athom Posted March 16, 2011 Report Share Posted March 16, 2011 Who wouldnt qualify? If someone has had the opportunity to purchase a house previously and is say STR, wouldnt you say thats just being greedy? FTB's are our future, if they choose to upsticks, what or who would you like to fill this void? ? Have you been drinking/smoking/snorting/popping/shooting/chasing? Quote Link to post Share on other sites
athom Posted March 16, 2011 Report Share Posted March 16, 2011 In 1995 the world was less mobile than it is today. so you have nothing to back it up? Quote Link to post Share on other sites
thecrashingisles Posted March 16, 2011 Report Share Posted March 16, 2011 In 1995 the world was less mobile than it is today. That must be why all the property in Germany has been snapped up by foreigners... Locals can't get a look in thanks to their cheap prices... Quote Link to post Share on other sites
okaycuckoo Posted March 16, 2011 Report Share Posted March 16, 2011 FTB's are our future, if they choose to upsticks, what or who would you like to fill this void? Ah, I think I understand your user name. Answer to the question: everybody, because the opposite of everybody is nobody, and nobody should get screwed. Too tricky? Quote Link to post Share on other sites
thecrashingisles Posted March 16, 2011 Report Share Posted March 16, 2011 Cultural differences, the Germans also dont like credit cards either for example. You were talking about overseas investors so German cultural attitudes to debt are irrelevant. Quote Link to post Share on other sites
Ash4781 Posted March 17, 2011 Report Share Posted March 17, 2011 The council chap on the phone in sounded like hallmarks of a rubbish treasury department. He did say something about a 1% investment. That or the members know investment best. Quote Link to post Share on other sites
SarahBell Posted March 17, 2011 Report Share Posted March 17, 2011 prove that happened in a significant way in 1995, so that it somehow negatively impacted on UK buyers to the extent that we'd have been better off with higher prices So why not foreigners home ownership tax? Quote Link to post Share on other sites
goldbug9999 Posted March 17, 2011 Report Share Posted March 17, 2011 Question. Do you want overseas investors coming in and paying a high price for their property, or buying double the amount of UK property if house prices have crashed in half? So what are you getting at exactly - thats its worth pricing out an entire generation of home buyers just make the odd oil baron pay an extra million or two for his london gaff ?. Aside from the very top end capital city markets there is no evidence to suggest that HPC means significantly more properties bought by overseas buyers. I don't see them flocking to buy up properties in provincial spain, or the US for example. Quote Link to post Share on other sites
wealthy Posted March 17, 2011 Report Share Posted March 17, 2011 We should organise a protest against this disgraceful policy. I'm with you on this Quote Link to post Share on other sites
athom Posted March 17, 2011 Report Share Posted March 17, 2011 (edited) I'm with you on this me too, how do you start a facetwit revolution? I don't even have an account Edited March 17, 2011 by athom Quote Link to post Share on other sites
athom Posted March 17, 2011 Report Share Posted March 17, 2011 So why not foreigners home ownership tax? I'd welcome it but government won't want to discourage any foreign investment even if it's just to a home owner it's still foreign money coming into the UK and we need that more than anything else right now. Quote Link to post Share on other sites
Beggar Thy Children Posted March 17, 2011 Report Share Posted March 17, 2011 (edited) There is a facebook page for 'Jilted Generation', ostensibly created by the authors of the book of the same name which many of us on here have read. The newest post on the wall of said group is from one of the group's members who links (with the heading "on a positive note") to the BBC story about councils paying the deposit for FTBs Of all people, Jilted Generation would oppose such a cynical attempt to prop up the bubble, right? Wrong - Jilted Generation's reply: "This does look good! Will be investigating some more" x1000 Edited March 17, 2011 by Beggar Thy Children Quote Link to post Share on other sites
tinker Posted March 17, 2011 Report Share Posted March 17, 2011 There is a facebook page for 'Jilted Generation', ostensibly created by the authors of the book of the same name which many of us on here have read. The newest post on the wall of said group is from one of the group's members who links (with the heading "on a positive note") to the BBC story about councils paying the deposit for FTBs Of all people, Jilted Generation would oppose such a cynical attempt to prop up the bubble, right? Wrong - Jilted Generation's reply: "This does look good! Will be investigating some more" x1000 I hope you've put them right! Quote Link to post Share on other sites
thecrashingisles Posted March 17, 2011 Report Share Posted March 17, 2011 It's not surprising. Anyone who sets themselves up as a spokesperson for victims immediately has a vested interest in maintaining the status quo. Quote Link to post Share on other sites
Snafu Posted March 17, 2011 Report Share Posted March 17, 2011 I was just swearing at the telly about this. Development in Newcastle Quote Link to post Share on other sites
“Nasty Piece of work” Posted March 17, 2011 Report Share Posted March 17, 2011 Any sad sap who sign's up to it, deserves everything they get. Quote Link to post Share on other sites
Pent Up Posted March 17, 2011 Report Share Posted March 17, 2011 Link? Quote Link to post Share on other sites
Beggar Thy Children Posted March 17, 2011 Report Share Posted March 17, 2011 Jilted Generation on Facebook Quote Link to post Share on other sites
Pent Up Posted March 17, 2011 Report Share Posted March 17, 2011 Jilted Generation on Facebook Ta. Some good comments on it. Seems not too many are actually in favour of it. Quote Link to post Share on other sites
Democorruptcy Posted March 17, 2011 Report Share Posted March 17, 2011 We should organise a protest against this disgraceful policy. You could write to your MP (stop laughing....) about it via http://www.theyworkforyou.com/ Quote Link to post Share on other sites
Pent Up Posted March 17, 2011 Report Share Posted March 17, 2011 You could write to your MP (stop laughing....) about it via http://www.theyworkforyou.com/ Done. Grant Shapps never bothered to reply to the letter I sent him february but my local mp is normally good so I wrote to him this time. Quote Link to post Share on other sites
catmandu Posted March 17, 2011 Report Share Posted March 17, 2011 Mail sent to my local council to ask for their reassurance that they will not be partaking in this charade. Quote Link to post Share on other sites
Doctor Gloom Posted March 17, 2011 Report Share Posted March 17, 2011 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!!!! Nice to see more millions are going to be written off in the falling market. Next is banks balance sheets. Quote Link to post Share on other sites
maxdiver Posted March 18, 2011 Report Share Posted March 18, 2011 Reply from the Chief Executive of East Lothain Council: Dear Mr XXXX and Mr XXXX,Thank you for your emails. I am pleased to respond as follows. The Council is the statutory housing authority for East Lothian and has an obligation to help people access suitable housing. We meet our obligation in a variety of ways depending upon local housing need, the specific legal obligations and restrictions that apply and our financial capacity. The main part of our response to meeting housing need in East Lothian has been to do all we reasonably can to increase the supply of affordable rented housing by building Council houses. This will continue. We are aware that this is not fulfilling all the housing need in East Lothian and our assessment is that this scheme will be of assistance to first –time buyers that can afford a mortgage but cannot access a large deposit. If we can help these people into their own homes, then that will help them access suitable housing and release housing for other people. As the publicly available report made by officials to the Council Cabinet on 8 March explains, the scheme only applies to certain types of properties up to a maximum loan value. For example, new build properties are not included. Based on the best information we can identify on mortgage defaults, and allowing for the interest that Lloyds TSB will pay on the funds deposited by the Council, we do not expect this scheme to cost the taxpayer any money. Ultimately, as the statutory housing authority the Council has legal responsibilities for anyone homeless in East Lothian, including meeting the costs of dealing with homelessness. By intervening mainly to boost the supply of affordable rented housing with only limited interventions to help specific groups of people like first-time buyers, the Council intends to minimise the social and financial costs of homelessness and inadequate housing. Yours sincerely, Alan J ******* Chief Executive ********************************************************************** Email Disclaimer - East Lothian Council This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender and ensure it is deleted and not read copied or disclosed to anyone else. It is your responsibility to scan this email and any attachments for computer viruses or other defects. East Lothian Council do not accept liability for any loss or damage which may result from this email or any files attached. Email is not secure and can be intercepted, corrupted or amended without the knowledge of the sender. East Lothian Council do not accept liability for errors or omissions arising as a result of interrupted or defective transmission. ********************************************************************** _________________________________________________________________ This e-mail has been scanned for viruses by MessageLabs. Quote Link to post Share on other sites
SarahBell Posted March 18, 2011 Report Share Posted March 18, 2011 Reply from the Chief Executive of East Lothain Council: If we can help these people into their own homes, then that will help them access suitable housing and release housing for other people. What housing? Private rented? Council housing? Quote Link to post Share on other sites
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