juvenal Posted November 11, 2013 Share Posted November 11, 2013 http://www.bbc.co.uk/news/business-24892649 Quote Link to comment Share on other sites More sharing options...
XswampyX Posted November 11, 2013 Share Posted November 11, 2013 (edited) I can see three problems with that straight away. 1. B.B.C 2. RBS. 3. HALIFAX. I rest my case, your honour. Edit :- just to add... RBS said it had so-far approved 169 of its 1,075 applications, and five customers had already completed their purchases. Hmmm.... five, what percentage of the population of the UK is that? 0.000000000009%? Edited November 11, 2013 by XswampyX Quote Link to comment Share on other sites More sharing options...
kev-all-in Posted November 11, 2013 Share Posted November 11, 2013 It'll be interesting to see what sort of percentage of applicants on the scheme get approved and then go on to actually complete, I suspect it may be pretty low given the inherently younger and 'less prime' demographic it's aimed at. What's the betting the applicant / approval stats will be quietly dropped in future propaganda press releases. I'm hoping this ridiculous scheme quietly fizzles out over the next few months like most of these government 'initiatives' seem to. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 11, 2013 Share Posted November 11, 2013 I can see three problems with that straight away. 1. B.B.C 2. RBS. 3. HALIFAX. I rest my case, your honour. Edit :- just to add... Hmmm.... five, what percentage of the population of the UK is that? 0.000000000009%? it's 10% of the greatest of the greater fools in the country. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 11, 2013 Share Posted November 11, 2013 Yep saw this propaganda ramping on the BBC this morning. Quote Link to comment Share on other sites More sharing options...
cool_hand Posted November 11, 2013 Share Posted November 11, 2013 (edited) "The average price of the property being bought was £167,565." What and where are they exactly buying? There is nothing in London you would want to actually live in. Edited November 11, 2013 by cool_hand Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 11, 2013 Share Posted November 11, 2013 http://www.express.co.uk/news/uk/442351/Government-housing-scheme-helps-more-than-75-families-a-day 75 families a day being helped to buy an overpriced house. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted November 11, 2013 Share Posted November 11, 2013 Strong start for Help to Buy = 5 sales What would have been a weak start? 2 sales? Quote Link to comment Share on other sites More sharing options...
Dorkins Posted November 11, 2013 Share Posted November 11, 2013 Cameron fibbing again: Mr Cameron said: “Four weeks in and it's clear that Help to Buy is already delivering. In just one month, over 2,000 people have been accepted for a Help to Buy mortgage." Telegraph Quote Link to comment Share on other sites More sharing options...
awaytogo Posted November 11, 2013 Share Posted November 11, 2013 http://www.express.co.uk/news/uk/442351/Government-housing-scheme-helps-more-than-75-families-a-day 75 families a day being helped to buy an overpriced house. +1 Spot on Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted November 11, 2013 Share Posted November 11, 2013 = 5 sales What would have been a weak start? 2 sales? A weak start would have been 200 sales fallen through. A promising start would have been 10 sales fallen through. To get into positive territory is frankly stunning. Quote Link to comment Share on other sites More sharing options...
MartinE Posted November 11, 2013 Share Posted November 11, 2013 Not exactly game changing crowds. Influence on house prices more the associated ramping in the media. Quote Link to comment Share on other sites More sharing options...
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