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House Price Crash Forum

Robodoc

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About Robodoc

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  1. http://www.bbc.co.uk/newsbeat/article/34804311/im-20-and-i-own-a-250000-four-bed-house Say no to the night out.. and accept the tax payer funded subsidy you mean?
  2. http://www.bbc.co.uk/news/business-34922738 RIP Shame it only affects new entrants though.
  3. http://www.bloomberg.com/news/articles/2015-11-20/china-cracks-64-billion-underground-bank-moving-money-abroad Now to see whether this has any effect on real estate..
  4. I'm already taxed on my residential mortgage. I pay it with money that I've already paid income tax on. We're also in agreement on one thing, stamp duty should be axed and all property owners should have to pay CGT on disposal.
  5. Actually, if you look it is going down. There's some fluctuation in there because the months are of different lengths.
  6. This may depend on when your mortgage provider recalculates your mortgage. It can be as much as yearly, though I was under the impression most lenders these days did it on a daily basis?
  7. I'm not sure I entirely understand how that graph demonstrates there's a speculative bubble. As prices go up, fewer people are moving up the ladder. Areas of the south east you're looking at an extra six figures on mortgage for an extra room, no thanks. It does mean that prices are being set by the tiny number of places that are actually on sale.
  8. Has someone started a counter-petition imploring the government to remove the BTL tax relief entirely? Fairly sure that could muster a significant number of signatures.
  9. Bank of England has been asking for formal powers to regulate Buy to Let mortgages for a while now. http://uk.reuters.com/article/2015/07/08/uk-britain-boe-idUKKCN0PI0S620150708 I guess the Treasury is finally coming around to it. The changes in the last budget could bring forward the risks the BoE warned about a few months back.
  10. Interesting economist article. Thought some of you guys would appreciate it. http://www.economist.com/blogs/economist-explains/2015/07/economist-explains-12
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