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Are family homes an anachronism?
So I have a 4-bedroom house what I live in and a 2-bedroom flat in Zone 2 (just - one stop out from Zone 1). At one point I also owned another 2-bed flat and a studio in Docklands but they were acquired absent-mindedly and then disposed of. Now the rationale for keeping the flat is chiefly that the inflation has been…
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How can banks keep in business with zero IRs?
I can understand the banking crisis worsening, with such low interest rates where does the income come from to keep the banks afloat? Are they relying on repossessing properties in the future?
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The Next Crash
We all know that there will be another crash that will ripple across the planet. I was wondering if anyone had any notions on what it will be ..with perhaps an expected due date. I will predict China and more than likely bad debt. my reasoning might seem a bit out there .But if you have ever been the fan of a football team…
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Need a post Brexit boost? - get the Green Belt shovel ready!
http://www.bbc.co.uk/news/business-38828477 Building 1m homes on the greenbelt wouldn't solve the housing crisis. But it would certainly provide a huge boost to the economy to take up any Brexit slack.
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Good news for landlords RENTS RISING
Posting this for balance: Rents are still rising in the year to February, according to the ONS: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/feb2017 1. Main points * Private rental prices paid by tenants in Great Britain rose by 2.1% in the 12 months to February 2017;…
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On the Breadline on £190k a Year
http://www.telegraph.co.uk/finance/personalfinance/pensions/12000288/We-earn-190k-a-year.-Do-we-need-to-sell-our-flat-to-afford-private-school-fees.html An alternative take on the same problem: http://www.thedailymash.co.uk/news/business/we-earn-190k-a-year-should-we-sell-a-child-so-we-can-buy-another-flat-20151120104033
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The house 'earnings' award goes to ....
http://www.zoopla.co.uk/discover/property-news/house-prices-increase-more-than-earnings-in-a-third-of-uk-areas/?utm_source=content&utm_medium=email&utm_campaign=zoopla-20170318&utm_content=hero&utm_term=find-out-more#PiBXQAqbRcmzZQ7O.97 (AKA Woodgreen)
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Dodging tax by buying a listed building
I understand from the Historic England website that Inheritance tax is payable on the death of an owner or on a gift made within 7 years of death. This may be exempted if the asset falls into one of the following categories: * Objects or collections of objects pre-eminent for their national, scientific, historic or…
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Bank of England leaves monetary policy unchanged
* MPC holds Bank rate at 0.25pc * Maintains government purchases at £435bn * Maintains corporate bond purchases at £10bn No surprise there then! :)
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Inflation up
Any thoughts?
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BBC accused of Brexit bias by more than 70 MPs in open letter
Or put another way, over 570 Mp's don't sign an open letter to the BBC :-) So the Trump undermining of the media (or rather the media he doesn't like) is speading over here. Sad. http://www.independent.co.uk/news/uk/politics/over-70-mps-write-open-letter-to-bbc-accusing-broadcaster-of-bias-a7640756.html
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Which is the worst idea?
Of these 3 corkers?
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House price growth slowest since 2013 - Halifax
The annual rate of growth in UK house prices has slowed to its lowest pace in three and a half years, according to the Halifax. The UK's largest mortgage lender said prices increased by 5.1% in the year to February, the lowest since July 2013. It means the rate of house price inflation has halved in just 11 months. In…
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Omnishambles?
http://www.bbc.co.uk/news/uk-politics-39278968 Plans for NI rises for the self employed dropped?! I along with most on PAYE thought it only fair that a tax loophole was closed but clearly those impacted by a whole £589pa (max) have the ear of the Tory party. I am PAYE but in my mid 40s have maxed out my state pension so…
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Please help save Scotand
I think you need to be resident in Scotland to help with these. Two petitions doing the rounds. First to stop there being another independence referendum (remember the 2014 referendum was "once in a generation") https://petition.parliament.uk/petitions/180642 And the second to call for Nicolar Sturgeon to resign as First…
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Ken Barlow’s Coronation Street home rockets 8,746% in value
Ken Barlow’s Coronation Street home has risen in value by nearly 8,746 per cent since he moved in, estate agents have said. But Ken’s profit is way below what EastEnder Ian Beale could earn. His place on Albert Square, East London, was worth £85,043 when he first appeared in 1985, but is now up to £494,231 — a rise of 481…
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Opinion on affect of living next to a pub?
Hi all I was wondering if anyone can help me with some advice I am looking for: where can I find expert opinion on the affect living adjacent to a pub can have on a house value? (or is anyone willing to be that expert opinion?) I am preparing a case for a Valuation Tribunal and need to find expert opinion to include within…
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Lorry driver: 'I feel like a prisoner in my own lorry'
Who is benefiting from the EU? This story caught my eye today. Free trade seems to be about maximising profit. Rather than allowing people to better themselves. http://www.bbc.co.uk/news/business-39275153
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Unemployment down to 42 year low
http://www.telegraph.co.uk/business/2017/03/15/uk-unemployment-falls-lowest-level-40-years/ :T
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Gina Miller - Annoying
http://news.sky.com/story/gina-miller-says-i-will-take-government-back-to-court-if-it-doesnt-keep-brexit-promise-10801390 (Text removed by MSE Forum Team) it really angers me that remoaners are acting like this, do you really think if the vote went the other way they would have entertained even half of the brexit blocking…