Help to Buy is nothing but an election ploy....

chucky

Graham_Devon wrote: »

And so you just carry on...

Have fun chuckles.

Yes, your double standards do carry on and you never learn.

Do you enjoy people treating you like an idiot?

wotsthat

Percy1983 wrote: »

I was priced out for a good few years, its only due to raising my income above local averages, finding somebody to buy with and prices reducing 25% I was no longer priced out.

Academic really because during those good few years you didn't save a penny until the last 8-9 months.

Your income rising above local average, finding someone to buy with and prices falling in the intervening period were just the icing on the cake. You weren't priced out - you just didn't have a deposit and wanted to buy a home for life as a FTB.

I'm not knocking this but there are a few attempts at rewriting back stories going on recently.

wotsthat

grizzly1911 wrote: »

If 10% is out of your reach but 5% can be "scraped together" it is worthwhile scraping.

Time will tell.

So, when push comes to shove, you've got a bad feeling about something but you're not sure what or why?

grizzly1911

wotsthat wrote: »

So, when push comes to shove, you've got a bad feeling about something but you're not sure what or why?

If they were a good commercial opportunity there would be no need for a government backed guarantee.

ukcarper

Graham_Devon wrote: »

I know, but that wasn't your point.

Your point was specifically that people couldn't borrow more. You've switched it now to more people borrowing.

The point of the scheme is exactly that, it's designed to let them borrow more.

Hence the guarentee from the government!

I've just reread this post and it is classic muddling I haven't changed my point of view that is exactly what I have been saying from the start.

ukcarper

grizzly1911 wrote: »

I am sure there are but rules tend to get bent when it suits and desperate people do desperate things.

The rules are tighter and supposedly going to be enforced I think that is a very important part of HTB. I would be totally against it if that does not happen.

Although it increases the risk of negative equity I don't see smaller deposits as a bad thing I would see relaxing of the affordability rules as a bad thing.

grizzly1911

ukcarper wrote: »

The rules are tighter and supposedly going to be enforced I think that is a very important part of BTL. I would be totally against it if that does not happen.

Although it increases the risk of negative equity I don't see smaller deposits as a bad thing I would see relaxing of the affordability rules as a bad thing.

I didn't think there were any rules for BTL.

ukcarper

grizzly1911 wrote: »

I didn't think there were any rules for BTL.

Thanks I corrected.

I'm sure there are rules for BTL mortgages but I've no idea what they are as I've never had the desire to have one.

Percy1983

chucky wrote: »

Actually no Percy, there are posts where Devon was telling people that HTB would have no impact on house prices.

I've also educated you where you were bailed out by your girlfriend to take advantage of lower interest rates just like some homeowners and banks that you criticise. I highlighted your double standards, you've never liked that you have been exposed.

I actually have a challenge for you chucky.

Yes there is serveral debates about if I was bailed etc, to which I use all the truth and you use the bits which suit, so no you are not making stuff up just mis quoting really.

But here is the challenge, you have said one nasty thing about me which you completely made up and to try and make me look bad.

So if I quote said comment here your challenge is either prove the nasty comment you made up as correct or apologise for making such a baseless nasty comment?

Sound fair? (awaits complete dodge or change of subject)

mayonnaise

Percy1983 wrote: »

I actually have a challenge for you chucky.

Yes there is serveral debates about if I was bailed etc, to which I use all the truth and you use the bits which suit, so no you are not making stuff up just mis quoting really.

But here is the challenge, you have said one nasty thing about me which you completely made up and to try and make me look bad.

So if I quote said comment here your challenge is either prove the nasty comment you made up as correct or apologise for making such a baseless nasty comment?

Sound fair? (awaits complete dodge or change of subject)

Hello again Percy, and yes, I know this question wasn't aimed at me.

There are several posts (and I quoted a couple earlier in the thread) where you tell the whole community here that you had approx 25K debts while your then GF owed a couple of grand.
So you can dress it up anyway you like, but it's a bailout.
I'm not saying it's wrong. If you and Ms. Percy were/are happy with that, it's all that counts.
But please, give credit where credit is due.