Uncommon sense?

A common sense approach to work may not be ideal for YOU. It took me years to realise that corporate work was not suited to my own personality, so the story that has just been posted by Sunil Bali has some resonance for me. Maybe it will for you if you find that you are getting […]

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Budget 2017: does it help first time buyers?

Yesterday, Chancellor Philip Hammond announced that Stamp Duty will be abolished immediately for first-time buyers buying a home of up to £300,000. For properties costing up to £500,000, no stamp duty will be paid on the first 300,000. This is an attractive headline. However when you look at the reality, in many parts of the […]

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Property Redress wants regulation for Rent to Rent properties

The government announced last month that “buy to let” (BTL) landlords will need to register with a redress scheme, as this is already compulsory for all letting and estate agents.  The Property Redress Scheme (PRS) says this should be extended to include “Rent to Rent” businesses. This seems reasonable to me, although presumably the reference […]

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OECD report says many people do not have basic financial knowledge

This is the conclusion made by the OECD, the Organisation for Economic Co-operation and Development in its 2017 report G20/OECD INFE REPORT on ADULT FINANCIAL LITERACY IN G20 COUNTRIES. http://www.oecd.org/daf/fin/financial-education/G20-OECD-INFE-report-adult-financial-literacy-in-G20-countries.pdf Just so you know a bit about the OECD, its mission is ‘to promote policies that will improve the economic and social well-being of people around the […]

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Government consultation states that letting agents must undergo training :-)

Add the chorus “not before time”! A 19 page document has been released today by Department for Communities and Local Government, entitled Mandatory Client Money Protection Schemes for Property Agents. Included in the document is this paragraph; “As announced on 1 October, the Government intends to require that all letting agents must register with an appropriate organisation […]

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Blockchain to deal a body blow to conveyancers

This is an article from the Law Society Gazette. Apparently a dentist in Swansea is the first property buyer in the UK to exchange contracts digitally. The buyer purchased a £700,000 commercial property in Trowbridge in a deal secured by blockchain digital encryption technology. https://www.lawgazette.co.uk/news/blockchain-deal-bodes-ill-for-conveyancers/5063242.article This is brilliant! Congratulations to all those involved. Whilst it […]

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Labour are promising Rent controls

Well, that cuddly, honest uncle Jeremy has stated that he wants to introduce rent controls. Mustn’t have the greedy capitalist landlords making any profit, must we? Hmmm. As a tenant, or especially a student, the thought of rent controls sounds appealing; easier budgetting, no rapid or unfair increases in rent, so landlords can’t take advantage. […]

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