As if we need any further evidence that as close a relationship as the press would have us believe there is between Cameron and Merkel you can never rely on Germany, or Europe, to ever defend Britain’s interests.

Here is the back drop; Europe is burdened with the following caustic mix of liabilities: a lethargic group of borderline recessionary economies, huge debt, low growth, deflation, high long term unemployment, and yet they still have the temerity to talk about our so called ‘overheated’ property market and that we should be initiating by way of a Mansion Tax or raising Council Tax.  What a cheek! Continue reading →

Although Mark Carney took a while to understand the mechanics of the British economy, I think he is certainly starting to understand the dynamics of the property market.  The London residential market is growing by circa 8% but in outer regions of the UK it is far less.

Help-To-Buy has had a substantial political effect but due to its limited scope it has not, in itself, been responsible for ‘stoking up’ a housing bubble at the lower end of the market and, therefore, it should not be prematurely withdrawn in line with certain bellicose comments against it.  It is an excellent initiative and should continue unabated for a while longer at least. Continue reading →

As if the Labour Party is not sufficiently wedded to interfering in markets wait till you hear Ed’s new mantra on control of the rental markets. It would be laughable if he were not so serious about it Continue reading →