Property collspse

AftonShepherd

Member
Livestock Farmer
Location
East Ayrshire
Won't most of that kind of foreign investment be in commercial property? My company pension was transferred between providers just as Covid started but a small percentage is still with my old provider as those property funds have been frozen since then.
 
Saudis will buy it all. Money just moves around. Still think general prices will decline a bit though. Went to a future subsidy meeting thing the other night and a land agent put up an interesting slide. Showed interest rates from 1800-present day. Average was 7% but last 10 years have been lowest in history. His advice was to fix any long term borrowing.
 

midlandslad

Member
Location
Midlands
Saudis will buy it all. Money just moves around. Still think general prices will decline a bit though. Went to a future subsidy meeting thing the other night and a land agent put up an interesting slide. Showed interest rates from 1800-present day. Average was 7% but last 10 years have been lowest in history. His advice was to fix any long term borrowing.
The problem with fixing now is that the fixed prices will have built in the expectation of future rate rises. Long term fixed will be close if not more than 5%.
 

deere 6600

Member
Mixed Farmer
I bet Rishi's looking at the looming recession and wondering if he can pump house prices a little more. Owners feel richer, get everyone else borrowing more... that's the basis of the UK economy now.
I’ve a few pals in the building trade and they all say the same this upward trend of house prices is unsustainable.the ruskys will get the blame now though
 

GeorgeK

Member
Location
Leicestershire

ewald

Member
Arable Farmer
Location
Mid-Lincs
Saudis will buy it all. Money just moves around. Still think general prices will decline a bit though. Went to a future subsidy meeting thing the other night and a land agent put up an interesting slide. Showed interest rates from 1800-present day. Average was 7% but last 10 years have been lowest in history. His advice was to fix any long term borrowing.
Might this be a time to be a bit more selective about questionable money from foreign countries?
I see that the Saudis executed 81 men on Friday, largest ever number in a single day. Just before the boy Boris is due to fly out and plea for more oil. Bet the executions aren't very high on the agenda......
 
Might this be a time to be a bit more selective about questionable money from foreign countries?
I see that the Saudis executed 81 men on Friday, largest ever number in a single day. Just before the boy Boris is due to fly out and plea for more oil. Bet the executions aren't very high on the agenda......
Don’t you just find that most so called democracies can’t wait to get hold of the dirty money. They are shunning all of putins cronies now but London has been lapping them up for the last 20 years. Disgusting really when you think about it.
 

spin cycle

Member
Location
north norfolk
They're already on the case

every time they do something like that they just make it worse for those at bottom.....a reset on property prices is needed

rishi keeps printing money to keep an increasingly vulnerable service economy afloat when it;d been better to spend on tangible assets.......during pandemic gyms .nail bars, personel trainers and feck knows what else got cash when it'd been better to spend on power generation for example :rolleyes:
 

Make Tax Digital Software Poll

  • Quickbooks

    Votes: 34 16.6%
  • Sage

    Votes: 20 9.8%
  • Xero

    Votes: 95 46.3%
  • Other

    Votes: 56 27.3%

Man fined £300 for bonfire-related waste offences

  • 241
  • 0
Written by William Kellett from Agriland

court-640x360.jpg
A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
Top