Sunday 10 May 2009

Location, Location - Starring Our Dear Leader

Our Dear Leader has of course some "form" on property and tax planning. Who would have thought it? The first report is from the Telegraph in 2007, the second from the current round of Telegraph reporting.

Some interesting links back to that Great Socialist, and not at all a bully, Robert Maxwell plus our old friend Geoffrey Robinson, lender of first resort to Lord Mandelson you will recall.

The "one off" equity release type mortgage from Lloyds TSB would bear further investigation. I think the Telegraph are on the wrong lines (talking about pensioners and Sarah Brown's lack of income) but something stinky might be there; if nothing else then an income stretch to help the PM out.

That's Lloyds TSB who were hoping to take over the failing Northern Rock by the way and who later got tipped the wink on that fine investment HBOS. Not.

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