TheCountOfNowhere Posted July 6, 2015 Share Posted July 6, 2015 https://www.gov.uk/government/news/100-million-boost-for-small-housebuilders "Small builders to benefit from a £100 million cash boost to recognise and support their important role in keeping the country building." You couldnt make this up !!!! Quote Link to comment Share on other sites More sharing options...
Fairyland Posted July 6, 2015 Share Posted July 6, 2015 Is this to get small builders off WTC? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 Is this to get small builders off WTC? It's: " to recognise and support their important role in keeping the country building" WTF !!!!! Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted July 6, 2015 Share Posted July 6, 2015 (edited) £100 million 3000 small builders But just 50 investments for 2000 new homes It's a subsidy of £2 million per 'small builder' or £50k per house built. Can I have £50k off the price of my self-build house please (if I could find some land) Edited July 6, 2015 by LiveinHope Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 6, 2015 Share Posted July 6, 2015 Yet more austerity of giving money away as a subsidy but this isn't welfare! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 Brandon Lewis MP @BrandonLewis 18m18 minutes ago In the last 25 years small builders have fallen from 12,000 to 3,000 - we will begin to reverse this #BuildingBritain http://ow.ly/Pdul0 4 retweets1 favorite Reply Retweet4 Favorite1 More AreTheShiresCrashing @ShiresCrashing 15m15 minutes ago @BrandonLewis Cut taxes.Cut Red Tape. Cut House Price. Cur Planning Permission. Job done. Please, stop trying to help us. 0 retweets0 favorites Reply Retweet Favorite More AreTheShiresCrashing @ShiresCrashing 8m8 minutes ago @BrandonLewis I am being asked to pay tax so you can give the money to builders so they can charge me a fortune to live in a shoe box ? 0 retweets0 favorites Reply Retweet Favorite More Quote Link to comment Share on other sites More sharing options...
zugzwang Posted July 6, 2015 Share Posted July 6, 2015 Spend. Spend. Spend. Fixing the roof with the economic equivalent of a wrecking ball. Quote Link to comment Share on other sites More sharing options...
Guest_northshore_* Posted July 6, 2015 Share Posted July 6, 2015 More aid for the destitute landowners support group then.BTLDual income mortgages Interest only mortgagesBTL tax advantagesInterest rates Relatively lower Basel capital requirements/risk weightings for property backed assets Mostly unregulated BTL lending Funding for LendingNewbuy GuaranteeFirstbuy SchemeHomebuyHelp to Buy equity loansHelp to Buy mortgage guaranteeShared OwnershipPFIHousing benefit Support for Mortage InterestBuild now pay later SchemeNew Homes BonusAffordable Homes ProgrammeGet Britain Building FundBuilders Finance FundRight to BuyProposed building standard and regulation cost cuttingLooser residential planning approval rules for offices/commercial propertyReleasing more public land for private rather than public upliftNew homes zero-rated for VATBuild to Rent FundStamp duty reformsRental Deposit Loan SchemeHelp to Buy ISAPension/inheritance reforms'Discounted' starter homesExpropriating HA propertiesRaising inheritance tax limit for propertyHousing Growth Partnership Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 Let's not forget something here: http://www.telegraph.co.uk/news/earth/hands-off-our-land/8754027/Conservatives-given-millions-by-property-developers.html " Conservatives given millions by property developers"At some point someone really needs to go to fail for the rest of their lives ( IMHO ). Quote Link to comment Share on other sites More sharing options...
WideAsleep Posted July 6, 2015 Share Posted July 6, 2015 More aid for the destitute landowners support group then. BTL Dual income mortgages Interest only mortgages BTL tax advantages Interest rates Relatively lower Basel capital requirements/risk weightings for property backed assets Mostly unregulated BTL lending Funding for Lending Newbuy Guarantee Firstbuy Scheme Homebuy Help to Buy equity loans Help to Buy mortgage guarantee Shared Ownership PFI Housing benefit Support for Mortage Interest Build now pay later Scheme New Homes Bonus Affordable Homes Programme Get Britain Building Fund Builders Finance Fund Right to Buy Proposed building standard and regulation cost cutting Looser residential planning approval rules for offices/commercial property Releasing more public land for private rather than public uplift New homes zero-rated for VAT Build to Rent Fund Stamp duty reforms Rental Deposit Loan Scheme Help to Buy ISA Pension/inheritance reforms 'Discounted' starter homes Expropriating HA properties Raising inheritance tax limit for property Housing Growth Partnership When you compile the list it is quite impressive isn't it. I heard on the news a couple of weeks ago that in Eurozone the UK represents a free market economy... Quote Link to comment Share on other sites More sharing options...
ccc Posted July 6, 2015 Share Posted July 6, 2015 Lord that list is horrendous. Quite sad really knowing what would have happened - and should have happened - if they had just left it be like Spain, US or Ireland. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 More aid for the destitute landowners support group then. BTL Dual income mortgages Interest only mortgages BTL tax advantages Interest rates Relatively lower Basel capital requirements/risk weightings for property backed assets Mostly unregulated BTL lending Funding for Lending Newbuy Guarantee Firstbuy Scheme Homebuy Help to Buy equity loans Help to Buy mortgage guarantee Shared Ownership PFI Housing benefit Support for Mortage Interest Build now pay later Scheme New Homes Bonus Affordable Homes Programme Get Britain Building Fund Builders Finance Fund Right to Buy Proposed building standard and regulation cost cutting Looser residential planning approval rules for offices/commercial property Releasing more public land for private rather than public uplift New homes zero-rated for VAT Build to Rent Fund Stamp duty reforms Rental Deposit Loan Scheme Help to Buy ISA Pension/inheritance reforms 'Discounted' starter homes Expropriating HA properties Raising inheritance tax limit for property Housing Growth Partnership Tweeted @ShiresCrashing Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 More aid for the destitute landowners support group then. BTL Dual income mortgages Interest only mortgages BTL tax advantages Interest rates Relatively lower Basel capital requirements/risk weightings for property backed assets Mostly unregulated BTL lending Funding for Lending Newbuy Guarantee Firstbuy Scheme Homebuy Help to Buy equity loans Help to Buy mortgage guarantee Shared Ownership PFI Housing benefit Support for Mortage Interest Build now pay later Scheme New Homes Bonus Affordable Homes Programme Get Britain Building Fund Builders Finance Fund Right to Buy Proposed building standard and regulation cost cutting Looser residential planning approval rules for offices/commercial property Releasing more public land for private rather than public uplift New homes zero-rated for VAT Build to Rent Fund Stamp duty reforms Rental Deposit Loan Scheme Help to Buy ISA Pension/inheritance reforms 'Discounted' starter homes Expropriating HA properties Raising inheritance tax limit for property Housing Growth Partnership Dont forget MASS IMMIGRATION !!!! Quote Link to comment Share on other sites More sharing options...
billybong Posted July 6, 2015 Share Posted July 6, 2015 (edited) Dont forget MASS IMMIGRATION !!!! and also not to forget just keeping the numbers of new houses being built very low - as well as demolishing quite a few. Then there's the rich overseas buyers freedom to set UK house prices along with overseas marketing. In other words everything that can be done to aggravate the house price/housing problem is being done along with think tanks spending every waking hour to dream up even more schemes. Edited July 6, 2015 by billybong Quote Link to comment Share on other sites More sharing options...
spyguy Posted July 6, 2015 Share Posted July 6, 2015 Small builders are not the same as property developers or (large) property companies. Small builders (less than 100 employees) get screwed over all the time by the above. To be honest, the building trade is like the Wild West - cowboys above, cowboys below. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 6, 2015 Author Share Posted July 6, 2015 Small builders are not the same as property developers or (large) property companies. Small builders (less than 100 employees) get screwed over all the time by the above. To be honest, the building trade is like the Wild West - cowboys above, cowboys below. None of them should be getting government subsidys Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted July 6, 2015 Share Posted July 6, 2015 It is because of brown envelope like this, they will never get my vote again. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted July 6, 2015 Share Posted July 6, 2015 If they can't make money in a ZIRP environment with high house prices, they never will. Quote Link to comment Share on other sites More sharing options...
canbuywontbuy Posted July 6, 2015 Share Posted July 6, 2015 If they can't make money in a ZIRP environment with high house prices, they never will. So true. 6 years of ZIRP and house builders are struggling?! Why don't they sell their houses cheaper....just a thought... Quote Link to comment Share on other sites More sharing options...
happy_renting Posted July 6, 2015 Share Posted July 6, 2015 Brandon Lewis MP @BrandonLewis 18m18 minutes ago In the last 25 years small builders have fallen from 12,000 to 3,000 - we will begin to reverse this #BuildingBritain http://ow.ly/Pdul0 4 retweets1 favorite Reply Retweet4 Favorite1 More What a facile argument. The 12,000 to 3,000 reduction could, in theory be entirely as a result of consolidation, mergers and efficiency. It isn't entirely of course, but it is a factor. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted July 6, 2015 Share Posted July 6, 2015 Nothing more than lies and fuqtardness. Quote Link to comment Share on other sites More sharing options...
repetitive bleats Posted July 6, 2015 Share Posted July 6, 2015 More aid for the destitute landowners support group then. BTL Dual income mortgages Interest only mortgages BTL tax advantages Interest rates Relatively lower Basel capital requirements/risk weightings for property backed assets Mostly unregulated BTL lending Funding for Lending Newbuy Guarantee Firstbuy Scheme Homebuy Help to Buy equity loans Help to Buy mortgage guarantee Shared Ownership PFI Housing benefit Support for Mortage Interest Build now pay later Scheme New Homes Bonus Affordable Homes Programme Get Britain Building Fund Builders Finance Fund Right to Buy Proposed building standard and regulation cost cutting Looser residential planning approval rules for offices/commercial property Releasing more public land for private rather than public uplift New homes zero-rated for VAT Build to Rent Fund Stamp duty reforms Rental Deposit Loan Scheme Help to Buy ISA Pension/inheritance reforms 'Discounted' starter homes Expropriating HA properties Raising inheritance tax limit for property Housing Growth Partnership Don't forget unprecedented levels of forbearance from lenders Quote Link to comment Share on other sites More sharing options...
Guest_northshore_* Posted July 6, 2015 Share Posted July 6, 2015 Don't forget unprecedented levels of forbearance from lenders Among the mess forbearance isn't something I have a particular problem with - it should be a matter for creditors to weigh up in assessing the likelihood and extent of returns. If people don't like forbearance they need to let go of concepts like deposit insurance, guarantees and rent-seeking. I'm not sure I'd lose that much sleep if (hypothetical) electromagnetic pulse bombs disabling all electronic infrastructure and records were simultaneously detonated over every significant financial and political centre on the planet. Quote Link to comment Share on other sites More sharing options...
Si1 Posted July 6, 2015 Share Posted July 6, 2015 Ffs. Sure subsidising demand through htb is outrageous. Subsidising supply, when there is a supply crisis, seems to be on hpc's side. Some of you lot just oppose everything Reminds of my baldrick denying his own name. You object to every government initiative whether good or bad. Quote Link to comment Share on other sites More sharing options...
campervanman Posted July 6, 2015 Share Posted July 6, 2015 Look it's the benefit of having your own currency and not having an economy like those nasty Germans. You know it makes sense. Quote Link to comment Share on other sites More sharing options...
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