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TAX BREAKS FOR PREFAB HOMES – LET’S GET BRITAIN BUILDING
18th January 2017I was very interested to read an article in The Times on Saturday 7 January 2017 regarding proposals from the UK Government to give tax breaks for a new generation of prefabricated home manufacturers. This is part of a package to reinvigorate Britain’s failing housing market and to ensure that the government hits its target … Continue reading "TAX BREAKS FOR PREFAB HOMES – LET’S GET BRITAIN BUILDING" -
FURTHER HOTEL DEVELOPMENT IN DUNDEE
16th January 2017I was delighted to hear the recent announcement in relation to the opening of a new Indigo Hotel in Dundee. This significant investment will transform one of Dundee’s mills and will add 96 bedrooms. I understand that work will commence sometime in 2017 with completion expected in the summer of 2018. This investment will breathe … Continue reading "FURTHER HOTEL DEVELOPMENT IN DUNDEE" -
FOXTONS – 2017 REPORT
13th January 2017I was interested to read the statement from Nic Budden, the Chief Executive of Foxtons. Foxtons have just reported that its revenue for the final quarter of 2016 was down by a quarter compared to the same period in 2015 and its total revenue for 2016 is 11% less than the year before. Whilst it … Continue reading "FOXTONS – 2017 REPORT" -
SEASONAL SLOWDOWN WORSE THAN NORMAL?
12th January 2017I was interested to read a recent report on the UK housing market advising that the seasonal slowdown in property supply was much sharper than usual in December. House Simple claims new property listings across the UK were down 46.9% in the month of December. Whilst I am not experiencing this kind of shortfall, December … Continue reading "SEASONAL SLOWDOWN WORSE THAN NORMAL?" -
PROPERTY FACTORING
11th January 2017I was very interested to read an article by Professor Stewart Brymer on the future of property factoring. This is something that I think is very important for improving the quality of flat dwellers lives in relation to less stress regarding common repairs and also the maintenance of common parts such as roof stairwell etc. … Continue reading "PROPERTY FACTORING" -
COME FLY WITH ME – PART II
11th January 2017Readers of my blogs will know that I am a great advocate for the City of Dundee and think that the improvements that are taking place under the guidance of the Council are absolutely wonderful. This includes not only the V&A but also the new railway station, Malmaison, various hotels and other regeneration projects. Like … Continue reading "COME FLY WITH ME – PART II" -
What Goes Up Must Come Down
10th January 2017As Sir Isaac Newton famously said “what goes up must come down”. This applies to everything apart from taxes. This shown by the failed attempt in the 70’s to massively increase the tax burden which had a negative impact on the tax take. It was also shown by Reaganomics in the 80’s when tax came … Continue reading "What Goes Up Must Come Down" -
Property Market Predictions – 2017
9th January 2017Firstly, apologies to the loyal band of readers who have not had a blog since June 2016. This is perhaps a sign of me trying to comprehend a very unusual set of circumstances, also coupled with an increase in activity amongst my client bank. Rest assured, there will be more regular blogs from now on. … Continue reading "Property Market Predictions – 2017" -
DEVELOPMENTS ON THE INCREASE
7th June 2016As stability comes into the property market and normality returns to bank lending, I am noticing an increase in the number of developers that are now actively looking at the market. This is the full range of developers from major nationwide developers to local developers looking at small developments. At this stage in the cycle … Continue reading "DEVELOPMENTS ON THE INCREASE" -
PROPERTY MARKET UPDATE
3rd June 2016The first five months of 2016 have proved to be very interesting. For the first quarter of 2016 new properties coming on the market were approximately 8% down. This was causing an increase in prices and led to me fearing a stagnating market. The introduction of the Additional Dwelling Supplement on the 1st April 2016 … Continue reading "PROPERTY MARKET UPDATE"
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