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Armageddon for flat owners - PAS 9980 even worse than EWS1 fiasco?!
Comments
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This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...
1 -
If people can`t sell their flat to move on to a house there will be downward pressure on house prices.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...0 -
Hmm but there are plenty of FTBs to buy the lower rung houses, even in London and especially outside LondonCrashy_Time said:
If people can`t sell their flat to move on to a house there will be downward pressure on house prices.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...0 -
Would this after owners who need/want to remortgage?0
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Can you post a link to the type of house/area you think they will buy?svejed123 said:
Hmm but there are plenty of FTBs to buy the lower rung houses, even in London and especially outside LondonCrashy_Time said:
If people can`t sell their flat to move on to a house there will be downward pressure on house prices.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...1 -
Probably, yes.bbat said:Would this after owners who need/want to remortgage?0 -
Of course, because landlords are mostly Tory voters while renters are much less likely to be.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...0 -
Hmmmmm .... any stats?[Deleted User] said:
Of course, because landlords are mostly Tory voters while renters are much less likely to be.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...
0 -
Landlords who know what they are doing will absorb the costs, recent FTB desperate to "get on the ladder" and "be able to change the wallpaper" will be hit hardest IMO, especially in London because many of them probably don`t have much spare money lying around.[Deleted User] said:
Of course, because landlords are mostly Tory voters while renters are much less likely to be.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...0 -
Older, wealthier, think it's okay to own someone else's home...lookstraightahead said:
Hmmmmm .... any stats?[Deleted User] said:
Of course, because landlords are mostly Tory voters while renters are much less likely to be.svejed123 said:This government seems to really really hate leaseholders (flat "owners").
Seems like they just want to restrict the supply in buyers market even more, pushing up house prices even more.
Do you really think this won't be watered down or remediations might be so watered down (for smaller flats) that it's not a risk to lenders...0
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