Mayor Sadiq Khan’s Plans For London Housing – If He Wins
September 18, 2015
A YouGov poll in August 2015 found that 42% of the public thought Tessa Jowell would be the best Labour Candidate for Mayor, Sadiq Khan was in second place with 21%. But the mayoral candidates are elected by their respective parties. London Labour party members had to vote for party leader and London Mayor on the same ballot paper, so Tessa Jowell’s candidacy was killed off by the same lurch to the left that saw Corbyn’s landslide victory as leader. Sadiq Khan won in the […]
Do you remember the news headlines about interest rates just over a month ago? On 17 July 2015, The Governor of the Bank of England Mark Carney warned the nation that the decision to raise interest rates “will likely come into sharper relief around the turn of the year.” Unemployment figures for July had plateaued at 5.6% and with some sectors claiming they were struggling to recruit, wage rises had crept up to 3%. The current inflation rate of 0.1% has largely reflected falls in […]
The chancellor pulled a number of rabbits out of the hat in his Summer 2015 budget statement. Although many column inches had been dedicated to the loss of buy to let tax ‘perks,’ the landlord community was not expecting the measure to actually materialise. Until April 2017, landlords will be able to set all mortgage finance costs against rental income, but thereafter relief will only be applicable at the basic tax rate, albeit phased in over 4 years. The big questions are who will this […]
I’m always keen to encourage people to research their own buy to let mortgages, but there’s no doubt it can be very daunting. There are a few key concepts you need to understand and I’m going to outline them here for you. First let’s take a quick look at the history of the buy to let mortgage and how it came about.
I was in New York for the general election and had the luxury of watching the results at the leisurely time of 5pm onwards. I was as shocked as everybody else when I heard the broadcasters’ exit poll and watched in amazement as the results unfolded. I suspected that we might find ourselves in a 1992 scenario where Labour support had been overestimated and so I wasn’t totally surprised that the Conservatives were the largest party, though I didn’t expect them to get a small […]