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BREAKING NEWS NO 6

Monday 24 March 2014

In these Breaking News bulletins we link to other sites stories
specifically relevant to Democratic Republicanism

All these bulletins will be catalogued on the website
to assist in formulating policy


Peter Kellow, DRP Leader, comments...

Now it's "Naked Gazumping" in Osborne's property boom gone mad

Here is a good explanation of how Osborne has manufactured an pre-election property boom and a sober reflection on forces shaping its future


Moneyweek Monday 24 March 2014

Why the property market could be in trouble after the 2015 election

Newly-built houses © Getty Images
Help to Buy: on borrowed time?

If there was one winner from the Budget,  it seems to have been property.

Chancellor George Osborne has extended part of the ‘Help to Buy’ scheme all the way until 2020.

No wonder. He wants to be as sure as he can that the current property bubble (or recovery, depending on which part of the UK you’re in) lasts until the general election in May.

But I wouldn’t rush out to stick all your newly-freed pension money into buy-to-let.

You see, ‘Help to Buy’ comes in two parts, and the extension does not apply to the most aggressive part of the scheme.

On top of that, Osborne also announced a sting in the tail that could hit central London property hard…

Read full story ......