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topUKlawyer

Listed below are comments made by topUKlawyer between Saturday, 20th September 2008 and Wednesday, 13th May 2009.

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From unthinkable to unavoidable 1:37pm on 13 May 2009 the second homes question is easy to solve. In future if an MP wishes to obtain London accommodation then the country will buy him or her a modest flat. To be owned by the country rather than the MP. All profits from the sale of the flat would accrue to the country. It could not be sublet.

If a falt was purchased only essetial maintenance would be paid for by a govt regulated company. No furnishings would be allowed other than a basic set limit, receipts to be obtained. Large items such as flat screen TV or sofas would be paid fopr but not become the property of the MP, who woulfd have to account for them at the end of a set period.

There must be many bargain flats available on the open market.

If a flat became vacant for a specific period then the MP would lose the right to live there. This would prevent the MP from abusing the accommodation.
B&B: end of an era 12:16pm on 28 Sep 2008 robert, what you mean is that if there is less of a market for buy to letters to remortgage or refinance then the costs to those mortgagors will shoot up due to lack of competition, which will put more of them in difficulties and might trigger a sale of more buy to lets in a distressed market.
result: more repos.
B&B to be nationalised 07:54am on 28 Sep 2008 as someone else has said above-does this mean the end of the private pension industry-who would pump substantial funds into a pension fund now-and as for putting into bricks and mortar?
cash will be king for the next seven to ten years. save it if you can find somewhere safe!
True cost of the rescue 3:30pm on 20 Sep 2008 Robert Is this US money new money to be printed or old money. And if the banks are not to be penalized fully for their errors in taking risks does this not mean that everyone else is penalized. Is it completely distorting the true market so that once again the speculators will be taking a pot shot again to find out where the real values lie?

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