in a separation
LEEDS, England, Sept. 16, 2024 /PRNewswire/ — Renovating a home is often idealised as a rewarding experience for couples, but a new study reveals a starkly different reality altogether, ruining relationships.
Novuna Personal Finance pinpointed the biggest bugbears within the home as a lack of storage space (32%), outdated kitchens (27%), and cramped bedrooms (19%). As a result, only two fifths (39%) of UK homeowners feel their home is relaxing.
Almost one in five homeowners (19%) admit that home improvement projects have pushed their relationships to the brink, leading to serious consideration of separation or even resulting in an actual breakup. In fact, 1 in 15 (7%) homeowners admitted that renovation disagreements were the final straw that ended the relationship.
This is especially true for younger homeowners, with many biting off more than they can chew when it comes to renovating. A significant, 38% of 25-35 year olds, almost spilt up during their home makeover, with 18% admitting they were unable to reconcile their renovation rows.
Renovations are big undertakings, nevertheless our research revealed that 57%1 of homeowners would take on renovation projects themselves rather than hire a professional, and the added the stress of DIYing could put extra strain on a relationship.
Finances fuel renovation-related rows
Money emerged as the primary fuel for renovation-related arguments (28%), followed closely by clashing priorities (19%) and underestimating the time it takes to complete the work needed (16%).
However, whilst budget is often the main source of tension and compromise, 81% of homeowners agree that the renovation was worth the cost. 14% of homeowners reported fewer arguments after completing a renovation, suggesting that the shared accomplishment can ultimately bring couples closer.
With over half of homeowners (57%) reporting domestic arguments stemming from renovation decisions, it’s no wonder that nearly two-thirds (61%) of home improvement projects in the UK are put on hold as a result.
Compromise is key to keeping the peace (and the relationship)
Over a quarter of respondents (26%) found resolution by meeting in the middle on design elements, with women being slightly more likely to compromise (27% vs. 24% of men). Another 23% compromised on budget. However, a concerning 23% admitted to sweeping the issue under the rug, leaving the work undone and tensions simmering.
Theresa Lindsay, Marketing Director, Novuna Personal Finance; “As house prices continue to rise2, taking on a renovation project can be a great way to get on the housing ladder, and can really transform the way you feel about your home. As our research shows, having realistic goals and a clear budget at the outset is key to reducing tension and maintaining harmony in the home.”
Novuna Personal Finance shares top tips for homeowners to conduct harmonious renovations.
Regions with the biggest break-up and disputes due to renovations
Renovations in London are causing the most heartbreak, with 39% saying they have either almost spilt up or spilt up because of home renovations. Whilst North-West homeowners are the most harmonious.
|
Region |
Proportion of homeowners who have split up (or nearly) due to home renovations |
|
London |
39 % |
|
West Midlands |
25 % |
|
North-East |
21 % |
|
Northern Ireland |
20 % |
|
Yorkshire and the Humber |
17 % |
|
Scotland |
16 % |
|
East Midlands |
16 % |
|
South-East |
15 % |
|
East of England |
15 % |
|
North-West |
14 % |
Notes to editors:
The research was conducted for Novuna Personal Finance by Censuswide among 2,041 homeowners (18+). The data was collected 13.08.24 – 16.08.24.
1 The findings are the result of a YouGov omnibus research study conducted for Novuna Personal Finance from 15.02.24 – 16.02.24. 2,040 UK homeowners aged 23 to 50 were surveyed.
2 Knight Frank, August House Price Forecast
Novuna Consumer Finance
Novuna Consumer Finance is one of the UK’s leading providers of retail point of sale finance and personal loans, lending over £2.3bn to more than a million customers each year.
Novuna Consumer Finance is a trading style of Mitsubishi HC Capital UK PLC, part of Mitsubishi HC Capital Inc., one of the world’s largest and most diversified financial groups, with over 11trn yen (£57bn) of assets.
View original content:https://www.prnewswire.co.uk/news-releases/renovations-ruining-relationships-almost-one-in-five-couples-consider-break-up-due-to-home-makeover-rows-302247966.html
Exclusive collaboration enhances wealth management services with cutting-edge data aggregation and performance reporting tools
NEW YORK, Sept. 19, 2024 /PRNewswire/ — Itaú Private, a leading provider of private banking services, has announced an exclusive partnership with Addepar, a global leader in technology and data solutions for investment professionals. This strategic collaboration grants Itaú Private exclusive access to Addepar’s comprehensive data aggregation and performance reporting platform in Brazil, enhancing the bank’s ability to deliver superior service and investment solutions to its advisors and clients.
Through this partnership, Itaú Private clients will gain access to powerful tools and detailed reports that provide insights into their global wealth—both onshore and offshore—including returns, transactions, historical data, and balances. These capabilities will enable a fully automated and personalized evaluation of each client’s unique financial interests and needs.
“The partnership with Addepar brings a new level of sophistication to the services we offer, allowing us to better align our solutions with each client’s distinct goals,” said Fernando Beyruti, Global Head of Itaú Private Bank. “This initiative also enables us to introduce an advisory model that evaluates clients’ total assets, deepening our relationships and reinforcing our commitment to client-centric services.”
Addepar serves a global client base, providing advanced financial technology solutions to investment professionals across more than 45 countries. The platform currently supports over $6 trillion in assets under management, offering robust data aggregation and performance reporting tools that empower clients to make better decisions and deliver more informed advice.
“We are excited to collaborate with a market leader like Itaú Private, enabling us to bring our advanced financial technology solutions to one of the most dynamic and innovative private banks in the world,” said Peter O’Brien, Global Head of Sales and Partnerships at Addepar. “Together, we are committed to empowering Itaú Private’s advisors with state-of-the-art tools that drive efficiency and deliver exceptional value to clients.”
About Addepar
Addepar is a global technology and data company that empowers investment professionals to deliver precise and informed guidance to their clients. Trusted by hundreds of thousands of users worldwide, Addepar’s platform aggregates portfolio, market, and client data for over $6 trillion in assets. The platform integrates with more than 100 software, data, and service partners, providing a comprehensive solution for a diverse range of firms and use cases. Addepar has a global presence, with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh, and Pune.
About Itaú Private
Itaú Private is a market leader with approximately R$ 880 billion in allocated capital—R$660 billion onshore and R$162 billion offshore (as of March 2024)—and holds around 30% market share in its segment in Brazil, according to data from Anbima. With a team of around 800 employees, including 350 professionals across its international offices in the United States, Portugal, Switzerland, and the Bahamas. Miami is Itaú Private’s international hub that provides clients with wealth management and banking products and services, including portfolio management and personalized advice by experienced investment professionals. In Switzerland, the conglomerate has a bank, and in the Bahamas, a trust management company, which helps to serve clients who have to set up investment structures abroad.
Logo – https://mma.prnewswire.com/media/2299460/Addepar_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/itau-private-partners-with-addepar-to-deliver-a-comprehensive-global-investment-solution-302252593.html
Kroll expands Relativity partnership to deliver advanced data-led insights for compliance, investigations and across the litigation lifecycle
NEW YORK, Sept. 19, 2024 /PRNewswire/ — Kroll, the leading independent provider of global risk and financial advisory solutions, announced today that it has become a Relativity Gold Provider Partner for delivering exceptional client service to its RelativityOne user base.
This recognition underscores Kroll’s commitment to leveraging the capabilities of RelativityOne, Relativity’s SaaS product that manages large volumes of data and quickly identifies key issues during litigation and internal investigations. Kroll’s integrated approach and proficient use of RelativityOne globally provides clients improved accuracy and efficiency on complex investigations and data breaches, and as part of the diligence process for large corporate transactions.
“Reaching the Relativity Gold Partner status demonstrates our commitment to enhancing the discovery market and underlines the quality of service that we offer our clients on highly sensitive critical matters at a global scale,” said Dave Rogers, Managing Director, Cyber Risk at Kroll. “As we continue to invest and upskill our team, our clients will benefit from even deeper expertise, insights and speed.”
A Relativity partner for over a decade with more than 40 Relativity certifications, Kroll notably achieved Contract Review and Cybersecurity competencies as part of its transition to Relativity Gold Provider Partner status.
The Relativity Gold Provider Partner tier is part of the Relativity Partner Program and recognizes organizations that have reached a high bar for experience, customer satisfaction, training and certifications. Provider Partners deliver tailored solutions to clients through partner-licensed deployment of Relativity software and support customers in their use of Relativity solutions.
“Kroll’s new status as a Relativity Gold Provider Partner is a clear reflection of their dedication to fulfilling the vast litigation, privacy and investigation needs of their clients,” said Laurie Usewicz, Chief Partner Officer at Relativity. “The Kroll team has earned this distinction for delivering high-quality, customized support through their use of Relativity solutions.”
For more information on Kroll’s Cyber Risk business, please click here.
About Kroll
As the leading independent provider of risk and financial advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex demands. Kroll’s team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. Learn more at kroll.com.
About Relativity
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product, RelativityOne, manages large volumes of data and quickly identifies key issues during litigation and internal investigations. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Please contact Relativity at [email protected] or visit www.relativity.com for more information.
Logo – https://mma.prnewswire.com/media/478418/4919248/Kroll_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kroll-becomes-relativity-gold-provider-partner-302253166.html
Fintech PR
The Official Opening of Nobu Bangkok at ‘EA’ Rooftop at The Empire, the Announcement of Nobu Residences Bangkok, and the Groundbreaking of The Plaza Athénée Nobu Hotel and Spa Bangkok Were Celebrated with a Special Sake Ceremony
NEW YORK, Sept. 19, 2024 /PRNewswire/ — Nobu Bangkok together with Thailand’s leading integrated lifestyle real-estate group Asset World Corporation (AWC), celebrated its grand opening with a sake ceremony, symbolizing good fortune and the beginning of this exciting new chapter. Located on the 57th and 58th floors and rooftop of The Empire at the heart of Bangkok’s CBD, Nobu Bangkok delivers an extraordinary dining experience, blending the luxurious aesthetics of Thai and Japanese design. Conceptualized by the world-renowned Rockwell Group, the restaurant’s design incorporates intricate carvings and golden hues inspired by Thai temples, juxtaposed with the minimalist elegance of Japanese design, creating a truly unique culinary setting
In an ongoing collaboration with Asset World Corporation, luxury lifestyle brand Nobu Hospitality is proud to announce its first service residential project in Thailand—Nobu Residences Bangkok. This exciting development follows the announcements of Nobu Hotel Bangkok and The Plaza Athénée Nobu Hotel and Spa Bangkok, as well as the official opening of Nobu Bangkok at The Empire. Together, these ventures reinforce Nobu’s expanding presence in the city. Nobu Residences Bangkok will feature 60 exclusive units, available as part of the hotel’s inventory, rather than for individual sale.
Strategically located near the Chao Phraya River, Nobu Residences Bangkok offers unparalleled access to the best the city has to offer. Available for both short and long-term stays, residents will enjoy world-class amenities, including 24/7 concierge service. Residents can also access the hotel’s premium facilities, such as the Nobu Restaurant, a rooftop bar lounge boasting panoramic views of Bangkok’s skyline, a state-of-the-art fitness center, and an exclusive residents’ lounge. The residences are designed with Nobu’s signature attention to detail, blending purposeful design with elevated living.
Adding to the significance of the day, a groundbreaking ceremony was held for The Plaza Athénée Nobu Hotel and Spa Bangkok at its future location, the East Asiatic Heritage Site. This iconic development will be situated in the historic East Asiatic Company (EAC) building, located on the banks of the Chao Phraya River in Bangkok. The building, dating back to 1884, was founded by Danish mariner and entrepreneur Captain Hans Niels Andersen. The Plaza Athénée Nobu Hotel and Spa Bangkok will be twinned with the Plaza Athénée Nobu Hotel & Spa New York, which is currently undergoing renovations to its 145 rooms. Located on 64th Street and Park Avenue in the Upper East Side, New York, this area is renowned for its proximity to Central Park, museums, consulates, and luxury shopping.
Wallapa Traisorat, CEO and President of Asset World Corporation (AWC) commented, “We really appreciate the friendship and partnership we share with the Nobu family and AWC. The celebration of the grand opening of Nobu Bangkok at ‘EA’ Rooftop at The Empire, the new landmark destination of Thailand, brings great happiness to both Thai and international guests to enjoy contemporary Japanese cuisine crafted by legendary Chef Nobu in a spectacular three-story venue, including the rooftop level with breathtaking views of Bangkok. It reinforces our commitment to making Bangkok a sustainable global destination for world-class food, beverage, and lifestyle experiences.
Additionally, AWC is thrilled to deepen our long-term partnership with Nobu Hospitality through the launch of Nobu Hotel Bangkok, the first Nobu hotel with a residential concept in Thailand. Located near the Chao Phraya River, this development offers guests unparalleled luxury, featuring world-class amenities and services. The groundbreaking ceremony for The Plaza Athénée Nobu Hotel and Spa Bangkok at the historic East Asiatic Company building also marks a momentous occasion in our shared journey to create iconic properties that redefine luxury living and enhance Bangkok’s reputation as a premier global destination.”
Trevor Horwell, CEO of Nobu Hospitality, commented, “We are thrilled to expand our partnership with Asset World Corporation and introduce Nobu Residences to Bangkok. With its prime location near the Chao Phraya River, this development offers residents an exceptional lifestyle experience in one of the world’s most dynamic cities. We are excited to operate all elements of the Nobu brand—residences, hotels, and restaurants—in this vibrant market.”
Photo – https://mma.prnewswire.com/media/2509889/NOBU_BANGKOK_SAKE_CEREMONY.jpg
Photo – https://mma.prnewswire.com/media/2509890/GROUNDBREAKING_BANGKOK.jpg
View original content:
-
Fintech PR6 days agoMedius Wins 2024 ISV Partner of the Year Award in Sweden
-
Fintech PR6 days agoMagic Compass Group Launches New Brand and Prop Trading Business
-
Fintech PR6 days agoATFX Connect Launches NDFs
-
Fintech PR7 days agoHTX Announces Strategic Partnership with IBEX to Jointly Promote Global Bitcoin and Lightning Network Applications
-
Fintech PR7 days agoElliott Criticizes the Republic of Korea’s Decision to Continue to Challenge the US $100 Million Arbitral Award at the Expense of Its Citizens
-
Fintech PR6 days agoBingX Lists AgentLayer on Launchpool, Unlocking New Staking Opportunities
-
Fintech PR5 days agoKuCoin Cares Extends up to 10,000 KCS Humanitarian Aid to Typhoon Yagi Victims in Vietnam
-
Fintech PR5 days agoResponse to possible offer announcement by ABC Technologies Inc. (“ABC Technologies”)