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Correlation between Unemployment and House Prices
http://www.cityam.com/215859/uk-house-prices-what-effect-does-unemployment-have-cost-home It'd be surprising if demand wasn't higher in areas with high levels of employment than in areas with high unemployment. But interesting to see the figures... If you narrow it down to just the ten areas with highest employment, the…
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Where to invest money
Is property still a good bet vs shares and other investments?
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How will the economy be affected by SNP MPs; will it be for richer or for poorer and
How will the economy be affected by SNP MPs; will it be for richer or for poorer and for whom? Early accounts of the behaviour of SNP MPs have not been portayed them as exemplary and one has to wonder if their contribution will have value to the work which has to be done in Parliament. As yet this is not clear, but it…
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Lease question
If a property is worth 230k and it has a 64 year lease. How much would you imagine renewing the lease would cost ?
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Wilsons not paying mortgages
Hi everyone, I understand that there's a block of flats in Maidstone which is 80% owned by the Wilsons. They haven't been making mortgage payments for a while and the Mortgage Corporation have reprocessed it. The tenants only found out last week and they have to vacate by the end of the month. Not sure how that's going to…
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Wall St. ends lower after Yellen comments fail to inspire
Finally the end of ultra low interest rates is in sight. How long before the volatility impacts the UK. http://www.reuters.com/article/2015/05/22/us-markets-stocks-us-idUSKBN0O71BF20150522
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Osbourne's July budget
I reckon he is going for it big time so the government have time to recover before the next election. Prepare for a thousand cuts .... He seems determined to start asap !
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UK government borrowing falls to £6.8bn in April
The downward trend continues in the right direction as forecast. http://www.bbc.co.uk/news/business-32841016
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How Many Spare Houses Would We Have If ....
... the following were reversed and disallowed: - furreners without legitimate work sent packing - all Universities to provide all student accommodation in purpose-built units - you could only own a 2nd home/holiday home if it'd been in your family for over 10 years (e.g. parents' inheritance of the old family home), or if…
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Even the Torygraph Likes Immigration
http://www.telegraph.co.uk/news/uknews/immigration/11622192/The-unsayable-truth-about-immigration-its-been-a-stunning-success-for-Britain.html
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Garages, beach huts, woods etc
What's your thoughts ?
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Landlords 'earn £5.6bn a year from unsafe homes'
Landlords are making profit from undermining safety! Good job their mates in government will support and protect them from prosecution. They must of breathed a great sigh of relief on May 8th. http://www.bbc.co.uk/news/uk-32815226 …
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Strike threatens to further undermine UK North Sea’s competitive position
Just the news Nic and Alex must have been dreading. http://www.offshoreaberdeen.com/focus/opinion-strike-threatens-to-further-undermine-uk-north-sea-s-competitive-position,offshore-aberdeen
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Which UK area do you think will be the best investment over five years ?
Still london or Bristol or Brighton or where ?
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ONS: + 1.1% MoM +9.6% YoY
http://www.ons.gov.uk/ons/dcp171778_403650.pdf Also of interest....
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House Prices Up Up Up.....The Express.....
House prices soar by £21,000 Buyers' confidence is a contributing factor to soaring house prices The cost of an average family home has leapt by almost 10 per cent from £252,000 to £273,000, official figures showed yesterday. In March alone prices rose by £4,000 and now that uncertainty created by the General Election has…
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When will London burst ?
For you economics experts out there . How can house prices continue to rise whilst the service economy depends upon continued low wage employment ? And whilst key public sector workers aren't paid enough to buy or rent somewhere ? how does this work and where is it all going ?
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PCS boss urges unions to 'fight like never before'
Sounds like Custer Last Stand. As membership declines. http://www.bbc.co.uk/news/business-32804970
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Crossrail
Do you think prices for properties on the crossrail route are already factoring in the fact that transport will be improved by the planned changes? I am looking at the Chadwell Heath area and it seems there is potential for good property growth given current prices.
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Brexit
A new word for the English Language. http://money.cnn.com/2015/05/19/news/companies/deutsche-bank-brexit/ Cameron is about to reap what he has sowed