Revealed: Tory candidate Shaun Bailey’s battle bus breaches London’s toxic air rules
Conservatives pay £300 a day toxic air levy to drive 20-year-old double decker in London
Andy McDandy wrote: ↑Sun May 02, 2021 5:57 pm Oborne's book sums up the role of mayor under Johnson as basically a PR guy and cheerleader in chief. Public face of UK PLC.I thought we were paying Brenda and her #2 son for that..
Tubby Isaacs wrote: ↑Sun May 02, 2021 8:51 pm Oh man,£300 / day will be small change to whatever Oligarch is picking up this tab.
https://www.standard.co.uk/news/mayor/s ... 32686.html
Revealed: Tory candidate Shaun Bailey’s battle bus breaches London’s toxic air rules
Conservatives pay £300 a day toxic air levy to drive 20-year-old double decker in London
Poisoning your lungs; and the debate.
Boiler wrote: ↑Mon May 03, 2021 2:00 pm I thought "affordable" meant "cheap for my BTL portfolio".So true that doesn't even register as funny. Another example (see Tory landlords dropping clad-leaseholders into bankruptcy to further their own profits) of Tory 'privilege' and self-interest at all levels. And class war.
But what of his promise that the homes would be available to ‘buy’ for £100,000? Inside Housing points out that purchasing an apartment worth £450,000 would leave the buyer with rent of £800 per month to pay in addition to their mortgage, plus service charges.
“I don’t accept your figure for first off,” Mr Bailey replies. “£450,000, that’s above the average. I’m talking about flats. I calculate it at £420,000. But the point is this: where these homes are largely built, they are below the cost because places like Westminster and Kensington skew the cost. So most of these homes are significantly below it. Around the £300,000 range is what I’m talking about here.”
This seems optimistic. Only one London borough has an average price anywhere near this level – Barking and Dagenham – and the average price in outer London is £438,671. Indeed, on the shared ownership portal for London, there are only 60 properties available with an open market value of £300,000 or less – almost all of them in Croydon.
Mr Bailey says he would in fact have £6bn to play with as Mr Khan has spent “less than half the £4.8bn” he was originally given for the period from 2016 to 2021.Contract Law genius from Shaun there.
Once more this is not quite right – as at September 2020, Mr Khan had allocated £4.24bn of the £4.77bn available to him, leaving a £533m shortfall. It is true that only £1.63bn of the allocated funding has been actually spent, but the remainder is contractually committed and would not be available to the next mayor to reallocate to new schemes (as a percentage of grant is paid on completion).
Boiler wrote: ↑Mon May 03, 2021 2:00 pm I thought "affordable" meant "cheap for my BTL portfolio".Quite, my initial reaction to Bailey's Braneztorm was "Surely that just makes it even easier for foreign investors to gobble up properties that they'll leave empty for tax evasion/money laundering purposes?"
Oblomov wrote: ↑Tue May 04, 2021 1:09 pmCorrect.Boiler wrote: ↑Mon May 03, 2021 2:00 pm I thought "affordable" meant "cheap for my BTL portfolio".Quite, my initial reaction to Bailey's Braneztorm was "Surely that just makes it even easier for foreign investors to gobble up properties that they'll leave empty for tax evasion/money laundering purposes?"