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laurejon

Is Shared Ownership The Answer To The Credit Crunch

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Shared ownership. Buy 50% of a property using a mortgage to fund 95% of the bit you're buying and rent the rest. So you actually own 2.5% of the property.

Get a 95% mortgage. So you own 5% of the property.

Shared ownership with a mortgage or just a mortgage.

Same thing really, just you own even less with shared ownership.

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Guest DissipatedYouthIsValuable
Or should the banks remain in private hands ;)

They're clearly feckless and should work hard and save up for what they want.

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Guest DissipatedYouthIsValuable
I think four or more banks should club together to raise finance.

Interest rates are historically low, they should forget the old multiples, it's all about long term affordability.

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Interest rates are historically low, they should forget the old multiples, it's all about long term affordability.

Bail outs can only go up

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Guest DissipatedYouthIsValuable
Of course if you get the armageddon systemic banking crisis you all want, the Government will have to nationalise the whole banking sector.

Our economy could not function and compete without electronic money.

That should slow down the pace of borrowing for imports

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  • 297 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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