One untaxed week. More from disposable
Ghost of Christmas yet to come
Zoopla And Rightmove To Tighten Up Property Listing Guidelines
As others see the UK
"Londonâs status as a magnet for foreign property investment was burnished in the years after the financial crisis by an investor-friendly tax regime and the falling value of the pound. That may be changing". "Investors from the Middle East to Asia have been splurging on London homes, buying everything from multi million-pound mansions to apartments in Battersea and the City of London. Thatâs driving prices beyond the reach of many British buyers and sparking a development surge thatâs increasingly dependent on non-U.K. investors buying homes before theyâre completed". "The tax may also result in falling land values on the fringes of Londonâs prime areas as developers wait to see the taxâs effect". Oh NO!...quick, sell now!
Massive Interest Rate rise...NO
Another non article by the Mail designed to gladden the hearts of its readers as Christmas approaches. Mr Pannell (CML) said the âvast majorityâ of families will cope with âa slow but certain transition to more normal interest ratesâ, but the most vulnerable be crippled by a rise. (who are the vulnerable?...maybe those struggling families living beyond their means?). "(CML) said 59 per cent more agents predict prices âto continue their upward trend rather than fall backâ. happy days for Homeys!
Pensioners forced to sell their mansions
"A scathing report calls for regulators to launch an unprecedented investigation into the "excessive" profits insurers are making from consumers dazed and confused by the retirement market ". Another day, another financial scam/con. Welcome to the UK. "Its report comes amid growing concern at the size of the savings gap in Britain. Figures last week revealed people are withdrawing money from savings accounts at the fastest rate for 40 years because of low returns offered by banks and building societies". (Maybe its because of the rubbish interest rates forced on us by Carney and the Fed).