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Boom In Second Homes Is Next Big Thing

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Boom in second homes is next big thing in property

http://news.independent.co.uk/uk/this_brit...ticle308010.ece

Looks like the Independent's having another bad bear day:

"Britons could be about to embark on an unprecedented spree of second home-buying over the next 10 years."

"A report by the Future Foundation forecasts that the market for a country pad or pied-a-terre is set to rise by 24 per cent by 2015"

"The once-fading resort of Southend is also hotly tipped as an investment area because of its 12 per cent house-price growth, proximity to London and high quality of life."

"It is estimated that Britons will be 73 per cent richer over the next 20 years" ... "We are becoming better off and people throughout the UK are beginning to realise that they need more than one home to reflect their lifestyle and meet their needs. They will also realise that they can afford it"

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Increasing demand for 2nd homes in beauty spots was the subject of a Radio 4 piece this morning.

SIPPS being the driver for higher rate tax payers apparently. Bit hairy on the motorway so couldn't give it my full attention. Some bloke reckoned he had a load of people just waiting to pile in in April next year.

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Guest Charlie The Tramp
They will also realise that they can afford it"

How by taking on more debt?

Some bloke reckoned he had a load of people just waiting to pile in in April next year.

Why do lemmings read page one and then ignore the other pages.

My mate living in Spain says many there are trying to pile out.

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The Future Foundation is an Experian company.

"Here we operate as both a strategic consultancy and a think-tank. We take on specific briefs in areas such as forecasting, new product development, future-proofing strategy and market mapping. We also develop thought-leadership programmes that are appropriate, intelligent, innovative and robust. These can be on specific issues or emerging trends, often providing distinctive platforms for communications activity."

Their product is marketing waffle and their customers

may or not believe the waffle that they purchase.

"Thought-leadership programmes".

****ing nonsense.

Edited by justanewbie

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The once-fading resort of Southend is also hotly tipped as an investment area because of its 12 per cent house-price growth, proximity to London and high quality of life."

With ultimate respect to Southend as someone who grew up there, all these new dacha owners should be warned that thay are not jellyfish being washed up on the stoney beaches but used condoms.

Perhaps the journalist has a beach hut to sell on Thorpe Bay beach just along the way.

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http://news.bbc.co.uk/1/hi/uk/4182644.stm

Looks like second-home buyers are going to be getting upto 40% tax back on their second-homes.  So they can use the second-home to boost their pension.

Yes, somehow in the Independent's colourful and enthralling saga of global warming, flash floods, forest fires, indulgent parents, Victorian regeneration, aspirational cohabitants and even terrorism, they didn't quite get round to mentioning SIPPs, did they?

Do you get 40% off shotguns and someone can do us all a favour with Gordon Brown?

:D:D:D

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Spin reported as news...

Whose interest are they serving?

The Future Foundation - Client List

http://www.futurefoundation.net/Client%20list.html

Abbey

AMV/BBDO Hub

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BBC

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olgate Palmolive

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Direct Line

Direct Marketing Association

Defra

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Emap

Five

Guardian Newspapers

HBoS

Hachette Filipacchi

Home Office

Homeowners Friendly Society

HSBC

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Kellogg's

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Lloyds TSB

Lowe Worldwide

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Mirror Group Newspapers

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Prudential

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Standard Life Assurance

St Lukes

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*100th Post!*

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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