The prices of narrow boats (with engines) is rising fast !
No council tax.
Unfortunately, most marinas are now having to define their moor-ers as "resident", which means they will then pay some council tax. Many marinas are emptying.....
More boats moored by the side of the canal/river soon.
And the environment agency only allow 2 weeks in any one spot.....but their database only holds ten weeks of data....work it out !
And they use helicopters to check the waterways...
Another agency that needs a serious cropping I think..
well...as someone that works with property...i have not noticed any differance. And yes and sudden influx of property would de-stable the price and lead to a further drop. However it would not mean more sales..and people spending money....fact is more proprty on the market at the moment than there are buyers. With the current cuts and people loseing jobs, the market place is actualy expecting to see a high number of re-possesions over the next 12 months.
And save 250 quid when the buyer will probably pay it to have the info anyway ?
Lenders are asking 25% deposit now.....some higher than that.
And the 3X earnings seem to be back....
If this does cause radical change to the property market as the opening thread suggests, it will be another example of the powers that be not thinking properly about "knock on" implications of actions.
Plim :sad:
I work in property and you can forget doom and gloom. Property is moving particularly investment property, there are always ways of mitigating and rolling over CGT liabilities and the Tories will not want leave a tax which will directly affect their core voter base without a loophole to nip through.
we have a house that will be paid for befor the olympics start....will it be the best time to sell??? cos its the passport to england n lots will not go back home.......