Property News · November 25, 2016

Why such modesty, Mr Hammond? | Brief letters


Readers’ responses to the autumn statement 2016Now that letting agents’ fees will be abolished (Report, 24 November), attention could turn to that other concealed charge, the booking fee. York’s Barbican and its agents levy a 12.5% fee on card purchases. They charge no such fee on cash payments, despite the fact that it costs them more to handle cash than debit cards. If rents go up as a result of the abolition of letting agents’ fees, and the price of concert tickets rises if booking fees are outlawed, we shall at least have a more honest market.Steven BurkemanYork• The insurance premium tax was invented by the Tories in 1997, and set at 4%. Labour strongly condemned it, but in power increased it to 5%. The Tories have since increased it to 6%, 9.5%, 10%, and now 12%. Someone has to pay for the Tory election bribe not to increase income tax, national insurance, or VAT.John RichardsOxford Continue reading…

Source : theguardian.com
Read more…Why such modesty, Mr Hammond? | Brief letters

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