Jump to content
House Price Crash Forum
swankyman

First-Time Buyers Get Council Boost

Recommended Posts

Not sure if this has been posted before (March 10th):

A LOTHIAN council is to set aside £1 million to pay deposits of first-time buyers under what is thought to be the first scheme of its kind in the UK.

East Lothian Council has revealed it is finalising negotiations with "a major high street bank" to help first-time buyers get on the property ladder, by providing a guarantee for up to 20 per cent of the cost.

Under the plans the council would deposit £1 million with the bank, which it is estimated would help up to 40 buyers.

grrrrr :angry: :angry: :angry: :angry: :angry:

Scotsman link

Imagine they roll this out all over the UK!!!!

:ph34r:

Share this post


Link to post
Share on other sites

Not sure if this has been posted before (March 10th):

grrrrr :angry: :angry: :angry: :angry: :angry:

Scotsman link

Imagine they roll this out all over the UK!!!!

:ph34r:

These people should be locked up for this. This is fraud from the public purse all in the name of maintaining house prices.

Share this post


Link to post
Share on other sites

What happens if / when prices drop, or god forbid someone on the scheme gets repossessed while in negative equity?

Is the council on the hook for the difference?

AND why are we paying council tax to keep prices higher than they should be?

:angry: :angry: :angry:

Share this post


Link to post
Share on other sites

Not sure if this has been posted before (March 10th):

grrrrr :angry: :angry: :angry: :angry: :angry:

Scotsman link

Imagine they roll this out all over the UK!!!!

:ph34r:

The 'Debt Transfer' or 'theft' continues.

[My Dad got some literature the other day from the Yorkshire Bank / Building Society.

They stated that they would accept Parents, extended family, and even friends, as guarantors for mortgage loans to FTB's!!]

Edited by Dan1

Share this post


Link to post
Share on other sites

The 'Debt Transfer' or 'theft' continues.

[My Dad got some literature the other day from the Yorkshire Bank / Building Society.

They stated that they would accept Parents, extended family, and even friends, as guarantors for mortgage loans to FTB's!!]

I thought the property was the security....good safe lending decisions are NOT what the bonuses call for,

Share this post


Link to post
Share on other sites

I wonder how much the councils are saving by closing all the libraries, swimming pools and stuff.

Maybe they're not trying to cut the deficit - maybe they're trying to save money to pump into schemes like this!!!

:ph34r:

Edited by swankyman

Share this post


Link to post
Share on other sites

That is an utter joke! Are these people just brain dead morons??

Very smart and trying to sell their BTL portfolios.

Share this post


Link to post
Share on other sites

An article from The Scotsman just last week reported that:

http://business.scot...erty.6729030.jp

Industry sources have confirmed that a local authority in Scotland has agreed to sell land to a housebuilder for the nominal price of £1 in exchange for £19,000 for each property sold............................as cash-strapped councils look for ways to stimulate house building.

He said the scheme should appeal to banks such as Lloyds Banking Group left holding vast tracts of residential and commercial land banks following the collapse of several housebuilders and developers during the recession.

Allan Lundmark, director of planning and communications for industry body Homes for Scotland, said: "This is absolutely the right thing to do. We would be more than happy to work with local authorities to help them work with the industry to bring that out.

I wonder if it is the same council? [Or even the same bloke at the same council who has come up with these schemes? And does he own BTL?] Because none of these schemes are in the interests of FTB's.

[Locals should discover the identity of the architect of these schemes, and demand his/her resignation.]

The local councils should be finding affordable means of awarding council land to the Taxpaying locals. Not giving land to Builders, in an attempt to fleece the taxpaying locals.

Councils and Government ....keep it up... see where it gets you......A General Uprising.

Edited by Dan1

Share this post


Link to post
Share on other sites

To pump prime debt slavery enrolment, which might otherwise falter. :ph34r:

The sad thing is, the policy may actually be popular in a section of society, and most of those would be voters.

There's just too much riding on house prices in this country, and all stops will be pulled out to maintain the fixed market. We're doomed to 20 years stagnation because of it.

Share this post


Link to post
Share on other sites

The point is 40 people further up the property ladder will effectively get free money from the council !!!!

Will council workers and councillors be forbidden from benefit from these sales ?

Share this post


Link to post
Share on other sites

That is an utter joke! Are these people just brain dead morons??

No it shows how Common Purpose (who recruit Council leaders/managers) a secretive, exclusive, devious organisation is manipulating the UK population for it's own Purpose!

People who belong to secretive organisations (working in public sector) should be made to declare it on a public register!

Share this post


Link to post
Share on other sites

No it shows how Common Purpose (who recruit Council leaders/managers) a secretive, exclusive, devious organisation is manipulating the UK population for it's own Purpose!

People who belong to secretive organisations (working in public sector) should be made to declare it on a public register!

Very Interesting. I had never heard of Common Purpose.

A quick Google found:

http://www.stopcp.co...casestudies.php

Common Purpose's own literature boasts that Common Purpose can control a major city if it has the right people in place.
According to this council's protocols, Common Purpose is a secret society, and all those associated with Common Purpose have a statutory duty to declare. This council unlawfully refuses point blank to release a list of Common Purpose graduates, officers, members, or associates. Those in receipt of training, according to Common Purpose, agree that their names, company position and employer details may be published. Yet this council still refuses to comply with the law.

http://www.whatdothe....07.08.doc.html

http://talesfromthet...ims-update.html

The District Auditor has revealed he is investigating allegations of illegal payments being made by Sheffield City Council to an organisation that has close links to senior officers at the authority. The organisation at the heart of the investigation was today named as Common Purpose

Unelected powerful shadow organisation, with tentacles everywhere, a hidden agenda, funded indirectly by taxpayers who have never heard of them? ............Nice...............:(

Apparently they are fabian society funded...

Edited by Dan1

Share this post


Link to post
Share on other sites

This is a disgrace!

And no wonder anyway... East Lothian is close to where I live, and where I work... it is ridiculously expensive. I've seen my fair share of the property equivalent of 'pump and dump' in East Lothian (people buying cheap, doing them up a little then selling for ridiculous profit).

Share this post


Link to post
Share on other sites

I was going to say that surely this warrants an investigation, but we know everybody is in it together.

The country is rancid.

Our own council tax keeping us out of the property market.

Share this post


Link to post
Share on other sites
In order to understand what is happening in Britain in 2010, you first need to know about a political philosophy called 'communitarianism'.

Communitarianism, aka Tony Blair's 'Third Way', has been implemented by stealth in Britain over the past few years by this New Labour government.

Communitarianism is difficult to pin down. It is…

a. a strange mixture of capitalism and communism. Communitarians want social control in a collectivist and corporatist society;

b. a type of neo-communism that owes some of its ideas to Gramsci and the Fabians;

c. a 'Big Brother knows best' type of philosophy.

Communitarians want…

a. to create a post-modern, post-democratic feudal society known as the 'New World Order' run by a small number of rich and powerful people with everyone else working as peasants. In order to achieve their objectives they must destroy the middle class and the nation state.

b. group rights dominant over individual rights;

c. highly-taxed capitalism merged with social collectivism, administered through QUANGOs and fake charities. They call this 'civil society'.

The communitarians, through stealth, perseverance, duplicity, and subversion, have snatched individual-rights based democracy right out from under our noses, and replaced it with group-rights based communitarianism – a trendy, innovative, and newish form of communism administered by foreign elitists.

They are convinced that a communitarian system is 'better' for society – 'improved social cohesion' is the central tenet of their political ideology.

Obama, Blair, Brown and Mandelson et al are Fabian communitarians and Cameron and Clegg show distinct communitarian tendencies, although you will not have heard them use the term. The truth of their hidden agenda is now known and we know their real intentions. These people are front-men for the New World Order communitarians.

Communitarian policy has been seen as fascist corporatism with the primary difference that instead of focussing on nation states, own country and people, it propagates a supranational policy. A secondary difference is it influences by means of informal social structures, like for example Common Purpose, instead of by institutionalised State violence – at least for the time being.

Communitarianism is aimed just like fascists, socialists and communists at the collective. The interests of the collective always prevail above the interests of the individual. Individuals must subjugate themselves to the 'common good'. Communitarians create imaginary problems such as global warming, terrorism suppression and the bank crisis to force through their ideas.

Common Purpose

Common Purpose is a change agent being used to recruit and train the commissars and apparatchiks needed to implement New Labour's hidden EU communitarian agenda.

In 1973 the UK joined the Common Market and in the 1975 referendum the people of Britain were conned into voting in favour of staying in the Common Market.

Prime Minister Heath, whose government entered into the accession treaty, and Prime Minister Wilson, who arranged the referendum, both knew that the Common Market was simply a stage in the development of the European Union.

At some point, those behind the take-over of Britain by the EU realised that they needed people whom they could trust to manage the new bureaucracy.

Enter Common Purpose, which was established to recruit and train the commissars and apparatchiks needed to run this bureaucracy.

New Labour's Hidden Agenda

Since 1997, the New Labour government has been working to two agendas. Firstly, the open agenda as laid out in their manifestos and secondly, their hidden agenda.

The objective of the hidden agenda of New Labour is the creation of a communitarian society controlled by the EU collective.

In order to achieve this objective, the New Labour government has been running a parallel administration made up of QUANGOs and fake charities. A fake charity is legally a charity but effectively operates as a government department, receiving a substantial amount of funding directly or indirectly from government and operating as a government department.

Common Purpose is a fraudulent 'educational charity' acting as a change agent and recruiter and is part of the management mechanism being used to carry out this hidden agenda of New Labour.

Whilst carrying out the hidden agenda of New Labour, Common Purpose has corruptly abused millions of pounds of taxpayers' money.

Common Purpose is guilty of defrauding YOU of YOUR money.

Some people think that Common Purpose is simply a criminal organisation set up to siphon off public money but there is a lot more than that to the Common Purpose agenda.

What is Common Purpose?

On the surface, Common Purpose is an educational charity, registered in the UK under number 1023384, that does leadership and networking development training.

However, Common Purpose is not what it appears to be on the surface.

In reality, Common Purpose is a corrupt, subversive, secretive and deeply sinister organisation with a hidden agenda (communitarian social control, corporate and EU state control) and hidden backers (Tavistock Institute, Fabian Society, Brussels).

Edited by Dan1

Share this post


Link to post
Share on other sites

eastlothiancourier.com

Similar article here too but with readers comments

One comment caught my eye (does someone know something we don't know :ph34r: ):

This will be a major boost for Housing in East Lothian giving 40-50 couples a chance to get on the Housing Ladder, and will also kick start the housing market

This scheme is being launched nationally in the UK in the next few weeks by a major High Street Bank. Many other Councils are ready to follow suit

Edited by swankyman

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...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 277 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.