Having bought a leasehold property, you may think you own it. But you don’t, says Merryn Somerset Webb. Your freeholder owns it, and you are entirely at their mercy.
Articles written by Merryn Somerset Webb
Corporations publicly outed as tax dodgers; individuals denied honours. Shaming people into paying their taxes is probably effective, says Merryn Somerset Webb. But the government could go further.
Houses are expensive. But don’t sacrifice your retirement income to get your kids on to the property ladder, says Merryn Somerset Webb.
All bull markets always go on longer than anyone rational thinks they should. This one is no exception, says Merryn Somerset Webb.
The Pensions Regulator could put a stop to the ridiculously high offers made to people transferring out of their defined-benefit pension schemes.
The concentration of market power in the hands of a few big companies worried Adam Smith. It should worry us too, says Merryn Somerset Webb. But it is fixable.
For better or for worse, we need our financial industry, says Merryn Somerset Webb.
If Adam Smith were alive today, the great economist would be left utterly perplexed by the rise and popularity of passive investing, says Merryn Somerset Webb.
For capitalism to thrive, there needs to be a strong shareholder base of ordinary investors, says Merryn Somerset Webb. Taking Tesla private sends the wrong signal.
Hiring a car can be a stressful business, with many hidden costs and sharp practices. Merryn Somerset Webb has some advice to make it a little less fraught.