We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices

In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Newbuy - Another flop

Graham_Devon · 2012-09-27 19:13:10

Newbuy, launched 3 months ago, was supposed to help get 100,000 potential housebuyers buying by 2015. However, so far, in the first 3 months, the scheme has only supported 250 households. If the current monthly figure continues, Newbuy will serve less than 3,000 households by it's target date. The target is that 8,000…

Comments

wymondham Posts: 6,356 Forumite

29 September 2012 at 9:48PM

thegirlintheattic wrote: »

We considered this and the equity loan scheme but the numbers just don't add up for us, or indeed any of our FTB friends.

Good for you - pleased to see people are seeing these schemes for what they are - just a way to shift new, overpriced shoeboxes, nothing to do with helping people buy suitable housing.

0