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Help to Buy may have to be scrapped, Vince Cable warns

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 22 September 2013 at 8:49PM
    And now it seems over half of mortgage brokers (the ignorant half) want to see help to buy scrapped altogether. A further 20% of ignorant mortgage brokers want to see it scaled back.


    http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2295891/half-of-brokers-call-for-help-to-buy-cancellation
    I'm starting to feel sorry for you now, really sorry to see what desperate individual you have become on this forum.

    Mortgage Solutions is a subscription magazine so when you say 50% of mortgage brokers it should really read 50% of mortgage brokers who subscribe to Mortgage Solutions magazine.

    You will avoid the question because that's the way you are but how many mortgage brokers (in absolute numbers) want it scrapped?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    I'm starting to feel sorry for you now, really sorry to see what desperate individual you have become on this forum.

    Mortgage Solutions is a subscription magazine so when you say 50% of mortgage brokers it should really read 50% of mortgage brokers who subscribe to Mortgage Solutions magazine.

    You will avoid the question because that's the way you are but how many mortgage brokers (in absolute numbers) want it scrapped.

    Hang on a minute. Let's take a step back here. Let's look at alternative surveys first before we start ignoring data.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 22 September 2013 at 7:26PM
    chucky wrote: »
    I'm starting to feel sorry for you now, really sorry to see what desperate individual you have become on this forum.

    Mortgage Solutions is a subscription magazine so when you say 50% of mortgage brokers it should really read 50% of mortgage brokers who subscribe to Mortgage Solutions magazine.

    You will avoid the question because that's the way you are but how many mortgage brokers (in absolute numbers) want it scrapped.

    So it's of irrelevance too then?

    How convinient!

    Unless we know the opinion of every single mortgage broker in the country, no poll can be used. Interesting way of ignoring the issues put forward.

    Any newspaper running an article has bad journalists who don't understand.

    Any economists not suggesting the scheme is brilliant are ignorant.

    Any business organisation suggesting it should be scrapped or is storing up trouble are VI's.

    Why don't we just agree that anuone not full of praise for this scheme shouldn't even be posted up or discussed here? Be easier, wouldn't it?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 22 September 2013 at 8:50PM
    So it's of irrelevance too then?
    Nope, never said that. Good to see that you have reverted to type and avoided the question and have gone on a different tangent trying to muddle what I said.

    btw, by the number of spelling mistakes in your post it was very angry one. I hope that your keyboard didn't take too much of a battering.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Why don't we just agree that anuone not full of praise for this scheme shouldn't even be posted up or discussed here? Be easier, wouldn't it?

    I can't imagine anyone being evangelical in their praise for a scheme that does little more than help FTB's gain access to a 95% loan following years of mortgage famine. Also can't really see such a person providing a running commentary (to the same 20 people) about every Tom, !!!!!! and Harry that says they like the scheme.

    That could be considered a touch obsessive even for a house price forum.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »

    That could be considered a touch obsessive even for a house price forum.

    And that could be considered yet more forumonics.

    First it was complaints about starting new threads. Then it was complaints about where the article came from. Now it's complaints the it's all contained within one single thread.

    You just let me know what I'm allowed to post, and when, eh?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    You just let me know what I'm allowed to post, and when, eh?

    Not up to me what you post and when. Some new perspective would be nice though.

    I'd be genuinely interested to know, as someone who fervently detests Help to Buy, whether you've investigated buying yourself. Also whether you think the scheme is bad for buyers who otherwise wouldn't have been able to buy.
  • And now it seems over half of mortgage brokers (the ignorant half) want to see help to buy scrapped altogether. A further 20% of ignorant mortgage brokers want to see it scaled back.

    Do turkeys vote for Christmas?

    Ask yourself how much commission they get on a HTB mortgage customers as opposed to non HTB customers.
  • And that could be considered yet more forumonics.

    First it was complaints about starting new threads. Then it was complaints about where the article came from. Now it's complaints the it's all contained within one single thread.

    You just let me know what I'm allowed to post, and when, eh?

    If we were to ration you to one post a month, would you take notice?

    You are "allowed" to post whatever you want, really. But be prepared to receive increased derision the more you do it.

    Imagine if one of us avidly disagreed with staying in Europe. How "sad" would it be to scour the press and post every damned article [from the Times, Private Eye, Croyden Gazette, and Muffin the Mule's monthly 'Fanzine'] which painted the same picture, we would look rather pathetic. It would annoy you. It would annoy everyone else.

    My advice is: Do yourself a favour, and just accept that HTB is here for a while. Live with it. Get a life. Have a holiday. Go out more. Take up a new hobby (Re-wiring, I'm told, is quite rewarding). Learn to spell. Send your computer away for a month for refurbishment. Lighten up with a few Gin & Tonics. Go and see a doctor.....

    ... but please, please, please, don't post every publicity-seeking journo, politician, or businessperson who joins the same bandwagon regurgitating all this anti-HTB stuff. It's not going to change what the government does. Nor is it going to convince any of the hundreds of thousands of people on this forum.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 23 September 2013 at 9:30AM
    wotsthat wrote: »
    That could be considered a touch obsessive even for a house price forum.
    It's just another stage in the meltdown.

    Before Help to Buy it was House Building and before that it was the need for Interest Rates to go up. It's all a self-defence strategy to protect himself, he's compartmentalising all of the self caused misfortunes in his life. It's easier to blame someone else than take responsibility for your own errors in life.
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