Jump to content
House Price Crash Forum
Sign in to follow this  
okaycuckoo

Housing Minister To Review Help For Homeowners

Recommended Posts

New gubmint to continue with 6.08% for mortgage interest payments? Or demand actual value for money for taxpayers?

"Figures published today by the Council of Mortgage Lenders and the Ministry of Justice show that the threat of repossession remains very real for homeowners across the country.
"That's why the Secretary of State for Communities and Local Government, Eric Pickles, will be asking the new Housing Minister to take a fresh look at existing Government schemes which help homeowners struggling to pay their mortgage and make sure that they offer the best deal for homeowners, as well as value for money for the taxpayer."

http://www.communities.gov.uk/news/housing/1575985

Share this post


Link to post
Share on other sites

Just as Labour were desperate in 97 to shed their mantle of fiscal incompetence from the 70s, so are the Tories keen to remove their ASBO for being nasty to people living in rented bank accomodation.

Share this post


Link to post
Share on other sites

well if he chooses to talk the V.I. talk that's fine, but I trust he will commit them V.I.s to slow roasted h*ll like boiled frogs

Share this post


Link to post
Share on other sites

They can't afford to keep paying the repayments but can they afford to let the mortgage book on our banks break?

(Is there a figure for what % of mortgages are now in taxpayer owned banks?)

Share this post


Link to post
Share on other sites

They can't afford to keep paying the repayments but can they afford to let the mortgage book on our banks break?

(Is there a figure for what % of mortgages are now in taxpayer owned banks?)

Yep, can't risk exposing to the general public again, that banks are empty, non-entities!

(Nowadays, they only exist to exploit them to the max)

Edited by erranta

Share this post


Link to post
Share on other sites

So is this 'working tax payer who has to rent because they can't afford to buy bails out the feckless who took out a mortgage they could not afford' part two ... I will be doubtless be called a crackpot again but why did they not take out some form of insurance? or have some savings to cover any period of unemployment?

On another thread there was a post where someone was selling their motorbike so they could pay the legal fees for their house purchase, still no problem, house prices are rocketing and if you can't pay your mortgage the government will and later you get to keep any profit...

I love the way people think future taxes of children not yet old enough to vote, should be used to keep house prices too high

the mind boggles

Share this post


Link to post
Share on other sites

I love the way people think future taxes of children not yet old enough to vote, should be used to keep house prices too high

the mind boggles

Indeed it does. I despair when I see primary school children happily at play; they have no idea what is in store for them...

Share this post


Link to post
Share on other sites

Indeed it does. I despair when I see primary school children happily at play; they have no idea what is in store for them...

I suspect they may be the next baby boomers, I worry more about current 15-22 year olds

Edited by Si1

Share this post


Link to post
Share on other sites

That statement can be looked at in one of two ways.

1. "We want to make sure people are supported in their hour of need."

2. "We're paying them how much???!!!"

Indeed.

How telling is this part of the statement, "Value for money for the taxpayer"?

I think June 22nd will be very telling.

Share this post


Link to post
Share on other sites

So is this 'working tax payer who has to rent because they can't afford to buy bails out the feckless who took out a mortgage they could not afford' part two ... I will be doubtless be called a crackpot again but why did they not take out some form of insurance? or have some savings to cover any period of unemployment?

On another thread there was a post where someone was selling their motorbike so they could pay the legal fees for their house purchase, still no problem, house prices are rocketing and if you can't pay your mortgage the government will and later you get to keep any profit...

We all know why they did not take out insurence, too expensive on top ot the idiot mortgage they too out. Savings?" Why bother with any of them when your house goes up in value 10% a year.

This is seriously annoying.

Not only am I priced out but my taxes are paying the mortgages of the morons who helped price me out - either in the form of help paying the mortgage or in the form of housing benefit I am wondering why I bother, I need to give up on my personal motivation, with a bit more Jeremy Kyle watching I could probably get signed off long term sick very easily given my recent medical history, there really is no point for me working any more,

Share this post


Link to post
Share on other sites

Indeed.

How telling is this part of the statement, "Value for money for the taxpayer"?

I think June 22nd will be very telling.

Not too long to wait for what could well be a new paradigm.

Me being the eternal optimist and all.

Share this post


Link to post
Share on other sites

That statement can be looked at in one of two ways.

1. "We want to make sure people are supported in their hour of need."

2. "We're paying them how much???!!!"

By "them"you mean, "the banks"

p.s. See how much bigger my font is? Yoooou don't know! :P

Edited by okaycuckoo

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.