Corbyn’s Latest Tax-Grab, Stalin-Style

Whilst few of the British reside in castles anymore (apart from our cherished Royal family), property owners of the nation regard their home as hallowed ground. In true socialist style though, Neo-Marxist, Dictator-in-Waiting Corbyn has decided that “what’s yours is mine” and is drooling over a Capital Gains Tax on all PPRs (personal private residences).

No former government has ever had the temerity to stamp on this sacred ground, for fear of an electoral backlash, but evidently there is no stopping this complete buffoon and his audacious tax plans. Continue reading

Ban on Letting Agents’ Fees – boon for the tenant or the clunking fist of needless government interference?

‘The road to servitude is paved with government intentions’ as economist Friedrich Hayek might have said. His prophetic ideas are pertinent today, where we are on the cusp of a government ‘initiative’ to ban letting fees. As always with bureaucratic interference, a busybody’s desire to help the ‘vulnerable’ ends up as the economic version of playing the piano with boxing gloves, where the cure can often be worse than the ailment.

Any ‘fule kno’ that agents in response will simply raise their fees, which are usually around 10%, to landlords. The inevitable consequence will be higher rent levels for impoverished tenants. Continue reading

We have cancelled common sense – Labour Party to ditch Permitted Development Rights

As the presence of a cowpat on a pasture, indicates that there has been a bovine presence, here we have one more reason (as if we need another) to fear the ravages of a Labour Party gaining power at the next Election.

Permitted Development Rights (PDR), brought in by David Cameron’s pseudo-Tory government, was the ‘boil-in-the-bag’ solution to the lack of residential housing, particularly in the Capital.

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