Would the Tory 20% drop for first time buyers, reduce the price of old builds?

padington

chewmylegoff wrote: »

I still don't understand how you can discount a property. Do you have to sell it at a fixed price to the first person who comes along and bids for it? If so then anyone wanting to buy one of these will need to have a mate/parent/partner who works for a house builder/estate agent.

Otherwise when anyone who is under 40 and is a FTB can bid for it, it's going to sell at market price whatever you initially list it for. You could offer to give it away for free if you liked, it would still go for market price.

Flat price, first come first served. Maybe with a points based need hierarchy system a little like we do with council houses. So 100 points if you're considered a 'key worker ', 25 extra points if you have no convictions, 25 extra points if you're qualified in a particularly necessary profession like science or engineering etc, 25 points if you're under 30 etc with different local areas defining different 'needs'.

CLAPTON

padington wrote: »

Flat price, first come first served. Maybe with a points based need hierarchy system a little like we do with council houses. So 100 points if you're considered a 'key worker ', 25 extra points if you have no convictions, 25 extra points if you're qualified in a particularly necessary profession like science or engineering etc, 25 points if you're under 30 etc with different local areas defining different 'needs'.

how is the 'flat ' price determined?
does it depend upon how many bedrooms, the size, the location, the outlook, the garden size, the parking.................

padington

CLAPTON wrote: »

how is the 'flat ' price determined?
does it depend upon how many bedrooms, the size, the location, the outlook, the garden size, the parking.................

Building firm gives quote to build and must keep to it, then the gov doesn't add on the 20% it might do otherwise ? I don't know, just a guess.

Crashy_Time

CLAPTON wrote: »

well that target is UP TO 20,000 per year


will the 20,000 be additional and if so to what ?
how do we know that these properties wouldn't have been built anyway?


the 20% reduction is on what price : there is no 'price ' for a property as it all depends upon supply and demand so the reduction is merely a matter of opinion


if the government has all this 'brown' field space available why isn't it all being released now?


all a load of pre election nonsense.




but no, it will have absolutely no effect on the price of the existing stock[/QUOTE]


No, that is gold plated, guaranteed, always goes up or stays the same...pull the other one for gawds sake :rotfl:

CLAPTON

Crashy_Time wrote: »

CLAPTON wrote: »

well that target is UP TO 20,000 per year


will the 20,000 be additional and if so to what ?
how do we know that these properties wouldn't have been built anyway?


the 20% reduction is on what price : there is no 'price ' for a property as it all depends upon supply and demand so the reduction is merely a matter of opinion


if the government has all this 'brown' field space available why isn't it all being released now?


all a load of pre election nonsense.




but no, it will have absolutely no effect on the price of the existing stock[/QUOTE]


No, that is gold plated, guaranteed, always goes up or stays the same...pull the other one for gawds sake :rotfl:

I've no idea whether house prices will rise, fall or stay the same in the short term.
what I'm clearly saying is that the newly announced tory target of up to 20,000 'brown field' units per year will have no effect on the prices.

mark5

The sooner the UK moves away from this key worker rubbish the better, is a nurse, or a teacher worth more that the woman who works in a shop or the bloke in the factory, everyone who works for a living should be treated equal.