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Oil could crash to $10 a barrel, warn investment bank bears
Not just RBS it seems. http://www.telegraph.co.uk/finance/oilprices/12094394/Oil-price-could-fall-to-10-a-barrel-warn-investment-bank-bears.html
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London help-to-buy scheme to launch in February
http://www.theguardian.com/money/2016/jan/12/london-help-to-buy-scheme-launch-in-february Good to see the government addressing the needs of first-time buyers in London also.
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What would encourage you to divest property?
I let out a west London flat that I bought in 1999 and live in a north London house I bought in 2012. I intend if possible never to sell either. Mainly this is because I am thinking multi-generationally. Over the last 60 to 70 years there has never been a time when buying and holding London property for 10 years was a bad…
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Which region do you work/live in
As title..... See what the mix is on the board and if representative of the nation Wales not included limited to 10 options but feel free to post it below PS if you don't work answer the question as which region do you live in
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What contingency plans do you have for the problems ahead of us?
Recent forecasts of economic instability have concerned me greatly. I think we will all experience the hardest times since WW2 within the next 12 to 24 months. I've installed steel shutters on my windows to protect against robbers and looters and I have a safe house in my basement. What will you be doing? Perhaps we could…
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CrickHowell playing the big guy tax game?
Yes (ish), according to a feature on BBC news. There is a program on tomorrow which covers the village of CrickHowell, and how they have been examining adopting the offshore tax practise used by such leviathans as Amazon; Starbucks et al. http://www.bbc.co.uk/news/uk-wales-mid-wales-34800354 Now, they claim they are only…
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Telegraph, LLs losing money each month in ten out of 11 British regions
Including London....http://moneyweek.com/merryns-blog/britons-just-wont-give-up-on-buy-to-let-but-they-really-should/ How on earth can anybody still think BTL is a good idea?
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London property - The reserve capital of the world
http://www.gq-magazine.co.uk/article/tony-parsons-london-capital-world
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You may not be insured against fracking related contamination through flooding
As if there aren't enough good reasons to stop fracking here's another. http://www.independent.co.uk/news/uk/home-news/householders-affected-by-floods-face-insurance-double-whammy-if-they-live-nearby-planned-fracking-a6804476.html
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Economics of extending
This post from another thread caught my interest. I have two questions. I bought a smaller houses than I wanted at a lower price than I could afford, due to my risk averse nature. But it has a fairly large garden, enough to extend down floor outward by 4-6m. This was always my plan but not before I'd got my finances back…
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What will happen to House Price/Demand with new BTL Tax in April?
I'm currently looking for my first home (in Kent), I have seen a few and they seem to be snapped up anywhere from 1 day - 1 week. My question is; is it worth waiting until April (or even Mid Feb, as BTL investors will then not be able to complete in time) to look for a house? Will prices drop or level off? In my chosen…
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Stamp Duty?
Thinking of selling our home this year 2016. Buying new home in the Wiltshire area. budget is £220,000 to £270,000 what would the stamp duty cost me ?? No mortgage needed.
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Danes, Swedes impose new border checks in fresh blow to open-frontier Europe
Migrant crisis exposing flaws in Schengen zone........ Will these checks become permanent? http://www.reuters.com/article/us-europe-migrants-denmark-sweden-idUSKBN0UI17D20160104
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No pension? No home? No wonder. Look at you!
Hey youngsters! No pension? No home? No wonder. Look at you! "if young people want a comfortable retirement, they need to stop spending money on skiing holidays, on fancy kitchen gadgets, designer handbags, on their Louboutins and Manolo Blahniks, and do what their grannies and granddads had to do. They need to stop…
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The Economics of Radiohead
http://ftalphaville.ft.com/2016/01/12/2149845/radioheads-business-style-everything-in-its-right-place/ Requires a free subscription to read on. I find it a fascinating insight into the business of music.
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Can Mary have 3 cakes, eat them and expect a fourth?
Tough times out there it seems. I had to wipe away a tear when reading this harrowing story. http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/12098155/I-have-three-homes-but-all-my-money-goes-on-holidays.-Can-I-retire-at-55-and-send-my-son-to-university.html
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tales of woe from the American Rustbelt
A couple of interesting stories have come out in recent days on how the dire state of the Michigan economy has affected those living there. The state is essentially bankrupt. 1) the city of Flint, town managers decided to save money by changing the city's water supply. Instead of using water from the Great Lakes, as it has…
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generali explain yourself
Or more specifically your signature. I've challenged this before.... but I think we're now at the half way point from when that prediction was made to when it would come true. Even the Mayans will be right eventually so on a time bound basis what is your view on the accuracy of the prediction? Me: I still don't see it.…
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Scrap deposit protection to avoid banking crisis
Thoughts on this? Personally I'm totally against this - and to be honest, I thought many things had already been put into place (they have been talked about lots!) to avoid a banking crisis. However, would you be in favour of this? Would you be happy with no guarantees for your money if it helps avoid a banking crisis?…
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How Much Is Your House Worth ?
A thread for willy waving, fist pumping and groin thrusting :beer:
