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General Election 2015: The property market is freaking out

Published on 07/05/2015 By Tomas

  Published by City A.M. on Tuesday, 05 May 2015 by Emma Haslett   The property market is terrified of Labour-led government, one of the UK’s largest property search websites has suggested, thanks to the prospect of falling house prices and rising interest rates. According to Zoopla, Labour’s policies on the housing market, which include […]

Higher property taxes will cool the housing market

Published on 31/10/2014 By Tomas

  Published by MoneyWeek on Monday, 27 October 2014 Merryn Somerset Webb   I have a friend who has been trying to sell a central London flat for eight months. Another has had a large house on the market for six months. They can’t understand why these one-time money machines aren’t selling. What happened to […]

Breakingviews: UK needs a permanent, property-based wealth tax

Published on 30/08/2012 By Tomas

  Published by Reuters on Wednesday, 29 August 2012 By Ian Campbell   The UK deputy prime minister’s call for an emergency wealth tax has a whiff of political opportunism: things are tough, let’s get those fat cats. Yet Nick Clegg is partly right. But a tax on the wealthy needs to be fair and […]

The abolition of stamp duty won’t stabilise the property market

Published on 11/02/2011 By Tomas

Published by City Wire on Friday, 11 February 2011 by Sarah Miloudi   Proposals to scrap stamp duty tax in the UK should bring property into line with other classes of asset – in theory. But the Organisation for Economic Cooperation and Development (OECD) proposition to ditch the tax is unlikely to gain significant traction. […]

Standard & Poor’s warns of wave of house repossessions

Published on 15/09/2010 By Tomas

“Standard & Poor’s ratings agency says planned spending cuts and tax rises may lead to many more house repossessions”   Published on Guardian By Larry Elliott, Monday 9th September 2010   The government’s planned spending cuts and tax rises could trigger a fresh wave of house repossessions as hard-pressed borrowers find it impossible to meet […]

The true cost of the Budget for property investors

Published on 24/06/2010 By Tomas

by Simon Zutshi from Property Investor Network Given the huge Budget deficit that the country is in, I don’t think the new budget is all that Bad! It could be a lot worse. Yes it is a shame that VAT is going up to 20% which is very high but will that extra 2.5% have […]