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Government To Boost H Pi With Subsidies To The Troops

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http://www.bloomberg...-personnel.html

Cameron to Ask U.K. Banks to Expand Loans, Mortgages to Military Personnel
By Gonzalo Vina - Dec 8, 2010 12:01 AM GMT
Prime Minister David Cameron will ask banks to look at ways of improving access to mortgages and loans for British military personnel in an effort to increase home ownership among members of the armed forces.

Posted on another thread but worthy of its own IMO. Shows you what we are up against in this country.

Some of us see it--they will stop at nothing to prevent a full blown HPC

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http://www.bloomberg...-personnel.html

Cameron to Ask U.K. Banks to Expand Loans, Mortgages to Military Personnel
By Gonzalo Vina - Dec 8, 2010 12:01 AM GMT
Prime Minister David Cameron will ask banks to look at ways of improving access to mortgages and loans for British military personnel in an effort to increase home ownership among members of the armed forces.

Posted on another thread but worthy of its own IMO. Shows you what we are up against in this country.

Some of us see it--they will stop at nothing to prevent a full blown HPC

It costs a fortune for the government to maintain the free housing that it provides for the military, and it has been in the news recently that a great deal of this accommodation iis in need of updating. This just looks like a way of offloading the costs of housing to military personnel.

Edited by Tenubracon

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Good Lord! As if the soldiers haven't suffered enough at the hands of the government already. 

The masses always suffer--its a return to the old days. Exploit the masses while the property owning classes grab and enjoy an ever increasing wealth.

Hegel is always right--we will never change in this country.

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http://www.bloomberg...-personnel.html

Cameron to Ask U.K. Banks to Expand Loans, Mortgages to Military Personnel
By Gonzalo Vina - Dec 8, 2010 12:01 AM GMT
Prime Minister David Cameron will ask banks to look at ways of improving access to mortgages and loans for British military personnel in an effort to increase home ownership among members of the armed forces.

Posted on another thread but worthy of its own IMO. Shows you what we are up against in this country.

Some of us see it--they will stop at nothing to prevent a full blown HPC

or else it is just a little help? military personnel generally live near military bases no necessarily where you want to live. if the government really wanted to keep the party going there are much easier ways to do it, starting with 40 or 50years mortgages...

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This lot remind me of the last government with a scheme here, a program there, an initiative everywhere, always interfering round the edges and never getting the big stuff right.

I suppose that's what happens when your leaders are intellectually incoherent.

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http://www.bloomberg...-personnel.html
Cameron to Ask U.K. Banks to Expand Loans, Mortgages to Military Personnel
By Gonzalo Vina - Dec 8, 2010 12:01 AM GMT
Prime Minister David Cameron will ask banks to look at ways of improving access to mortgages and loans for British military personnel in an effort to increase home ownership among members of the armed forces.

Posted on another thread but worthy of its own IMO. Shows you what we are up against in this country.

Some of us see it--they will stop at nothing to prevent a full blown HPC

If you look at how little your average squaddie earns, you'll see this is a non-story.

Working for the army is only financially viable for the average front-line soldier as the army provides accomodation.

With house prices at current levels your average squaddie would need a 10x mortgage and it would take him a decade to save a deposit.

Edited by RufflesTheGuineaPig

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  • 284 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%



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