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New higher stamp duty for BTL/second homes
apologies if already discussed elsewhere. seems like quite a big deal to me? will definitely deter at least some casual BTL interest.
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New CGT rules on disposal of Residential Property Investments
https://www.gov.uk/government/publications/main-tax-announcements-for-autumn-statement-2015/main-tax-announcements-for-autumn-statement-2015
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The hidden small print in the Autumn Statement
http://www.lbc.co.uk/the-disgraceful-autumn-statement-policy-that-will-hit-students-120393 Martin Lewis sticks the boot in and rightly so!;)
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Million Pound Housing on Minimum Wage ?
Just being running the latest government incentives for housing in London, which if I have my calculations correct means in the near future that minimum wagers in London will be able to compete for £1,000,000 properties. e.g. property is worth £1,000,000 Less government discount of 20%, property will be sold for £800,000…
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Please stop moving threads
AS ABOVE more letters
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The economy and the autumn statement
Extra 3% stamp duty on second homes and BTL properties, not a bad move this, it doesn't hurt existing landlords, but it will help future FTB's.
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Boris to the rescue!
Of the babyboomers.... Now, I know we like a good babyboomer thread in these parts, and we haven't had one for a while. Boris Johnson has written in the telegraph that rather than judging babyboomers for all they have...and keep getting, we should look at what they have achieved for our young today. He qualifies this by…
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Autumn Statement - Predictions and results
MSE Official stuff! If you're not already caught up check out our Autumn Statement News stories. Back to mystic_trev's post :) ---- OK - So as no one's started a thread on this, I will! Predictions - Paying NI until 70 if employed. - Salary sacrifice schemes to be axed.
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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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South East more confident of house price rises than ever recorded
http://www.cityam.com/229209/south-east-and-london-these-regions-feel-most-confident-about-house-price-growth-according-to-knight-frank-and-markit-economics
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What is Economics?
In light of some conversation I had recently with the people on here that definitely aren't moderators and definitely aren't described as such for legal reasons so this website can be run cheaply I was wondering what my fellow posters would define as 'economics'...? Is it solely to do with Government finances and the price…
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To boost renewables in the economy....
The title says it all really. Should people with solar panels, who are in receipt of feed in tariff subsidies (paid for by all electricity bill payers), be encouraged onto electricity plans that have 100% generation from renewables or lose their tariff subsidies? Most owners of solar panels have seen a large reduction in…
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The Zombie Broom Apocalypse of Curling
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Coal in power stations to be phased out in the UK within 8-10 years
http://www.worldcoal.com/power/18112015/The-impact-of-the-UK-coal-phase-out-3175/ Not a lot of joined up thinking. Close down all the coal plants within 8-10 years and build gas plants before you close the coal so the lights don't go out. But no one wants to build the gas plants as the government is aiming to have them run…
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Living Wage: our survey says.......
http://www.cipd.co.uk/pressoffice/press-releases/nlw-rf-release-181115.aspx?utm_medium=email&utm_source Impact of Osborne's political ruse.......confusion, higher prices, more productivity, less jobs who knows?
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What would cause negative HPI in London
A lot of discussion around here takes the form of "London prices will never go down because...." Now maybe that is correct but I don't feel I'm learning anything new hearing the same old supply/demand arguments. I'd be interested if a few of you could don your bear hats and describe a scenario in which we see negative HPI…
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How are savings for a house affected in a financial crash?
I'd like to ask this question using a hypothetical example. Say I have ten thousand pounds in savings in my bank, and I want to buy a house costing thirty thousand pounds. A friend is going to lend me the other twenty thousand pounds. As I am arranging this, a financial crash happens, of a similar magnitude to the 2008…
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Why the Opinion Polls Were Wrong
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Thoughts for those that lost their lives in Paris
Vive la democratie !
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30 Years and the african economy is still no better...
http://www.theguardian.com/global-development/2015/oct/15/ethiopia-appeals-international-assistance-food-insecurity What was the point of Band Aid and all other relief efforts when we are just tipping money into a bottomless pit? and yet again here is the west's answer:…