Jump to content
House Price Crash Forum
Sign in to follow this  
Papa Lazarou

Bank Wants Help To Buy Scaled Back

Recommended Posts

http://www.bbc.co.uk/news/business-25876927

Not sure I have seen this anywhere? - Robert Peston article.

Quote

I have learned that the governor of the Bank of England would like the Treasury to reduce the maximum size of loan that qualifies for a government-backed Help to Buy mortgage from £600,000 to perhaps £350,000 or £400,000.

He later updates the article with.....

Quote.

'The Bank of England has given me this statement in response to my story on the Governor's position on Help to Buy: "The assertion that the governor would like the Treasury to reduce the maximum size of loan that qualifies for a Help to Buy mortgage is completely without foundation." For what it is worth, I stand by everything I wrote.'

I wonder if there's anything to it? The comments are all on the same side too.

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/business-25876927

Not sure I have seen this anywhere? - Robert Peston article.

Quote

I have learned that the governor of the Bank of England would like the Treasury to reduce the maximum size of loan that qualifies for a government-backed Help to Buy mortgage from £600,000 to perhaps £350,000 or £400,000.

He later updates the article with.....

Quote.

'The Bank of England has given me this statement in response to my story on the Governor's position on Help to Buy: "The assertion that the governor would like the Treasury to reduce the maximum size of loan that qualifies for a Help to Buy mortgage is completely without foundation." For what it is worth, I stand by everything I wrote.'

I wonder if there's anything to it? The comments are all on the same side too.

...seems good idea ..why support the London bubble ...are we mad....?.. :rolleyes:

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/business-25876927

Not sure I have seen this anywhere? - Robert Peston article.

Quote

I have learned that the governor of the Bank of England would like the Treasury to reduce the maximum size of loan that qualifies for a government-backed Help to Buy mortgage from £600,000 to perhaps £350,000 or £400,000.

He later updates the article with.....

Quote.

'The Bank of England has given me this statement in response to my story on the Governor's position on Help to Buy: "The assertion that the governor would like the Treasury to reduce the maximum size of loan that qualifies for a Help to Buy mortgage is completely without foundation." For what it is worth, I stand by everything I wrote.'

I wonder if there's anything to it? The comments are all on the same side too.

Boe thinking of others , who would have thought it :lol:

2sao1n5.jpg

Share this post


Link to post
Share on other sites

well I can think of 840,000 reasons to stay.

..yeah ..holding out for the sack ...but that will not come if he agrees with Osborne all the way to the bottom...'top of the house inflation league'..... :rolleyes:

Share this post


Link to post
Share on other sites

why?...are people taking it up?...i mean, paying over market rates when they would have qualified anyway?

Share this post


Link to post
Share on other sites

why?...are people taking it up?...i mean, paying over market rates when they would have qualified anyway?

..the odd scenario in this land, possibly 'because it is their right' ....even if it sinks them... :rolleyes:

Edited by South Lorne

Share this post


Link to post
Share on other sites
why?...are people taking it up?...i mean, paying over market rates when they would have qualified anyway?

Why risk your own capital when you can use taxpayer's money instead? Then you still have that capital to invest elsewhere- ideally with a too big to fail bank stuffed full of taxpayer funded QE- what's not to like?

How fortunate we are to have the party of free markets in office. :lol: :lol: :lol:

Share this post


Link to post
Share on other sites

future diabetic lardasses too if they keep eating the sugary crap cameron has dangled in front of them.

If you look closely some minion charged with political correctness has included a plate of assorted veg and if my veg spotting is correct there are a couple of radish!

What kid is going to choose a radish over a cake?!

Share this post


Link to post
Share on other sites

How fortunate we are to have the party of free markets in office. :lol: :lol: :lol:

Tories love free markets on the demand side. Not on the supply side of course as that cuts across their various vested interests and fingers in various cartels like the Tory millionaire who owns most of 'Benefit Street' and all those that bought ex Council for their BTL portfolio's laugh.gif

Tory free market economics and Thatcherism? Utter sham

Edited by aSecureTenant

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/business-25876927

Not sure I have seen this anywhere? - Robert Peston article.

Quote

I have learned that the governor of the Bank of England would like the Treasury to reduce the maximum size of loan that qualifies for a government-backed Help to Buy mortgage from £600,000 to perhaps £350,000 or £400,000.

WOT??? :o:huh::unsure: Decrease the amount advanced with Help to Buy take out a LIAR LOAN -- so as to artificially prop up the "market" via fraud????

Nah...... :rolleyes:

Edited by eric pebble

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...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 407 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.