Adam Posen from the MPC suggested capital gains tax and stamp duty should increase in line with inflation. The government wants to put an end to housing boom and bust, is this the way to go?
The average house prices went up for the seventh consecutive month but many economists predicts a drop in 2010. Is this a cause for concern or is this the nature of supply and demand?
We take a look at the annual percentage change in house prices and how this has changed between 2006 and 2009. Remember the overall picture may not be as bad as it seems as we take a closer look at the different regions.
Shocking stats from LV shows that over 1 million Brits at 50+ plans to cash in their properties for extra retirement income. Perhaps if they’d consider building a property portfolio they’d be able to live off their buy to let without having to sell their homes.
Finally, competition is returning in the mortgage market and it’s good news for residential buyers as lenders ease deposit requirements. But what about the buy to let investors?
As always if you have any questions or want a chat about current opportunities call the team on 0207 812 1255.
Brett Alegre-Wood is an award winning and best selling author of The 3+1 Plan and is Founder and Chairman of YPC group.
If you’d like a free copy of his property investment book then simply download a copy at http://www.3plus1plan.com/free
YPC Group is a leading UK property investment education and portfolio building service with offices and clients around the world. They specialise in London and UK new build and off plan property investment.
Call the team on +44 (0)207 812 1255 or http://www.ypc-group.com or http://www.londonpropertyhotspots.com
For more UK property investment tips and London property investment guide, visit Brett’s Blog – http://www.yourpropertyclub.com/educate