Hitchin Landlord’s £3.5m Tax Bill

Posted 10th February 2020 at 13:06

I am asking Bim Afolami the Conservative MP for Hitchin and Harpenden to remind the Chancellor Sajid Javid and Prime Minster Boris Johnson to use their persuasive skills to highlight and take a more holistic approach and attitude to the private rented sector and tackle issues which affect a Hitchin landlords’ capability and capacity to strategically run an effective buy-to-let business. For the last thirty years, the Government have passed responsibility of housing the masses from...

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Hitchin Homeowners £1,673,458,400 Windfall Since 2014

Posted 10th February 2020 at 13:15

In the latest, and most recently published, set of UK mortgage data (for the month of November 2019) 18,470 pound-for-pound re-mortgages were made (i.e. the borrower went from one rate to another with no additional borrowing). However, since the 1970’s, the British have seen their homes as cash cows and cash machines, with many homeowners re-mortgaging at the end of their mortgage’s introductory term (usually after the initial two, three or five years) to avoid being...

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The Halifax announced in early January that there was a Boris Bounce in the national property market as they stated national property values soared 1.7% in December 2019 - the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). Get the flags out - all hail Boris as the Conservatives gain their landslide general election triumph - the Boris Bounce is...

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