Boris pledge to offer 30% discount to local first time buyers?

RealElement47

This 30% discount for FTBers is what is going to swing it for the tories

All those voters they will buy with this, they will all be planning to buy new build properties with the 30% discount

If Boros fails to deliver them they will want his heart on stake

bioboybill

Any promise from Johnson isn't worth a jot. The bloke is a proven liar who would stab his gran in the back for power.

kinger101

A politicians pledge is worthless at the best of times. One coming from Boris is considerably less valuable than that.

DannyGold

bioboybill wrote: »

Any promise from Johnson isn't worth a jot. The bloke is a proven liar who would stab his gran in the back for power.

With this pledge things are different

There are countless voters sitting on the fence and this 30% discount on new homes for first time buyers swings it

My prediction is Torres wins next week and it will be on the back of this pledge for 30% discount on new homes


Just wait and see the civil unrest that will happen if they don’t deliver on the 30% discount promise!!!!!!!!!!!!!!

DannyGold

kinger101 wrote: »

A politicians pledge is worthless at the best of times. One coming from Boris is considerably less valuable than that.

Other promises yes that’s true

But not this one, he absolutely HAS to keep this promise one way or another

https://www.financialreporter.co.uk/mortgages/conservatives-to-launch-lifetime-fixed-rates-and-30-ftb-discounts.html


"It is difficult especially to see how either a lifetime fixed rate mortgage or 30% discount for first time buyers - effectively a right to buy on private property - would work in practice.

RealElement47

couriervanman wrote: »

No difference to Comrade Corbyn dishing out free sweeties to all and sundry

This is different to promising free internet and four day work week

This is an enormass promise that if you vote conservative then you can get 30% discount off a brand new house


This is huge, it can't be broken without huge reprisals

DannyGold

This is the reason why many are voting for Boris

lisyloo

DannyGold wrote: »

This is the reason why many are voting for Boris

No.
You are very excited about it and some of your demographic.
To many older people it has no relevance, and besides some of us have already voted.

A Tory majority was already odds on before this.

My guess is that any previous incentives available will be removed and prices may be inflated which will water it down from a real 30%. Only available on price inflated new builds.

I can see why it’s attractive to a certain section of one demographic but no more than free money for the waspi women or free long term care etc.
It’s not massive for the whole population e.g. existing home owners or those who still can’t afford to buy.

What you are saying is that bribes work and you may be right.

kinger101

DannyGold wrote: »

Other promises yes that’s true

But not this one, he absolutely HAS to keep this promise one way or another

https://www.financialreporter.co.uk/mortgages/conservatives-to-launch-lifetime-fixed-rates-and-30-ftb-discounts.html


"It is difficult especially to see how either a lifetime fixed rate mortgage or 30% discount for first time buyers - effectively a right to buy on private property - would work in practice.

Why does he HAVE to keep his promise. Manifestos are known for being works of fiction. Boris is regarded as being a compulsive liar. Promises on housing by Tories governments...

https://www.bbc.co.uk/news/business-50296672

As for the fixed rate thing, there's not much point to a lifetime fix on a 95% LTV loan. The interest rate would be horrendous.

bioboybill

DannyGold wrote: »

With this pledge things are different

There are countless voters sitting on the fence and this 30% discount on new homes for first time buyers swings it

My prediction is Torres wins next week and it will be on the back of this pledge for 30% discount on new homes


Just wait and see the civil unrest that will happen if they don’t deliver on the 30% discount promise!!!!!!!!!!!!!!

:rotfl: Outside of the MSE bubble most people haven't even heard about this. I've only seen it mentioned here and nobody I work with has heard about it. I think you need to calm down, and I confidently predict it will be a damp squib.