Posts tagged "home owners"

Anne Baxendale
Anne Baxendale

By Anne Baxendale

Into the mainstream: property taxation on the agenda

A key (and much trailed) feature of the Chancellor’s budget today was the introduction of higher stamp duty rates for properties worth more than £2 million. Let’s call it ‘mansion tax lite’. The coalition will also be clamping down on stamp duty avoidance, raising stamp duty even higher for foreign owners of high value homes, and consulting on an annual tax of 15% for certain ‘non-natural persons’ buying mansions. (Non-natural persons is a bit of a funny phrase, … MORE...

Robbie de Santos
Robbie de Santos

By Robbie de Santos

NewBuy: what’s the alternative?

As the hype around the government’s NewBuy scheme rumbles on, it’s worth pausing for a moment to contemplate why owning a home is such a national obsession, and consequently, why politicians always look to home ownership when they want to deliver a package that plays to the aspirations of Middle England.

To my mind, the real question is: what is the alternative to owning a home? For an increasing number of middle-income families their only option is to rent … MORE...

Nicola Hughes
Nicola Hughes

By Nicola Hughes

Held back by housing

A week tomorrow, the Chancellor will unveil the country’s budget, and no doubt George Osborne will be thinking about ways to help out the ‘squeezed middle’. This group, made up of people on less than average wages but not the very poorest, has become a hot political topic.

Housing must be a key part of this debate. The idea of being stuck in the middle is a depressingly familiar story when you think about housing. Want to … MORE...

Nicola Hughes
Nicola Hughes

By Nicola Hughes

From ‘fatally flawed’ to ‘common sense’

Mortgage regulation might not sound like the most exciting topic, but it’s vitally important. The way in which banks lend money has a huge impact on house prices, social mobility, even homelessness.

In recent years the devastating impact reckless lending can have on people’s lives has been all too clear. You have to borrow a lot of money to get a foot on the housing ladder and if you can’t afford to pay it back, you may face losing your … MORE...