Brett's Weekly Property News: Are we heading towards one big bank??!!
Brett Alegre-WoodChairman, YPC Group
Hey Guys,
Hello again and welcome to another edition of Weekly Property News!
This week I'll be taking a minute to discuss the UK's next troubled big business - British Airways. It comes as no surprise to me after my recent BA experiences and just goes to show, these days If you're gonna charge a premium price you better be able to back it up with premium service.
As far as recovery goes there's good news and bad this week but what all the top headlines are pointing to is that the HBOS & Lloyds merger was a terrible mistake, for you, for me and for all new build investors.
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We'll take a look at why Brown's latest decision is such a huge kick in the teeth for buy to let investors and how its going to change the face of lending in the UK. Are we heading for one big bank?
Finally, there are 1 million first time buyers waiting for property which just goes to show that the demand is there. It's just confidence that is lacking. The second these people who I call 'the herd' jumps back into that's when we'll start seeing more broad-based recovery!
Live with Passion,
Brett Alegre-Wood
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