Interest rates up 0.5%!

[Citizen's Nephew]

Re: Interest rates up 0.5%!

There is a place as you were indicating in your question for buy to let but the fact its now such a large part of providing housing for this country ......High rents , very poor security of occupation .....is bad news

There are some very socially minded landlords out there . Nothing wrong with using wealth to help others at the same time as developing a business .

Agreed. There should be better protection for private tenants and more properties available for long-term rental contracts. Rolling 12 months is a nightmare for many, especially families.

[Feedback]

Re: Interest rates up 0.5%!

meanwhile.......Exxon Mobil made $18bn in profits in the past three months. Shell and Chevron each made nearly $12bn. Those are all record numbers.

They are wholesalers and not retailers per se.

No one complained when they made record losses in 2020.

They are also taxed at an effective rate of 65% on UK profits.

The taxpayer does well out of their profits, so do pension funds

[Citizen's Nephew]

Re: Interest rates up 0.5%!

They are wholesalers and not retailers per se.

No one complained when they made record losses in 2020.

They are also taxed at an effective rate of 65% on UK profits.

The taxpayer does well out of their profits, so do pension funds

My heart bleeds. Seriously, I'm choked.