Scrap Help To Buy @ScrapHelpToBuy
Please sign the petition. This policy is a widely-reviled travesty that will only make housing more expensive. epetitions.direct.gov.uk/petitions/55717 UK Joined October 2013-
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.@David_Cameron No one knows why George Peabody did what he did but everyone knows why you're undoing it. #cynicalvotebuying #GE2015
.@rustyrockets .@TheSunNewspaper FYI Tenants everywhere, you're responsible for you're landlords' tax affairs henceforth, by tabloid decree.
Turns out .@rustyrockets is just a worthless tenant like the rest of us. Thx 2 .@TheSunNewspaper for letting us know Y not to listen to him
The way the party political conferences are courting the young vote, you'd think that they were secretly about to raise the voting age to 45
.@gjmoran1 .@pricedoutuk Agreed. Tempted to rebrand as ScrapBTL. Perverse effects of HTB2 are nothing compared to BTL's incentives.
.@Gregory_Smith .@Peston Not sure how much difference scrapping it would make now. Construction and curbing BTL are the real panacea.
@Gregory_Smith @Peston Exactly. HTB2's psychological effect upon other buyers dwarfed the direct impact of subsidising 95% LTV borrowers.
Cue the press reporting that HTB2 did not create a bubble, in spite of all the BTL investment and BoMaD panic buying that rushed to beat it.
Latest stats show HTB2 take-up has grown substantially, but still only guarantees £1bn of a mooted £130bn worth of mortgages.
Funny that the govt. wants to curb HTB even though no one is using it. Easier than acknowledging the far bigger problem of Buy-To-Let, mind.
East England MEP Vicky Ford blocked EU legislation designed to end unfair advantages for landlords in the mortgage market. Don't reelect her
Annoyed at the Housing Minister on #Newsnight? We're campaigning for an end to rising house prices and need your help pricedout.org.uk/prices_petition
UK house prices vs house building. Via @ReutersFlasseur:
"Do U think rising HPs are a good thing?" "Yeah, I bought a house expecting the value to rise and I'm sure U did too" Our housing minister!
Former MPC member .@AdamPosen joins list of HTB's critics: bbc.co.uk/news/business-…
5 months into its 3-yr lifespan, HTB2 has exhausted just £37m of the earmarked £10bn, but HPs are up 9%, so psychologically, it's a success.
Since #Osborne Help to Buy introduced House prices have risen 8% pricing out 6x more than benefited via @pricedoutuk
bbc.co.uk/news/uk-267021… As we've been saying for weeks, HTB2 has had minimal take-up, but no one has noticed. 500 out of 90,000 loans/month.
bloomberg.com/news/2014-03-0… National Audit Office calls for formal evaluation of HTB2 so far and clearer exit strategy #ScrapHTB2
telegraph.co.uk/finance/person… Predecessor to HTB leaves mortgagors stranded on high SVRs. A sign of things to come for HTB applicants?
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