captainb

Because the risk as calculated by the banks modelling doesn't materially shift between the those levels assuming acceptance. At a guess, if you pass the credit check for a large mortgage in GBP you are screwed whether you borrowed 80% of the LTV or 60% if you lose your job Conversely in either scenario the bank expects to get the full amount back at auction.

Could be a typo and 1,250 a year. It's also a short lease under 80 years, which should be more of a red flag and hence the price.

Why do people transact internationally in USD rather than local currencies in sub Saharan Africa.. erm...

Given they pay their own mortgage by volume of housing transactions they are hardly ever going to say sit tight.

You can always offer. They can say no thanks. No harm to either side aside from the 5 mins it takes.

Meh. Relative to wages makes sense to adjust; adjusting to say it's "cheaper" as price of cheese has skyrocketed is hardly relevant nor helps anyone buy.

No I don't think that but you seem to be under the illusion that most migrants arrive in small boats... Good luck waiting for the rental collapse.

Cool. And in this scenario, there's no increase in rental demand from population growth right? Or people giving up on expensive mortgages and downsizing to rent? I'm going to make a bizarre prediction that new rental supply will continue to suck in increased % of rising wages as supply dwindles against worsening demand. Just like it has over the last couple of years...... Of course it could be solved by the state building an appropriate level of housing to satisfy demand at the lower end rather than HMO etc. Sadly they won't.

Nope but they will push to keep rents high to cover those debts. Which was your original bizarre point... That somehow massive reduction in supply will reduce rents (in the absence of new builds)

Given replacement of the BTL bro is an private equity backed bro, rather than dorris with no mortgage wouldn't bet on it Check out the prices on them. https://uncle.co.uk/elephant-castle/?utm_term=elephant and castle flat&utm_campaign=E%26C+Generic+(London)+-+LMM&utm_source=adwords&utm_medium=ppc&hsa_acc=1900907798&hsa_cam=10093475665&hsa_grp=141799186770&hsa_ad=649847224245&hsa_src=g&hsa_tgt=aud-955415516853:kwd-341785555619&hsa_kw=elephant and castle flat&hsa_mt=p&hsa_net=adwords&hsa_ver=3&gad=1&gclid=CjwKCAjwhJukBhBPEiwAniIcNesVlnEWkGI_xFtu5XqK2M07nQSPBur9lt-a4ox8D8RQewDr4p5ybhoCwx4QAvD_BwE

"Current rental income of £110,976 per annum." If it goes for asking £2.5m that's a gross yield of under 5%, not sure I'd call that a great sell off bargain. More likely a lot of the flats are tiny studios with that level of rent.

There's quite a few large council owned sites (think around Grenfell and others), not all South ken old money. Additionally you will probably find a load are people too posh to open the mail and end up paying with the fine once the secretary finally gets the call that otherwise they goto court.

On the off chance someone takes this seriously, no that's really not the case nor a good idea if you are indeed liable (i.e living in the property on an AST or it's owner in a tenants absence).

Tower Hamlets is in the mix as well. Lots of unfunded promises by a mayor previously convicted of corruption

If you want exposure to a property asset without the hassle of dealing with tenants etc there is always warehouse reits. Something like BBOX or SHED, put in an ISA and the dividend income is tax free. Not financial advice

There never was going to be a trade deal with the states as stated continuingly by those with any knowledge whatsoever on the matter from 2015 onwards. Best route in would be via a 3rd party deal like CPTPP Still awaiting that brexit dividend.

Asda need to be pay for the 2billion or so of debt they have been laden with. Like supporting man utd, you pay extra, and the store/stadium is falling apart as all the money goes to paying off the owners loans

Also gap between where houses are built (all over) and where migrants typically want to live (cities). Hence Manchester, London etc gone Tonto.

People give HMRC far too much credit based around the odd unlucky vat visit. Where normally they just ask to see a few invoices anyway. See huge amounts of vat carrosel fraud, bounce back loan payments to directors, most landlords don't declare the income, "side hussles" etc etc etc They rely on honestly but in a pure cost / benefit analysis you'd be better off just ignoring them.

The 25% off any 6 bottles of wine in Waitrose is a good shout for stock up/voucher use as long as you purchase wines that were decent/reasonably priced at full

Not sure what you mean by secondary taxes.. you would just have income tax set very high and that's it? My point is they are everywhere so claiming that inheritance tax is somehow an outlier by being one is misleading. I'd also get rid of the monarchy in a heartbeat but that's another story. Not really the downtown Abbey types sons had to sell the estates the pay the inheritance taxes and the family silver.

I've been taxed on my salary, if I goto a pub im taxed a second time beer duty, vat etc. Secondary taxation is always there. Not sure I want to go back to the landed gentry crap of the Edwardians. Noting with a £1m allowance it's only that set who it will benefit.

Ireland GDP is meaningless as it's so distorted by large internationals funneling profits through there for tax reasons. I.e. it has very little to do with the Irish economy and a lot to do with how apple and Pfizer etc decide to structure their IP this qr

That and covid. Loads of people who saved though not going out on holiday etc are suddenly realising life is short and they should definitely go on holiday etc this year.

Cobham and around there are same council I believe. Odd helicopter pad round that way