Housing Minister Live Q&A 3pm, 'mortgage famine' questions welcomed

HAMISH_MCTAVISH

Housing Minister Grant Shapps is available to answer any questions or complaints about the lack of mortgage funding, ongoing discrimination against FTB's from lenders, soaring costs of private rent making it impossible to save for an absurdly high deposit, the worsening housing shortage, etc, today at 3pm in a live blog Q&A session.

Blog opens for questions at 2:30pm.

http://www.guardian.co.uk/housing-network/2011/mar/03/grant-shapps-housing-live-q-a

TMoose

Which part of the social housing changes addresses all your issues Hamish?

" So we've invited him to take part in a live Q&A answering your questions on the changes to social housing and hopefully addressing your worries"

Moose

CloudCuckooLand

I expect he can always answer questions about the promising direction of prices for many regions, falling costs of rent in many regions, the ongoing discrimination against FTBs by falsely propping up an obvious bubble, the sensible policy of protecting against negative equity through adequate deposits, etc etc.

doire_2

HAMISH_MCTAVISH wrote: »

Housing Minister Grant Shapps is available to answer any questions or complaints about the lack of mortgage funding, ongoing discrimination against FTB's from lenders, soaring costs of private rent making it impossible to save for an absurdly high deposit, the worsening housing shortage, etc, today at 3pm in a live blog Q&A session.

Blog opens for questions at 2:30pm.

http://www.guardian.co.uk/housing-network/2011/mar/03/grant-shapps-housing-live-q-a

Hamish save your crocodile tears! We all know you dont give a damn about FTB. All you care about is high house prices.

Whats wrong? The end of 100%, 125% mortages, liar loans, self cert mortgages making you worried is it?

HAMISH_MCTAVISH

Well that went well..... Unless you're hoping for a crash.

Shapps clearly not interested in a crash, likes shared ownership as a solution, wants stability and prices to rise slowly, hpc crowd embarrassed themselves and got their frothy comments deleted.

Yes, a good session all around.

brit1234

HAMISH_MCTAVISH wrote: »

Well that went well..... Unless you're hoping for a crash.

Shapps clearly not interested in a crash, likes shared ownership as a solution, wants stability and prices to rise slowly, hpc crowd embarrassed themselves and got their frothy comments deleted.

Yes, a good session all around.

@Brit1234
Minister
Would you agree the government is wasting valuable tax payers money on shared ownership/equity properties designed to keep the housing bubble inflated. These homes represent a significant part of transactions at the moment.
By removing money for these schemes you can help fund valuable starved public sectors and allow house prices to fall quicker for the benefit of a whole generation of priced out first buyers.

Although I actually personally like shared ownership/equity properties, we're not actually currently spending any large sums on this area, simply because we don't have the money. However there are some interesting opportunities provided by the new Affordable Rent approach which will help people get their foot on the ladder.

Hamish you speak with forked tongue. He may like it as a solution but is not backing it with cash.

I think you will find shared ownership drying up as the funding goes by this April 4th.

:beer:

Yet another pillar propping up the housing bubble being removed. Shared ownership is a scam.