Buying a house next to busy road

[unixman]

It doesn't help that foreign corporations are buying up UK land as an investment, to an astounding degree.


Private Eye | Official Site - the UK's number one best-selling news and current affairs magazine, edited by Ian Hislop

Check your post code. Land near me is owned by a company in Mauritius. Including roads and footpaths, "public" landscaped areas and land abutting people's houses.

[AtW]

It doesn't help that foreign corporations are buying up UK land as an investment, to an astounding degree.

Tax it.

Very high tax on unused land.

[BrilloPad]

Tax it.

Very high tax on unused land.

There should be a high tax on all foreigners owning property or land in the UK.

[unixman]

7 small houses in my village were bought by a company registered in the British Virgin Islands for just over £1 million in 2012. Wonder what they have made on that, recently? Does being in the BVI let them escape capital gains?

What's that, you want to buy a small house to live in, you say ?

Perhaps you would like to buy a plot of rough land near the river, again mysteriously bought by a Hong Kong company in 2007. Ironically calls itself "European Property Services". This and other stuff all within a mile of my house.

[AtW]

There should be a high tax on all foreigners owning property or land in the UK.

It already happened with residential property -

"As from 1st April 2013 a company (whether offshore or not) owning UK residential property worth more than £2M must pay an annual charge which is on a sliding scale according to the market value of the property (with no deduction for any debt). There are certain exemptions, for example buy to let properties and the charge does not apply where the company is a nominee for an individual or a trust."

Stamp duty is silly now, especially with 3% extra added from April.

UK is no longer great country for foreign investment.

[unixman]

IMO there should be regulation to prevent large corporations from buying the housing stock simply as a carpetbagging/speculative exorcise. Land and housing is not a commodity in that sense.

[AtW]

IMO there should be regulation to prevent large corporations from buying the housing stock simply as a carpetbagging/speculative exorcise. Land and housing is not a commodity in that sense.

The problem for building is not lack of land, but planning permissions.

There should be more people doing self-builds (financed from mortgage) and building companies should only act as service provider to do the job - building of the house without having a stake in property speculation.

[DimPrawn]

It doesn't help that foreign corporations are buying up UK land as an investment, to an astounding degree.


Private Eye | Official Site - the UK's number one best-selling news and current affairs magazine, edited by Ian Hislop

Check your post code. Land near me is owned by a company in Mauritius. Including roads and footpaths, "public" landscaped areas and land abutting people's houses.

Where I live, huge swathes all round owned by British Virgin Islands companies, including land for new massive housing estate.

We are being sold, acre by acre, to foreign companies in tax havens, with no way of knowing who or what is behind it.....

[vetran]

There should be a high tax on all foreigners owning property or land in the UK.

yeah keep those bloody welsh out

[dx4100]

Yep.

Parents will happily block your drive, double park, park on crossing zig zag lines etc to pick up or drop off their kids.

Everyone I know who lives near a school has or has had problems.

I'm one of them and with my neighbours have taken measures to stop parents bad behaviour.

In our case it helps being in London with parking permits as we have managed to get 3-4 parking attendants out to ticket these parents. 3-4 attendants were needed as parents normally women could get violent.

First the school threatened parents with removal of their kids from the school if they have an altercation with either residents, other motorists or parking attendants. Then 3 years ago the school stated that kids must walk to school otherwise they risk being removed from it. So parents now park where the school can't see them use the car in the morning. In the afternoon they may use the car openly to pick up the kids but now don't double park, don't annoy the residents with inconsiderate parking and give way to other motorists plus only one parking attendant comes out randomly to ticket them.

The school is a COE school, over subscribed and until last year had more infant places than junior places. The latter meant any sign of bad behaviour from a parent or child meant they would have to definitely find another school when they reached junior level. Since all the other schools within walking distance are oversubscribed as well it would mean a much longer journey....

There is no way the schools threats are within the law... You can't remove a child from education based solely on how they travel to the school.