Saturday, Jul 15, 2006

Better planning the route forward?

Firstrung: First time buyer help onto the first-rung slammed by the NAO

Thousands of families would be helped onto the first-rung of the housing ladder if low-cost ownership schemes were better run, the public spending watchdog has said. Spiralling house prices have created a growing shortage of affordable homes for key workers and other priority groups, the National Audit Office (NAO) said in a report.

Posted by Converted Lurker @ 10:21 AM (574 views)
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2 Comments

1. sirgoogle said...

FTB. If the Govt offers you something - be suspicious. Invariably it is the Treasury driving it from behind and therefore badly thought through in the long term. I remember the advertising to public workers to come out of SERPs and the Civil Service Pension Scheme - this benefited the Govt immediately - but left the individuals that took it up with a pensions shortfall in the long term. The same thing applies to shared key-worker schemes. Be suspicious and do your homework. Remember the thing they should do is pay you more to stop you leaving.

Sunday, July 16, 2006 02:37PM Report Comment
 

2. Sloth said...

"Key Workers" what a lie. It another bribe for labour voters, who largely get paid in the extortion funded sector (laughably called public sector).

Sunday, July 16, 2006 08:28PM Report Comment
 

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