Category: Banking Profits

Bad Mortgage Lending and Property Bubbles

For some reason, investing in residential property has often made a fool out of otherwise sensible people (and banks). All too often, they cannot see a bubble until it is about to burst. In this blog post David Lawrenson of www.LettingFocus.com mulls over the wreckage. Every now and then you will read of a banker (or one of their supporters) […]

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Housing Benefit Rate Changes, Bumper Bank Profits and a Grouch

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A colleague at the on line letting agency, Upad sent me this document: http://www.dwp.gov.uk/docs/impacts-of-hb-proposals.pdf which is a government paper looking at the impact of the future changes to the rates of Housing Benefit / Local Housing Allowance. At first glance, it seems to play down the cap effect from what I had understood. A bit wordy but worth a read, […]

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