Several factors have increased the attractions for institutions of becoming landlords, not least of which is the paltry return offered on traditionally safe investments. The trouble is that pension funds may be very good at investing your money and keeping it safe, but they’re not very experienced when it comes to building homes. But as necessity is the mother of invention, suitable conduits are now being established that circumvent the problem. Institutions are now working in partnership with local authorities, housing associations and even housebuilders as a means of bringing about a system whereby a pension fund can realistically look at achieving a return on its investment of 3 to 5 per cent. Read more on the Investors’ Chronicle website.
Fee hikes will price us out of canals, say houseboaters in England and Wales
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Charges to go up by as much as 75% for widest vessels under five-year
licence increases that started in April
Finding an affordable place to live on land...
18 hours ago
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