Property Consulting

The areas most at risk of a second home crackdown!

Holiday let and second home owners, especially in the south of England are most at risk of higher tax bills and guest restrictions after an uproar from locals in tourist hotspots. This means that investors could face heavy losses. Local authorities have been granted the power to double council tax bills on second homes not in use or let out for at least 70 days per year in a bid to deter empty holiday homes in picturesque areas. The predicted areas currently are : North Norfolk, Cornwall, Isle of Wight, Tendring, Bath and North East Somerset. Furthermore, it is noticed tha

Investment, Macro Economics

Major Russian Investment Projects are being sidelined due to sanctions!

Plans to build a massive gold plant have been halted as sanctions against Russia continue to mount. The sharp drop in imports necessary for investment projects is driving what may be Russia's steepest economic decline in three decades.  Western financial and technology sanctions imposed on Russia to punish the Kremlin for its unprovoked invasion of Ukraine have upended Polymetal's plans. Russia's economic output could fall by as much as 7 percent this year and 10 percent next year. Russia has not experienced consecutive years of economic decline since the early 1990s.The p

Property Consulting

Boris Johnson’s plan for 50-year mortgages is outright ‘risky’ and solely aimed at inflating the market:

The Prime Minister that he would be open to encouraging 50-year mortgages with debt potentially being transferred to the next generation are “unhelpful and fail to address the significant, long-term issues in the housing market." New plans would allow family homes and their mortgages to be inherited. The comments suggest that the Prime Minister may be aimed at encouraging greater home ownership but instead have the potential to encourage a short-term boom in the housing market followed by a long-term bust. _______________________ How would you handle the current market

Investment

The Era of New Ideas: Multilateralism, Sustainable trade & Trade Ins

Global trade, which hit a record high of USD 28.5 trillion in 2021, is expected to grow steadily in 2022 and the coming years. Nationalist – as opposed to protectionist – trade policies are likely to continue to dominate. A new multilateralism is likely to take hold. Old forms of multilateralism are likely to fade, while new forms, such as increased regionalism, will drive cross-border trade in new sectors, including predominantly in digitalisation and sustainability. Bilateral, regional, and multiparty trade deals are increasing. Under the new trade paradigm, cross-border

Property Consulting

Property expert in warning after huge rise in number of York holiday lets:

A huge  jump in the number of holiday lets in York, plus a planned Government shake-up of the private rental market, will have a big impact on renters. The private rental sector has had to adjust to significant legislative changes over the last few years such as meeting the minimum energy efficiency standards through to losing the ability to offset interest payments from an income tax perspective. In our experience this has driven many landlords - due to the capital investment required and or the returns that can be achieved - to reconsider owning rental properties with ma

Investment

Finra achieves blockbuster financial year in 2021:

The broker-dealer self-regulator's net income of $218 million was $199 million higher than in 2020, thanks to significant increases in trading fees, investment gains and fines. Operating revenue increased 17.7% in 2021 to $1.3 billion, compared to $1.1 billion in 2020, thanks in part to gyrating markets that produced a 15% increase in trading activity fees, which reached their highest level in more than a decade. Increased market volumes also led to a 10-year high in fixed-income and equity securities trade reporting, and Finra achieved an 84% increase in corporate financi

Investment

People back green investment despite soaring bills

  The Cooperative Bank have noticed that those earning between £20,000 and £25,000 are more likely than average to support investment in green energy even if it adds to the cost of household bills, a new survey has suggested. 63% of those in the earnings bracket think that it is still important to tackle climate change through such measures, even in the face of a cost-of-living crisis. It is clear that climate change is a major concern for UK consumers and a concern that the bank shares. Climate change was the most urgent social and environmental issue for consumers in th

Property Consulting

Ex-Patriots merging properties to get Golden Visa in Dubai:

In April 2022, the UAE visa residency system announced that real estate investors could obtain Golden Visa when purchasing a property worth no less than Dh2 million.  This has encouraged residents in Dubai to invest or merge their properties to reach the milestone to be eligible for long-term residency. Around 35 to 40 per cent of customers merging two properties to reach the Dh2 million milestone to get the Golden Visa. When it comes to top buyers of properties for Golden Visa, it’s mainly Europeans, Africans and nationals of the Commonwealth of Independent States (CIS).

Investment

Cowell calls for £100 million investment!

Cressida Crowell, the outgoing children’s laureate has transformed six primary schools through her Life-changing Libraries initiative, but says a ringfenced fund is needed for lasting impact. Her project resulted in reports of “increased attention, engagement and motivation to learn in the classroom” and improvements in pupils’ writing, “particularly in the use of vocabulary and imagination”. Libraries in schools are not statutory, and research shows that one in eight primary schools has no library space at all. This figure doubles in schools with a higher proportion of ch

Investment

Investment Opportunities during geopolitical ‘turmoil’

A big rule which has been employed for making good investments is being able to be flexible. This can apply in many different scenarios both using a micro and a macro view of an entire region. When geopolitical turmoil affects a country, their currency will depreciate and their imports or exports will be impacted. Commodities like precious metals can be traded via a variety of online platforms, along with spot over-the-counter (OTC) markets, listed exchanges and options. A useful analogy is to consider a country and currency like a large company, and a company’s stock like