Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.
Money Tips Daily Weekend News Roundup 6 July 2019
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:10:00
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Sinopsis
Some of the top finance stories this week: Amazon is 25 years old looks set to dominate the world, although I’ve heard that before with other companies like Facebook. House prices continue to fall in London. According to the nationwide survey house prices in London fell for the eighth consecutive quarter and grows in other parts of countries slowed to just .5%. Earlier this week it was reported that the salary needed to buy the average property in London is now £84,000. This figure also reflects the tight lending policy imposed by the government a few years ago in order to stop another house price boom and bust. Excessive stamp duty does not help the situation This news may be good for buyers and even investors who want to pick up cheap properties. However, stamp duty is a factor. For instance, if you Bought a three bed house or similar price property in London inside zone three or four for £575,000 to £600,000 your stamp duty would be over £34,000. Then look at the yield. If you were able to get