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timebandit

Petition For More Help For First Time Home Buyers

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The Government has a number of schemes on the go for first time buyers – more shared ownership options, low cost housing, using infill land etc – but eligibility is typically narrow, availability low and the impact very small. In our view at FirstRungNow, their attitude to stamp duty is poor and we'd like to see change - they could do a lot more to help! Influence housing policy - get stamp duty abolished for first time buyers!

Please sign up and be counted!

Tick the boxes you agree with.

Petition

I think the government could do more for first time buyers

Stamp duty should be abolished for FTBs

Landlords of 1 and 2 bedroom properties should have their gross income supertaxed

Government schemes should be more widely available to non-key-workers

People joining forces to afford a first home should receive tax relief

There should be more investment in employment outside London and the South East

Gazumping should be outlawed

My idea of how the government could really help FTBs is:

Or leave the answer house valuations need to drop 20% (+)

PETITION

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If you vote I expect you'll get alot of EA spam.

Try Mailinator

Helen Adams has been offering independent advice for aspiring first time buyers for over six years.

She started her independent advice site FirstRungNow.com in 2003 when she realised that first time buyers were going to have to accept that with property prices being so high in many parts of the UK, some sort of co-ownership or co-financing was necessary as part of the house-buying culture. With advice and information about shared ownership, co-buying, shared equity, HomeBuy and many other schemes and all the other possibilities, Helen Adams launched her website.

Helen Adams is frequently asked for her comment for national newpapers, magazines, tv and radio. She also offers presentations for big corporates offering their staff added value benefits.

FirstRungNow.com is the leading UK first time buyer website with a large and growing visitor numbers and Helen Adams is the founder and managing director.

Helen Adams is a certified Mortgage Advisor.

What about us, do we not count :D

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Finally, note the disappearance of first-time buyers. There are 90% fewer of them than there were at the height of the bubble and their average age is now 37 :o .

37 year olds rarely sign petitions they know none work :lol:

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Hmm.

I'm worried that any response will:

1 ) be used as an indication of demand;

2 ) merely be counted as another request for 'more innovative' financing, irrespective of wht you write in the box.

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Or leave the answer house valuations need to drop 20% (+)

PETITION

I take it you mean 20% + on top of the existing 20% falls?

So 40% + from peak....

Anything less than a 50% + reduction means its overpriced.

For over ten years every estate agent you talked to swore blind house prices would never drop. The Bradford and Bingley even printed it on their main product.

The BTL mortgage. Before they went bust to the tune of £55 Billion. By lending practices like letting Fergus Wilson borrow enough money to buy over 900 houses......

Estate Agents and their ilk have not even begun to feel any real pain yet.

They have also constantly stated that the the housing market does not need FTB's.

Fine. Lets all wait until they are living in cardboard boxes, and house prices have dropped by 70% before we buy.

In my neck of the woods, where house prices more than trebled, that would only take them back to their late 90's measure of affordability anyway....

Edited by Dan1

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I answered this anyway!! Left all boxes unchecked but put in the comments box: "Remove all the supports to keep house prices at their current vastly inflated levels, enact the MMR in full to get back to sane and sensible lending criteria and let the housing market find its' own level." ... I was tempted to supertax landlords tho!

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I answered this anyway!! Left all boxes unchecked but put in the comments box: "Remove all the supports to keep house prices at their current vastly inflated levels, enact the MMR in full to get back to sane and sensible lending criteria and let the housing market find its' own level." ... I was tempted to supertax landlords tho!

Why do some always instinctively reach for the tax option on anything? Bl**dy Socialists.

This market will tank regardless.

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Why do some always instinctively reach for the tax option on anything? Bl**dy Socialists.

This market will tank regardless.

I'm not sure if you are joking?

Anyway the reason I would like to tax BTL is to a. make it less of a desirable "investment" and b. why should rent income be tax free?

I am definitely NOT a socialist!

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  • 312 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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