The dangers of buying a property on a long leasehold instead of a freehold are becoming clearer every day, says Merryn Somerset Webb.
Articles written by Merryn Somerset Webb
It may feel like there is very little value to be found in the markets. But these three new small-cap investment trusts are betting against that, says Merryn Somerset Webb.
If we ever want the UK to have a slightly less dysfunctional property market than the one it has now, the government needs to get rid of Help to Buy, says Merryn Somerset Webb.
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.
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.