-
Are the Torys real Torys?
As a child, I was brought up to consider the conservatives to be about lower taxes, investing in business and about helping people to become entrepreneurial and take chances. As a business owner we'ree being penalised and targeted, taxed and caught up in stupid red tape. The party is trying to hit BTL - whatever your views…
-
can the internet ever become full?
At the moment more and more stuff is being stored everywhere, some gets deleted but most not. At the moment we are getting more and more efficient at storage of data. We are also producing more and more storage so all is good at the moment. However.... In a world of limited resources and at the point where we are at…
-
What value do landlords add/provide?
Renting and Landlords can be separated into time frames. You have short term lets. Anything from a day to 3 months. This group are close to hotels and it needs no explanation why hotels or short term lets are value added You have the medium term lets (furnished or not). Anything from 6 months to 3 years. The majority of…
-
Inflation Soars....
....to 0.1%. Probably no need for an emergency MPC meeting this month. http://www.ons.gov.uk/ons/dcp171780_427182.pdf I still reckon that interest rates will be going up pretty soon, assuming the Fed continues tightening into 2016. Base rates to be neutral should be ~2% at the moment.
-
Housing costs leap by 36% for tenants - while falling 3.2% for owners since the finan
http://www.dailymail.co.uk/property/article-3351288/Housing-costs-leap-36-tenants-falling-3-2-owners-financial-crisis.html Luckily, our good friend Crashy hasn't seen his rent rise for over 12 years. ;)
-
Borrow your deposit
At the cost of affordability you could, if a first time buyer who is renting, borrow the deposit as a personal loan, rather than save for years all the while paying rent Definitely check the effect of affordability before considering
-
Average UK mortgage debt rises - but householders able to cope with debts
The message from the BOE is that the average mortgage debt now stands at £85,000, up £2,000 in the last year. They also state that due to rising incomes and lower inflation households on average can cope with a rise in base rates to 2%. They also reveal that should base rates rise to 2% the share of mortgage holders paying…
-
Great article about the flawed Tory policy of housing supply
http://www.pieria.co.uk/articles/new_build_supply_a_panacea
-
Landlords could be a threat to banks and wider financial stability
I concur with the title. But I guess I ought to write a bit more ;) The screw is yet to be turned just that bit tighter on BTL's, IMHO. Though you do have to question the role of funding for lending and the myriad of other schemes in this "problem".…
-
bloomberg housing-bubble-may-pop-entire-u-k-economy
You may not want to bring this up at any London dinner parties, but there are tentative signs that the bubble in U.K. housing prices that's helped boost the economic recovery by underpinning consumer confidence may be running out of puff.…
-
Who is responsible for the Eurozone crisis?
http://www.independent.co.uk/voices/who-is-responsible-for-the-eurozone-crisis-the-simple-answer-germany-a6771536.html Turns out HAMISH was right, according to The Indie anyway.
-
99p a litre!
It's gotta be done - and I think 99p a litre justifies a thread! So, Morrisons have today announced they are selling petrol at 99.9p a litre, no gimmicks, no strings attached. Purely a psychological thing, but it's a big one. Asda have said they will sell at a special price of 99p a litre over the weekend. I believe Tesco…
-
Global regulators join crackdown on buy-to-let
Bad news continues for the sector. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12043703/Global-regulators-join-crackdown-on-buy-to-let.html
-
UK's economic performance 'very strong
...say our mates at the IMF. Of course, they haven't factored in the 'havoc' the low petrol price might cause :eek: The UK's recent growth, employment progress and deficit reduction have been "strong", the International Monetary Fund (IMF) said. Underlying economic vulnerabilities have been addressed, and steady growth…
-
Wilsons have sold the lot
The Wilsons have allegedly sold all their properties for 250 Million, I'm not convinced it's true though. http://www.kentonline.co.uk/kent-business/county-news/property-tycoons-sell-up-47609/
-
psst ... someone just bought a buy to let empire
For 250 million.
-
Relativity...
You don't need to be Einstein to see the big picture....
-
The Returns from Diversity
I've been looking at gender diversity on boards at work recently and came across the following piece of research today: https://www.msci.com/www/blog-posts/women-on-boards-global-trends/0263383649 Return on equity is a pretty fundamental measure of the success of a company. Wealth Warning: Correlation =/= causation.
-
Bank of Canada would consider setting interest rate below zero
Canada is struggling to emerge froma recession which began earlier this year, and the outlook for it's economy is pretty negative at the moment. Funds (CAD) has already fallen in value relative to USD over the course of the year, so it will continue if the two neighbours start to follow dramatically different monetary…
-
In 70% of England you can buy the average terrace on minimium wage
The Land registry has started splitting its house prices by type. So you can now look up the average price of a flat or a terrace or a semi or a detached and its interesting to note that according to the land registry the average terrace costs NE = £67k NW = £70k Yorkshire and Humber = £78k Three regions home to 15 million…
