Prime Minister McBroon is in a right pickle, having had his clapped-out New Labour saved by an £11M investment from clapped-out, seventies-style Old Stalinists in the Unite trade union, it’s now payback time.
McBroon is using the union’s cash to fight the next election and carry on with his crazy government of the Britain he has ruined. To make sure he toes the Militant Tendency line, Unite has set up a manned desk in Number 10 itself and hired McBroon’s disgraced attack dog publicist, Charlie Whelan, as their “political director”.
For many Over-50s it’s a clear throwback to the Seventies when Labour was controlled by the unions and strike-bound Britain ground to a halt. Only this time around the country owes billions more and the level of corruption is even greater. Cameroons posters show “Cash Gordon” hiding wads of Unite cash behind his back and wearing a pilot’s uniform with his cap badged Unite – even as British Airways fight off the union’s strikers.
Nobody got to vote for McBroon when he claimed the job of Prime Minister, nobody would have, if they’d known he was a stooge of militant trade unionists, back on parade after 30 years licking their wounds in the political wilderness.
Surely no sensible voter will vote for Labour Unite in May…but don’t count on it.
Over 50s are in pole position to quit the Britain that will be awash with soaring taxes, declining services, pensioner penury and aggressive trade unions claiming more desks in Downing Street. Brits approaching retirement can grab their assets and head out to a sunbelt country like Spain and take control of their golden years…
Staying in Britain, they are likely to face a decade of chaos, disorder, strikes and industrial unrest, causing Sterling to sink even lower against the Dollar and Euro and prices and interest rates to soar. Fixed incomes can’t cope with that scenario.
Things might be better if the Cameroons win, but they don’t have a magic wand to undo the knots of public debit that will strangle the future prospects of millions, specifically the Over-50s and pensioners.
There is an alternative... A small investment in a property in Spain can provide a useful bunker as the war of attrition rages in the UK and it can be occupied strategically or full-time.
PropertyInSpain.Net and a group of Spanish banks are planning to launch special deals for Over-50s and pensioners that needs only £25,000 from UK savings to own a two or three bed property worth £100,000 in a good location on a choice of Costas.
The scheme is expected to offer maximum flexibility over the next decade – breadline chaos in Blighty or laid-back, Med lifestyle in Spain…
Showing posts with label over 50s. Show all posts
Showing posts with label over 50s. Show all posts
22 March 2010
13 November 2009
McBroon blunders boost Spanish homes
Countries with the euro are now out of the recession, while the country with the pound remains mired in McBroon fiscal clay and still no sign of recovery.
Blundering McBroon is to blame as he’s agreed to pay more billions in membership fees to the EU and his copy-cat car scrappage scheme gave £400 million to German and French manufacturers. He struts around European events like they should be grateful for his helping hand, but doesn’t get it when they ignore his save the planet schemes. Europeans know how to prioritise, know how to boost their currency, look after their citizens, know how to spell and get each other’s names right.
They are happy to see the McBroons bring Britain to it’s knees and happier still when EU laws allow EU banks to snap up the profitable bits of British banks, leaving the British taxpayer with trillions of bad bank debts.
It was McBroon who allowed the banks to become bloated, offer bloated bonuses and almost wreck what’s left of the Great British Economy. His mistakes will still be being repaid for the next decade or so and it’s the Over-50s who will bear the brunt and consequences.
Moving to Spain is a good option because the banks are safe and secure, the cost of living is lower and the sun shines more often. There are still many bargain properties to be snapped up and years of improved lifestyle to be enjoyed for those thinking about retirement.
So don’t delay, thinking that the Pound will recover its value against the Euro as it won’t; that your UK house value will return to its previous level as seems very unlikely; or that house prices in Spain will continue to drop – they are bottoming out right now.
That McBroon leaves a busted Britain is no reason for sensible citizens to stay and suffer the consequences of life on the breadline. Spain has long been our favourite destination, it’s now looking like it’ll be our favourite home from home from next year…
Blundering McBroon is to blame as he’s agreed to pay more billions in membership fees to the EU and his copy-cat car scrappage scheme gave £400 million to German and French manufacturers. He struts around European events like they should be grateful for his helping hand, but doesn’t get it when they ignore his save the planet schemes. Europeans know how to prioritise, know how to boost their currency, look after their citizens, know how to spell and get each other’s names right.
They are happy to see the McBroons bring Britain to it’s knees and happier still when EU laws allow EU banks to snap up the profitable bits of British banks, leaving the British taxpayer with trillions of bad bank debts.
It was McBroon who allowed the banks to become bloated, offer bloated bonuses and almost wreck what’s left of the Great British Economy. His mistakes will still be being repaid for the next decade or so and it’s the Over-50s who will bear the brunt and consequences.
Moving to Spain is a good option because the banks are safe and secure, the cost of living is lower and the sun shines more often. There are still many bargain properties to be snapped up and years of improved lifestyle to be enjoyed for those thinking about retirement.
So don’t delay, thinking that the Pound will recover its value against the Euro as it won’t; that your UK house value will return to its previous level as seems very unlikely; or that house prices in Spain will continue to drop – they are bottoming out right now.
That McBroon leaves a busted Britain is no reason for sensible citizens to stay and suffer the consequences of life on the breadline. Spain has long been our favourite destination, it’s now looking like it’ll be our favourite home from home from next year…
14 October 2009
Brit buyers miss out on Spanish bargains
British buyers are losing out on the amazing property bargains in Spain as the Dutch show more courage, the Belgians more muscle and even the French recognise a good deal when they see one.
These Euro-zone countries do not have the adverse currency problems of would-be Brit buyers, who now have to recognise that the once mighty Pound is worth just one Euro and is unlikely to do better than this for some years. The McBroon fiscal foul-ups have allowed sterling to decline by 30%, removing the long-held extra buying power when it comes to getting a home in sunny Spain.
But there is still a chance for Brit Over-50s, fed-up with the general decline of the UK, to realise their dream of a full-time or part-time life in Spain. In many cases the current asking prices are showing discounts that more than compensate for the currency exchange losses and with prices bottoming out right now, there is a good chance of an equity gain in future years.
The Spanish property market is bouncing back as the banks sell off their liquidation stock of key ready homes taken from cash-strapped developers in exchange for unpaid bank loans. Spanish families are getting an increasing share because they are on the spot when the best deals come up – like La Caixa bank selling 120 apartments over a weekend and Santander selling 24 properties in a single day.
But the Dutch, Belgians and French have organised themselves and are finishing up with far more bargains than the Brits who seem shell-shocked by the McBroon machinations and its effect on their life plans. They browse the Spanish bank repossessions on specialist websites like PropertyInSpain.Net, make excited inquiries but then, seemingly, decide to wait a bit longer in case the prices drop further.
A bargain costing EUR 100,000 (discounted typically by 30%) needs a cash commitment of EUR 30,000 to cover deposit and buying costs while low interest mortgage payments can be offset by summer rentals if necessary. If the market returns in 3-5 years the recovered equity of 30% equates to the initial buying costs.
That’s the way the other European buyers are seeing the deals and they are enjoying the benefits right now as prices are bottoming out. That might be the signal that gets the Brits off their butts and into the buying fray?
These Euro-zone countries do not have the adverse currency problems of would-be Brit buyers, who now have to recognise that the once mighty Pound is worth just one Euro and is unlikely to do better than this for some years. The McBroon fiscal foul-ups have allowed sterling to decline by 30%, removing the long-held extra buying power when it comes to getting a home in sunny Spain.
But there is still a chance for Brit Over-50s, fed-up with the general decline of the UK, to realise their dream of a full-time or part-time life in Spain. In many cases the current asking prices are showing discounts that more than compensate for the currency exchange losses and with prices bottoming out right now, there is a good chance of an equity gain in future years.
The Spanish property market is bouncing back as the banks sell off their liquidation stock of key ready homes taken from cash-strapped developers in exchange for unpaid bank loans. Spanish families are getting an increasing share because they are on the spot when the best deals come up – like La Caixa bank selling 120 apartments over a weekend and Santander selling 24 properties in a single day.
But the Dutch, Belgians and French have organised themselves and are finishing up with far more bargains than the Brits who seem shell-shocked by the McBroon machinations and its effect on their life plans. They browse the Spanish bank repossessions on specialist websites like PropertyInSpain.Net, make excited inquiries but then, seemingly, decide to wait a bit longer in case the prices drop further.
A bargain costing EUR 100,000 (discounted typically by 30%) needs a cash commitment of EUR 30,000 to cover deposit and buying costs while low interest mortgage payments can be offset by summer rentals if necessary. If the market returns in 3-5 years the recovered equity of 30% equates to the initial buying costs.
That’s the way the other European buyers are seeing the deals and they are enjoying the benefits right now as prices are bottoming out. That might be the signal that gets the Brits off their butts and into the buying fray?
13 October 2009
McBroon get his figures in a twist…
So McBroon, the self proclaimed fiscal saviour of the world’s economy, isn’t very good with figures after all. First he loses £3B by selling our gold bullion just before prices soared, then he puts millions of pensioners in limbo by his annual stealth raids on funds, followed by his spurious claim that he’s seen off boom and bust for ever – just before Britain goes bust…
Now he admits to fouling up with his own expenses, somehow, despite his brother’s help, over-charging the taxpayer by £12,415 for having his place cleaned and double charging a decorating bill? Such “sloppy accounting” from another Labour MP got the bloke kicked out of the Party. No chance McBroon will ban himself or force fellow fiddler, Jacqui Smith to pay back the £116,000 for her double homes dodge.
McBroon never seems to finish up doing the right thing at the right time and this is what’s driving hard-working Over-50s from these shores. He proves every day he can turn gold to lead and that’s just about the only street cred he has with the majority of voters, who now realise it’s going to be a decade or more before the country recovers from his machinations.
In that time the Over-50s and hard-pressed pensioners can either sit it out and struggle in Blighty or choose to relax on their favourite Costa, spending their inadequate pension on sangria, sightseeing and Sky TV footie subs. If not fulltime, then with Ryanair offering flights for a fiver, pensioners can use their UK heating allowance to fund the winter months in Sunny Spain.
Meanwhile, McBroon’s new mate, Mandy stirs the political pot of sludge by encouraging MPs not to repay their ill gottons, even when found guilty and ordered to do so by the auditor they themselves appointed to resolve the MPs’ expenses scandal. That’s the same “Mortgage Mandy” who resigned after a dubious loan application came to light, but he coughed up his excess expenses charges 24 hours later.
Remember, how we howled with laughter at TV’s Yes Minister's more outrageous scripts. They look pretty tame compared with the ongoing revelations of the McBroon Years… sadly coming to an end and looking to be replaced by the Glum Cameroons and their sackcloth policies.
Now he admits to fouling up with his own expenses, somehow, despite his brother’s help, over-charging the taxpayer by £12,415 for having his place cleaned and double charging a decorating bill? Such “sloppy accounting” from another Labour MP got the bloke kicked out of the Party. No chance McBroon will ban himself or force fellow fiddler, Jacqui Smith to pay back the £116,000 for her double homes dodge.
McBroon never seems to finish up doing the right thing at the right time and this is what’s driving hard-working Over-50s from these shores. He proves every day he can turn gold to lead and that’s just about the only street cred he has with the majority of voters, who now realise it’s going to be a decade or more before the country recovers from his machinations.
In that time the Over-50s and hard-pressed pensioners can either sit it out and struggle in Blighty or choose to relax on their favourite Costa, spending their inadequate pension on sangria, sightseeing and Sky TV footie subs. If not fulltime, then with Ryanair offering flights for a fiver, pensioners can use their UK heating allowance to fund the winter months in Sunny Spain.
Meanwhile, McBroon’s new mate, Mandy stirs the political pot of sludge by encouraging MPs not to repay their ill gottons, even when found guilty and ordered to do so by the auditor they themselves appointed to resolve the MPs’ expenses scandal. That’s the same “Mortgage Mandy” who resigned after a dubious loan application came to light, but he coughed up his excess expenses charges 24 hours later.
Remember, how we howled with laughter at TV’s Yes Minister's more outrageous scripts. They look pretty tame compared with the ongoing revelations of the McBroon Years… sadly coming to an end and looking to be replaced by the Glum Cameroons and their sackcloth policies.
9 October 2009
Scary for Brit pensioners
There’s been some scary pensions data this week for Over-50s thinking about retiring to sunny Spain and stern warnings of a Big Bang if something radical isn’t done…
Pensions are an accident waiting to happen, according to experts in the Channel 4 Dispatches programme,"Who Took Your Pension”
While the McBroon Government financial crisis, poor investment returns and inadequate savings have curbed our ability to finance an ever longer retirement, our expectations remain high. "If the pension system carries on as it is with no real change, it will explode," Ros Altman, governor of the London School of Economics, told the Dispatches programme.
Basic UK state provision is low by European standards, yet occupational schemes which should top that up are in crisis because of increased costs, poor investment returns and our extended longevity. Those who most need to make an early commitment for old age, the low paid, are those least likely to do so.
TUC figures show the proportion of "unpensioned" private sector workers has risen from 54.6% to 62.6% between 2000 and 2008, a period that included the pension raids of McBroon, the spend-thrift chancellor that got it all wrong.
"Low-paid employees are simply not earning enough in their working life to pay for a sensible retirement given that people are living so much longer," independent pensions consultant John Ralfe told Dispatches.
With McBroon borrowed billions to repay, taxes and cost of living increases on the way, Over-50s should be looking at ways of leaving these shores for a relaxed lifestyle on a favourite Brit-friendly Costa.
Ex-pat pensioners along the Costa del Sol were relaxed the other day as they watched the latest McBroon machinations on their Sky News widescreens. They seemed to be enjoying life to the full with Spanish mates and ex-pats from other northern European countries in favourite bars and golf clubs.
The wrecked Pound means they have less pension cash, but living in Spain can cost 30% less than the UK and with a sunnier, relaxed lifestyle to boot. Petrol now costs about the same, but fares on efficient trains are much lower, helping retirees to enjoy the seaside resorts and historic cities.
Housing costs are a fraction of those in Blighty, food and drink costs typically 25% less and heating bills are lower because of the Spanish climate. The health service is highly rated and there are few delays in seeing consultants and getting treatment. Private health payments are lower and dentists plentiful.
The McBroons are likely to be replaced by the Cameroons, but the borrowed billions and train-wreck economy can only be fixed by higher taxes, working longer and lowered standards of living. BBC News shows pension options.
Pensions are an accident waiting to happen, according to experts in the Channel 4 Dispatches programme,"Who Took Your Pension”
While the McBroon Government financial crisis, poor investment returns and inadequate savings have curbed our ability to finance an ever longer retirement, our expectations remain high. "If the pension system carries on as it is with no real change, it will explode," Ros Altman, governor of the London School of Economics, told the Dispatches programme.
Basic UK state provision is low by European standards, yet occupational schemes which should top that up are in crisis because of increased costs, poor investment returns and our extended longevity. Those who most need to make an early commitment for old age, the low paid, are those least likely to do so.
TUC figures show the proportion of "unpensioned" private sector workers has risen from 54.6% to 62.6% between 2000 and 2008, a period that included the pension raids of McBroon, the spend-thrift chancellor that got it all wrong.
"Low-paid employees are simply not earning enough in their working life to pay for a sensible retirement given that people are living so much longer," independent pensions consultant John Ralfe told Dispatches.
With McBroon borrowed billions to repay, taxes and cost of living increases on the way, Over-50s should be looking at ways of leaving these shores for a relaxed lifestyle on a favourite Brit-friendly Costa.
Ex-pat pensioners along the Costa del Sol were relaxed the other day as they watched the latest McBroon machinations on their Sky News widescreens. They seemed to be enjoying life to the full with Spanish mates and ex-pats from other northern European countries in favourite bars and golf clubs.
The wrecked Pound means they have less pension cash, but living in Spain can cost 30% less than the UK and with a sunnier, relaxed lifestyle to boot. Petrol now costs about the same, but fares on efficient trains are much lower, helping retirees to enjoy the seaside resorts and historic cities.
Housing costs are a fraction of those in Blighty, food and drink costs typically 25% less and heating bills are lower because of the Spanish climate. The health service is highly rated and there are few delays in seeing consultants and getting treatment. Private health payments are lower and dentists plentiful.
The McBroons are likely to be replaced by the Cameroons, but the borrowed billions and train-wreck economy can only be fixed by higher taxes, working longer and lowered standards of living. BBC News shows pension options.
25 September 2009
McBroon’s fiscal porridge
The Spanish property market appears to have reached a watershed moment in time with reports that the collapse in prices might be bottoming out, based on sales of more than 500,000 properties in the last 12 months, and British buyers finally having to realise the once mighty Pound now only buys one now mighty Euro.
Despite the world recession property sales have dipped by only 20% thanks to heavy discounting by developers, Spanish bank repossessions and British vendors taking reverse advantage of the 30% exchange rate decline.
It’s been a buyers’ market for many months and 10,000 deals a week across
If September 2009 proves to be the watershed, then they will have missed out on the real bargains like 2-bed apartments for EUR 74,000 and 3-bed villas from EUR 140,000. While continuing to “look before they leap” 1,000s of British couples intending to buy a property in Spain, have suffered a double whammy as Sterling has plunged and is now unlikely to get better than parity for years.
The decline in the Pound is a direct result of McBroon’s fiscal porridge, that has brought Britain within a caber-toss of bankruptcy with savage budget cuts admitted for the first time by this patently dishonest bunch of incompetents…
It seems the Swiss, who know better than anyone how to manage the economy, are forecasting the continuing decline of Sterling as big corporations quit the sinking ship, now driven onto the rocks with the bungling McBroons at the wheel. They also point at the 800 billion pounds worth of borrowing to bale out the banks and the mismanaged British economy and pose the question: “Who would lend more money to this UK Government”?
Buyers who haven’t yet taken a view trip to Spain to select the last of the real bargains are unlikely to see house prices drop further, but extremely likely to see their buying pound shrink in their pockets. Over-50s need to move fast to secure a Spanish property investment.
The other half of their Hobson’s Choice is to stick with the McBroons fiscal porridge and watch as Spain follows Germany and France into better economic state, house prices recover from their 30% dip and life returns to normal with generous dollops of Med lifestyle and sunshine.
22 September 2009
Escape to Spain, Escape from McBroons
The summer has seen the ruling, bungling McBroons crash from crisis to disaster as the economy went south and the national debt northwards.
Over 50s, struggling to hold onto their last jobs before retirement or supplement their pensions, have never seen anything like the level of incompetence shown by the McBroons. They say Ministers and departments of state lack credibility, a viewpoint reinforced by statements from
First, it’s no cuts in public services as spun all summer long, now, as McBroon himself realises no sane person in the land believes him, he finally admits there will be cuts as the national debt soars above £800 billion.
After the great
Many of the Over-50 loyal readers of this blog run companies that may start recruiting again sometime in the next decade. They now have a ready answer if they inadvertently fall foul of the McBroons laws on employing immigrants.
Tell the man from the Border Agency – the same dozy outfit that allowed illegals to hitch a lift on their private coach – that you are sorry if the originals of the documents you have photocopies of are fakes like the ones that so easily fooled the Bungling Baroness. Then quietly point out that the McBroons own Home Office issued thousands of national insurance numbers without checks…
It is no wonder that Spanish property websites are getting record numbers of inquiries from Over-50s – they clearly reckon that country is nowadays run better than the
1 June 2009
Why Brits are still quitting Britain
While Brits living in France and Spain are feeling the pinch because of the decline in the Pound, many others are still planning to move away from the declining state of once Great Britian.
An American correspondent in yesterday’s New York Times, commenting on Brit emigration, spoke for many over-50s when he wrote: “I can well understand why folks want to abandon Britain, where a person can’t smoke or own a gun or derogate a religion (even in private conversation), or spank one's child, or avert one's face from any of that country's 10 million CCTV cameras.
“I always thought Orwell's book (1984) represented a dystopia, but now the Brits have accepted it as their constitution.”
He didn’t mention the poor healthcare, inadequate education, ruined pension industry, unwanted currency, gun-toting teens, criminal under-class, corrupt politicians, open borders, nor an unelected leader deciding what the now angry populous wants.
But just as stoic, ex-pat Brits will sit out the currency and financial crisis affecting their lifestyles in continental Europe, those still to leave will go-ahead with their plans and take advantage of the downturn in house prices, that more than compensates for the currency losses.
In Spain they will find excellent value villas and apartments in established residential areas at prices 25% to 50% below valuation, buying direct from banks who have not had Government bail-outs because of mismanaged growth efforts.
Over-50s will notice that three ailing British banking institutions are going to carry the Santander name and be integrated in a 14,000 branch network across 40 countries. The boss of Santander was the only top banker not required to offer an apology to the Parliamentary committee investigating the banking collapse as no client money went into dodgy banking scams.
By contrast, Brit rivals have been bailed-out by the UK Government who failed to supervise their more dubious actives as they strove for world domination...
Along with sunshine, siestas and relaxed lifestyle, Spain offers stability, sound banking and good healthcare. What more could the over-50s or pensioners want for?
Their property search starts here, with specialist over-50s active life resorts, developments with guaranteed rentals, or heavily discounted repossession bargains from Spanish banks and and hard-pressed developers.
An American correspondent in yesterday’s New York Times, commenting on Brit emigration, spoke for many over-50s when he wrote: “I can well understand why folks want to abandon Britain, where a person can’t smoke or own a gun or derogate a religion (even in private conversation), or spank one's child, or avert one's face from any of that country's 10 million CCTV cameras.
“I always thought Orwell's book (1984) represented a dystopia, but now the Brits have accepted it as their constitution.”
He didn’t mention the poor healthcare, inadequate education, ruined pension industry, unwanted currency, gun-toting teens, criminal under-class, corrupt politicians, open borders, nor an unelected leader deciding what the now angry populous wants.
But just as stoic, ex-pat Brits will sit out the currency and financial crisis affecting their lifestyles in continental Europe, those still to leave will go-ahead with their plans and take advantage of the downturn in house prices, that more than compensates for the currency losses.
In Spain they will find excellent value villas and apartments in established residential areas at prices 25% to 50% below valuation, buying direct from banks who have not had Government bail-outs because of mismanaged growth efforts.
Over-50s will notice that three ailing British banking institutions are going to carry the Santander name and be integrated in a 14,000 branch network across 40 countries. The boss of Santander was the only top banker not required to offer an apology to the Parliamentary committee investigating the banking collapse as no client money went into dodgy banking scams.
By contrast, Brit rivals have been bailed-out by the UK Government who failed to supervise their more dubious actives as they strove for world domination...
Along with sunshine, siestas and relaxed lifestyle, Spain offers stability, sound banking and good healthcare. What more could the over-50s or pensioners want for?
Their property search starts here, with specialist over-50s active life resorts, developments with guaranteed rentals, or heavily discounted repossession bargains from Spanish banks and and hard-pressed developers.
26 May 2009
Brit over-50s bag Spanish bargains
The Spanish bit of the world recession may be easing – in contrast with the UK where the McBroon Government, slowly imploding amid expenses and other scandals, has failed to get a grip on economic matters.
The McBroons have been feathering their own nests and lining up nifty pensions for ministers and MPs while British families, the over-50s and pensioners feel the economic pinch and face the prospect of being highly taxed forever to repay the £750 billion debt mountain built up.
Those who are still able to do so are planning their futures on the basis that the McBroons have wrecked the British economy, will lose power and the Cameron Clan will still need a decade to clear-up the mess. The taxpayer, you might imagine, will be the biggest contributor…
Meanwhile in Spain, government action seems to be having a greater effect as the economic power driver, the property market, is becoming brisker. Buyers from Spain and northern Europe are taking advantage of the massive price falls and the many bargain Spanish bank repossessions.
1,000 sales a week is a lot better than the levels in the UK market and an increasing number of the buyers are Brit over-50s planning for their retirement and using savings to invest in a place in the sun sooner rather than later. Their families can enjoy holidays in a villa or apartment bought for a bargain price and then it can be used for part-time or fulltime living nearer or after retirement.
Leading Spanish property website, Kyero summed up the three latest reports on the local economy as follows:
The McBroons have been feathering their own nests and lining up nifty pensions for ministers and MPs while British families, the over-50s and pensioners feel the economic pinch and face the prospect of being highly taxed forever to repay the £750 billion debt mountain built up.
Those who are still able to do so are planning their futures on the basis that the McBroons have wrecked the British economy, will lose power and the Cameron Clan will still need a decade to clear-up the mess. The taxpayer, you might imagine, will be the biggest contributor…
Meanwhile in Spain, government action seems to be having a greater effect as the economic power driver, the property market, is becoming brisker. Buyers from Spain and northern Europe are taking advantage of the massive price falls and the many bargain Spanish bank repossessions.
1,000 sales a week is a lot better than the levels in the UK market and an increasing number of the buyers are Brit over-50s planning for their retirement and using savings to invest in a place in the sun sooner rather than later. Their families can enjoy holidays in a villa or apartment bought for a bargain price and then it can be used for part-time or fulltime living nearer or after retirement.
Leading Spanish property website, Kyero summed up the three latest reports on the local economy as follows:
- Things are still getting worse
- But they're getting worse more slowly than before
- This means we're nearing the bottom of the curve
- After reaching the bottom, the only way is up
Whether you prefer short term pessimism, long term optimism, says Kyero, the time is right for the EU to force Spain to repeal it’s “shoddy property laws” as this will help get the market back to normal much quicker.
Buying now would seem to be a good option and newly completed developments like Mojón Hills Resort in unspoilt Murcia offer unbeatable packages that include big discounts off current valuations, 90% mortgages and guaranteed rental deals for three years.
15 May 2009
Take a tax break in Spain...
The anger of the British public bubbled over when Housing Minister, Margaret Becket tried to defend herself, fellow ministers and MPs on television over the expenses scandal and again hours later when new figures showed housing repossessions were up 50% and mortgage arrears up 62% - despite the “help” provided the McBroon Government.
Yet another McBroon failed initiative as 1,000 families a week are turfed out of their homes as a result of banker greed and sheer incompetence of the McBroon Government. MPs handed millions for kitting out their second homes, while British families struggle to pay the mortgage in a recession caused by the McBroons.
British over-50s are thinking it’s time to get out as they realise they will be paying in increased taxes until Retirement Day. Also thinking of quitting are many of the wealth generators after the punishment handed out to them in the latest McBroon Budget:
The international lawyer, Mark Wilkins has suggested Brit high earners might consider an even better lifestyle in Spain –“A country where the tax regime does not seem to be fuelled by the politics of envy. A country that is some three hours from office desk to home office, has exceptional road, transport and health infrastructure, some of the best golf courses on the planet, as much beach as you and your kids can dream of, schooling that sits head and shoulders above many of its UK Ofsted counterparts…”
He also points to an average of 325 days of sun a year and an average summer coastal temperature of 36 degrees, a current property market offering real value for money and an EU recognised initiative to ensure that previous planning uncertainties are a thing of the past.
Mark Wilkins outlines the tax position. “Spain has as its highest income tax rate – a 43% ceiling, applicable to earnings in excess of €53,407.
“Wealth tax has been effectively abolished in Spain and the personal allowances for all resident earners – regardless of earnings - vary from €8,551 for a joint declaration to a cumulative child allowance that rises with the 4th child to €4,182. Consequently, in addition to a saving on income tax of 7%, it seems in cash terms earning £150,000 and electing Spain as your tax residency may well leave you, under the current Spanish regime, materially better off."
If that is a lifestyle decision you want to investigate, start with Libertad, a tax break purchase method that helps keep family money in the family. The Sun newspaper reviewed Libertad in detail and the latest Spanish property bargains can be found online.
Yet another McBroon failed initiative as 1,000 families a week are turfed out of their homes as a result of banker greed and sheer incompetence of the McBroon Government. MPs handed millions for kitting out their second homes, while British families struggle to pay the mortgage in a recession caused by the McBroons.
British over-50s are thinking it’s time to get out as they realise they will be paying in increased taxes until Retirement Day. Also thinking of quitting are many of the wealth generators after the punishment handed out to them in the latest McBroon Budget:
- New top rate of income tax at 50% for those earning over £150,000;
- Loss of personal allowances for those earning over £100,000;
- Levying a basic rate only relief on pension contributions over £150,000.
The international lawyer, Mark Wilkins has suggested Brit high earners might consider an even better lifestyle in Spain –“A country where the tax regime does not seem to be fuelled by the politics of envy. A country that is some three hours from office desk to home office, has exceptional road, transport and health infrastructure, some of the best golf courses on the planet, as much beach as you and your kids can dream of, schooling that sits head and shoulders above many of its UK Ofsted counterparts…”
He also points to an average of 325 days of sun a year and an average summer coastal temperature of 36 degrees, a current property market offering real value for money and an EU recognised initiative to ensure that previous planning uncertainties are a thing of the past.
Mark Wilkins outlines the tax position. “Spain has as its highest income tax rate – a 43% ceiling, applicable to earnings in excess of €53,407.
“Wealth tax has been effectively abolished in Spain and the personal allowances for all resident earners – regardless of earnings - vary from €8,551 for a joint declaration to a cumulative child allowance that rises with the 4th child to €4,182. Consequently, in addition to a saving on income tax of 7%, it seems in cash terms earning £150,000 and electing Spain as your tax residency may well leave you, under the current Spanish regime, materially better off."
If that is a lifestyle decision you want to investigate, start with Libertad, a tax break purchase method that helps keep family money in the family. The Sun newspaper reviewed Libertad in detail and the latest Spanish property bargains can be found online.
11 May 2009
Spanish property with no capital gains tax...
The McBroon Muppet Speaker, spent longer attacking the Daily Telegraph for revealing the House of Horrors expenses slapped in by MPs, than he did detailing plans to clean-out the stables. The supposedly “independent” blustering Michael Martin did find time to slag off two of the more honest MPs who tried in vain to influence his plans.
Over 50s, used to more gentlemanly times in the so-called Mother of Parliaments, might recall occasional scandals involving individual Members, but never, seemingly, anything involving so many snouts – including the high falutin’ Martin himself - in the trough. Avoiding capital gains, on second homes, as achieved by many MPs, is now available to property in Spain
The McBroons and Speaker Martin had planned to slip out censured details of MP’s expenses in the middle of the summer when families would be on their hard-earn holidays in Spain or focused on buying a place in the sun away from mired Britain.
But the Telegraph thought UK residents should know how they have been taken for a ride by their elected ones before the crucial local elections next month, so they could X-out any hopes the McBroons might have of saving their last handful of local councils or getting any more of their ilk onto the EU gravy train.
Only hours earlier the first “Sorries” were uttered by the party leaders, who again blamed the system, but neither suggested that the tax-payers should get their money back where dodgy deals were involved.
Meanwhile, more over-50s and pensioners, were deciding to explore the prospects for a bargain property purchase in Spain with an option for avoiding payment of any capital gains tax emulating the flipping MPs.
Yes, Brit buyers can legally avoid capital gain tax and inheritance tax on property in Spain if they buy through Libertad (Freedom) sponsored by the leading property specialists in Spain and Spanish banking partners.
Over 50s, used to more gentlemanly times in the so-called Mother of Parliaments, might recall occasional scandals involving individual Members, but never, seemingly, anything involving so many snouts – including the high falutin’ Martin himself - in the trough. Avoiding capital gains, on second homes, as achieved by many MPs, is now available to property in Spain
The McBroons and Speaker Martin had planned to slip out censured details of MP’s expenses in the middle of the summer when families would be on their hard-earn holidays in Spain or focused on buying a place in the sun away from mired Britain.
But the Telegraph thought UK residents should know how they have been taken for a ride by their elected ones before the crucial local elections next month, so they could X-out any hopes the McBroons might have of saving their last handful of local councils or getting any more of their ilk onto the EU gravy train.
Only hours earlier the first “Sorries” were uttered by the party leaders, who again blamed the system, but neither suggested that the tax-payers should get their money back where dodgy deals were involved.
Meanwhile, more over-50s and pensioners, were deciding to explore the prospects for a bargain property purchase in Spain with an option for avoiding payment of any capital gains tax emulating the flipping MPs.
Yes, Brit buyers can legally avoid capital gain tax and inheritance tax on property in Spain if they buy through Libertad (Freedom) sponsored by the leading property specialists in Spain and Spanish banking partners.
8 May 2009
Brits go overboard for Spanish homes
It’s obvious the McBroon Government is imploding day by day as first the Ghurkhas stick the kukri knife in over the immigration botch-up, then the Daily Telegraph reveals the head of the McBroon clan himself – his talentless YouTube appearance now derided - paid nearly £7,000 to his brother for cleaning his flat.
Then we had the revelation the Mexican flu scare might be a scam to keep that country’s ruling elite in power… The gullible McBroons fell for that one too, preparing for Armageddon by teaching the world how to sneeze proper!
Sane and sensible Brits are convinced the McBroons mob are a mockery, failing on their promises, presiding over a busted Britain and steering the ship of state onto the rocks, where it may well remain for a decade while the citizens work to be taxed more so the £750 billion borrowings can be repaid.
Many Brits are abandoning ship, heading for sunnier shores like Spain.
If it was Mock the Week for the McBroons, it was all hands to the deck in the Spanish property market as Brits took advantage of flights costing as little as £26, including the taxes heaped-on by the McBroons to keep us safe as we shop our way through British airports on the way to the Easyjet or Ryanair plane.
Property sales were brisk along the main Costas as Brits and other northern Europeans queued to view the bargain homes on offer. One local estate agent reported sales running at two a day, up from one a month just a few months ago. One bargain, a golfside, fully furnished must sell 2-bed apartment, sold for £62,000 as five Brits battled to secure it.
Elsewhere, bayview, key ready villas in Puerto Mazarron, Murcia were on offer at £159,000 with 90% bank guaranteed mortgages and 3-year rental guarantees. That’s an offer with a lot of appeal to over-50s looking for a holiday home with fulltime living potential.
It is the over-50s and pensioners, suffering badly in the aftermath of the McBroon fiscal horror show, who can more easily take advantage of the property downturn, bag a bargain and make the move to sunny Spain. More of them have this week, and there'll be more from now on...
Then we had the revelation the Mexican flu scare might be a scam to keep that country’s ruling elite in power… The gullible McBroons fell for that one too, preparing for Armageddon by teaching the world how to sneeze proper!
Sane and sensible Brits are convinced the McBroons mob are a mockery, failing on their promises, presiding over a busted Britain and steering the ship of state onto the rocks, where it may well remain for a decade while the citizens work to be taxed more so the £750 billion borrowings can be repaid.
Many Brits are abandoning ship, heading for sunnier shores like Spain.
If it was Mock the Week for the McBroons, it was all hands to the deck in the Spanish property market as Brits took advantage of flights costing as little as £26, including the taxes heaped-on by the McBroons to keep us safe as we shop our way through British airports on the way to the Easyjet or Ryanair plane.
Property sales were brisk along the main Costas as Brits and other northern Europeans queued to view the bargain homes on offer. One local estate agent reported sales running at two a day, up from one a month just a few months ago. One bargain, a golfside, fully furnished must sell 2-bed apartment, sold for £62,000 as five Brits battled to secure it.
Elsewhere, bayview, key ready villas in Puerto Mazarron, Murcia were on offer at £159,000 with 90% bank guaranteed mortgages and 3-year rental guarantees. That’s an offer with a lot of appeal to over-50s looking for a holiday home with fulltime living potential.
It is the over-50s and pensioners, suffering badly in the aftermath of the McBroon fiscal horror show, who can more easily take advantage of the property downturn, bag a bargain and make the move to sunny Spain. More of them have this week, and there'll be more from now on...
28 April 2009
Expert who may have got property figures right...
Governments and so-called experts have opinions and hunches but often are proved wrong within a short space of time – as shown by the fantasy budget produced by the McBroon Government in the UK and trashed by latest GDP figures, clever economists and the IMF concerns on the UK economy.
That got many Brits thinking about the dark years promised under the McBroons and the decades of high taxes to balance the books. Many of them made the obvious ontrast with living in a sunnier place with a brighter future, such as Spain. This, despite UK media reports on Brit pensioners stretched on their UK pensions paid in Spain.
Strangely the coverage didn’t include any criticism of the McBroon’s financial mismanagement and wrecking the once-strong sterling exchange rate and devaluing the pension by 45 percent or a net 16 percent allowing for lower living costs in Spain and the mortgage repayments that are now effectively lower. Mortgage interest in Spain has gone from rates of 6.25% in September to 3.25% today.
Gonzalo Bernardos, a professor of economics at the University of Barcelona believes that demand for property is tempered by the cost of mortgage borrowing. With interest rates declining, the clever prof. expects sales to pick up.
'There is a fundamental variable. People buy homes in response to mortgage costs, which have gone from rates of 6.25% in September to 3.25% today. We are talking, in general terms, of a fall in mortgage repayments of 40%,' he explained.
Likewise, property values have fallen by up 40% and the savvy buyer can find plenty of good bargains in prime locations. We are not talking “cheap”, but good value homes that can be expected to grow in value over three to five years of happy family holidays, rental income or fulltime living for the buyer.
So 40% lower price property, funded by 40% lower mortgage repayments, located in a country with 30% lower living costs is a formula that many McBrooned-off Brits will applying to their own finances and family aspirations.
Professor Bernardos believes that there will be more property sales in 2009 than there were in 2008. He lists five reasons why this is likely:
Lower interest rates, property prices now at 2003 levels, Spanish banks lending more, the return of property investors attracted by the bargains, and many people who were thinking of renting deciding to buy instead using the low mortgage rates.
However, the window of opportunity is short as “Sales will start to rise in 2009, whilst prices will stop falling in most places in Spain by the end of 2010,' he said.
That got many Brits thinking about the dark years promised under the McBroons and the decades of high taxes to balance the books. Many of them made the obvious ontrast with living in a sunnier place with a brighter future, such as Spain. This, despite UK media reports on Brit pensioners stretched on their UK pensions paid in Spain.
Strangely the coverage didn’t include any criticism of the McBroon’s financial mismanagement and wrecking the once-strong sterling exchange rate and devaluing the pension by 45 percent or a net 16 percent allowing for lower living costs in Spain and the mortgage repayments that are now effectively lower. Mortgage interest in Spain has gone from rates of 6.25% in September to 3.25% today.
Gonzalo Bernardos, a professor of economics at the University of Barcelona believes that demand for property is tempered by the cost of mortgage borrowing. With interest rates declining, the clever prof. expects sales to pick up.
'There is a fundamental variable. People buy homes in response to mortgage costs, which have gone from rates of 6.25% in September to 3.25% today. We are talking, in general terms, of a fall in mortgage repayments of 40%,' he explained.
Likewise, property values have fallen by up 40% and the savvy buyer can find plenty of good bargains in prime locations. We are not talking “cheap”, but good value homes that can be expected to grow in value over three to five years of happy family holidays, rental income or fulltime living for the buyer.
So 40% lower price property, funded by 40% lower mortgage repayments, located in a country with 30% lower living costs is a formula that many McBrooned-off Brits will applying to their own finances and family aspirations.
Professor Bernardos believes that there will be more property sales in 2009 than there were in 2008. He lists five reasons why this is likely:
Lower interest rates, property prices now at 2003 levels, Spanish banks lending more, the return of property investors attracted by the bargains, and many people who were thinking of renting deciding to buy instead using the low mortgage rates.
However, the window of opportunity is short as “Sales will start to rise in 2009, whilst prices will stop falling in most places in Spain by the end of 2010,' he said.
16 April 2009
Spain, land of plenty for Over-50s
After the worse week yet for the ruling McBroons, they have gone back to Scotland for a gathering of the clan and to reconstitute the government’s credibility amid growing concerns from the public about their futures in what used to be the land of plenty…
Henchmen spin masters have been forced from the scene after leaks of their planned smear campaign against Tory politicians and the leaks from the Home office were not worthy of the prosecution of the mole and Tory mole master. The schoolmarm, turned minister at the Home Office stonewalls her way out of a corner that can only lead to her final demise and McBroon himself still hasn’t said sorry for the sorry mess he has led the country into.
The country’s Over-50s will find this all vaguely familiar and reminiscent of previous failed governments that promised much and delivered so little of benefit. They now have a new figure to focus on, £175 billion – the amount of dosh borrowed by the McBroons to get us out of the mess they have caused in 10 years of mis-rule.
Over-50s and pensioners now realise that their grandkids will still be paying of this monster debt and wonder if there is another way of softening the blow – like having a base in Spain, Europe’s last land of plenty of sunshine, friendly natives, relaxed lifestyle and a cost of living much less than in Rip-off Britain.
Spanish house sales are still running at 1,000 a day, as bargain hunters take advantage of the over-supply and recessional Spanish bank repossessions and distressed situations. There are generous bank mortgages and genuine developers, Spanish solicitors and agents who will provide help and advice for Brit buyers.
Avoid the get rich quick schemes like those of the failed Fast Track outfit in the UK that are emerging in the wake of the current bargains situation. Why hand over thousands to buy through these dodgy operations and give away some of the savings that go with bargain homes in Spain.
Remember it’s all about location, quality and price – not just cheapness. This leading website provides a free buyer’s guide and a good selection of genuine bargains
Henchmen spin masters have been forced from the scene after leaks of their planned smear campaign against Tory politicians and the leaks from the Home office were not worthy of the prosecution of the mole and Tory mole master. The schoolmarm, turned minister at the Home Office stonewalls her way out of a corner that can only lead to her final demise and McBroon himself still hasn’t said sorry for the sorry mess he has led the country into.
The country’s Over-50s will find this all vaguely familiar and reminiscent of previous failed governments that promised much and delivered so little of benefit. They now have a new figure to focus on, £175 billion – the amount of dosh borrowed by the McBroons to get us out of the mess they have caused in 10 years of mis-rule.
Over-50s and pensioners now realise that their grandkids will still be paying of this monster debt and wonder if there is another way of softening the blow – like having a base in Spain, Europe’s last land of plenty of sunshine, friendly natives, relaxed lifestyle and a cost of living much less than in Rip-off Britain.
Spanish house sales are still running at 1,000 a day, as bargain hunters take advantage of the over-supply and recessional Spanish bank repossessions and distressed situations. There are generous bank mortgages and genuine developers, Spanish solicitors and agents who will provide help and advice for Brit buyers.
Avoid the get rich quick schemes like those of the failed Fast Track outfit in the UK that are emerging in the wake of the current bargains situation. Why hand over thousands to buy through these dodgy operations and give away some of the savings that go with bargain homes in Spain.
Remember it’s all about location, quality and price – not just cheapness. This leading website provides a free buyer’s guide and a good selection of genuine bargains
28 March 2009
Spanish property and the Ides of March
Crikey, it’s got to be serious for the jet-setting McBroon when George Sorus, the financial guru who made a billion dollars from betting against the pound in 1992’s Black Monday, says Britain may have to go cap in hand for an IMF bail-out.
Mr Soros said that Gordon Brown might have to go begging for billions of pounds in international aid after an auction of UK government bonds issue failed for the first time in 14 years, ringing alarm bells about Britain’s ability to fund its growing debts. The Governor of the Bank of England had issued a similar warning earlier.
This follows doubts about the recovery of the UK property market and planned demonstrations during the G20 Summit in London. Beware the Ides of March, the future is looking bleak as a result of the economy mismanagement.
Over 50s and pensioners are the most at risk from a prolonged recession and many are considering their futures in foreign climes such as Spain. Inquiries in February reached 300,000 for Spanish property alone – 20 percent higher month on month than last year. The living in Spain package is now sun, sand, sangria and fiscal security.
There has never been a better time to buy a property in Spain, with a rising number of distressed sales and Spanish bank repossessions. Spain is selling 100s of properties a day to Russians and north Europeans who have seen the writing on the wall so far as their national economies are concerned. Many Brits have been holding back, hoping for further price drops.
They won’t get better than the half price bargains available right now, some with generous mortgages.
Mr Soros said that Gordon Brown might have to go begging for billions of pounds in international aid after an auction of UK government bonds issue failed for the first time in 14 years, ringing alarm bells about Britain’s ability to fund its growing debts. The Governor of the Bank of England had issued a similar warning earlier.
This follows doubts about the recovery of the UK property market and planned demonstrations during the G20 Summit in London. Beware the Ides of March, the future is looking bleak as a result of the economy mismanagement.
Over 50s and pensioners are the most at risk from a prolonged recession and many are considering their futures in foreign climes such as Spain. Inquiries in February reached 300,000 for Spanish property alone – 20 percent higher month on month than last year. The living in Spain package is now sun, sand, sangria and fiscal security.
There has never been a better time to buy a property in Spain, with a rising number of distressed sales and Spanish bank repossessions. Spain is selling 100s of properties a day to Russians and north Europeans who have seen the writing on the wall so far as their national economies are concerned. Many Brits have been holding back, hoping for further price drops.
They won’t get better than the half price bargains available right now, some with generous mortgages.
7 July 2008
Happy Spa Valley for the Over 50s
It was enough for the British silver brigade to choke on their over-priced free range eggs, habitually served with the Sunday newspapers... There was the news – it was costing pensioners 30% more to live than 10 years ago.
The official data, however, was not related to reality as pensioners and their families know it’s a lot worse than that in high-cost, going broke Britain, where just days before, Ministers and MPs voted to keep their unaccountable expenses pending the arrival of their index-linked pensions.
So for many pensioners and the over 50s of the land, it’s crunch time on where to weather out future inflationary years…
Another two years of McBrown bungles, followed by four or five of Tory trickery when they find the fiscal cupboards are empty could mean even more hardship for the silver brigade.
Conversely, Spain is doing better economically and has billions of euros worth of wriggle room to help out its citizens, coupled with a warm climate, a cost of living 30% below the UK and lower taxes and mortgages.
And, guess what, Spanish builders have already spotted the opportunity to tempt thousands of Over 50s with so-called “Active Life Communities” promising a heady mix of sports and medical facilities.
At La Encina Active Life Resort in a spa valley, Murcia, villas are on offer for around £150.000 and apartments for a lot less. A spa and medical centre is surrounded by homes, sports and cycle/buggy trails to keep the old heart beating strongly and when it needs a booster. helipad for a flight to the nearest A&E hospital.
Specialists, http://www.propertyinspain.net/ have brochures, videos and free trips for over 50s interested in quitting the uncertainties of Britain for a happy spa valley - but don’t all rush at once, this is mañana territory, remember..
The official data, however, was not related to reality as pensioners and their families know it’s a lot worse than that in high-cost, going broke Britain, where just days before, Ministers and MPs voted to keep their unaccountable expenses pending the arrival of their index-linked pensions.
So for many pensioners and the over 50s of the land, it’s crunch time on where to weather out future inflationary years…
Another two years of McBrown bungles, followed by four or five of Tory trickery when they find the fiscal cupboards are empty could mean even more hardship for the silver brigade.
Conversely, Spain is doing better economically and has billions of euros worth of wriggle room to help out its citizens, coupled with a warm climate, a cost of living 30% below the UK and lower taxes and mortgages.
And, guess what, Spanish builders have already spotted the opportunity to tempt thousands of Over 50s with so-called “Active Life Communities” promising a heady mix of sports and medical facilities.
At La Encina Active Life Resort in a spa valley, Murcia, villas are on offer for around £150.000 and apartments for a lot less. A spa and medical centre is surrounded by homes, sports and cycle/buggy trails to keep the old heart beating strongly and when it needs a booster. helipad for a flight to the nearest A&E hospital.
Specialists, http://www.propertyinspain.net/ have brochures, videos and free trips for over 50s interested in quitting the uncertainties of Britain for a happy spa valley - but don’t all rush at once, this is mañana territory, remember..
Subscribe to:
Posts (Atom)
