CurlyWhirly Posted August 21, 2008 Report Share Posted August 21, 2008 http://www.telegraph.co.uk/news/2593608/Ho...ouncil-tax.htmlhttp://www.timesonline.co.uk/tol/money/pro...icle4576618.eceIn a letter published in today's Times, they argue that the public sector should be able to help first-time buyers and those unable to secure a home loan. Critics believe that the move could lead to higher council tax if borrowers defaulted.As if council tax isn't high enough already Personally I think the government is just trying to save it's skin whatever the consequences to the economy like the forthcoming election 'bribes' that are due to be announced which will be financed by yet more government borrowing piling on the national debt. Quote Link to comment Share on other sites More sharing options...
andsome Posted August 21, 2008 Report Share Posted August 21, 2008 This is just typical of the blithering idiots running our once great country. Quote Link to comment Share on other sites More sharing options...
catgate Posted August 21, 2008 Report Share Posted August 21, 2008 ..... to 'kickstart' the mortgage market...........I know what want kicking.....and where! Scorched earth policy and bunker mentality spring to mind.Their "carefully thought out" schemes have brought us to this mess, do they really think that more of their "carefully thought out" schemes will get us out of it??? Quote Link to comment Share on other sites More sharing options...
Tankus Posted August 28, 2008 Report Share Posted August 28, 2008 house prices are falling ,which is a good thing for them , but its the £30~£40,000 deposits that are pricing out first time buyers...........that was almost as much as my first mortgage ..... gulp ! Quote Link to comment Share on other sites More sharing options...
andsome Posted August 29, 2008 Report Share Posted August 29, 2008 house prices are falling ,which is a good thing for them , but its the £30~£40,000 deposits that are pricing out first time buyers...........that was almost as much as my first mortgage ..... gulp !Not wishing to rub it in, but our first mortgage was £2200, out of a total house cost of £2900. :D Quote Link to comment Share on other sites More sharing options...
CurlyWhirly Posted August 29, 2008 Author Report Share Posted August 29, 2008 house prices are falling ,which is a good thing for them , but its the £30~£40,000 deposits that are pricing out first time buyers...........that was almost as much as my first mortgage ..... gulp !Not wishing to rub it in, but our first mortgage was £2200, out of a total house cost of £2900. :D Yes but wages were much lower I would expect! Quote Link to comment Share on other sites More sharing options...
andsome Posted August 30, 2008 Report Share Posted August 30, 2008 house prices are falling ,which is a good thing for them , but its the £30~£40,000 deposits that are pricing out first time buyers...........that was almost as much as my first mortgage ..... gulp !Not wishing to rub it in, but our first mortgage was £2200, out of a total house cost of £2900. :D Yes but wages were much lower I would expect!I earned £15 per week, and 'Er indoors £10. :D Quote Link to comment Share on other sites More sharing options...
makslm Posted September 29, 2008 Report Share Posted September 29, 2008 Hi, i am new to this, Would you the website where i can get the economy for the forthcoming election, since iam preparing project on that. Thanks in Advance.==============================================================Kathy RichardDeleted (commercial) Quote Link to comment Share on other sites More sharing options...
andsome Posted September 29, 2008 Report Share Posted September 29, 2008 I don't fully understand the question, it is badly worded. I don't think that the forum mods will approve of the link that you show, it is commercial advertising. :D Quote Link to comment Share on other sites More sharing options...
miajade20 Posted October 2, 2008 Report Share Posted October 2, 2008 house prices are falling ,which is a good thing for them , but its the £30~£40,000 deposits that are pricing out first time buyers........... the situation is really gone wreck. i also took a personal loan from Quote Link to comment Share on other sites More sharing options...
Tankus Posted October 2, 2008 Report Share Posted October 2, 2008 £30~£40,000 , is probably what I will eventually loose on my flat , only if I sell though ...hang tight till the olympic boom ...methinks Incidentally a company I know of plus a few other related ones are expecting a major financial domestic crisis in Jan/ feb , all the crap we are seeing in the papers at the mo is not really hitting the man in the street ..... by feb ...it will ....PS ....if your going to spam ...at least make it a UK site , otherwise its even more pointless ....arf Quote Link to comment Share on other sites More sharing options...
CurlyWhirly Posted October 3, 2008 Author Report Share Posted October 3, 2008 I think the mortgage market needs more than a 'kickstart' :0 http://www.telegraph.co.uk/finance/economi...5-per-cent.htmlhttp://www.guardian.co.uk/money/2008/sep/3...ges.housepriceshttp://www.dailymail.co.uk/news/article-10...-ONE-month.html Quote Link to comment Share on other sites More sharing options...
andsome Posted October 3, 2008 Report Share Posted October 3, 2008 The sooner that no one is allowed to borrow more than 90% of the house price the better. There should also be reintroduced a limit as to how much people can afford to pay back each month. When we first bought, I was earning £15 per week, and 'Er indoors was earning £10 per week. Only one wage was allowed to be taken into account, and we were only allowed to borrow a sum which needed a maximum monthly pay back of £15. In other words we were only allowed to pay back one quarter of my monthly income per month. Over time earnings were not allowed to be taken into consideration. Ridiculous prices were obviously not on the cards, because no one could have afforded them. I am not socialist by nature, and broadly support free market, but something as fundamental as a roof over ones head does need legislation to keep it affordable. Many people also need to get their priorities right. Not satisfied with moving into a house, they expect everything at one, rather than save and buy as and when they can afford to buy without further borrowing. We did not even have a TV set until we had been married for several years. :D Quote Link to comment Share on other sites More sharing options...
catgate Posted October 3, 2008 Report Share Posted October 3, 2008 Many people also need to get their priorities right. Not satisfied with moving into a house, they expect everything at one, rather than save and buy as and when they can afford to buy without further borrowing.You are too old fashioned, chum. Every one has a right to have what they want when they want it. They have a right to have as many children as they want, by what ever means of conception they chose. They and their children have a right to be kept by the state. They have the right to have those children educated by the state They have a right to cheap fuel and travel. They are to be protected from any form of excusion, discrimination, verbal or mental abuse no matter what their outlook is or what their ethnic origin is (legal or Illegal immigrants included.) In fact the more they spend of the country's money the more they get because the "Child Poverty" scam is so rigged that the more children they have the more money they get. It is also rigged so that as average earnings increase the more families come under its umbrella.All that has mattered is that these people should vote for the right party.....until now..However now that that nice Ms Mandy is to return all will be well, unless they all fall out in No !0 and start hitting each other with their handbags. Quote Link to comment Share on other sites More sharing options...
CurlyWhirly Posted October 4, 2008 Author Report Share Posted October 4, 2008 I am not socialist by nature, and broadly support free market, but something as fundamental as a roof over ones head does need legislation to keep it affordable.I disagree as government interference in our lives has already gone too far The current crisis is caused by the government cashing in on the housing market 'bubble' and greedy bankers and speculators making a fortune out of the money markets.It seems that the people who brought the financial markets to the present crisis are rewarded (like the former Northern Rock Adam Applegarth) whilst the public and taxpayers foot the bill for the irresponsible lending Quote Link to comment Share on other sites More sharing options...
catgate Posted October 4, 2008 Report Share Posted October 4, 2008 I disagree as government interference in our lives has already gone too far The current crisis is caused by the government cashing in on the housing market 'bubble' and greedy bankers and speculators making a fortune out of the money markets.It seems that the people who brought the financial markets to the present crisis are rewarded (like the former Northern Rock Adam Applegarth) whilst the public and taxpayers foot the bill for the irresponsible lending It is pretty sick and nothing short of an entirely new system of government will ever put things right.The triumvirate of Banking, Religion, and Politics are all very, very similar. They are all desperate for power and money.They are all based on Belief, Faith, and Deceit.They all make promises they are unable to keep, in order to attract punters.They each claim to be acting in the interest of the punters.They are all taking as much money out of the punters' pocket as they can possibly manage.The beneficiaries of this money are the men at the top. The public and the foot soldiers of banking, religion and politics are of no account, and are merely the cogs and gears of their evil machines.It is interesting to look at the wonderful buildings, and their contents, that accomodate these parasites, and marvel at the amount of money and labour extracted from the populace to provide this oppulence.Yesterday Big Merv promised a plentiful supply of money for the banks "The Bank will offer £40 billion at its next auction on October 7" that is £666666 for every man woman and child in the country. Where is he going to find all this from????? It just is not there.Over the last century the population have gradually lost what little real freedom they had (yes even the freedom to be poor and starve to death) and have become slaves to the state and banking, even worse than were the medieval peasants to the lords of the manor.I suspect that many of those at the top do not realise fully what they are doing, but they are just as guilty as those few that do, because they are not thinking, but are simply "painting by numbers".Until a totally different way of government is devised there can be no end to this destruction. It may well be that these are the Three Horsemen of the Alcopops. Quote Link to comment Share on other sites More sharing options...
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