I’m all for certain necessary regulation, whereby orderly business is carried out with a high degree of integrity and due diligence, but often there is a disconnect between over zealous bureaucrats and the need for commerce.
It is quite true, that at one point buying assets in the UK was ‘loose and light’ and un-doubtedly, there was not enough regulation to prevent ‘dirty money’ being exchanged for, say, property in this country. Continue reading
If you speak to any layperson, who is selling, they will talk to you about their fears that if their property is on the market for sale too long, it will go ‘stale’.
It is a real source of anxiety for some sellers – yet it is a complete myth to the cognoscenti of the Industry.
Properties on the market do not ‘go stale’ they are simply overlooked, when they are over-priced. Invariably, serious, potential purchasers are not really interested in how long a property has been marketed for, even though they may seek to try and use this against an owner, where the period has been prolonged, in any negotiation. Continue reading
There is much talk today, in the press, about the consequences of a ‘no deal’ on Brexit, even Dr. Liam Fox has put it down to a 60/40 chance.
The Governor of the Bank of England (BOE), Mr. Carney, has increased Interest Rates, probably because he believes that, on balance, the Brexit deal will happen and therefore, the control of inflation is more important today, than anything else, when the ‘sluice gates open’ on public sector wage increases and their knock on effect on the private sector. Continue reading