A totally unapologetic David Cameron has announced that if his Party gains power in May, thousands of housing association tenants will be allowed to buy their homes and existing council tenants will also be able to buy certain properties owned by the council.

This was the legacy left by Margaret Thatcher’s initiatives in the 80s and has transformed the lives of a number of people in the less well off sector where properties, that they may have bought for a pittance then, are now worth a small fortune. Continue reading →

I must say that we should never under estimate the great British public’s insatiable appetite for residential property which has continued unabated, certainly since the 80s, and was assisted by Margaret Thatcher’s reforms of council houses thereby releasing many of these into private ownership.

This is in sharp contrast to France or Germany where, instinctively, the Public choose to rent their homes releasing more money for consumer spending, and so, there is no real interest in the appreciation or investment value of private property. Continue reading →

The Tax Laws relating to Non Doms have been around for some 200 years and are a hangover from Colonial times so this is hardly a new fangled ‘tax dodge’ which has been dreamt up by a team of ‘sharp suited accountants’.

The facility of Non Doms has probably been one of the most important reasons why London today is the ‘Greatest City on Earth’ and even in its own right is a major source of foreign earnings and commerce for the UK.
Continue reading →