geisaver

This was also in the budget Tax advantages on tax advantages!

Now based on the average value of the properties bought instead of the total amount. Minimum 1% For Example: A landlord buying five properties valued at £200,000 each would currently face a tax bill of five percent i.e. £50,000. Being able to choose to pay SDLT in relation to the average property value means that the one percent rate applies, and therefore the final bill is reduced to £10,000. http://nlauk.wordpress.com/2011/03/23/if-at-first-you-don%E2%80%99t-succeed-%E2%80%93-try-try-try-again/

A link to the Allsops catalogue for the Irish auction http://legals.auction.co.uk/irish/april2011/catalogue.pdf It's largely flats. I assume the houses have sold for a lot more in the past but they don't exactly look cheap do they? Lot 26 - 400k Lot 34 - 600k The prices are reserve prices not to exceed - it will be interesting to see what they actually go for.

Doesn't that make the mistake of thinking that bankers care about anything other than themselves? Take such as Fred Goodwin, Andy Hornby, etc. They lent to customers who couldn't pay, they bought rubbish - they got massive pay and perks for doing it. What do they care now? They have only profited from what they did. What is there to discourage the bankers now in their jobs from doing the same? They make so much money in such a short space of time they don't have to "stay alive" in the job for long do they? It seems to me that banks have been blackmailing the government by requesting larger deposits and limiting business loans. If the article I posted on the bankers bonus thread is true about Cameron totally capitulating to the banks then the banks have won and can now lend any amount to anyone - take their massive pay and bonuses then swan off into the sunset when it next goes pear shaped. http://www.telegraph.co.uk/finance/newsbys...st-lending.html

Silver Birch is a non runner but Cerium got in.